Convergex, an agency-focused brokerage and trading related services provider, has appointed Frederick Arnold as Chief Financial Officer (CFO). Arnold will oversee all of Convergex’s global financial operations and will serve on the firm’s Executive Committee, responsible for providing organisational guidance
Conor McCarthy has joined brokerage and trading services provider ConvergEx Group as chief financial officer. McCarthy will oversee all of ConvergEx’s global financial operations and will serve on the firm’s Executive Committee, responsible for providing organisational guidance and governance.
The Financial Conduct Authority (FCA) penalised British firms a total of GBP506.94m (USD770m) in 2013, according to research from Kinetic Partners. The penalties handed down by FCA to individuals totalled GBP5.42m (USD8.23m) in 2013. While the amount fined to
Maitland has received approval from the Luxembourg regulator (CSSF Luxembourg) for its Alternative Investment Fund Manager Directive (AIFMD) compliant management company and specialised investment fund. Together, they provide fund managers with a solution to the regulatory and supervisory burden associated with
Multi-strategy hedge fund manager Deimos Asset Management has appointed Paul Orwicz (pictured) has a Managing Director and Portfolio Manager. In this role, Orwicz is focused on building and managing a portfolio of technology, media and telecommunications (TMT) investments. Orwicz is
SS&C Technologies Holdings has completed its acquisition of Advent Software, a provider of software and services for the global investment management industry. Advent has more than 4,300 customers including asset managers, hedge funds, fund administrators, prime brokers, family offices and
A white paper from Gravitas provides alternative investment companies with a layered cybersecurity strategy including a six-point framework of actionable steps to address a range of cyber-threats head on. Gravitas is a co-sourcing platform providing portfolio management and risk analytics,
The US Commodity Futures Trading Commission (CFTC) has obtained a federal court order requiring Robert J Andres and his company Winsome Investment Trust and Robert L Holloway and his company US Ventures (USV) to pay a civil monetary penalty of
Towers Watson has appointed Craig Baker to the new role of global chief investment officer, responsible for all aspects of the company’s investment philosophy and process. Chris Mansi will take on the new role of global delegated CIO, with responsibility
New Mountain Vantage Advisors has launched its US equity long/short fund on the MontLake UCITS platform. MontLake provides investors with access to a range of liquid, transparent and regulated investment products domiciled in Dublin. New Mountain Vantage is an affiliate
