With cloud-based processing and data storage being embraced by hedge funds and fast becoming the norm, there are enormous opportunites to be harnessed. Derivitec has turned to Microsoft’s hybrid offering – Windows Server 2012 & Windows Azure. Here, Derivitec’s George
The Irish Funds Industry Association (IFIA) has welcomed the enactment of the Irish Collective Asset-management Vehicle (ICAV) Bill, signed into Irish law by the Irish president late last week. And the IFIA has confirmed that alternative asset manager Permal Group
Sprott Asset Management has appointed Peter Loach as executive vice president of product development. Sprott Asset Management is a business unit of Sprott Inc and manager of the Sprott family of mutual funds, hedge funds and discretionary managed accounts. "We
The US Commodity Futures Trading Commission (CFTC) on April 15, 2011, obtained a federal court order imposing more than USD12 million in restitution and civil monetary penalties on defendants Brian Kim and his company, Liquid Capital Management, LLC (LCM), for
Private financial cloud provider Options has appointed former NYSE Euronext executive Richard Hughes as senior vice president, managing director for Europe. Hughes, who was most recently responsible for global business development at NYSE Technologies, NYSE Euronext’s commercial technology division, will
BNY Mellon Alternative Investment Services has launched a service that independently validates a hedge fund’s position records to third parties and verifies the pricing of that fund’s securities. The new service provides fund managers and their investors with greater transparency
The threat of cyberattacks is growing within the hedge fund community, requiring managers to put in place policies and procedures that address the cybersecurity risks unique to their firm. This goes beyond merely acquiring technology and hoping for the best.
Muzinich & Co, an institutional asset management firm specialising in corporate credit, has appointed Rafael Ximenez de Embun and Jesus Belascoain as it continues to strengthen its team in Madrid. Ximenez de Embun joins Muzinich to lead the Marketing and
CME Group has named Christopher Fix as Managing Director and Head of Asia Pacific. Fix will be based in Singapore and will be responsible for leading CME Group's efforts to develop benchmark products and services to meet the needs
The Securities and Exchange Commission has obtained an emergency court order to shut down a Beverly Hills, California hedge fund and wealth management business targeting retirees, university professors, and members of the Christian community. The SEC alleges that IU Group
