Millennium Trust Company, a provider of alternative asset custody solutions to institutions, advisors and individuals, has made two promotions within its Alternative Solutions Group. The firm has named Jeremy Christensen, Director of Private Fund Custody and Matt Nitschke, National Director
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has been named as an Elite Services Provider (ESP) on 2015 CRN Managed Service Provider (MSP) 500 list. This annual list distinguishes the top technology
Euro prime money market fund (MMF) balances grew by 33.6% in 2014 to EUR82 billion, according to Moody’s Investors Service’s newest quarterly money market fund reports. "This increase in assets is directly attributable to the European Central Bank's rate cut
SS&C Technologies Holdings has completed completion of Annex IV filing for over 50 Alternative Investment Fund Managers (AIFMs) and 300 Alternative Investment Funds (AIFs). SS&C GlobeOp filed with multiple Nationally Competent Authorities (NCAs) across Europe, including the key jurisdictions of
Prologue Capital, an alternative investment firm that manages a discretionary fixed income strategy, has appointed Devin Graham as chief risk officer. He is based at the company’s headquarters in London and reports to David Lofthouse, Prologue’s chief executive. Graham
Big changes are afoot at UBS, one of the prime brokers recently selected by Morgan Sze’s Azentus Capital – the eagerly anticipated USD1billio
Artisan Partners Asset Management has recruited Lewis Kaufman to start a new autonomous investment team – the firm’s seventh in total. At Artisan Partners Kaufman will manage a developing world strategy that the firm is targeting to launch in mid-2015.
As at 31 January 2015, 46 Guernsey Alternative Investment Fund Managers (AIFMs) have used the isand’s National Private Placement (NPP) regime to market Alternative Investment Funds (AIFs) into Europe. The figures, which solely reflect marketing into Europe by Guernsey AIFMs
Euroclear UK & Ireland and EMXCo have launched a fully electronic and integrated order routing and settlement solution for UK fund transactions. According to HM Treasury, the UK funds industry could save GBP70m to GBP290m per year by embracing processing
The Depository Trust & Clearing Corporation (DTCC) has released a white paper outlining the rationale for supporting a move to shorten the settlement cycle (SSC) in the US financial markets for equities, corporate and municipal bonds and unit investment trust
