Financial services software and provider SS&C Technologies is to acquire Advent Software, a provider of software and services for the global investment management industry. Under the terms of the agreement, SS&C will purchase Advent for an enterprise value of approximately
Spencer Capital Holdings is to acquire USA Risk Group an independent captive insurance manager. The transaction is subject to customary closing requirements and regulatory approval, and is expected to close during the first quarter of 2015. USA Risk currently serves
JonesTrading Institutional Services is to open a London office as part of a strategic initiative to expand its services to Europe. The move comes in response to client demand for regional expansion of the firm’s relationship based model for block
Nasdaq has launched an experimental pricing program with lower access fees for 14 stocks representing both small and large capitalisation companies traded on US equity listings venues. The program reduces the access fee to five cents per 100 shares from
The European Parliament voted to adopt the UCITS V Directive on 15 April 2014, settling any fears and uncertainties that political disagreement over the scope of the remuneration rules might scupper its approval. UCITS V will come into closer alignment
A reception at the UK Parliament hosted by the Alternative Investment Management Association (AIMA), the global hedge fund association, has heard how hedge funds can help pension funds to close the “pensions gap”. Speaking at the reception were the Labour
Hong Kong law firm K&L Gates has added Michael Wong as a partner in the investment management, hedge funds and alternative investments practice. Wong joins the firm from Allen & Overy LLP. Concentrating his practice on investment management and financial
Unigestion, an institutional asset manager that focuses on providing its clients with a targeted range of risk-managed investment solutions, has appointed Ken Harvie as Head of Consultant Relations within its Institutional Clients team. Harvie joined in December 2014 and is
Guggenheim Securities International, the international investment banking and capital markets division of Guggenheim Partners, has commenced operations, providing sales and trading services for European clients. "Guggenheim is pleased to extend its broadened securities platform to deliver thoughtful solutions and ideas
Fund governance firm DMS Offshore Investment Services (DMS) has appointed Westley Chapman as a Director. Chapman will serve on the boards of investment funds, providing independent oversight on governance and compliance matters. He will also function as Director, Operational Due
