Insurers in Asia and Europe are being guided by the shadow of local regulations, as well as investment logic, in their allocating to alternative strategies. While their plans are often to boost exposure to non-traditional asset classes, the degree of
Gold trading volumes on the Dubai Gold and Commodities Exchange (DGCX) reached 41,945 contracts in December, registering a significant growth of 14% year-on-year. In December 2014, DGCX volumes witnessed a growth of 25% from the same period last year,
NYSE Euronext will next month allow broker-dealers’ alternative trading systems and off-exchange market centres to print dark pool trades on the Finra/NYSE trade reporting facility and display the daily activity of each trading venue on NYSE.com. “This is an example
Citi’s depositary bank business is enabling European-registered alternative investment funds (AIF) and UCITS funds to trade A-shares through the Shanghai-Hong Kong Stock Connect scheme. Since the launch of Stock Connect in November last year, Citi has worked very closely with
The London Metal Exchange (LME) has appointed John Lee as Chief Technology Officer (CTO). Lee has 22 years of technology experience within financial exchanges, along with extensive leadership and systems delivery expertise. He joins from ICE/ NYSE Euronext, where he
Larry Keele, head of the Oaktree Capital’s US Convertibles strategy, has decided to retire from the firm effective 30 June, 2015 to pursue his personal interests full-time. Effective immediately, Stu Spangler, Managing Director, who has been a member of Oaktree’s
Alpari has filed for insolvency after the majority of the retail currency broker’s clients sustained losses brought about by the Swiss National Bank’s (SNB) decision to scrap the Swiss franc’s currency cap against the euro. The value of the Swiss
Cheyne Capital has appointed Max Nardulli as head of international sales and distribution. In this newly created position, Nardulli will be responsible for the marketing of Cheyne’s expanding range of products globally, excluding the UK. Nardulli joins Cheyne from
The Securities and Exchange Commission has charged a subsidiary of UBS with disclosure failures and other securities law violations related to the operation and marketing of its dark pool. UBS Securities LLC agreed to settle the charges by paying more
Fiserv has partnered with HedgeACT, based in Chicago, to deliver access to an array of hedge funds to asset managers and investors within their managed account portfolios. The HedgeACT portal will be seamlessly integrated with the Unified Wealth Platform from
