The hedge fund industry took in USD3.8 billion (0.2% of assets) in June, the sixth straight inflow as well as the eleventh in 12 months, according to the latest figures from BarclayHedge and TrimTabs Investment Research. Industry assets decreased to
Makor Group, a brokerage serving hedge funds and institutional clients from offices in five financial centres, has placed a five-year corporate bond listed on the Frankfurt Stock Exchange. The financing will underpin further expansion for Makor, following its recent acquisition
Fiona Le Poidevin has resigned as chief executive of Guernsey Finance, the promotional agency for the island’s finance industry internationally, to head up the Channel Islands Securities Exchange (CISE). She will leave in early 2015 to become chief executive at
The SEC has charged two individuals with insider trading on a hedge fund manager’s announcement that his fund had formed a negative view of Herbalife Ltd and taken a USD1 billion short position in its securities. The SEC’s orders find that
Barclays has firmly rebutted the claims made against it by Eric T Schneiderman (pictured), the New York Attorney General, over the operation of its dark pool with a robust defence of its practices. In a 49-page statement document filed with
Anthony Burton has joined GLG Partners’ London office as a Portfolio Manager.
Investment Technology Group, Inc. (NYSE: ITG), a leading agency research broker and financial technology firm, has launched algorithms for Mexican equities, including the proprietary Active algorithm, which has been customized for the structure and spread profile of the Mexican market.
Schroders has appointed two commodity experts, James Luke and Dravasp Jhabvala, to further strengthen its commodities team. Luke joins the London-based team, headed by Geoff Blanning, as commodity fund manager/ metals analyst and Jhabvala as commodity quantitative analyst. Luke
Morgan Stanley this week announced the launch of the MS Nezu Cyclicals Japan UCITS Fund on its FundLogic Alternatives plc platform. The Fund provides exposure to Nezu Asia’s equity capabilities and invests across Asia in a long/ short format with
Nomura has made two new hires into its prime finance business, which encompasses equity financing, prime services and Delta 1. Massimo Labella has joined as head of directional Delta One sales. He previously spent 12 years at JP Morgan, focusing
