Madrid-based alternative investment manager Próxima Alfa Investments has launched Próxima Global Markets, an Irish-domiciled Ucits III fund that employs hedge fund investment
Eurex Clearing has announced it has successfully transferred all customer positions and wound down all proprietary positions of Lehman Brothers International (Europe) in an orderly and tim
Gottex Fund Management, an independent alternative asset management group, has announced changes to its senior management organisation.
Dexion Capital is planning to list a new investment company, DCG IRIS Limited, on the London Stock Exchange. DCG IRIS Limited is a proposed new London-listed, closed-end investment company seeking attractive returns from insurance linked strategies (ILS). The IPO is
The US CFTC has issued an order against Lloyds Banking Group and Lloyds Bank, bringing and settling charges for acts of false reporting and attempted manipulation of the London Interbank Offered Rate (LIBOR) for Sterling, US Dollar and Yen. The order finds
Vanguard this week launched four Irish-domiciled Exchange Traded Funds (ETFs) on the London Stock Exchange. The new funds complement Vanguard’s existing ETF range and will give UK investors the opportunity to construct low-cost equity portfolios with greater international diversification. Vanguard
Deutsche Börse Group has completed its full acquisition of Eurex Zürich AG. Representatives of SIX Swiss Exchange/SIX Group AG and Deutsche Börse AG jointly finalised the transaction in Zurich and signed the corresponding closing documents. Deutsche Börse is to pay
KNEIP has launched an expanded service offering to help asset managers meet the increased demands posed by regulation in Europe. Over the course of 2013, KNEIP added new business lines including AIFMD transparency reporting and regulatory filing. Quarter four
Global capital markets trading is being re-architected, led by a cost-conscious mix of hardware, software, data and fewer people, according to research by TABB Group. Driving this change are regulation-induced automation, particularly in fixed income and interest rate derivatives trading,
Credit Suisse has announced that Erin Callan will be joining the bank from Lehman Brothers in September as a managing director, head of its global hedge fund business and a member of the i
