Alas! The day has come when bosses once at the helm of the world’s largest financial institutions are now taking up lower-profile posts in lesser-known businesses.
Advent Software’s Geneva portfolio management and fund accounting product was named Best Fund Accounting and Reporting System 2014 by the readers of Hedgeweek. The fifth edition of the Hedgeweek Awards, presented in London on 3 February 2014, brought together the
The number of funds notifying the Jersey Financial Services Commission (JFSC) of their intention to privately place into Europe under AIFMD rules has broken through the 150 mark. Figures collated by the JFSC show that, as at 22 July, a
Deutsche Bank has teamed up with Omega Advisors to launch a new fund in December on its dbalternatives UCITS platform (which also supports managed accounts an
Hedge fund industry body the Alternative Investment Management Association has announced the appointment of Todd Groome as its non-executive chairman together with the restructuring of
Aquis Exchange, the proposed pan-European stock exchange, will allow its members to access its trading platform via the BT Radianz Cloud. The BT Radianz Cloud — the largest secure networked financial community in the world — helps financial
Phoenix Fund Services (UK) has received Financial Conduct Authority (FCA) approval to act as Alternative Investment Fund Manager (AIFM) for alternative investment funds (AIFs) under the new AIFMD legislation. Phoenix Fund Services (UK) has been appointed as the AIFM for
International law firm Akin Gump Strauss Hauer & Feld LLP is to add two partners to its London funds practice. Tim Pearce and Ian Meade will join the firm from Simmons & Simmons. Their arrival at Akin Gump will significantly
Macquarie Group Ltd (Macquarie) is acquiring a 42.5% stake in sugar and ethanol advisory, supply chain management and trading firm C Czarnikow Ltd from Wilmar International Ltd, which will cease to be a shareholder. Bringing significant expertise in agricultural risk
The London Metal Exchange (LME) is working with Colt Technology Services to launch LMEnet, a dedicated network providing a fast and secure connection to the exchange’s electronic systems, including LME Clear. LMEnet will be underpinned by Colt’s dedicated trading network
