Private equity and alternative firms are moving down market to support the retail marketplace, according to research from analytics firm Cerulli Associates. "Private investment managers, following in the tracks of hedge-fund-focused alternative firms and traditional long-only managers, are tapping the
HSBC Global Asset Management (USA) has appointed Mary Bowers as a senior global high yield fund manager in its global fixed income team, based in New York. The team manages approximately USD3bn in the high yield capability. Bowers will manage
BATS Chi-X Europe, the pan-European recognised investment exchange, is in the process of on-boarding customers to BXTR, a suite of on- and off-exchange trade reporting services. With all functions fully operational, the BXTR pan-European trade reporting service has captured significant
Forsyth Partners has agreed a further deal with Korea Development Bank Asset Management involving a USD10.35m direct investment into one of the firm’s funds of hedge funds, the Forsyth Alt
National Futures Association (NFA) has hired Jamila Piracci as Vice President of OTC Derivatives, a new position created to oversee the regulation of swap dealers (SDs) and major swap participants (MSPs). Piracci comes to NFA from the Federal Reserve Bank
GBX Technologies, the Hong Kong-based developer of bespoke foreign exchange technology solutions, has expanded its range of liquidity providers to include prime broker TopFx. Authorised and regulated by the Cyprus Securities and Exchange Commission with a cross-border license to provide
Highland Capital Management has launched a non-traded product line with a publicly-registered business development company (BDC) NexPoint Capital. The BDC will be the industry’s first healthcare-focused fund of its kind with a target raise of USD1.5bn in capital for investing
Mitsubishi Corporation has invested USD39m to acquire a 19.5 per cent stake in Aladdin Capital Holdings, an alternative investment manager specialising in fixed income hedge funds and coll
Conyers Dill & Pearman has advised the first Class A Exempt Fund to be registered in Bermuda under the new funds regime. The Investment Funds Act 2006 was amended in October 2013 to introduce two new fast track categories of
Financial software provider Misys has launched Misys Connect, a suite of programmes giving customers direct access and links to the cross-functional teams and expertise they need. Each category contains three value-added programmes which help clients derive the most benefit from
