NYSE Euronext (NYSE:NYX) shareholders have approved the adoption of the business combination agreement with Deutsche Boerse AG and related proposals. The proposals, which required approval by a majority of the outstanding shares or in some cases majority of shares voted
BI-SAM Inc has appointed Scott Okupski as North America Head of Client Services, responsible for product implementations, client relationships and local support. Okupski’s appointment will reinforce BI-SAM’s North American management team, which has already been strengthened through a heavy recruitment
Alternative UCITS funds made gains of 0.22 per cent in June according to Alix Capital, provider of the UAI Global Index. Last month’s performance was characterized by small performance dispersion. The majority of strategies made modest gains of between 0.20
Thomas Conheeney will step down as president of Point72, a family office managing the assets of its founder and chief executive officer, hedge fund manager Steven A Cohen. Douglas Haynes has been named as Conheeney’s successor. “I thank Tom
With equity markets continuing their rally into Q3 2013, the demand for alternative UCITS strategies has continued, according to the Alceda Quarterly UCITS Review. Tracking the Absolute Hedge Alternative UCITS Index, which encompasses 454 funds, assets under management reached a
Northern Trust has appointed Bruce Tang to the Northern Trust Alternatives Group hedge fund of funds team as a research analyst and vice president. Tang joins 26 investment professionals on the Northern Trust Alternatives Group fund of funds team.
Law firm Maurice Turnor Gardner has launched with a team of 23, formerly the private client department of international legal practice Allen & Overy, covering private wealth, profes
Kotak Mahindra (UK), a wholly-owned subsidiary of India’s Kotak Mahindra Bank, has announced the launch of the Kotak India Dynamic Fund, a multistrategy equity fund that aims to generate a
Independent investment firm Veritas Asset Management has appointed Antony Burgess to the new role of director of institutional business.
Fewer than 20 per cent of alternative investment fund managers (AIFMSs) have submitted an application to their local regulator for Alternative Investment Fund Managers Directive (AIFMD) authorisation. That’s the finding of new research from BNY Mellon, which comes just six
