Order book turnover on Xetra and the Xetra Frankfurt specialist trading stood at EUR181.6 billion in August – an increase by 102 per cent year-on-year (August 2010: EUR89.7 billion). Of the EUR181.6 billion, EUR173.4 billion were attributable to Xetra (+107
SS&C Technologies has acquired Prime Management Limited, a fund administrator and a service provider to investment structures, sponsors and managers in the insurance linked securities market. Prime currently services 25 managers with USD6bn in assets under administration (AUA) from its
Dutch-based investment consultant Cardano has announced the appointment of Bill Kelsey to its London-based investment management team with specific responsibility for selecting equity long
Richards Kibbe & Orbe (RK&O) has appointed Denise R Hamer as a partner in the firm’s London office where she will focus on finance, distressed debt, financial restructuring and special situations, with a particular emphasis on developing markets. Hamer has
Federated Investors has expanded its capabilities in trade finance and emerging market debt with added personnel at its London office. Three investment professionals specialising in trade finance strategies and two specialists in emerging-market strategies have joined Federated Investors (UK). In
Bank of New York Mellon has developed a netting service called Derivatives Collateral Net, which enables derivatives dealers to post only their net obligations against all other partici
Hedge fund managers have turned bullish on US equities, according to BarclayHedge and TrimTabs Investment Research. Bullish sentiment on the S&P 500 among hedge fund managers soared to 43% in July, the largest share since December 2010, from 27% in June. Bearish
As of 06/30/2011 the Salus Alpha Commodity Arbitrage VT heads the list of Salus Alpha Funds with 1.78% MTD-Return. The fund returned +1.78% in June to date and excellent +8.99% since the beginning of the year 2011. The fund outperformed the
Although the overall number of countries with tax issues as a result of implementation of the UCITS IV Directive has decreased since 2010, there still remains a significant portion of EU Member Sta
