Troubled hedge fund manager Absolute Capital Management says its proposals to restructure five of its funds in order to avoid having to take a loss on positions taken in small, thinly-trad
FIX Trading Community, the non-profit, industry-driven standards body for global financial trading, has formed a Global Post-Trade Working Group. The new group will bring together the existing Americas Buy-side Post-Trade Working Group with the EMEA Post-Trade Working Group, in
Lyxor Asset Management has appointed Frank Frecentese as global head of hedge fund research. The appointment continues Lyxor’s growth in the North American market. Frecentese’s appointment will bolster Lyxor’s existing dedicated portfolios team which offers advisory services and
OpHedge Investment Services, a provider of outsourced middle and back office hedge fund administration services, has leased additional space in order to expand its offices in Rye Brook, Ne
The Financial Services Authority has issued a warning to activist hedge funds about potential insider trading abuses that may arise where funds build stakes in target companies with a view
Moscow Exchange has made a number of senior hires to its management team to strengthen key operations and increase the exchange’s international competitiveness. Luis Vicente has been appointed managing director of risk and clearing. Upon receiving the pertinent clearance from
Liquid Holdings Group has released version 3.5 of its cloud-based hedge fund platform, Liquid. “We purpose-built the Liquid platform for hedge funds. Our commitment to cloud computing since our inception allows us to quickly meet our clients’ business requirements,
Fidessa, a provider of multi-asset trading, market data and global connectivity solutions, has announced that Fox-Davies Capital, a London-based broker/dealer and adviser to the natural re
Azimut Holding has launched what is believed to be the first UCITS IV-compliant hybrid bonds funds in Europe. The fund – AZ Fund Hybrid Bonds – will invest 100 per cent of its assets in hybrid bonds and has an
Curacao-based Magnum has launched a leveraged version of its Magnum Bull & Bear Fund, a fund of funds that gives investors access to hedge fund strategies seeking profits in both bull
