BNY ConvergEx Group, a provider of global agency brokerage and investment technology solutions, has launched Apex (Analytical Portfolio Execution), a new portfolio algorithmic optimiser de
Absolute Capital Management, the Majorca-based, London-listed hedge fund manager that was hit by heavy redemption requests and a catastrophic collapse in its share price following the acri
Convergence, a provider of data, tools and models to asset managers, investors and service providers, has launched a new website – www.convergencellc.us. Convergence was formed to work with alternative and traditional asset managers to achieve optimal performance across their
The Fidessa group, a provider of multi-asset trading systems, market data and global connectivity, has won the Readers’ Choice Award for the best trading platform/order management product
Bell Rock has appointed Evan Judd to its independent director services team, as it expands its fund governance practice for investment funds. Judd’s expertise will complement those of other members of the team, who have an extensive track record
The Securities and Exchange Commission has launched enforcement actions against 23 firms for short selling violations. The agency is increasing its focus on preventing firms from improperly participating in public stock offerings after selling short those same stocks. Such violations typically
Growing complexity within the strategies of hedge funds means it is harder for managers to keep track of the portfolio and of their total exposure to securities and asset classes.
Software provider Interwoven has announced the launch of Interwoven DealConnect for DTCC, which it says is the capital market industry’s first standalone solution to enable the buy-side an
Law firm Stroock & Stroock & Lavan has appointed Tram N Nguyen as a partner in the firm’s private funds practice group. Nguyen is resident in Stroock’s DC office, where she joins Robert E Plaze who before founding that
The ALTIN fund of hedge funds portfolio has generated positive returns over the first half of 2013 as underlying managers took advantage of opportunities in the markets and navigated through periods of high volatility. The diversification across multiple strategies and
