Fortis’s Prime Fund Solutions obtains SAS-70 certificate
The fund administration services of Prime Fund Solutions, the global fund services provider of Fortis Merchant Banking, have obtained an SAS-70 type I certification for its operations in t
The fund administration services of Prime Fund Solutions, the global fund services provider of Fortis Merchant Banking, have obtained an SAS-70 type I certification for its operations in t
S&P Capital IQ Real-Time Solutions has partnered with Arista Networks to provide its clients with advanced data transfer speeds and improved performance via the firm’s QuantLINK offering. S&P Capital IQ Real-Time Solutions will leverage the latest network device generation –
South Africa’s Peregrine group has concluded a non-binding agreement to acquire at least 65 per cent of Stenham Group, a UK-based wealth management firm specialising in alternative investm
Thames River Capital has received applications totalling GBP83.5m from the placing of C shares in its top-performing fund, the Thames River Hedge+ fund managed by Ken Kinsey-Quick and Alex
The Securities and Exchange Commission has filed a civil action against UK hedge fund manager Headstart Advisers and its chief investment adviser, Najy N.
A concerning number of buy-side firms still rely on legacy systems even as they seek to generate alpha through alternative investment strategies, according to research carried out by SimCorp. When asked if their firms need to create workarounds to

BlueBay Asset Management, a manager of fixed income and alternative investments, has appointed Richard Blake as director, sales – alternatives with immediate effect. Based in London, Blake will focus on building BlueBay’s alternative business. Blake joins BlueBay from
IFG Fund Administration has further strengthened its team which targets the alternative investment industry, as it seeks to grow its business. Stephen Edmonds has joined the Isle of Man office, working closely with Colin Stott who was recently promoted to
The Washington-based Commodity Futures Trading Commission (CFTC) is proposing to exempt the trading and clearing of certain credit default options and credit default basket options from ap

As China’s economic growth decelerates and some industry sectors face growing oversupply issues, the risks from China’s recent credit boom appear to be rising to the surface for the country’s banks. That is according to Standard & Poor’s Ratings