Fiera Capital has closed the acquisition of the Canadian fixed income, Canadian equity and domestic balanced account business from UBS Global Asset Management (Canada). The deal represents assets under management of approximately CAD8bn for a cash consideration of CAD52m, subject
Cognios Capital, a private independent investment management firm, has appointed Francisco J Bido as head of quantitative research and portfolio manager. Through extensive research and analysis of risk-adjusted strategies, Bido will strengthen Cognios Capital’s proprietary ROTA/ROME valuation approach and
Schulte Roth & Zabel (SRZ) has appointed Barry A Bohrer and Lisa A Prager as partners and Lara Covington as special counsel in the firm’s litigation practice. The group’s arrival from Morvillo, Abramowitz, Grand, Iason, Anello & Bohrer brings further
Crills Advocates, a full service law firm in Jersey, has joined Walkers, the offshore law firm.
Orc, a provider of technology and services for the financial industry, has launched Orc Flow Control, a new solution for managing and monitoring pre-trade risk. Orc Flow Control is designed to help brokers enhance their DMA offerings; and for banks
The National Futures Association (NFA) has taken an emergency enforcement action against Prodigy Asset Management (PAM), a commodity pool operator (CPO) and commodity trading advisor (CTA) located in New York City, and its principal Ezekiel Abdel Rahman. NFA has taken
The Serious Fraud Office (SFO) has issued criminal proceedings against Magnus Peterson, a Swedish national and the founding director of Weavering Capital (UK) Limited. He has been charged with six offences: Two offences of false accounting contrary to s.17(b), Theft
The European Securities and Markets Authority (ESMA) has published its final Guidelines and a Feedback Statement on the Exemption for market making activities and primary market operations under the Short Selling Regulation. The Guidelines are aimed at providing market participants
The US CFTC is seeking comment on proposed governance and conflicts of interest Acceptable Practices for all US designated contract markets.
Geneva-based Alix Capital, provider of the UCITS Alternative Index Global, is publishing a report that suggests ESMA proposals will impact EUR3billion of CTA UCITS assets
