The European hedge fund Whard Stewart Master Fund has joined the client-clearing services of the new EurexOTC Clear for Interest Rate Swaps (IRS). JP Morgan, one of the largest clearing service providers for listed and OTC derivatives globally, acted as
PineBridge Investments has hired George R. Hornig as senior managing director and chief operating officer. He will oversee the finance, operations, legal and compliance, technology, product development, and marketing and communications divisions. Based in New York, will also serve on
Institutional stock brokers continued to be modestly bullish throughout the fourth quarter of 2012, continuing the trend from the end the third quarter which bodes well for the first quarter of 2013, according to a survey by TIM Group. This
NYSE Euronext’s global derivatives business achieved a record year in 2010, according to final volume data released by the company. Overall average daily volume of 8.43 million contracts represented an increase of 24% on 2009, while volumes from clients based
Vistra Fund Services (VFS) this week announced further expansion in Asia with the opening of its Singapore office. VFS is a global independent fund administrator and part of the Vistra Group, a global provider of corporate, trust and fiduciary services,
The Asian hedge fund industry posted strong gains to conclude 2012, led by hedge funds investing in China, India and Japan, as capital invested in the Asian hedge fund industry increased by 7.5 per cent for 2012, according to the
Global derivatives average daily trading volume totalled 6.7 million contracts in December 2010, a decrease of 6.2% versus the pervious year, according to the latex figures released by NYSE. The fall was driven primarily by a 17.7% decrease in European
Interdealer broker and post trade risk services provider ICAP has taken an equity stake in iSwap, a trading platform for interest rate swaps. Citigroup has joined as an investing partner and will support the platform with streaming prices, alongside the
A&L Goodbody remains the leading Irish legal adviser to the Irish funds industry, representing domiciled and non-domiciled funds with a combined asset value in excess of USD238bn, according to the Lipper Ireland Fund Encyclopaedia 2010/2011. The Lipper report shows that
As one of the key benchmark providers of UCITS-III hedge funds, UCITS Alternative Index, managed by Geneva-based Alix Capital SA has a front row seat when it comes to assessing the
