SGGG Portfolio Systems, a provider of technology to small and mid-sized hedge funds, has built the first appliance specifically for hedge fund managers. The appliance combines hardware, operating system and SGGG’s proprietary hedge fund software in a single pre-installed and
Appleby has made a number of changes to its leadership team, including the appointment of Frances Woo as group chairman. Woo (pictured) will succeed Peter Bubenzer who will be retiring from the Appleby Group on 31 March 2013, following a
Hedge funds posted strong returns in January on the back of rising risk appetite and rallying global equity markets. The Eurekahedge Hedge Fund Index was up 1.98 per cent during the month, while the MSCI World Index gained 4.66 per cent. 80 per
BNY Mellon continues to win new business, as its Q3 figures testify to: strong growth in assets under custody (+12 per cent) and assets under management (+9 per cent) helped it earn USD622mi
Risk-on sentiment bolstered hedge funds’ returns last week with Lyxor’s Global Hedge Fund Index up 0.3 per cent. The most directional strategies outperformed, including L/S Equity along with Special Situations strategies. Other strategies though, were flat. The rise
Merlin Securities, a prime brokerage services and technology provider, has launched Merlin Dossier, a one-click solution that allows hedge fund managers to create detailed reports about their funds with up-to-date net performance information. “Merlin Dossier creates a standardised overview of
BNY Mellon has received regulatory approval to launch a new Issuer Central Securities Depository (CSD) entity that will offer market participants enhanced interoperability and efficiency in the global post-trade arena. BNY Mellon CSD SA/NV will offer issuer, settlement and safekeeping
NYSE Euronext global derivatives average daily volume (ADV) in March 2013 of 8.1 million contracts was in line with March 2012, and represented a decrease of 7.8 per cent from February 2013 levels. NYSE Euronext European derivatives products ADV
Asian financial market traders can now access multiple sources of “dark pool” liquidity thanks to a new agreement between Chi-East and global conne
NEX Data, which delivers independent market intelligence and price information for OTC Data, and JBOND, an electronic platform for trading in Japanese Repurchase agreements, have launched the JBOND NEX Repo Index to measure the effective cost of funding for Japanese
