Progressive Capital Partners (Progressive Capital), an independent Swiss investment boutique specialising in niche alternatives and managed futures strategies, is to acquire Vontobel Asset Management’s “Alternative Fund Solutions” unit. Further to an existing mandate and a fund solution, their current team of
Mellon HBV Alternative Strategies LLC, has surpassed USD 100 million in assets for its European Event-Driven strategy. The strategy is
In response to the market disruption of 6 May, the SEC and the Financial Industry Regulatory Authority (FINRA) are proposing new rules under which they would pause trading in certain individual stocks if the price moves 10 per cent or
BEQUANT, a cryptocurrency exchange with prime brokerage services, is partnering with Avelacom, a global connectivity and IT infrastructure provider; to provide crypto currency market participants with faster access to BEQUANT’s market infrastructure via Avelacom’s low latency network. Through this initiative
Gartmore Investment Management plc has added GBP 120 million of UK equity high alpha mandate wins in recent weeks to its growing list of recent institutional specialist busi
Alpha FMC, a provider of specialist consultancy services to the Asset and Wealth Management industry has completed the acquisition of Obsidian Solutions Limited, a financial services cloud-based SaaS business in the United Kingdom. Obsidian brings a highly complementary suite of
Key Asset Management, the fund of hedge funds specialist, this year hit the USD 1 billion level in assets under management.
Vistra, a global corporate service, trust and fund administration provider, has completed the rebrand of London Legalisation Services (LLS), a London-based provider of legalisation and consular services, as Vistra. Derek Kemp (pictured), Regional Managing Director, UK, Ireland, Channel Islands &
The Chicago Board Options Exchange (CBOE) has selected seven firms to serve as electronic-Designated Primary Market Makers (e-DPMs). e-
NYSE Euronext has welcomed the Securities and Exchange Commission’s move to gain the agreement of exchanges and trading venues on the implementation of industry-wide single-stock circuit breakers. The adoption of this market-wide mechanism will promote investor protection and is designed
