Luxembourg-based VNX Exchange is joining forces with Sumsub, a scalable solution for KYC/AML regulatory compliance, to stay in line with growing jurisdictional demands and ensure compliance of its platform. As the fifth EU Anti-Money Laundering Directive (AMLD5) gains its full
Total assets for the hedge fund industry grew by 3.34 percent in the third quarter to USD 687.5 billion based upon an estimate of 5,735 hedge funds in the indust
Specialist finance and advisory firm Trafalgar Capital Advisors (TCA) has entered into a strategic partnership with Marylebone Fund Management Group to launch the PreIpo2Ipo fund, which will provide bridge financing to innovative organisations seeking listing on small-cap exchanges or listing
Broadridge Financial Solutions has launched Broadridge Data Control Intelligent Automation, a new artificial intelligence (AI) and machine learning (ML) platform built to be deployed across industry-wide reconciliation, matching and exception management applications. Broadridge has teamed with Singapore-headquartered Tookitaki Holding Pte
The Financial Services Authority (FSA) in the UK has fined a former CEO of Credit Suisse Financial Products GBP 150,000 for failing to detect or prevent attempts
Man Group plc has taken a significant step in establishing its presence in China, with the appointment of Yifei Li (pictured) as Country Chair, China. Li has 18 years of senior management experience, having successfully led the expansion of several
Companies ranked in the bottom 50 per cent of ESG performance are significantly more likely to attract activists’ attention, according to the findings of Alvarez & Marsal’s (A&M) latest analysis and predictor of shareholder activism in Europe, the A&M Activist
Germany’s HVB Group has formed a strategic partnership with NY-based Ramius Capital Group combining the two firms’ respective hedge fund of funds management busi
GAM has launched the GAM Star Cat Bond, a UCITS-compliant fund that aims to deliver stable and very attractive cash plus returns that are not impacted by the volatility and performance of more traditional equity and fixed income instruments. The
GPIF, the Japanese Government pension fund and the largest pool of retirement savings in the world, has suspended stock lending in a move that will have implications for short-sellers including hedge funds. GPIF says that the practice of stock lending
