Asset Control, a provider of financial data management solutions and services, has appointed Dean Goodermote (pictured) and Frank Fanzilli Jr to its board of directors. Goodermote and Fanzilli complement and strengthen the composition of the board and bring with them
Investment managers are failing to perceive the risks associated with the European Union’s Alternative Investment Fund Manager’s directive, according to a report by BDO. In a survey which asked investment managers in the UK to identify their top risks, only
The US Commodity Futures Trading Commission (CFTC) today announced the release of two new data sets that add further transparency to commodity futures markets. The new reports, entitled “Large Trader Net Position Changes” and “Trading Account Net Position Changes,” build
The Reserve Bank of India’s (RBI) guidelines on securitisation transactions could promote the long-term growth of the Indian securitisation market, pending clarity on the tax treatment of Pass-Through-Certificates (PTCs), Fitch Ratings says. Fitch believes that the requirement for a minimum
Backstop Solutions Group, a provider of software-as-a-service platforms for the alternative asset management industry, has opened its Asia Pacific office in Hong Kong. The new office will better position Backstop Solutions to serve its Asia Pacific customer base in a
Eurex Exchange, the international derivatives market of Deutsche Börse Group, is to extend its product range by introducing foreign exchange (FX) derivatives as a new asset class. Effective 7 July 2014, exchange-traded currency futures and options will be offered on
Russian brokerage Otkritie Securities has appointed two Russia and CIS market figures to its new financing services group team. Temo Jorbenadze and Dmitry Perman will join the firm’s investment banking financing services group as head and director respectively. The financing
Ratinf agency Standard & Poor’s has awarded a "AA" rating to SEB’s True Market Neutral fund – the first Nordic fund of hedge funds to receive such a strong rating. "This is a stamp of approval for the fund, which
US, UK and Hong Kong financial services regulators have increased their expenditure over the last seven years by 59.4 per cent, an average of 8.075 per cent each year, since the end of fiscal year 2006/07, according to Kinetic Partners.
Allonhill, an independent third-party review firm specialising in mortgage due diligence and credit risk management, has appointed Jennifer LeSueur as managing director of due diligence. LeSueur, a 25-year mortgage industry veteran, is responsible for overseeing Allonhill’s private-sector due diligence operations.
