Global currency overlay and currency alpha manager Millennium Global has appointed Hai Xin as managing director responsible for business development in Asia (ex-Japan) and Australasia. Previously Xin held a similar position at Overlay Asset Management for seven years (2005-2012) where
European equities investment specialist SAM Capital Partners has appointed Andrew Kennedy as its chief operating officer. Kennedy (pictured) assumes responsibility for the firm’s day-to-day business management and expansion of the firm’s investor base. He joins from Dresdner Kleinwort in London,
The US Commodity Futures Trading Commission has filed a notice of intent to revoke the registrations of Linda Faye Harris, CDH Forex Investments and CDH Global Holdings, all of Flower Mound, Texas. CDH Forex is a registered commodity pool operator
AlphaMetrix Group, LLC, a provider of consolidated platform and administration services for hedge funds and investors, has appointed that Mark Faulkenberg as Director of Global Operations at hedge fund administrator AlphaMterix360. In this role, Faulkenberg will oversee day to day
State Street Global Markets has joined CME Group for clearing of over-the-counter interest rate swaps, effective 24 August 2012. The Dodd-Frank Act in the US and similar measures in Europe mandate centralised trading and clearing to increase transparency and help
Northern Trust’s hedge fund administration business will provide local market expertise and solutions to hedge fund clients as they participate in the Shanghai Qualified Domestic Limited Partner (QDLP) programme. This specialist fund administration capability will be offered from Northern Trust’s
International law firm Maples and Calder this week announced the opening of a new office in Singapore.
Nearly three-quarters (72 per cent) of fund managers view the Alternative Investment Fund Managers Directive as a business threat, according to a survey carried out by Deloitte. The biggest concerns for fund managers are depositary costs (84 per cent), delegation
The Hedge Fund Association (HFA) has asked the Securities and Exchange Commission in a comment letter to specifically tell private fund managers what they will need to do to safely verify whether investors are accredited, should they want to advertise
Algomi, a provider of information-matching solutions for the optimisation of fixed income liquidity, has named Hugh Willis as a strategic advisor. Willis (pictured), who is also an investor in the firm, is the co-founder of BlueBay Asset Management, a specialist
