Pyxis Capital, a registered investment adviser serving financial advisers, institutions and individual investors, has appointed Stephen Dedyo as managing director, head of national accounts for the Pyxis distribution team. He will report to Brad Ross, president of Pyxis Capital. Dedyo
The Swiss Funds Association says the solution reached by the Swiss parliament over the partial revision of the Federal Act on Collective Investment Schemes (CISA) is a balanced compromise between investor protection, market access and competitiveness. Acting as second chamber,
BTIG Australia, a broker dealer specialising in institutional trading and related brokerage services, has expanded its Australian presence with four senior hires. BTIG has brought on Darin Lester, David McConnell, Dustin Westblade and Trevor Harrison to further build out its
European Commodity Clearing (ECC) has held the first meeting of its newly established risk committee. The establishment of the committee represents a significant step towards putting clearing houses in the framework of the current clearing and financial market regulation (EMIR
The post-2008 influx of institutional money into hedge funds has resulted in a marked increase in the global industry’s operational sophistication and transparency to investors, according to a new report by KPMG and the Alternative Investment Management Association (AIMA), the
Linedata has launched Linedata Global Hedge, a platform supporting the full investment lifecycle for hedge funds and alternative investment managers. Linedata Global Hedge covers trading and order management, through portfolio, risk and compliance management and middle office to investor accounting
The Newedge Commodity Trading Index finished August up 0.92 per cent, completing a recent run of three consecutive positive months. Over the same period, the CTA and CTA Trend-Sub Indices finished down 1.68 per cent and 1.87 per cent respectively.
Man Group is to acquire London-based hedge fund research and investment specialist Financial Risk Management (FRM) in a deal worth up to USD82.8million. Once the acquisition is completed, which is expected to be before the end of Q3 2012, FRM
Franklin Resources, which operates as Franklin Templeton Investments, has agreed to acquire a majority stake in K2 Advisors, an independent fund of hedge funds manager. The acquisition will enhance Franklin Templeton’s alternative investments and multi-asset solutions platforms. The proceeds of
Bloomberg has announced access to its US equity pool as part of a new service called Bloomberg Pool, or BPool. Developed in conjunction with BIDS Trading, BPool enables traders to interact with liquidity present on Bloomberg’s equities trading platforms and
