Pacific Fund Systems has included an automated Form PF solution in the latest release of its PFS-PAXUS fund accounting and share registry software platform. The solution, which is fully integrated into PFS-PAXUS, provides for the automated generation of an xml
With effect from 1 October, bond trading on Xetra will be expanded to include over 2,000 international government and corporate bonds and 60 German government bonds. Trading participants will benefit from a transparent and liquid bond market and gain access
The US Commodity Futures Trading Commission has filed a civil enforcement action against Wisconsin resident Eric N Schmickle and his company, Q Wealth Management. The CFTC complaint charges Schmickle and Q Wealth Management with operating a commodity futures Ponzi scheme.
Assets of the Matrix Lazard Opportunities Fund have merged with the newly created Dublin-domiciled Lazard Opportunities Fund following the recent decision by Matrix Group to close its dedicated UCITS platform reported Investment Europe this week. It becomes part of Lazard
BTIG, a broker dealer specialising in institutional trading and related brokerage services, has expanded its emerging markets fixed income platform with the addition of Alfredo Chang and Patrick O’Sullivan. Both professionals bring more than 15 years of experience to the
Chilton Investment, a manager of hedge funds and managed accounts, has named Jim Steinthal general counsel and member of Chilton’s executive committee and board of directors, effective 1 January 2010. He will succeed Norm Champ, who is leaving the firm
Maples and Calder’s global managing partner, Henry Smith, has been appointed to the global Council of the Alternative Investment Management Association (AIMA) following a membership vote at the association’s AGM in London on 20 September. Smith (pictured) will be one of
Broadmark Asset Management has appointed Ricardo L. Cortez as president of global distribution. Working out of Broadmark’s New York office, Cortez will oversee the expansion of Broadmark’s investment products worldwide with respect to direct sales, as well as the creation
The Upper Tribunal (Tax and Chancery Chamber) has directed the Financial Services Authority to fine Stefan Chaligné, a Swiss-based hedge fund manager, GBP900,000 plus disgorgement of the financial benefit he obtained of EUR362,950 and Patrick Sejean, a former senior salesman
SS&C Technologies, a provider of financial services software and software-enabled services, has acquired full-service fund administrator Gravity Financial. The transaction, which adds 40 fund services customers and 10 staff, supports SS&C’s strategy of targeted growth and leadership in the alternative
