Nomura Asset Management has migrated its Japanese equity business onto the Charles River Investment Management Solution (Charles River IMS), and is expanding its use across the firm's domestic and international fixed income, foreign exchange and derivatives operations. A client since
Broadridge Financial Solutions is to acquire Bonaire Software Solutions, a provider of fee calculation, billing and revenue and expense management solutions for asset managers including institutional asset managers, wealth managers, mutual funds, bank trusts, hedge funds and capital markets firms.
Paladyne Systems, a Broadridge company has appointed William Kelly as global head of sales. His appointment is a strategic move to leverage the size, scale, and synergies that Broadridge brings to Paladyne through its recent acquisition. "Paladyne is working to
Stanley Ku, the former Hong Kong head of Fortress Investment Group is getti
The World Gold Council, the market development organisation for the gold industry, has appointed Kevin Feldman as managing director – investment worldwide. He will be responsible for growing the organisation’s portfolio of commercial partnerships, and enhancing its market leadership
Irving H Picard, the Trustee for the liquidation of Bernard L Madoff Investment Securities LLC (BLMIS), has filed an amended complaint in the United States District Court for the Southern District of New York against JPMorgan Chase & Co., JPMorgan
The US Commodity Futures Trading Commission (CFTC) has filed an enforcement action against MF Global Inc (MF Global), a registered futures commission merchant (FCM), MF Global Holdings Ltd (Holdings), former Chief Executive Officer of MF Global and Holdings Jon S
Alternative investment company Aquila Capital’s AC Risk Parity 12 Fund has achieved four years of consistently positive year-on-year returns. The fund has delivered 51.2 per cent since its launch, with annualised returns over the period of 10.9 per cent (AC
Baronsmead Partners LLP (Baronsmead), a specialist fund insurance broker and risk consultant, has launched the UCITS Fund Directors’ and Officers’ Liability Insurance Cover, the first policy of its kind that is specifically targeted at the exposures of the UCITS fund
Order book turnover on Xetra and on the trading floor of the Frankfurt Stock Exchange stood at EUR136.5 billion in May – a decrease by 16 per cent year-on-year (May 2010: EUR163,5 billion). Of the EUR136.5 billion, EUR130.8 billion
