OpenInvest, a digital investment advisor for socially responsible investing, has raised USD10.4 million in a Series A funding round led by QED Investors, with additional participation from Andreessen Horowitz (who led OpenInvest’s previous venture round in 2017) SYSTEMIQ, Wireframe Ventures,
The Eurekahedge Hedge Fund Index was down 3.85 per cent in 2018, outperforming the MSCI AC World Index (Local) which declined 10.18 per cent over the year. Throughout the year, the global hedge fund industry saw performance-based losses and net
Amiral Gestion, an independent asset management firm which bases its investment philosophy on value investing, has joined the Group of Boutique Asset Managers, GBAM. GBAM is an international grouping of small and medium-sized specialist asset management firms who share the
The London Metal Exchange (LME) is to introduce a new policy allowing clients of LME members to connect directly to the exchange’s electronic trading platform, LMEselect, for market data. The change will be effective from 24 March 2014. In
Thornburg Investment Management (Thornburg), a global investment firm with USD41 billion in assets under management, has launched the Thornburg Long/Short Equity Fund, a UCITS fund domiciled in Dublin, Ireland. 

 The fund is based on an investment strategy launched in
The US Commodity Futures Trading Commission (CFTC) has charged Scott Bottolfson and Spirit Investments, both of Encinitas, California, and Increase Investments, Inc of Reno, Nevada, with fraudulently soliciting approximately USD14 million from 30 individuals to invest in two commodity pools
CryptoCompare, a global cryptocurrency market data aggregator, has entered into a strategic partnership with Thomson Reuters, a provider of news and information for professional markets. Under the agreement, CryptoCompare will integrate order book and trade data for 50 coins, sourced
NYSE Euronext has received approval in principle from the Financial Services Authority to launch NYSE Liffe Clearing, its central clearing counterparty for its London derivatives market
Dash Financial Technologies, a specialist in order routing transparency, visualisation and customisation solutions, has appointed Stino Milito as Co-COO. Reporting directly to CEO Peter Maragos, Milito (pictured), will be responsible for product strategy and leading Dash’s Institutional buy-side team, a
European law firm Fieldfisher has launched Cummings Fisher, a specialist law firm focusing on hedge funds, derivatives and the alternative investment management sectors. Cummings Fisher is led by its three principal partners: Managing Partner Claire Cummings, who founded Cummings Law
