Asset manager Letterone Treasury has selected Enfusion’s Integráta investment management platform. Letterone manages USD25 billion AUM, with over USD7 billion in a treasury portfolio primarily comprising fixed income, credit derivatives and private debt. Letterone transitioned from a large incumbent legacy
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.23 per cent in October. “SS&C GlobeOp’s Capital Movement Index for October 2018 of -1.23 per cent reflects net outflows that are consistent with normal seasonality. In fact, the
Hedge fund industry trade body the Alternative Investment Management Association has renewed its attack on the European Union’s proposed Alternative Investment Fund Managers Directive foll
The US Commodity Futures Trading Commission has filed an enforcement action in the US District Court for the District of Utah, charging MXBK Group, a private Mexican financial services holding company, and its foreign currency trading division, MBFX, with issuing
The US Commodity Futures Trading Commission has obtained more than USD26m in restitution and civil monetary penalties against defendants Kenneth W. Lee, Simon Yang, Prestige Ventures and Federated Management Group, and relief defendants Sheila Lee, Darren Lee and David Lee.
Trium Capital, a London-based alternative investment specialist, has hired former Eclectica Asset Management portfolio manager, Thomas Roderick. Roderick has joined Trium to manage an emerging markets-focussed discretionary macro portfolio. Working alongside Eclectica founder Hugh Hendry for five years, Roderick
Dechert has announced that Christopher P. Harvey has joined the firm as a partner in the financial services group.
Man Group has reported funds under management (FUM) of USD114.1 billion at 30 September 2018, a slight increase on the USD113.7 billion under management at 30 June 2018. Net inflows in the quarter totalled USD0.4 billion, notwithstanding the previously announced
The International Securities Exchange has released an updated schedule for the launch of its new options trading system, based on Deutsche Börse Group’s Optimise trading architecture. The roll-out of Optimise at ISE will begin in April 2011 and continue into
The Growth Stage has launched what it says is the world’s first funding platform for private growth companies to raise investment capital from regulated institutional investors. The company has signed up investors with over USD4 trillion of assets under management,
