Deutsche Bank and Omega Advisors are to launch a UCITS compliant DB Platinum Omega fund on Deutsche Bank’s UCITS platform in December 2011. The fund will be managed by hedge fund veteran Leon Cooperman (pictured), Chairman and CEO of Omega.
DWS Group and Tikehau Capital have agreed to enter into a strategic alliance, deepening their relationship following Tikehau’s participation in the initial public offering of DWS in March 2018. With the agreement, the two asset managers aim to identify and
BB&T Securities has selected CAIS to bolster its range of alternative investment offerings and can now offer access to hedge funds, private equity and debt, real estate and other non-traditional investment strategies to its financial advisers. “BB&T Securities’s adoption of
Mitsubishi UFJ Securities International is now clearing its interest rate swap business through LCH.Clearnet’s interest rate swap clearing service, SwapClear. With a total value of USD347trn, interest rate swaps continued to be the largest part of the OTC derivatives market
Investment Technology Group, an agency broker and financial technology firm, has announced the addition of Dynamic Implementation Shortfall to the ITG Algorithms suite of trading tools
MackeyRMS, a provider of highly automated and ultra-mobile research management software to the investment industry, has launched a raft of enhancements to its platform including new integrations, updated social capabilities and advanced analytics for its clients across the hedge fund
Centaur Fund Services, an alternative investment fund administrator, has hired Gavan McGuire as head of business development. McGuire will lead the business development drive from London. He will use his network and knowledge within the alternative investment arena to grow
Nikko Asset Management has reached an agreement with DBS Bank to acquire DBS Asset Management. In return, DBS Bank will become a strategic minority shareholder in Nikko AM, taking a 7.25 per cent stake in the Tokyo-based firm. This transaction
Maples Fiduciary, a provider of fiduciary, corporate formation and administration services to investment funds, partnerships, structured finance vehicles, corporate entities and private clients, has extended its Middle East offering to Abu Dhabi Global Market (ADGM). As a financial free zone,
The Securities and Exchange Commission has voted unanimously to propose joint rules with the Commodity Futures Trading Commission that would further define a series of terms related to the security-based swaps market. The terms include “swap dealer,” “security-based swap dealer,”
