Melanie June Miller of Mermaid Waters, Queensland, has been sentenced to six months imprisonment in the Southport Magistrates’ Court for her involvement in an international investment scam which raised almost AUD7m from Australian investors. Upon entering into a recognisance in
A new boutique brokerage firm licensed by the Financial Services Commission in the Cook Islands is providing a hub for algorithmic trading. 4xCube offers traders ultra-low spreads, Electronic Communication Network (ECN) trading, low latency, higher leverage, tailor-made partnership plans, and
The US Commodity Futures Trading Commission has obtained a federal court order against Texas resident George D.
Hermes Investment Management, the USD46.9 billion manager, has appointed Nachu Chockalingam as Senior Emerging Market Debt Portfolio Manager. Based in London, Chockalingam reports into Fraser Lundie, Co-Head of Credit. She will help manage the performance and risk of existing emerging
Offshore law firm Harneys has made two appointments that aim to strengthen the firm’s litigation and investment funds practices. Philipp Neumann (pictured) has joined the firm’s investment funds department in the British Virgin Islands while James Noble is now part
Kevin McConnell, fund manager of Bloxham’s Midas Global Absolute Return Ucits III Fund, has revealed strategies designed to fight liquidity difficulties in the market going forward into 2011. “Our portfolio can go up to 100 per cent in cash when
NWT, a Mauritius-based full service fund administration firm that forms part of the AXYS group of companies, has selected the Pacific Fund System’s PFS-PAXUS fund administration system for its third-party fund admin business operations. PFS-PAXUS offers a complete back-office fund
Hugh Dumas, the original marketing director for the alternatives business of Man Investments, has announced plans to move back into the hedge fund sector after recently leaving Franklin Te
Omniex, an institutional investment and trading platform for crypto-assets, has extended its integration with top industry custody providers to include Kingdom Trust, a pioneer of crypto custody and one of the longest running custody providers in the space. As part
Harmonic Capital Partners, a hedge fund manager trading long/short macro strategies, has appointed Alastair Smith as a partner. Smith joins Harmonic from Polar Capital where he was a sales director. He was previously head of sales at Aspect Capital and
