Verrazzano Capital, the European equity specialist investment boutique founded by Guillaume Rambourg, has launched the Verrazzano Advantage European Fund. The fund, a UCITS-compliant Luxembourg SICAV structure, aims to achieve long-term capital growth by investing at least 80 per cent of
MDX Technology (MDX), a provider of real-time data collaboration and distribution solutions for the trading community, has appointed Darren Bishop to help drive global business development activities and create innovative new product offerings. Reporting to MDX CEO Paul Watmough, Bishop
The Post-Trade Distributed Ledger (PTDL) Group, which brings together major post-trade industry participants and regulators to share information and ideas about how distributed ledger technology can transform the post-trade landscape, is to merge with the Global Blockchain Business Council (GBBC),
New York-listed hedge fund manager GLG partners says it had already taken steps to shift the prime brokerage exposure of its funds away from Lehman Brothers before the US investment bank f
Boutique fund manager JK Investment Management has appointed new third-party fund marketing firm Daymer Bay Capital to exclusively market its flagship fund, the JK Global Opportunities Fund, across Europe. JK Investment Management, which was founded in 2003 and has over
International derivatives exchange Eurex has signed an agreement with Investment Property Databank to license its European property indices to serve as underlying data sets for futures on
BMO Financial Group has completed its acquisition of KGS-Alpha Capital Markets (KGS), a New York-based fixed income broker-dealer specialising in US mortgage-backed (MBS) and asset-backed securities (ABS) in the institutional investor market. BMO announced the acquisition on 1May 1 2018.
The total value of funds business in Guernsey is at a five-year high following a predicted rise in net asset value in Q2 2018, according to the latest figures from the Guernsey Financial Services Commission. The figures for the end
Cowen has appointed Bobby Croswell as a Managing Director and Head of Business Development in its outsourced trading group. Croswell (pictured), who will initially be located in Cowen’s Boston office, is tasked with expanding the outsourced trading business in
At a time when alternative funds are being blamed in some quarters for exacerbating the financial industry crisis, if not necessarily actually provoking it, and politicians throughout the world are
