Singapore Exchange (SGX) is seeking public feedback on the proposed introduction of a new trading session for the securities market, the ‘trade at close’ (TAC), which will take place after the closing auction routine ends. During the five-minute-long TAC trading
Crypto investment platform CoinBundle has added Katherine Hensel (pictured), as a special adviser on the company’s advisory board. CoinBundle say Hensel’s considerable experience across finance, investing and entrepreneurship will be invaluable to the leadership team as it grows its business
Commonfund, an institutional investment firm serving non-profits, pension funds and other institutional investors, has appointed current managing director Kristofer S Kwait as head of hedge fund research. Kwait, a 12 year veteran of the firm, has had a significant influence
NYSE Euronext and Deutsche Börse AG confirm that they have submitted a remedy proposal to the European Commission’s Directorate-General for Competition (DG Competition). The proposed remedies are designed to address the remaining concerns of DG Competition in derivatives trading and
Carey Olsen has announced the appointment of two new partners in its Jersey office. Daniel O’Connor and Peter German (pictured) join the busy corporate, finance and investment funds group. O’Connor joined Carey Olsen in 2008 and specialises in investment funds,
Total Assets under Management (AUM) in Europe increased by 10 per cent in 2017 to EUR25.2 trillion, according to the 10th edition of the European Fund and Asset Management Association (EFAMA) Asset Management Report. In relation to GDP, the value
While hedge funds’ performance and alpha were ‘honourable’ until the summer, analysis by Lyxor suggests that they erased about 2.5 per cent of alpha since June, with no turn in sight yet in September. Lyxor writes: “L/S Equity funds were
The SS&C GlobeOp Forward Redemption Indicator for September 2018 measured 3.35 per cent, up from 2.73 per cent in August. “SS&C GlobeOp’s Forward Redemption Indicator was 3.35 per cent for September 2018, a strong result. On a year-over-year comparative basis, the
Victory Capital is to acquire Harvest Volatility Management (Harvest), a specialist in derivative asset management with approximately USD12 billion in assets under management (AUM) as of 31 July 2018. On the closing of the transaction Victory Capital will have approximately
On 19 September 2018, the UK Parliament’s Treasury Select Committee published a unanimously-agreed report on crypto-assets for its Digital Currencies inquiry which likened the current cryptocurrency situation to the ‘Wild West’, something Long Finance is looking to help ‘tame’ with
