Kingswood Holdings (Kingswood), a listed UK-based wealth and investment manager, has appointed Richard Klein as Head of Alternatives and Distribution. Klein’s principal focus will be on providing existing and future clients with access to capital protected, yield-enhanced strategies managed by
Neuberger Berman is launching a UK-domiciled fund range, with the group’s first strategy a global long/short equity portfolio run by investor Steve Eisman and team. The new fund range provides UK investors with the broadest accessibility to Neuberger Berman’s innovative
Independent equities broker Redburn is to implement Synapse, a new sales insight product from Feedstock. Synapse captures every client email sent in and out of organisations and is designed to deliver enriched, automatically categorised CRM data using AI, whilst tracking
Mark Lancaster, a 20-year veteran in financial services, has joined Depository Trust & Clearing Corporation from Fortis Prime Fund Services as a vice-president for product management,
The UK’s Financial Services Authority is introducing new rules requiring disclosure of short positions above a certain threshold in companies undertaking rights issues, in order to reduce
The US Commodity Futures Trading Commission (CFTC) and the Bank of England, including the Prudential Regulation Authority (BoE) and the Financial Conduct Authority (FCA) hve issued a joint statement regarding derivatives trading and clearing activities between the United Kingdom (UK) and
The hedge fund industry redeemed USD5.1 billion (0.3% of assets) in April, reversing a USD2.8 billion inflow in March, according to a report release by BarclayHedge and TrimTabs. Based on data from 3,042 funds, the April TrimTabs/BarclayHedge Hedge Fund Flow
Five of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net-of-fees gains in May.
Hedge funds were up 0.4 per cent last week as measured by HFRX indices and are up 0.6 per cent so far in February, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. Lyxor writes: “CTAs, which
Essentia Analytics (Essentia), a provider of behavioural data analytics and consulting for professional investors, has hired Doug Dundas as chief marketing officer (CMO). Bringing more than 20 years of financial and marketing experience to Essentia, Dundas (pictured), is responsible for
