The Alternative Investment Fund Management Directive (AIFMD) rules affect fund remuneration practices, marketing guidelines, documentation and reporting, and the requirement for alternative investment fund managers to appoint a depositary. Citi’s Depositary Services is ready to assist fund managers in
Transaction Network Services (TNS), a provider of data communications and interoperability solutions, has expanded its managed hosting and market data services to provide clients with low-latency connectivity to key financial markets. These enhanced capabilities are made possible through the expansion
Quam Securities, the brokerage arm of Hong Kong-based financial services group Quam Limited, has registered with the Hong Kong telecommunications hub of Chicago Mercantile Exchange enabling it to access the CME Globex trading platform. Launched in October 2012, CME
A prominent Miami investor and philanthropist has filed a lawsuit against the adviser and the administrator of one of the world’s largest hedge funds, claiming that they ‘recklessly’ bought a large position in a Chinese timber company that has been
Pacific Fund systems (PFS), a privately-owned technology company, is now offering a ‘one-stop-shop’ software solution for the automation of the complete range of back office fund administration services, focusing on an alternatives market which accounts for approximately USD7 trillion in
Itiviti, a technology and service provider to financial institutions worldwide, has launched a unified products and solutions portfolio following its merger with Ullink. Based on a modular, open architecture, Itiviti’s solution facilitates tailored, customised deployments, including integration with third parties.
Markit, a provider of independent data, portfolio valuations and over-the-counter derivatives trade processing, has completed the acquisition of SwapsWire, the electronic trade confirmatio
QuantHouse, an independent global provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure solutions, has launched real-time pricing feeds from The International Property Securities Exchange (IPSX) for all QuantHouse members looking to trade real
Aubrey Capital Management has appointed Andrew Ward as its Chief Operating Officer (COO) and Chief Compliance Officer (CCO). Ward worked at First State Investments for over six years, initially as part of the EMEA Distribution team before being promoted to
Hedge funds returned an average of +1.27 per cent in February, according to the just-released eVestment February 2019 hedge fund return data, building on a strong January to bring year-to-date (YTD) performance to +4.55 per cent. The contrast to 2018’s
