Wells Fargo Global Fund Services, the unit of Wells Fargo that provides fund administration and operations services to hedge funds and other alternative investment funds, has launched its new client technology solution, RealSTP. This initial release of RealSTP will offer
Continental Europe’s pension funds and other institutional investors face a real dilemma, according to new report from Greenwich Associates. And the big question is:
The US Commodity Futures Trading Commission has obtained an emergency federal court order freezing the assets of defendants Rodney W. Whitney, Nicholas T. Cox and Integra Capital Management of North Carolina. The order, entered on 29 September by Judge Thomas
The founding partners of Orical have launched Reliance Hub, which assists private fund managers and other companies in maintaining compliance and operational programmes that represent industry best practices. Romulad Beneche, formerly of Citigroup Fund Services, has been hired as a
Specialist investment firm King & Shaxson has launched a UK equity hedge fund, the King & Shaxson Premier Fund. Industry veteran Alan Brunsden will manage the new
The Securities and Exchange Commission has filed a civil injunctive action against Samuel Israel III and Daniel E.Marino, managers of the Bayou Funds. The SEC’s com
FTSE Group has launched the FTSE Implied Volatility Index Series (IVI), an end-of-day index series that measures the implied volatility of the FTSE 100 and FTSE MIB indices. The new indices provide an estimate of the market’s volatility expectations on
Citi’s global transaction services business has launched its direct custody and clearing services to clients investing in Bahrain through the Bahrain Stock Exchange. With the opening of the Bahrain direct custody and clearing branch, Citi’s network will now comprise 58
Philippe Foulquier has joined the Edhec Group as an associate professor. Foulquier, who has a doctoral degree in economic science and is a graduate of the SFAF (th
The Cayman Islands Monetary Authority (CIMA) has given the stamp of approval to Cayman’s newest independent director services provider, Fund Fiduciary Partners. Launched by hedge fund industry specialists Michael Pearson and Chris Rowland, Fund Fiduciary Partners is aiming to address
