Artemis Investment Management has promoted Nick Shenton and Andy Marsh, co-managers alongside Adrian Frost of the GBP5.5 billion Artemis Income Fund and of a further GBP3.6 billion in other UK equity income mandates, to partner with immediate effect. Shenton has
Three periods of volatility in 2018, the last of which (in December) caused the biggest drop in US equities since the 1930s, were welcome news for convertible arbitrage fund managers. Simply put, the rise in volatility acts as a positive
Hoare Capital Markets, the independent agency broker and financial training provider, has hired two people with experience and contacts in both European and emerging markets. Gianluca Lesina will join the fixed income team and has 13 years of experience in
JP Morgan’s active tri-party repo clients have successfully completed the transition to three-way trade confirmation as mandated by the Tri-Party Repo Market Infrastructure Reform Task Force. By value, 99% of all tri-party repos booked daily through JP Morgan are now
The Luxembourg government has approved the draft bill implementing Ucits IV into national law. The final adoption of the draft bill by parliament is expected to take place before the end of this year. Claude Kremer, chairman of the Association
Switzerland’s RMF Investment Management, a subsidiary of giant UK-based hedge fund manager Man Investments, has unveiled a seed-funding approach that aims to ensure guaranteed access to ne
A federal court in New York has entered a consent order of permanent injunction and equitable relief against Paul Greenwood of North Salem, New York. The US Commodity Futures Trading Commission charged Greenwood with operating a USD1.3bn investment scam in
Cantor Fitzgerald Europe has added to its credit fixed income sales and trading team with the appointment of Sara Simmons and Per Mortensen as managing directors based in London. Simmons will focus on sales for investment grade, emerging markets, high
Charlie Chan, the founder of Singapore-based Charlie Chan Capital Partners Pte, has had a great start to the year.
Despite getting off to a rocky start, the Dublin-domiciled Merrion European Absolute Return Ucits III Fund appears to hav
