The Financial Services Authority has announced that its investigation into trading in the stock of mortgage bank HBOS following a sharp fall in its share price has failed to uncover eviden
London-based Vertex Capital Management has migrated its Vertex Evolution Ucits fund to Point Nine’s Circle.2 cloud-based middle and back office s
In its fourth annual analysis of global financial regulations, KPMG says investment managers continue to face daunting challenges brought on by a changing global regulatory environment, which is fraught with unanswered questions and an array of differing rules in each
Advent Software’s Board of Directors has appointed Advent’s President Peter Hess (pictured) to the position of Chief Executive Officer (CEO) and President, effective 30 June, 2012. He will succeed Stephanie DiMarco, Advent’s founder and CEO, who is stepping down as
A special committee composed of representatives from the futures industry’s self-regulatory organisations (SRO) has proposed additional requirements to SRO rules and regulatory practices designed to strengthen safeguards for customer segregated and secured funds held at the firm. The special committee,
The trustee of the GBP145m Midcounties Co-operative Pension Scheme has chosen Towers Watson to manage its investment portfolio on a fiduciary management basis, following a competitive tender. Towers Watson’s delegated investment service provides an integrated approach to managing assets
This quarter investors appear very reluctant to make strong bets and are planning to reduce their exposures to directional strategies with most equity long-short strategies seeing a significant drop off in demand for this quarter, according to ML Capital Management’s
eFront, an alternative investment software solutions provider backed by private equity firm Francisco Partners, has acquired DMLT, a provider of investor reporting and portal services for the alternative asset community. “I am pleased to bring together two world-class organisations to
The latest quarterly research on the Ucits hedge funds industry published by Alix Capital reveals a 7.5 per cent increase in the total assets managed by Ucits hedge funds to EUR129bn, an increase of 18.3 per cent over the last
Assets under management of Asia Pacific exchange-traded products decreased by USD2.9bn and ended at USD111.3bn last week, according to Deutsche Bank. Assets under management of Asia Pacific exchange-traded products decreased by USD2.9bn and ended at USD111.3bn last week, according to
