Eurex Clearing’s EurexOTC Clear for Interest Rate Swaps (IRS) successfully went live on 13 November 2012. The launch was supported by Eurex Clearing’s cooperation banks Barclays, Citigroup Global Markets Ltd, Credit Suisse, Deutsche Bank and JP Morgan. In addition, Commerzbank,
Affiliated Managers Group (AMG) is to acquire an equity interest in Garda Capital Partners. After the closing of the transaction, the senior partners of Garda will continue to hold a majority of the equity of the business and direct the
Eze Castle Integration, a leading provider of IT and private cloud services to the hedge fund community, announced this week that it had expanded its Eze Private Cloud services to Hong Kong and Singapore. The cloud is used by more
The Asian hedge fund industry expanded to a record number of hedge funds in Q3 2012, as strong performance across emerging Asian strategies continued to attract the interest of both Asian and global investors, according to data released by HFR.
After the success of its initial Gaining the Edge-Hedge Fund Educational Webinars, Agecroft Partners has announced that it is to run the series monthly. “When we first launched the webinar series, we were very excited about the technology and enhanced
Schulte Roth & Zabel LLP has appointed Eric A.Bensky, Jennifer Dunn, Christopher S.Harrison and David J Karp as partners. The firm has also promoted James T Bentley, Michael G Cutini, Farzad F Damania, William I Friedman, Frank J LaSalle, James
Man Group has entered into a series of transactions with Hutchinson Investors, managed by the Baupost Group, to sell the residual exposure to the Lehman estates that it acquired in July 2011 from certain GLG managed funds. The total consideration
Global broker Mariana UFP has selected TORA ’s cloud-based order and execution management system (OEMS) for pairs trading in London, New York and Melbourne. Pairs trading involves simultaneous buying and selling of multiple securities when the relative prices hit certain
The automotive sector is revving up interest with fund managers such as Paris-based Charles-Henri Neme, whose EUR400million Exane Funds 1 – Ceres A fund is targeting automotive stocks to increase cyclical exposure and piggyback on emerging market growth trends reported
Accusource, a provider of middle- and back-office operational services, has teamed with Canoe Intelligence, in a bid to bring ‘efficiency, speed and increased accuracy’ to the investment management industry. Institutional investors and family offices manage complex portfolios that often include
