100 Women in Hedge Funds (100WHF) has appointed new Global Association and London board members and created a new 100WHF Advisory Council. Mimi Drake, president of Permit Capital Advisors and global chair of the 100WHF association board, says: “We are
Eurex Exchange, the derivatives arm of Deutsche Börse Group, has launched what it believes to be the world’s most advanced trading system. Participants of Eurex Exchange will benefit from significantly improved performance, more choice and enhanced functionalities. “We believe this
Permal Investment Management Services has appointed Andrew Rozanov as managing director, head of sovereign advisory. Rozanov joined on 1 July and is responsible for developing Permal’s relationships with sovereign wealth funds, as well as further enhancing the group’s portfolio construction
The total trading volume on the European Energy Exchange (EEX) natural gas market amounted to 7,388,020 MWh in November. The spot market accounted for 3.474,450 MWh and the derivatives market for the other 3.913,570 MWh. The daily reference price on
The Depository Trust & Clearing Corporation plans to establish a subsidiary called DTCC Derivatives Repository, which will maintain global credit default swap data identical to that maintained in its New York based Trade Information Warehouse. The move is intended to
The Credit Suisse Liquid Alternative Beta Index was down 0.24 per cent in November, according to Jordan Drachman, head of alternative beta strategies at Credit Suisse. The merger arbitrage strategy was the most significant contributor to performance, finishing up 0.85
There are signs of optimism for funds of hedge funds as both investors and managers see the model as resilient and relevant to the long-term investing landscape, despite declining assets and recent negative headlines seeming to signal their decline, according
The Securities and Exchange Commission has voted unanimously to approve new rules to significantly curtail the influence of "pay to play" practices by investment advisers. Pay to play is the practice of making campaign contributions and related payments to elected
Orangefield Group, a provider of administration, management and trust services, has acquired hedge fund administrator Columbus Avenue Consulting. The division will officially operate under the Orangefield-Columbus brand. Orangefield-Columbus has over USD25bn in assets under administration. Clients will continue to work
The British Virgin Islands Financial Services Commission (FSC), the jurisdiction’s financial regulator, has published guidelines for a new type of investment management licensing regime targeting non-institutional investment managers of small and mid-sized investment funds. The Investment Business (Approved Managers) Regulations,
