The Securities and Exchange Commission has announced fraud charges against Sean Wygovsky, a trader at a major Canada-based asset management firm, in connection with a long-running and lucrative front-running scheme that he perpetrated in the accounts of his close family
Hedge funds had a mixed month in June, according to the latest Man FRM Early View. The largest contribution to performance came from a pick-up in FX volatility, which led to significant losses for several CTA managers, although some of
Broadridge Financial Solutions has integrated global RegTech provider FundApps’ regulatory compliance technology with its buy-side portfolio and order management solution. Broadridge’s clients will benefit from a unique regulatory compliance solution that addresses managers’ needs across shareholder disclosures, sensitive industry monitoring
Digital assets investment products saw positive inflows (USD63 million) for the first time in five weeks breaking a four-week run of outflows, according to the latest Digital Asset Fund Flows Weekly report from CoinShares. Inflows were seen across all individuals
Davis Polk has appointed Sheila Adams, Matthew Bacal, Ning Chiu, Ethan Goldman, David Hahn, Eric McLaughlin, Adam Shpeen, Travis Triano and Steve Wang as partners of the Firm, effective July 1, 2021. Shpeen joins the firm’s Restructuring practice in New
Metropolitan Partners Group (Metropolitan), a private credit fund manager based in New York that provides short-term, senior-secured, collateralised loans to small and mid-sized, non-sponsored businesses, has appointed Adam Goodfriend as a Managing Director in the firm’s investment team. This is
Equiti, a fintech firm and provider of online trading technology and multi-asset financial products, has chosen FlexTrade Systems’ MaxxTrader Foreign Exchange Platform Solution for its Prime of Prime Services Offering. Sell-side FX broker dealers are now more than ever looking
Global alternative investment management firm Capstone Investment Advisors (Capstone) has appointed Tom Leake to lead its Solutions Platform.
Global Digital Finance (GDF), the global cryptoassets and digital finance industry membership body which promotes best practices for cryptoassets and digital finance technologies, has appointed Carl Schonander as its Regulatory Affairs Director for the US and the Americas. Read the
A new survey of institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who currently have exposure to cryptocurrencies and digital assets, reveals that 82 per cent expect to increase their exposure between now and
