Kaizen Reporting has appointed David Nowell, the former head of regulatory compliance at London Stock Exchange’s UnaVista, as its Senior Regulatory Reporting Specialist. Nowell has a wealth of regulatory extensive experience including over ten years at the Financial Services Authority (FSA).
Managed futures strategies slipped deeper into the red over the past week, having already started to give back many of their early strong 2020 gains last month – but short-term trend followers appear to have weathered the recent reversal, according to
FXCM Group has launched its UKOilSpot and USOilSpot CFD products which will represent the current spot price of West Texas Intermediate and Brent Crude. Customers may leave positions open indefinitely and avoid potentially thin liquidity in the days leading up to
TIG Advisors, the New York-based alpha-focused manager which makes growth equity investments in alternative asset management firms, has bought a minority stake in Hong Kong-based credit and distressed situations specialist Arkkan Capital. TIG – which has around USD7 billion in assets,
The US Commodity Futures Trading Commission (CFTC) has made a whistleblower award of USD6 million to an individual whose reporting led the Commission to bring a successful enforcement action. This latest award brings the total amount awarded by the CFTC Whistleblower
Hedge fund managers have experienced “significant” performance dispersion over the past 12 months, with the biggest funds seeing the largest gaps between gains and losses, new industry data shows, once again underlining the importance of investor due diligence in separating
Athanase is to acquire 70 percdent of the shares in Catella Fondförvaltning (CFF) for cash consideration of SEK126-154 million, depending on CFF’s development up to the transaction date.The consideration corresponds to the consolidated enterprise value of CFF and the effect
An unprecedented number of delays when sending out orders to market is costing hedge fund managers USD20 million per year, according to new research from TradingScreen. A combination of operational inefficiencies and trade errors cause the majority of delays, while high
Alternative asset Manager Balbec Capital (Balbec) has held the final close of InSolve Global Credit Fund IV, with total commitments of approximately USD1.2 billion, exceeding the Fund’s USD1 billion target and making it Balbec’s largest fund to date. The fund received
Smonik Systems (Smonik), a data management and reconciliation software and services provider has partnered with STRAIT Fund Services (STRAIT), a fund solutions company providing a full range of services for hedge funds, private equity funds, family offices, and other asset
