Elaine Breen has been appointed by INDOS Financial, an independent fund depositary and oversight business, as Head of Legal & Compliance for its Irish operations. Breen was formerly the General Counsel at BlackBee Investments, an investment firm in Cork City, Ireland
The Depository Trust & Clearing Corporation’s (DTCC) Margin Transit Utility (MTU) community has grown to 50 firms representing thousands of Credit Support Annexes (CSAs), with users including leading dealer and buy-side organisations around the world.Given today’s volatile markets and the
Investcorp, a global provider and manager of alternative investment products, and Tages Group (Tages), a European alternative asset management firm, have created a 50/50 joint venture (JV) by merging Investcorp’s Absolute Return Investments business (Investcorp ARI) and Tages Capital, the
LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has appointed Cash Lafferty as Head of Business Development – West Coast.Based in California, Lafferty will oversee all sales activities in major West Coast markets including San Francisco and
In a recent white paper entitled Evolution in Asset Management, SEI pointed out that 70 per cent of US fund managers are currently looking to deploy advanced analytics in the front-office. The field of data science and machine learning-based data
TORA, a provider of a cloud-based order and execution management system (OEMS), has partnered with risk & compliance platform provider, Imagine Software to create a front-to-back end trading solution for hedge funds & asset managers.The affiliation between the two companies’
Asset managers and investment funds have largely remained “operationally resilient” during the coronavirus crisis, but depressed asset volumes along with closer scrutiny of leverage and short-selling remain key issues for the sector during the ongoing pandemic, according to a new
The Hedge Fund Association (HFA), an international nonprofit trade and nonpartisan lobbying organisation, has announced the results of its 2020 Global Board of Directors election. HFA members re-elected Camille Clemons, Jennifer Keeney and Emily Slocum, and elected Jill Calton, Lauri Goodwyn,
Leading financial risk management consultancy, JCRA, has appointed two senior FX advisory specialists, Chris Towner and Andrew Scott, who will be joining the business in June and July respectively. Towner (Director) and Scott (Associate Director) are moving from HiFX and
Ambienta, a sustainability-focused European asset manager, has launched its first absolute return fund, Ambienta X Alpha, which is believed to be the world’s first long/short fund entirely focused on environmental sustainability. Ambienta X Alpha will focus primarily on European and US
