Vaultbank has launched the beta version of the Vaultbank Exchange, the first decentralised exchange to allow trading of security tokens. Along with security tokens, Vaultbank supports trading of utility tokens and traditional investment securities like mutual funds. The Vaultbank Exchange
Fiera Capital Corporation is to acquire Clearwater Capital Partners (Clearwater), an Asia-focused credit and special situations investment firm. Headquartered in Hong Kong, Clearwater is a privately held employee-owned asset manager with USD1.4 billion in assets under management. Clearwater’s assets will
A survey of 50 global service providers and hedge funds, conducted by fintech automation platform Truss Edge, found that nearly a third of respondents (62.5 per cent) said they felt hedge fund managers were not dedicated enough of their budget
The European Energy Exchange (EEX) achieved a total volume of 274.3 TWh on its power derivatives markets in February, is a year-on-year increase of 37 per cent (February 2017: 200.8 TWh). In doing so, EEX was able to grow its
KKR & Co has appointed Xavier Niel to the Board of Directors of KKR Management, the managing partner of KKR. Neil’s appointment brings the number of independent directors on KKR’s Board to seven out of a total of eleven Board seats.
Intertrust, a provider of high-value trust, corporate and fund services, has appointed James Ferguson, former US Bank and JP Morgan Executive Director, as Head of Americas and a member of the firm’s Executive Committee. Ferguson will be responsible for Intertrust’s
Hedge funds were unable to build on the previous month’s inflows in June with the industry moving back into net redemption territory with USD12.2 billion in outflows for the month. June redemptions, which represented 0.4 per cent of industry assets,
EisnerAmper, a provider of accounting, tax and consulting services to global financial firms, is opening an office in London, under the leadership of Robert Mirsky who joins the firm as Head of the London office and Head of the Asset
XTX Markets, a quantitative-driven electronic market maker partnering with counterparties, exchanges and e-trading venues globally, is now trading on SIX Swiss Exchange. XTX Markets is the second new participant joining the exchange in 2018 after Gair Loch. Gregor Braun
Investors withdrew another USD8.42 billion from the global hedge fund industry in July, according to the July 2019 eVestment Hedge Fund Asset Flows Report. But strong performance in the industry continues to boost overall industry assets under management (AUM), which
