Pico, a provider of technology services for the global financial markets community, is to acquire Corvil, a specialist in real-time analytics and machine intelligence products for financial markets infrastructure performance and operations. “With Pico as a premiere technology service provider
UK-based hedge fund firm Man Group has reported a 35 per cent increase in funds under management during 2017, up USD12.8 billion to USD109.1 billion. The company says that net revenues increased by 33 per cent during the year reflecting
Energy commodity merchant Castleton Commodities International (CCI) has closed two credit facilities totalling USD2.775 billion. The facilities include a committed borrowing base facility and a committed unsecured revolving credit facility. The borrowing base facility is comprised of a USD750 million three-year
Ultimus Fund Solutions (Ultimus), an independent provider of fund administration, accounting and investor solutions to traditional and alternative fund managers, is to acquire LeverPoint Management (LeverPoint). LeverPoint, headquartered in Clifton Park, NY, is an independent provider of full-service fund administration,
Lyxor Asset Management has partnered with Academy Investment Management, a New York based asset management firm, to launch the Lyxor/Academy Quantitative Global UCITS Fund, a systematic market neutral strategy focused on global equity markets. The Fund utilises a proprietary statistical
Tradeweb Markets has introduced a series of new features aimed at optimising offshore investors’ access to the Chinese Interbank Bond Market (CIBM). The launch of dealer streaming prices and iDeal – a messaging tool developed by the China Foreign Exchange
Tokenise’s digital asset platform Daxnet has been granted a Self-Regulatory Organisation (SRO) license by the Financial Services Commission (FSC), Barbados. Daxnet, powered by Tokenise, will now launch a multi-jurisdictional platform with a single, unified global order book. Tokenise will enable
Reed Smith has appointed fund finance partner Bronwen Jones to the firm’s Financial Industry Group in London. Jones (pictured), joins from Macfarlanes, where she led the investment fund finance group and previously served as the firm’s head of finance. As
By Joe McGrath – Returns from the low end of investment grade debt are doing nothing to excite investors, so hedge funds are looking to higher yields … in China. Investors seeking a higher yielding income source are flocking to
Global credit specialist CIFC, which launched a European office in London last year, has completed the first phase of its UK research team recruitment with the appointment of its fourth analyst. Senior Analyst Rinse Terpstra has joined from Chenavari Investment
