Muzinich & Co has launched a new European-focused total return credit strategy targeting enhanced returns and reduced downside risk against large drawdowns. The Muzinich European Credit Alpha Fund, a sub-fund of Muzinich’s Irish-domiciled UCITS range, will be managed by Thomas
By Matt Mulry (pictured), Dillon Eustace – In the shadow of an impending review by the Financial Acting Task Force the Cayman Islands has undertaken an overhaul of its laws, regulations and guidance notes which govern its anti-money laundering and
BNY Mellon is to launch a new prime brokerage service for its institutional clients in ‘early 2018’ aimed at allowing partcipants to trade, finance and margin their FX more efficiently. BNY Mellon says the new will provide clients with access to a
FlexTrade, a specialist in broker-neutral, execution and order management trading systems, has partnered with finance sector operating system OpenFin, to provide application interoperability and improve workflow management for buy-side traders using FlexTrade’s execution management system, FlexTRADER, and FlexTrade’s out-of-the-box cloud-based
Dentons has bolstered its UK Asset Management team with the addition of partner and investment funds specialist, Ted Craig, to its London Corporate practice. Craig joins from MJ Hudson where he was a partner and head of private funds. Craig
SmartStream Technologies, a financial Transaction Lifecycle Management (TLM) solutions provider, has announced a new client-driven, strategic focus, in line with the new FSA (now PRA) rules governing liquidity management for UK and foreign branches. In response to the new regulations,
Despite extreme levels of market volatility, increased trading volumes and disruptions to society due to Covid-19, alternative fund managers have persevered, and even exceeded, performance expectations from investors.Nonetheless, managers continue to face challenges in addressing important areas of focus, including
Nomura Asset Management has marked the tenth anniversary of the Nomura US High Yield Bond Fund, which has returned 201.3 per cent since launch, outperforming its benchmark, the BofAML US High Yield Constrained Index, by 11.8 per cent. Managed by
PEGAS, a pan-European gas trading platform operated by Powernext, achieved its best trading results in 2017 by reaching a new record with 1,953.9 TWh, improving its previous record (1,733.3 TWh in 2016) by almost 13 per cent. The top volume
The Foreign Exchange Professionals Association (FXPA) has appointed John Shay (pictured), as President of the organisation, a newly created role. Additionally, FXPA has hired Mercury Strategies, represented by Justin Slaughter, as its new legal counsel. “We are excited to welcome
