GTT Communications has acquired Custom Connect, an Amsterdam-headquartered provider of high-speed network connectivity serving multinational enterprises and financial trading firms. “The acquisition of Custom Connect extends GTT’s network and strengthens our service offerings in high growth financial markets,” says Rick
Gemini experienced record-breaking growth in 2017, with an 80 per cent increase in the number of registered fund launches executed during the year. When surveyed, clients cited the key drivers in selecting Gemini for their new funds, including: • Gemini’s
Hedge funds gained in December to end 2017 with positive returns in every month, the first perfect calendar year of positive performance since 2003. The HFRI Fund Weighted Composite Index climbed 0.9 per cent in December, topping the monthly performance
The LuxHedge Global Alternative UCITS Index posted a gain of +0.95 per cent in June, bringing year-to-date results for the average fund up to +2.71 per cent. Four out of five funds have posted positive results so far this year.
Hang Seng Indexes Company Limited (Hang Seng Indexes) has launched the Hang Seng SCHK New Economy Index, which aims to reflect the performance of companies available for southbound trading under the Stock Connect scheme that operate in ‘New Economy’ industries.
AllianceBernstein has launched the AB Alternative Risk Premia Portfolio offering institutional investors a way of accessing alternative sources of return in a systematic and cost effective manner. The strategy is designed to provide a low correlation from traditional asset classes
Copper Street Capital, a UK-based event-driven hedge fund manager, has selected Linedata’s comprehensive portfolio management and compliance solution, Linedata Global Hedge. Copper Street says it chose Linedata after a rigorous review and will benefit from enhanced oversight, scalability and workflow
Stater Blockchain Limited, the owner of FCA regulated Prime of Prime brokerage Stater Global Markets, is to acquire Hashcove Limited, a UK-based blockchain focused tech company co-founded by Kunal Nandwani. Hashcove has deep domain expertise in Smart Contracts and KYC and has customised
Willis Towers Watson’s Asset Management Exchange (AMX) has more than quadrupled its assets under management, to USD3.2 billion, less than a year after launch, following the onboarding of GSA Capital Partners (GSA) and Systematica Investments (Systematica). AMX, the open architecture
Law firm Bressler, Amery & Ross has promoted hedge fund lawyer David I Hantman to partner. Hantman joined the firm in September 2007 and was promoted to Counsel in January 2017. His primary area of practice is securities litigation and
