The Securities and Exchange Commission (SEC) is delaying the implementation of rules requiring large mutual funds to submit monthly details of their portfolio holdings to the Commission while it improves the security of its EDGAR filing system which was hacked
A victory for Democratic candidate Joe Biden in the approaching US presidential election would see a “limited short-term negative reaction”, and could herald more fiscal stimulus coupled with a dovish monetary policy, according to Algebris Investments’ head of macro strategies
Hedge funds reversed a brief two-month redemption trend in May with USD800 million in industry inflows, a turnaround from April’s USD9.4 billion in redemptions, according to Barclay Fund Flow Indicator published by BarclayHedge. While the fund flow needle turned upward
BT has agreed a seven-year contract with TP ICAP, a provider of market infrastructure. The new contract will provide its 700-strong broker team in London with a secure, software-based platform and applications featuring remote working capabilities. The new service will
Hedge funds extended 2017 gains through November, driven by ongoing US economic growth and significant merger and acquisition (M&A) activity, according to data released by HFR. The HFRI Fund Weighted Composite Index® gained +0.5 per cent in November, led by
BMLL Technologies, a provider of data and analytics services to banks and brokers, to asset managers, global exchange groups, hedge funds and quants, has added two Sales Directors to its team.Read the full story at Institutional Asset Manager…
Oxial has launched GDPR Express; a GDPR compliance solution aimed at mid-sized financial services firms. This new solution brings a digitised compliance approach to remove the GDPR burden and offer continuous compliance and high level data security. With the deadline
IntegriDATA, a FinTech software vendor, has launched Wire Chains, a revolutionary new feature that expedites dependent wire processing for its CashWire Payment System (CashWire). Wire Chains allows investment managers to quickly create a series of dependent wires that automatically execute in
Managed futures funds posted a second straight losing month in October, down 0.30 per cent for the month, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year-to-date, CTAs were up 1.53 per
LFIS (La Française Investment Solutions), a Paris-based quantitative asset manager with USD14 billion AUM, has appointed Jean-Michel Lévy-Bruhl as a Senior Portfolio Manager in its Factor Investing team. Lévy-Bruhl joins from Delebor AM, which he co-founded and where he worked
