Almost three quarters (71 per cent) of asset managers believe that using alternative data gives them an investing edge over competitors, according to a new study by Greenwich Associates commissioned by business information provider IHS Markit. Some 74 per cent of
The Royal Bank of Scotland (RBS) is to pay a USD85 million civil monetary penalty to settle CFTC charges that over a five-year period from January 2007 through March 2012, through the acts of multiple traders, RBS attempted to manipulate
Imation Corp has launched an investment adviser subsidiary, GlassBridge Asset Management. In conjunction with the launch, Imation has concluded the transition of its principal business activities to become a publicly-traded alternative asset manager. Imation intends to rebrand as GlassBridge
Acuity Trading is expanding its team with the appointment of Vladislav Novopoltsev as a Product Manager and Gustavo Avalos as a Data Scientist. As a Product Manager Novopoltsev will be based in Acuity’s Spanish office in Barcelona where he will utilise
Alternative asset manager FS Investments has appointed Chris Condelles as head of capital markets and investor relations (IR). Condelles will serve as an executive vice president based in the firm’s Philadelphia headquarters. In his new role, Condelles will help
The Alternative Investment Management Association (AIMA) has published a guide for investment managers to help them understand and implement the requirements of the European Union’s updated Markets in Financial Instruments Directive (MiFID2). The guide to the directive, which comes into
Innovation means many things to many people but with respect to financial services, Northern Trust is quite clear that innovation should create real value for the client or shareholder. In other words, there is no point innovating for innovation’s sake.
Quantitative and systematic-focused investment manager Systematica Investments has extended its portfolio offering to a broader investor base through the launch of a new UCITS fund based on the Systematica Alternative Risk Premia (SARP) strategy. Since its launch on 1 March
After global stock markets suffered their steepest sell-off since June, Hedgeweek rounds up a range of perspectives from across the hedge fund spectrum, gauging the broader impact of this week’s unexpected reversal and the potential for renewed market volatility up
CME Group has reported revenue of USD913 million and operating income of USD540 million for the fourth quarter of 2016. Net income was USD373 million and diluted earnings per share were USD1.10. On an adjusted basis, net income was
