Convergex’s Prime Brokerage business added new clients with a collective total of over USD1 billion in assets during 2016 and continues to see a steady increase in its international client base. The company says that enhancements to its Prime Services
Beachhead Capital Management, an investment advisory firm that specialises in liquid alternative investments, has appointed Dr Pankaj Ghemawat to oversee the firm’s Research Advisory Board, which focuses on structural changes within the asset management industry. Ghemawat (pictured), currently serves as
By Ras Sipko (pictured), Koger USA – For the past four years, alternative fund managers with US investors have been coming to terms with the far-reaching effects of the Foreign Account Tax Compliance Act or FATCA. Some 60-plus countries have signed up
The investment team of Agilis Investment Management, a specialist multi-strategy investment manager, is to join RWC Partners. The move will see Agilis founder Clark Fenton, along with colleagues Charles Crowson and Praveen Kanakamedala, joining RWC to form the RWC Diversified
TriOptima has extended its collaboration with AcadiaSoft to automate monthly collateral interest payments, making trade processing more efficient for over-the-counter (OTC) market participants. Read the full story at Institutional Asset Manager…
PEGAS, the pan-European gas trading platform operated by Powernext, has introduced time spread products on its PEGAS Futures hubs. The hubs are CEGH VTP, GASPOOL, NBP, NCG, PEG Nord, PSV, TTF and ZEE. The new contracts are available via
The US Foreign Account Tax Compliance Act reporting cycle has been running now for two years. As such there is a good level of visibility in terms of how this tax reporting exercise needs to be done and most financial
Valphi has teamed with DataArt to produce a financial analysis tool which is designed to improve decisions taken by financial institutions through the provision of in-depth investment information coupled with visualisations. The tool provides data taken from multiple financial indicators,
Quant CTA strategies posted the strongest gains in October according to hedge fund data from HFRI. All hedge funds posted strong gains in October, the firm says, and equity and fixed income strategies boosted returns to provide HFRI with its
The Cayman Government is currently proposing legislative changes which would give CIMA additional powers to impose administrative fines on licensed and regulated individuals and entities. The Monetary Authority (Amendment) Bill 2016 seeks to amend the Monetary Authority Law and if
