Lodbrok Capital, an investment manager focused on the European credit market, has appointed Adam Sorab as Partner. This follows a period of organic growth and the successful launch of the Lodbrok European Credit Opportunities Fund in May 2017. Sorab (pictured),
Independent depositary and fund oversight provider INDOS Financial has highlighted a series of omissions in the EU’s Alternative Investment Fund Managers Directive with the hope these will quickly be addressed by ESMA (The European Securities and Markets Authority). In August
Alternative Investments Forum (AIF) has appointed veteran institutional investor Melissa Waller as president of its newly formed AIF Institute. The AIF Institute is the branch of AIF dedicated to educating institutional asset owners about the use of alternative investments such
QuantHouse’s QuantFEED and QuantLINK are now available via Virtu Financial’s disclosed Systematic Internaliser (SI) platform enabling clients to access Virtu’s liquidity under MiFID II’s transparent SI regime. Virtu Financial is one of the largest electronic market makers, providing liquidity to
Ultimus Fund Solutions has surpassed USD50 billion in client assets serviced. During 2016, Ultimus helped 11 advisers launch 15 new mutual funds. It also managed the conversion of 12 clients with 36 mutual funds and over 50 separately managed
Bloomberg BNA has released a new tax management portfolio that focuses on tax considerations for structuring estate planning transactions with carried interests in hedge funds and private equity funds. The portfolio, Wealth Planning with Hedge Fund and Private Equity Fund
NetCurrency.com, a fintech startup company based in Hong Kong, has released a beta version of Neco, a digital currency for global forex trading and asset management, a USD5 trillion daily market. Net Currency (Neco, or NTC) is a geo-political neutral digital
The Depository Trust & Clearing Corporation (DTCC) has selected IBM, in partnership with Axoni and R3, to provide a distributed ledger technology (DLT) framework to drive further improvements in derivatives post-trade lifecycle events. The firms will work to re-platform DTCC’s
Well over half (58 per cent) of North American buy-side firms have confirmed that they will need to comply with MiFID II, and yet only 23 per cent feel extremely confident that they have a plan in place, while 77
Alpha-I, which researches and develops quantitative investment strategies, has launched via the Lawson Conner platform. Alpha-I is currently growing its technical team and validating its trading strategies. The global hedge fund industry holds more than USD3 trillion in assets. Roughly
