MDX Technology, a provider of real time data distribution solutions to the trading community, has appointed Simon Luhr (pictured), CEO and co-founder of FinEx Capital, as a Non-Executive Board Director. At the same time Clare Walsh, founder of Metia and
PEGAS, the pan-European gas trading platform operated by Powernext, has launched the European Gas Spot Market Index (EGSI), which will cover all liquid gas spot markets operated by PEGAS. Along with the launch of EGSI, PEGAS will also harmonise the
Nasdaq is to acquire eVestment, an industry leading content and analytics provider used by asset managers, investment consultants and asset owners to help facilitate institutional investment decisions. The acquisition is expected to deliver attractive shareholder returns with a combination of
Hedge funds gained 0.40 per cent in September, according to Lyxor, with underlying markets, as represented by the MSCI AC World Index (Local), up 2.17 per cent over the same period. On a year-to-date basis, managers gained 5.50 per cent
Experienced investment fund lawyer James Bermingham has joined Ogier’s Luxembourg team as counsel. Bermingham (pictured), who has experience in City and offshore law firms and as a General Counsel of a global asset manager and private equity administration group, is
Hedge funds reversed course in June from the pandemic-driven redemption trend of prior months, posting USD15.1 billion in inflows. It was a significant turnaround from USD8.0 billion in outflows in May, USD38.1 billion in April and USD85.6 billion in redemptions
Global Jet Capital, a provider of financing solutions for corporate aircraft, believes more private equity firms and hedge funds are considering entering the business aviation finance sector to diversify their portfolios and reduce their exposure to equities and bonds and
For the first time since October 2016, the monthly performance of Event-Driven funds was in negative territory in August. The strategy remains nonetheless the stellar performer in 2017, up 5.7 per cent year to date according to the Lyxor Event
JP Morgan Asset Management (JPMAM) is planning to list its first two European ETFs on the London Stock Exchange. The two actively managed liquid alternative strategies, JPM Equity Long-Short UCITS ETF and JPM Managed Futures UCITs ETF, will also be
UK resident Navinder Singh Sarao has been ordered to pay a USD25,743,174.52 civil monetary penalty and USD12,871,587.26 in disgorgement for his role in ‘flash crash’ day. The US District Court for the Northern District of Illinois’ order also permanently prohibits
