Jade Fu (pictured), Investment Manager at Heartwood Investment Management, comments on OPEC’s (Organisation of the Petroleum Exporting Countries) surprise announcement to cut production… OPEC’s first cut in eight years has been taken positively by financial markets. Oil prices rose 6
Pluribus Labs and Huq Industries have formed a partnership which aims to bring real-time “bricks-and-mortar” retailer performance data to the institutional investor community. Through this partnership, investors can track the performance of real-world retailers and their competitors systematically and in
Canadian asset management firm Fiera Capital has made an offer to acquire the entire share capital of London-based asset manager Charlemagne Capital. Fiera Capital’s recommended offer includes the payment of a special dividend by Charlemagne Capital. If the offer
Och-Ziff Capital Management is to pay USD412 million to settle US Department of Justice (DoJ) and Securities Exchange Commission (SEC) charges relating its private investment business in Africa and a 2007 investment by the Libyan Investment Authority. As part of
Boutique investment management firm RiverNorth Capital Management has launched RiverNorth Marketplace Lending Corporation, a registered 1940 Act closed-end interval fund dedicated to the rapidly growing online lending asset class. “We are pleased to add RiverNorth Marketplace Lending Corporation to our
Independent advisory firm Conestoga Capital Advisors has appointed Jeffrey A Riggs as institutional sales and client service officer. Riggs has 20 years of experience in the investment management industry and is joining Conestoga from Lincoln Financial Group where he was
The RD Companies has hired hedge fund industry veteran Amy B Hirsch to fill the newly created position of chief operating officer. Expanding the build-out of its New York office, and further strengthening the infrastructure, Phillip H Kwon has been hired
TradingScreen (TS), an all asset class execution and order management system (EOMS), and Imagine Software, a provider of portfolio and risk management solutions, have enhanced their long-standing partnership to deliver a full front-to-back office trading solution to the buy-side.The extended
Hedge fund administrator HedgeServ and Hazeltree, a provider of integrated buy-side treasury management solutions, are teaming up to deliver enhanced middle-office treasury services to hedge funds and other alternative investment managers. Hazeltree enhances HedgeServ’s offering related to cash management, electronic
Boutique asset manager Unigestion has made three senior appointments to its newly formed intermediary team. The team will initially have five members and Unigestion plans to grow this further as the firm increases its presence in intermediary markets. Their
