The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update (ASU) that would make targeted improvements to the accounting guidance for hedging activities. Stakeholders are encouraged to review and provide comment on the proposed ASU by 22
Data from HFR shows that hedge funds advanced in August led by a resurgence in Energy/Basic Materials and Activist strategies. The HFRI Fund Weighted Composite Index (FWC) gained +0.4 per cent for the month, increasing the Index Value to 12,709
iCapital Network, an online platform that provides RIAs with access to alternative investments, has appointed Tom Iacono as chief financial officer. Reporting to chief executive officer Lawrence Calcano, Iacono will join the executive team and lead iCapital’s finance, legal, operations
Alternative investment firm MidOcean Partners has appointed Spencer Potts as head of business development and Ruth Lane as head of investor relations. “Spencer and Ruth are both highly accomplished investment management industry executives,” says Ted Virtue, chief executive officer of
Lime Brokerage and Vela Trading Technologies, a provider of trading and market data technology, have integrated Lime’s Strategy Studio, its software solution for streamlined strategy research and deployment, with Vela's low latency direct feed handlers. The combined products enable clients
Hazeltree, a provider of integrated buy-side treasury management solutions, has appointed Sol Zlotchenko as the company’s chief technology officer (CTO). In this role, Zlotchenko (pictured) will lead all aspects of technology direction, product development and technical support for Hazeltree’s treasury solutions.
The Power Spot Intraday market, operated by EPEX Spot, increased by 17 per cent to 8.9 TWh in July, with Swiss Intraday trading generating a significant growth rate of 101 per cent and reached 110.3 GWh. The Belgian and French Intraday
The Association for Financial Markets in Europe (AFME) has called for greater harmonisation of asset segregation across European regulation in a new report entitled “Principles of Asset Segregation, Due Diligence and Collateral Management”. Segregation of client assets currently falls under
HSBC Securities Services (HSS), part of HSBC’s global banking and markets business, has appointed Tony McDonnell (pictured) to head of sales and business development, securities services, Europe. McDonnell will report to Rafael Moral Santiago, head of securities services, Europe, and
ICE Data Services (IDS) has IOWArocks growing data owner community. ICE Data Services is part of Intercontinental Exchange (NYSE: ICE), and provides a comprehensive set of market insights and information, including pricing and analytics, indices and exchange data. IOWArocks is
