CME Group Inc (CME) has reported revenue of USD814 million and operating income of USD470 million for the fourth quarter of 2015. Net income was USD292 million and diluted earnings per share were USD0.86. Adjusted for non-recurring items, net income
Low volatility net asset value (LVNAV) money market funds (MMFs), a new fund category introduced as part of a new regulatory reform of the sector in Europe, will likely attract a large chunk of the almost EUR600 billion in assets
Guernsey's funds sector is well-placed ahead of the activation of the Island's 'third country' passport, delegates at a Guernsey Finance-hosted ‘funds masterclass’ in London has heard. Approximately 300 delegates were in attendance on Wednesday [3 February] to hear a panel of
Deutsche Boerse’s T7 trading technology is now live for Xetra trading on the Frankfurt Stock Exchange, putting both Xetra and Eurex derivatives trading on the same system. Eurex Exchange, the European Energy Exchange (EEX) and the Bombay Stock Exchange (BSE)
Bauer, the Italian high-end hotel group, and Blue Skye Investment Group, a special opportunity fund, have completed the reorganisation of Bauer’s EUR110 million debt, through a debt rescheduling and refinancing. Bauer has employed a new four-year senior secured bond issuance,
EEX Group has successfully reached an agreement with LCH Ltd (LCH) in London to novate, subject to member agreement, open positions in Dry Bulk Freight FFA and option contracts from LCH to its clearing house European Commodity Clearing (ECC) by
Capita Asset Services is working with Irish fintech start-up, Fund Recs, to automate its cash and portfolio reconciliation process. The cloud-based software will automatically reconcile broker and custodian data to Capita’s fund accounting system, InvestOne Enterprise. Clients will benefit from
Gondor Capital’s two hedge funds continued to outperform in May firms’ domestic hedge fund Gondor Partners, LP climbing 9.68 per cent through May (+1.26 per cent MTD), beating its benchmarks, with the S&P 500 gaining 8.66 per cent and HFRX
STOXX Limited has launched the STOXX Low Carbon index family which consist of four sub-families offering varying degrees of carbon exposure enabling market participants to limit the exposure of their portfolios to carbon risk while participating in the low-carbon economic
Investors retreated from equities and turned to safe-haven assets in January as disappointing Chinese and emerging market numbers and weaker US data dominated news flow, according to GAM’s latest hedge fund performance review. Global equities were down 6.0 per cent,
