Brokerage firm Triad Securities is expanding its managed suites offering by adding an area of 7,500 square feet meant exclusively for hedge fund managers. Located in the historic Trinity Building at 111 Broadway in the Wall Street area, Triad Securities
Around half of hedge fund firms intend to launch a new hedge fund by the end of next year and most are reporting rising assets, according to a global survey by PwC and the Alternative Investment Management Association (AIMA). The
Tages Capital, in partnership with Madrid-based Cygnus Asset Management, has launched the Tages Cygnus Europa Event Driven UCITS Fund, the third sub-fund of Tages International Funds SICAV, a UCITS compliant umbrella fund structure. Cygnus Asset Management is an established specialist
The global hedge fund practice of Citigate Dewe Rogerson, an international financial and corporate communications consultancy, has added 20 new clients in less than a year since it was launched. Client strategies covered include equity long/short, credit, quant, event-driven,
Northern Trust to acquire UBS Asset Management's fund administration servicing units in Luxembourg and Switzerland, expanding its presence in the former and gaining local fund administration capabilities in the latter. Following the transaction, which is expected to close in the
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for November 2015 measured 0.21 per cent. Hedge fund flows meanwhile, as measured by the SS&C GlobeOp Capital Movement Index, advanced 0.83 per cent in December. "SS&C GlobeOp's Capital
The latest Hedge Fund Tracker analysis from S&P Global Market Intelligence shows the top funds managed approximately USD153 billion in equity holdings, an increase from the USD145 billion under management in Q3. However, because these funds saw a slight drop
Client collateral deposits at Saxo Bank, the online multi-asset trading and investment firm, have exceeded DKK100 billion – a record high. 2016 was marked by a number of high profile political events, namely the UK EU referendum on 23
CME Group, the world's leading and most diverse derivatives marketplace, announced today that One million contracts have now been traded on CME Group’s London-based derivatives exchange, CME Europe, which launched in April 2014. The total volume of contracts traded since
SoftBank Group (SoftBank or SBG) is to acquire Fortress Investment Group (Fortress) in a cash deal worth approximately USD3.3 billion. Under the terms of the merger agreement, which has been unanimously approved by a Special Committee of Independent Directors of Fortress's Board of
