Foreside Financial Group, a provider of distribution and compliance services for open- and closed-end funds, exchange traded products, commodity pools, private placements, investment advisers and registered broker-dealers, has acquired Beacon Hill Fund Services, Financial terms of the transaction, which is
“Amid the hyperbole and today’s vertiginous fall, Sterling’s one saving grace is that the Euro is likely to be hit almost as hard by a Brexit,” says David Lamb, head of dealing at FEXCO Corporate Payments. “So the Pound’s collapse relative
Irish Funds, the representative body for the cross-border investment funds industry in Ireland, kicked off its annual funds conference on Thursday, celebrating 25 years of the Association. Having already put Ireland on the map as a global centre of excellence
State Street Global Advisors has won the sixth annual Funds Industry Football Charity Shield five-a-side tournament beating Smith & Williamson 2-1 in the final game held on Thursday in Shoreditch, London. Hosted by Calastone, the global funds transaction network, the
S3 Partners has launched its Blacklight Apps Crowding Kit (Black App) on the Bloomberg APP Portal at. The Black App uses S3 Blacklight financing rate data, which is already available on the Bloomberg Professional service, to deliver real-time analytics on
The board of directors of Alpine Select has taken the decision in principle to reduce in medium-term its exposure in hedge funds – held directly as well as indirectly via its majority holding in ALTIN – and to increasingly focus
IndexIQ has announced the performance of its family of six IQ Hedge Indexes with four positive, led by a 1.31 percent return for the IQ Merger Arbitrage Index. Two – the IQ Hedge Global Macro Index and the IQ Hedge
Financial institutions are facing a multitude of issues folowing the UK's vote to leave the EU, says law firm Eversheds, with passporting/mutual fund recognition likely to be a major concern for banks, investment managers and insuranace companies. According to Eversheds,
Blackstone Strategic Capital Holdings Fund (BSCH), a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management. Based in New York, Marathon is an opportunistic global credit event-driven manager with approximately USD12.75
The long-term impact of the historic decision by the United Kingdom to leave the European Union on 23 June will take investors and analysts time to fully quantify but there is no question that over the short-term, ‘Brexit’ is going
