Euronext is in exclusive talks to acquire a 20 per cent equity stake in EuroCCP for EUR14 million (including contribution to regulatory capital) subject to closing adjustments and regulatory approval. In addition, Euronext will offer choice in clearing within the
April hedge fund returns were generally positive with 2/3 of reporting funds up during the month, but smaller funds outperformed larger managers, a trend which has persisted throughout the year, according to eVestment’s latest Hedge Fund Performance report. Commodity funds
China is in the midst of a poor-quality rebound, says Geraud Charpin, Portfolio Manager, BlueBay… Risk assets were trading weaker in the past week amidst volatility in currencies, an unconvincing earnings trend dotted with notable misses and the realisation that
Options, a managed service and IT infrastructure provider to the global capital markets industry, has selected Fortinet to optimise key aspects of the firm’s email and network security, and enable enhanced cybersecurity capabilities for client firms. The deal has seen
Alpine Select has requested an Extraordinary Shareholders’ Meeting for ALTIN AG over the distribution of a special dividend. Alpine Select currently holds directly and indirectly 58.5 per cent of ALTIN shares. According to the motion submitted, shareholders are asked to
Saemor Capital’s Europe Alpha Fund lost 2.6 per cent in April, bringing the YTD performance to -10.6 per cent. Most of the losses came from strong performances in the fund’s short book. As equity markets and commodity prices continued their
The US Commodity Futures Trading Commission (CFTC) has issued a proposed amendment to a final order the CFTC issued on 28 March, 2013 that exempted certain specified transactions of six Regional Transmission Organisations and Independent System Operators (RTO-ISO Order) from
The Oxford-Man Institute (OMI), an academic institute for research into quantitative finance formed by the University of Oxford and Man Group in 2007, is to expand its focus on machine learning and data analytics. As part of this development, OMI
Everest Re Group has launched the Alternative Solution Group at Everest Specialty Underwriters, offering transactional risk insurance as well as professional and management liability insurance on both a primary and excess basis to private equity firms and hedge funds. Robert
The Depository Trust & Clearing Corporation (DTCC) and the Korea Exchange (KRX), the sole securities and derivatives exchange operator in South Korea, has signed a Memorandum of Understanding (MOU) to cooperate with each other on a Trade Repository (TR) solution
