Modus Asset Management, a Hong Kong-based investment manager, has selected Wells Fargo Global Fund Services to provide daily fund administration and a comprehensive outsourced middle and back office operations solution. “Wells Fargo Global Fund Services is well-known for its expertise
The Hedge Fund Association (HFA) has welcomed the passing of the Fair Investment Opportunities for Professional Experts Act by the US House of Representatives which incorporates the addition of a knowledge and education-based category of accredited investors. The House bill
Broadridge Financial Solutions has enhanced its corporate governance solution offering in Europe by taking a minority stake and entering into an exclusive distribution and marketing alliance with AMA Partners, BV (AMA). AMA is a Netherlands-based firm and provider of DirectorInsight,
REDI Global Technologies has partnered with OpenFin, a provider of HTML5 container technology. Through the relationship, REDI and its partners will leverage OpenFin's technology to deploy new web-based applications within trade management platforms. As a result, users will be able
Kairos Investment Management (Kairos) has launched the SuMi-Kairos Multi Strategy fund which is being managed by Kairos for distribution into the Japanese market by Sumitomo Mitsui Trust Bank Limited (SuMiTB). The fund has been set up as a Japanese domestic
Crédit Agricole CIB, the Corporate & Investment Banking arm of the Crédit Agricole Group, is a new user of EurexOTC Clear for Interest Rate Swaps (IRS), a service offered by Eurex Clearing, part of the Deutsche Börse Group. 

 Arnaud
Seed CX has constructed the first industrial hemp derivative contracts, which will be traded on its platform, subject to regulatory approval by the CFTC. Edward Woodford, CEO at Seed, says: “We are focused on risk mitigation tools for the industry
A great number of the world's more than 13,000 alternative investment funds suffer from "Fund Manager's Disease," which significantly prevents those funds from increasing assets under management (AUM). That’s according to Ole Rollag, managing principal of Murano Systems who, in
Hedge funds returned -2.60 per cent in January as the asset class recorded its worst monthly performance since 2012, with macro hedge funds the only top-level strategy to post positive returns at 0.98 per cent, according to Preqin. In a
SimCorp has released version 5.9 of SimCorp Dimension, the first of two annual releases. Along with numerous other modules, new features, and further integration across the entire value chain, the release introduces new advanced additions to SimCorp’s Asset Manager. The
