The London Metal Exchange (LME) is to introduce caps on maximum rates charged by LME-registered warehouses following a market-wide consultation. This is the final part of the three-year-long warehouse reform programme designed to enhance the LME’s warehouse network and to
Thomson Reuters has launched a Diversity & Inclusion (D&I) Index, which ranks the top 100 publicly traded companies globally with the most diverse and inclusive workplaces, as measured by 24 metrics across four key categories. The categories are diversity, inclusion,
On 10 June 2016, Malta burnished its reputation when the Malta Financial Services Authority (MFSA) launched the Notified Alternative Investment Fund (NAIF) regime through the publication of the Investment Services Act (List of Notified AIFs) Regulations in the Malta Government
Calastone, the global funds transaction network, has reached a milestone in its global expansion, with its network now providing over 10,000 trading links worldwide. The Calastone Transaction Network brings automation to the global funds industry, which has historically relied on
The September 2016 Eurekahedge Report finds that, over August, hedge funds witnessed their fourth consecutive month of outflows with investor redemptions totalling USD23.8 billion during this period. However, total hedge fund assets have grown by USD17.6 billion over the past eight
KCG Holdings has completed the acquisition of Neonet Securities, an independent agency broker and execution specialist based in Stockholm, Sweden. The Neonet business, which will operate as a subsidiary of KCG and be renamed KCG Neonet, will continue to be
Sequoia Capital Fund Management (SCFM), a systematic manager in foreign exchange, has passed USD100 million in assets under management. Douglas Garistina (pictured), chief executive and chief investment officer of SCFM, says: “We are very pleased to have received a significant
Libero Development Fund, a hedge fund launched by Mary Murphy who helped to establish International Fund Services before its acquisition by State Street, is now open to specialist investors. Prior to the soft launch of the fund late last year,
Gemini Alternative Funds has surpassed USD500 million in invested assets on its Galaxy Plus Fund managed account platform (MAP) as of August 2016. The Gemini Companies provide investment companies with a single point of access to multiple solutions for pooled
Schroders is launching a UCITS hedge fund product via its GAIA platform – the Schroder GAIA Two Sigma Diversified – which will be sub-advised by Two Sigma Advisers. Created by Two Sigma Advisers, in collaboration with Schroders, the fund’s strategy
