Asset under custody for private funds at Millennium Trust Company, a provider of alternative asset custody solutions to institutions, advisors, and individuals, have surpassed USD5.6 billion as of 1 June, 2015. This represents an increase of USD600 million within the
Liquidnet has launched Liquidnet Dark IEX, a new order routing strategy that gives the buyside the ability to access Liquidnet’s market-leading institutional liquidity pool while working their orders within IEX. This proprietary algorithm was designed to give the buyside broader
The Greek debt issue has become a never-ending saga, says Penny Lovell, Head of Private Client Services, Close Brothers Asset Management… Have you ever watched "Game of Thrones"? "Breaking Bad"? or "Californication"? As rewarding as a blockbuster series might be, watching
Ipreo is to launch Investor Access, allowing investors to electronically submit Indications of Interest (IOIs) on fixed-income issuances directly into Ipreo’s syndicate-to-syndicate communications platform for the primary new-issue markets, IssueNet. A Bank-sponsored initiative, Investor Access will allow the buy-side clients
Orangefield Group is to acquire USA2Europe, a corporate service provider providing Global Outsourcing services to North American Technology companies. With this acquisition Orangefield has increased its global presence, including USA2Europe’s representatives, with 24 additional countries – reaching a total of
The booming credit market has been one of the best beta trades for investors in the six years since the financial crisis. However, the ultra-loose monetary policy supporting this trend now appears to be turning. That’s the view of Norman
Morgan Stanley this week announced the launch of a new ETF, the MS Scientific Beta Global Equity Factors UCITS ETF on its FundLogic platform. The ETF provides exposure to the Scientific Beta Developed Multi-Beta Multi-Strategy Equal-Weight Index and is the
361 Capital, an asset management firm specialising in liquid alternative investments, has entered into a strategic partnership with private equity firm Lovell Minnick Partners. Lovell Minnick Partners will assume a minority ownership stake in the Denver-based alternatives firm. Transaction terms
Man Group is to acquire Pine Grove Asset Management, a USD1bn US-based fund of hedge fund manager specialising in the management of credit-focused hedge fund portfolios. The transaction is subject to customary closing requirements and is expected to close in
Alternative UCITS funds returned 0.75 per cent on average in May according to the latest figures released by Alix Capital, provider of the UCITS Alternative Index Global. Every strategy, with the exception of volatility, produced positive returns. The best performing
