The National Futures Association (NFA) and MarketAxess Holdings Inc have entered into an agreement that paves the way for NFA to perform regulatory services for MarketAxess’ planned swap execution facility (SEF). The Agreement establishes a preliminary framework for the exchange
PineBridge Investments, the global multi-asset class investment manager, has successfully closed its latest collateralised loan obligation (CLO), Galaxy XII CLO, Ltd. The issuance was comprised of approximately USD412.5 million of notes and closed on 24 April, 2012. The notes are
SuMi TRUST Global Asset Services (GAS) has been supporting UCITS funds from its Dublin operation since 1995 and non-UCITS funds since 1990. With the growth of alternative UCITS in full swing, the firm is already extending its support to alternative
Last year, the average long/short equity alternative UCITS fund returned 11.07 per cent according to Alix Capital. It was the first sign that these regulated funds could hold their own against their freewheeling offshore equivalents. Little wonder, then, that investor
Pick up any financial newspaper or business section from the past few weeks and you will find it very hard to come across a positive story.
Neuberger Berman is to purchase Ramius’ interest in Orchard Square Partners, which manages a global long/short credit investment strategy with approximately USD475 million in client assets. Orchard Square Partners is led by four senior investment professionals, Norman Milner, Rick Dowdle,
Hedgeweek’s news editor, James Williams – @HedgeWeekJames – has started tweeting this week. James will be sharing his personal thoughts on developments in the global hedge fund industry, and, in keeping with the Hedgeweek ethos, will take a 360-degree view
Gottex Fund Management has received FINMA approval for its merger with EIM Group. The merger is expected to complete during August. The combined firm has USD8.5 billion in fee earning assets and will be one of the leading independent
Man saw net outflows of USD1.0 billion in the first quarter of 2012, reflecting sales of USD3.1 billion and reduced redemptions of USD4.1 billion, according to the group’s interim management statement for the three months ended 31 March 2102. There was
Amundi’s acquisition of Smith Breeden Associates has been finalised following completion of the customary conditions of informing regulatory authorities and gaining approval from certain clients and shareholders. Smith Breeden Associates is now Amundi Smith Breeden. Paris, France-based Amundi
