By Louise Guillemette (pictured, above) and Poseidon Retsinas (pictured, left), both Legal Counsel at Innocap Investment Management – The managed account space is evolving from the traditional standardised and commingled offering toward customisation for single investors. Innocap offers its investors dedicated investment vehicles of multiple types,
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has published an updated guide for hedge fund managers to use when selecting a prime broker. AIMA’s Guide to Sound Practices for Selecting a Prime Broker incorporates changes
EIM, a global manager of tailor-made portfolios of hedge funds, has appointed Deutsche Bank to assist in the creation of a dedicated managed account platform. The new initiative aims to provide clients by the end of the year with enhanced
The Foreign Exchange Professionals Association (FXPA) has added of five institutional members – Bloomberg Tradebook Services, Cürex, FastMatch, Nasdaq and Singapore Exchange (SGX). All have joined FXPA’s Founders’ Council and become members of the initial Board of Directors. With the
Eight months after announcing their plans to develop a new asset servicing model for TARGET2-Securities (T2S), Clearstream and BNP Paribas Securities Services have signed a partnership agreement. Both companies are now well underway towards a timely T2S readiness and in
Denver Alternatives has launched a separately managed account structure that provides alternative investors with enhanced multi-strategy and multi-manager capabilities. The United Alpha Account offers investors greater control over their assets including increased transparency, incentive fees based on the performance of
Neonet Securities has joined REDI’s broker network, providing mutual clients seamless access to Neonet’s suite of execution tools using the REDIPlus trade management platform. “We have been closely watching the development of REDI as an independent firm and are very
Sophis, a provider of portfolio and risk management solutions, and J.P. Morgan’s prime brokerage business have introduced iSophis, a new technology that will allow hedge funds to manage their portfolios across multiple prime brokers. iSophis provides integrated portfolio and risk
Linedata has made significant enhancements to its web portal facility for its Linedata Admin Edge platform. These enhancements focus on data control, reconciliation and creating ad-hoc user-defined views. The enhanced web functionality, powered by Linedata Reporting, fuses secure access to
Financial services software provider SS&C Technologies Holdings has acquired DST Global Solutions Ltd, a subsidiary of DST Systems, Inc, for USD95 million in cash. DST Global’s products now owned by SS&C include industry-leading investment and fund accounting platform, HiPortfolio,
