Markit has launched a Present Value (“PV”) Service to provide a swift and accurate Net Asset Value (“NAV”) of credit derivative portfolios. Markit is the industry s
Fintech startup Sharegain, whose securities lending platform allows any investor to generate revenue through loaning out their financial assets, has raised a total of USD12 million (including USD5 million in the latest round) to support the roll-out of its platform
Alternative investment fund assets (primarily hedge funds) in Luxembourg more than doubled to reach USD 18.7 billion for the year ended 31 December 2004. Fitzrovia’
MINDEX, GMEX Group and Hybrid Stock Exchange Corporation Limited (HYBSE) have partnered to launch a blockchain exchange platform, based in Mauritius. The HYBSE International Marketplace will integrate blockchain solutions and technology with traditional financial industries providing a complete and governed
Northern Trust Corporation has competed its acquisition of Baring Asset Management’s Financial Services Group (FSG) from ING Group N.V. William A. Osborn, Chairman and Chief Executive Officer, Northern Trust Corporation, said: “With the closing of this acquisition, we will enhance
Since the last publication of a crypto/blockchain report across Global Fund Media’s sites in August, news has come that Fidelity Investments, which administers more than USD7.2 trillion in client assets, has launched a company dedicated to digital assets. Fidelity Digital Asset
Investment Technology Group has teamed up with Electronic Specialist (ESP) to provide greater flexibility in anonymous crossing and algorithmic trading. ITG, a pion
BCB Group has secured Swiss regulatory approval as a financial intermediary for its cryptocurrency prime brokerage service by VQF, an authorised SRO by the Swiss Financial Markets Supervisory Authority FINMA. Aiming to provide seamless infrastructure covering onboarding, execution, settlement,
Luxembourg’s funds industry enjoyed a good period of growth last year, a period during which assets under management grew, on average by 15 per cent, asset flows grew by 5 per cent, profits grew by 10 per cent, while margins were
By Daniel Carpenter, Head of Regulation at Meritsoft – “Not my problem gov” has long been the response from the major investment managers when it comes to settling transactions. In fairness, why should a BlackRock or Fidelity really care? After all, most of
