The Credit Suisse Liquid Alternative Beta (LAB) Index was down 0.16 per cent in February, according to Dr Jordan Drachman, head of alternative beta strategies at Credit Suisse. The event driven strategy was the strongest performer for the month, finishing
Russian investors and brokers will be able to issue and cancel depositary receipts (DRs) in Russian companies thanks to an agreement between National Settlement Depositary (NSD) and BNY Mellon. The two companies have developed a structure by which DRs, issued by
Interview with Rob Lane – “Our proposition revolves around market data and trading infrastructure. We can supply market data via consolidated or direct feed. How firms actually receive the content depends on the trading infrastructure,” explains Rob Lane (pictured), European
Average daily volume (ADV), total volume and single-day volume in futures on the CBOE Volatility Index (VIX) reached all-time highs during February 2013. The same records were also set for total exchange-wide trading. Average daily volume in VIX futures during
Wood Creek Capital Management, LLC has appointed Avtar Vasu as the firm’s new Chief Investment Officer. Wood Creek is a joint venture of Norfolk Management Group, LLC, an investment holding company specializing in alternative investments, and Babson Capital Management LLC,
Wells Fargo Global Fund Services, the unit of Wells Fargo that provides fund administration and operations services to hedge funds and other alternative investment funds, has launched its new client technology solution, RealSTP. This initial release of RealSTP will offer
FTSE Group has launched the FTSE Implied Volatility Index Series (IVI), an end-of-day index series that measures the implied volatility of the FTSE 100 and FTSE MIB indices. The new indices provide an estimate of the market’s volatility expectations on
Citi’s global transaction services business has launched its direct custody and clearing services to clients investing in Bahrain through the Bahrain Stock Exchange. With the opening of the Bahrain direct custody and clearing branch, Citi’s network will now comprise 58
Landbank of Taiwan, Mega International Commercial Bank and Bank of Taipei have appointed Calastone for the execution of offshore fund transactions via the Taiwan Depository Clearing Corporation (TDCC) fund order routing service. TDCC official figures show Calastone now has 32
NAB Asset Servicing (NAS) has gone live on Calastone, the fund transaction network for the managed fund industry. More than 40 per cent of Australia’s fund managers are now available for transacting over the electronic network. NAS is Australia’s largest
