LCH.Clearnet Limited’s (LCH.Clearnet) market leading over-the-counter (OTC) interest rate swap (IRS) clearing service, SwapClear, has extended the range of currencies available for clearing. Interest rate swap trades denominated in Hungarian Forint (HUF), Czech Koruna (CZK) and Singaporean Dollars (SGD) out
CSC, a provider of specialised administration services to alternative asset managers, is to acquire TCS-Groep (TCS), a Netherlands-based service provider for alternative investment funds (AIFs). TCS offers fund administration and depositary services for alternative asset managers with a focus on
Punctuated equilibrium, a term used in evolutionary biology to describe long periods of little or no evolutionary change (stasis) interrupted by short periods of significant changes, is also applicable to the wealth management industry, according to a new white paper
Estlander & Partners has selected SEI to provide operational outsourcing services for the firm’s hedge fund business. With a strong institutional investor base, Estlander sought an outsourcing partner with a proven institutional-quality infrastructure as well as the ability to provide
CAIS, a technology platform connecting financial advisers with alternative investments, has launched CAIS IQ, a learning system designed to help financial advisers master alternative investments. CAIS IQ reduces the alternative investment learning curve by combining expert content with predictive algorithms
Borsa Italiana (the Italian Stock Exchange) has made significant progress in winning the support of hedge funds for its growing range of products. Raffaele Jerusalmi outlines the thinking behind the Borsa’s hedge funds drive. HW: What products have you launched
At 08:31 GMT on 21 May, one lot (six tonnes) of three-month molybdenum was traded on LMEselect at a price of USD36,000 per tonne, taking the total amount of minor metals traded at the London Metal Exchange past the USD100m
The Wharton School of the University of Pennsylvania has received a USD10 million gift from 1986 undergraduate alumnus Josh Harris and his wife Marjorie Harris to establish the Joshua J Harris Alternative Investments Program. Harris is a co-founder, senior managing
Singapore Exchange has secured market makers for the trading of Prudential shares at their 25 May 2010 listing. The market makers will provide two-way bid/offer quotes to enhance liquidity. SGX expects to have a pool of liquidity providers committed to
European equities clearing house EuroCCP is to begin clearing trades executed on Frankfurter Wertpapierbörse (FWB), the Frankfurt Stock Exchange, from 11 November, 2019. EuroCCP’s clearing services are now available on a preferred CCP basis for trades in cash equities and
