Managers
Markit is to acquire Information Mosaic, a software provider for corporate actions and post trade securities processing.
Information Mosaic’s enterprise software will allow Markit to extend its corporate actions service to support the full corporate actions trade lifecycle and enhance Markit’s asset servicing solutions.
Michele Trogni, managing director, cohead of Solutions at Markit, says: “Information Mosaic is known for its leadership in corporate actions, a critical, complex and challenging area of operational risk for many financial institutions. The combination of deep domain expertise, data and technology assets created by this acquisition will position Markit as a leading provider of end
eVestment, a provider of traditional and hedge fund data and analytics for the institutional investing community, is launching new offerings in the private equity and venture capital arenas.
To serve institutional investors who are increasingly investing in private market funds, eVestment has acquired TopQ, an innovator in private equity analytics based in Edinburgh, Scotland. At the same time, eVestment is announcing the pending launch of a new and expansive private equity dataset in the second half of 2015 and will begin development immediately to integrate TopQ with the new eVestment dataset. With these moves, eVestment continues to deliver on its
Managed service and IT infrastructure provider Options, has acquired Jake Roy Pillar, a New York-headquartered technology consultancy for the financial industry and primarily hedge funds.
The financial terms of the deal, which closed in the second quarter of 2015, have not been disclosed, but the acquisition will see the technology consultancy form an additional business unit within Options called Options Advisory.
The acquisition will allow Options to provide clients currently leveraging their portfolio of products, including leading hedge funds, global investment banks and private equity firms, with direct access to a professional consultancy team who are uniquely experienced in delivering
All six of Market Vectors Index Solutions family of investible long/short equity indices recorded positive returns in May.
Each index is constructed using transparent, liquid ETFs and US Treasury securities to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption restrictions.
The Market Vectors Global Long/Short Equity Index led the way with a return of 1.47 per cent for the month, followed by the Market Vectors Western Europe Long/Short Equity Index(1.36%), the Market Vectors North America Long/Short Equity Index (0.93%), the Market Vectors Global Event Long/Short Equity Index (0.68%) and the Market Vectors Asia (Developed) Long/Short Equity Index
AcadiaSoft has launched MarginSphere 2, the latest version of its industry-leading electronic margining platform for OTC derivatives.
MarginSphere 2 is specifically designed to address new regulations for non-centrally-cleared derivatives that will take effect next year. MarginSphere 2 will enable more than 200 buy-side and sell-side firms that comprise the AcadiaSoft community to efficiently comply with 2016 regulatory requirements, including mandatory exchange of bi-lateral initial margin, automated processing of segregated collateral assets, verified management of collateral disputes, and unbundling of collateral movements into currency specific silos.
The new regulations, promulgated by the Basel Committee on Banking Supervision and the
David Shine, Partner – Corporate Department at international law firm Paul Hastings, comments on the news that US bound M&A deal activity in May surpassed the previous monthly record set in 2007…
The aggregate dollar amounts are huge and are records, but let’s not forget that the stock markets are also way beyond the highs of earlier M&A booms. So, because most public companies are way more expensive than they have ever been, I think that the focus on dollar size is a bit unexciting.
If, instead, we look at deal frequency, I think we’d find that it is
CBOE Holdings is to acquire the market data services and trading analytics platforms of Livevol, a provider of equity and index options technology and market data services to professional and retail traders.
The acquisition, which has been approved by the board of directors of both CBOE Holdings, Inc. and Livevol, is expected to close by 30 June, 2015. Financial terms of the deal have not been disclosed.
According to the agreement, CBOE Holdings will acquire the Livevol Core, Livevol Pro and Livevol X trading analytics platforms, as well as Livevol Enterprise and other market data solutions products. Livevol
Average daily volume in VIX futures in May on the CBOE Futures Exchange (CFE) totalled 174,923 contracts, an increase of 9 per cent from April 2015 and 22 per cent from May 2014.
Total volume in VIX futures for May was 3.5 million contracts, an increase of 3 per cent from the previous month and 16 percent from a year ago.
Exchange-wide ADV at CFE was 174,972 contracts in May, an increase of 9 per cent from April 2015 and 21 per cent from May 2014. Exchange-wide total volume during the month meanwhile, was 3.5 million contracts, an
HedgeCoVest, the first real-time hedge fund replication platform, offering advisors and retail investors real-time replication of hedge fund strategies directly into their brokerage accounts has formally launched following four years of R&D and beta testing.
HedgeCoVest offers . HedgeCoVest, which has over 1,500 beta users, combines the unique liquidity, security and transparency advantages of a separately managed account with the long/short investment strategies of hedge funds to satisfy investors’ demands for a better way to invest in alternatives.
“The traditional limited partnership investing model is being disrupted,” says Evan Rapoport, CEO of HedgeCoVest. “Until now, only ultra-high net worth investors
Northern Trust has established a registered investment advisor subsidiary, 50 South Capital Advisors, which will provide investors with customised solutions through its access to private equity and hedge fund managers in the small- and mid-market segments.
Led by Managing Director Robert P Morgan, a 25-year veteran of financial services and private equity, along with a dedicated team of highly experienced investment professionals, 50 South Capital builds on Northern Trust’s history of developing multi-manager strategies for investors. The new company, with $4.3 billion in assets*, is a wholly owned subsidiary of Northern Trust Corporation, and its clients will benefit from increased
