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Morrison & Foerster has appointed Susan Gault-Brown as a partner in the firm’s Financial Services Group in Washington DC.
Gault-Brown (pictured), comes to Morrison & Foerster from Wilson Sonsini Goodrich & Rosati, and was also a senior counsel in the Division of Investment Management’s Office of Chief Counsel at the SEC prior to entering private practice. Gault-Brown brings to the firm significant experience in investment management, FinTech, and financial services.
“The diverse practice that Susan brings to the firm, particularly her extensive expertise in investment management, further strengthens our talented global finance group,” says Gary Lee, co-chair of Morrison
CUSIP Global Services’ (CGS) latest CUSIP Issuance Trends Report for January 2018 reveals an increase in CUSIP request volume for new US corporate equities and debt, but sharp decreases in the municipal bond market.
This is suggestive of a strong pace of new corporate issuance and a slowdown in new muni issuance in the early weeks of 2018.
CUSIP identifier requests for the broad category of US and Canadian corporate offerings, which includes both equity and debt, totalled 4,728 in January, up 12 per cent from December, driven by an 8 per cent increase in requests for new US
ACA Technology Solutions, a provider of investment management and regulatory technology solutions, has launched an integrated Performance Engine for the NorthPoint Data Warehouse.
The Performance Engine calculates performance across multiple time periods, calculation methodologies, and multi-level aggregations, allowing for the seamless calculation, presentation, and analysis of performance data from one platform.
“Our clients update their performance numbers throughout the month and need to answer questions such as; ‘What did we know to be true on the 10th of last month, when we sent out a Flash Report, which did not have the valuation change we processed on the 12th?’,”
Fund administration for the alternatives industry is approaching a tipping point, with mounting industry headwinds leading many fund managers to outsource middle-and-back office processes to achieve greater operational efficiency and scalability.
That’s according to Citco’s Spring Industry Spotlight, which identifies the most significant issues and trends within the asset services industry for the year ahead in the following sectors: private equity, tax, real estate, hedge funds and private debt.
Private Equity: The greatest growth over the past several years has been in real assets – primarily from private equity and real estate funds. While investor allocations to these asset
Options, a provider of global market data and colocation services for trading firms, has launched a high performance managed colocation solution at Nasdaq Stockholm.
The new service will enable colocated clients to avail of low latency connectivity to the exchange’s Nordic feeds directly at source at its Vasby data centre.
Nasdaq Nordic owns and operates exchanges in Denmark, Finland, Iceland, Sweden and Norway. All regions are served from its primary trading data center in Stockholm.
With the availability of Nasdaq Stockholm, the Options platform today offers colocation services at 20 key trading hubs across Europe, North America and
The SS&C GlobeOp Forward Redemption Indicator for February 2018 measured 2.71 per cent, up from 2.20 per cent in January.
“SS&C GlobeOp’s Forward Redemption Indicator for February 2018 was 2.71 per cent, reflecting improvement from the 3.25 per cent reported for the same period a year ago for February of 2017. This marks the 13th consecutive month of year-over-year improvement in redemption notices,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “In fact, the 2.71 per cent reported for February 2018 is the lowest rate of redemption notices for any calendar month of February since the inception of
Independent hedge fund administration specialist Custom House Global Fund Services has appointed David Barry as Chief Operations Officer (COO) responsible for the oversight and management of Custom House’s global administration team.
Barry (pictured), will split his time between the group’s Dublin and Malta offices.
“We are delighted to welcome David back to Custom House. We look to his experience in the alternative asset space to ensure the firm’s continuous commitment to offering best-in-class service to our clients as a leading independent fund administrator,” says Helen Breen, CFO of Custom House. “David will oversee our global operating model and is
Mark Shore has joined Coquest Advisors as Director of Educational Research. Shore will be responsible for developing educational materials, workshops and webinars as well as aid in client outreach to help investors, wealth advisors and other industry participants learn about managed futures.
As a futures industry ambassador, he’ll also work to increase visibility of the Coquest Advisors brand. Shore is an adjunct professor at DePaul University’s Kellstadt Graduate School of Business and has a multi-decade background in research and trading in the derivatives business.
“Mark brings gravitas to this position having lived and breathed derivatives research and trading for
For the first time since December 2014, the proportion of investors who plan to decrease their exposure to hedge funds does not outweigh the proportion intending to increase their exposure.
That’s according to research by Preqi,n which reveals that the largest proportion of investors since December 2013 (27 per cent) are planning to increase their allocations to the asset class in 2018, and almost half (46 per cent) are planning to maintain them over the next 12 months.
This may be due to widespread sentiment that the public equity markets may correct in the year ahead: 45 per cent
Active asset manager J O Hambro Capital Management (JOHCM) has selected FactSet as its investment risk management and reporting solution.
FactSet has been expanding its multi-asset class solutions for more than 20 years. With the recent launch of FactSet’s linear risk model and the integration of the fat tail approach acquired through the recent acquisition of BISAM, it now believes it has one of the strongest multi-asset class analytics, performance, and risk management offerings in the industry.
“JOHCM chose FactSet’s multi-asset class risk package because it provides a comprehensive, flexible, and competitively-priced way to monitor factor sensitivity in portfolios
