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Linedata has launched its digital Linedata Mobil'Ekip solution, which allows key tasks and information to be managed and accessed from mobile platforms, such as smart phones and tablets. It operates in conjunction with the core Linedata Ekip360 system.
Linedata Mobil'Ekip covers the entire value chain from sales to operations and end-users. Rather than simply reproducing existing core features, Linedata Mobil'Ekip adds additional value with a completely new mobile experience accessed via smartphones and tablets (IOS, Android). Users can directly scan and input business cards and exchange documents with decision-making platforms in real-time. Linedata Mobil'Ekip is an integral part of the
Dutch hedge fund specialist Theta Capital Management has added VR Global Offhore Fund Ltd (VR Global) to its flagship Legends Fund.
VR Global, which is run by Richard Deitz, supported by a team of nearly 40 people and offices in London, New York, Moscow, and Dubai, predominantly invests in distressed debt and specialises in emerging markets.
The Legends Fund, launched in February 2010, allocates to a selection of 10-15 ‘legendary’ hedge fund managers. This way it offers access to some of the most renowned money managers that are typically closed to new investors. The selection of managers in Legends
The January 2016 average daily transaction value on the Euronext cash order book stood at EUR8,682 million (+0.6 per cent compared with January 2015).
The first twelve months of the year are the best month ever in terms of number of transactions with an average daily number of trades of 2,210,632 double counted. The previous record dates back to August 2011 at 2,176,366 trade).
Activity on ETFs remained particularly dynamic during January with an average daily transaction value at EUR815 million, up 37 per cent compared to January 2015.
The average daily volume on equity index derivatives was
Mygale, the new vehicle for the European-focused event driven strategy that CIO Neil Tofts previously deployed at Deephaven Capital Management, KBC Alternatives, and Merrill Lynch, has launched the Mygale Event Driven UCITS Fund on the MontLake UCITS Platform.
Toftsl has over 19 years' experience in successfully running event driven portfolios and funds. Each of the investment professionals in the Mygale team has worked with Neil over a number of years and specialise in the nuances of European event driven investing.
The Fund is diversified across a number of strategies, including merger arbitrage, catalyst driven investments, relative value and special
The drive towards unbundling research budgets from execution services under MiFID II will alter the fund industry landscape, placing greater pressure on smaller asset managers as the research tap – funded by commissions spent by their billion dollar brethren – slowly dries up.
Changes are already afoot as banks use ‘ghosting’ to scale back the volume of research that smaller managers receive. This is because sell-side institutions will be required to disentangle research from trade commissions and as such place greater focus on the value of research being produced. There will be no free lunch. Fund managers, large and small,
First Names Group has appointed Eric Fady (pictured) as Chief Financial Officer (CFO) with immediate effect.
Reporting directly to the CEO, Cengiz Somay, Fady will assume overall responsibility for delivering on the Group’s financial support needs in order to help achieve its vision for continued growth. Working closely with the board, management team, finance team (led by Andy Ruddy) and our private equity partner, AnaCap Financial Partners LLP, Eric will oversee corporate finance, accounting, investor relations and capital and financing strategies for the Group.
Fady has over 20 years’ international and corporate finance experience working for public and private
The Depository Trust & Clearing Corporation’s (DTCC) Global Markets Entity Identifier Utility (GMEI Utility) has issued more than 200,000 legal entity identifiers (LEIs) to entities from over 184 jurisdictions since its launch in August 2012.
This represents a 20 per cent uptick year-on-year and approximately 50 per cent share of the total LEIs issued worldwide – more than three times the next largest Local Operating Unit (LOU).
The GMEI Utility is expected to continue to grow as global regulators increasingly mandate the use of LEIs. EU regulations, including Markets in Financial Instruments Directive/Regulation (MiFID/R), European Market Infrastructure Regulation (EMIR),
CBOE Futures Exchange has reported that average daily volume (ADV) last month was up 19 per cent from January 2015 and 32 per cent higher than in December 2015.
Exchange-wide total volume also rose in January, up 13 per cent compared with January 2015 and up 14 per cent from December 2015.
Total January volume in futures on the CBOE Volatility Index (VIX Index) was 5.2 million contracts, up 13 per cent from January 2015, and up 14 per cent from December 2015. January VIX futures' ADV was 271,994 contracts, up 19 perc ent from a year ago and 32
Macquarie Investment Management (MIM), the investment management arm of Macquarie Group, has appointed Dominic Janssens as the firm’s new global chief operations officer, based at its global headquarters in Philadelphia.
In this role, Janssens’ responsibilities will include developing the strategy to optimise and scale MIM’s global platform in areas including investment operations, administration, controls, fund accounting, business management and financial and management analysis.
Janssens will join the organisation on 4 April and will report to Ben Bruck, the global head of Macquarie Investment Management and the chairman of Delaware Investments. While based in Philadelphia, he will oversee MIM’s operational
ZAIS Group Holdings has appointed Gregory Barrett as Head of Client Relations and Business Development, effective immediately. Barrett reports to Michael Szymanski, Chief Executive Officer, and is based out of Red Bank.
As the Head of Client Relations and Business Development, Barrett will work with the firm's Client Relations team, portfolio managers, and Chief Investment Officer, Christian Zugel, to lead and create distribution strategies for ZAIS. In addition to developing the strategy, he will be responsible for client service to our investors.
Barrett joins ZAIS with 23 years of industry experience, including capital formation, capital introduction, and entrepreneurial start-ups. Prior
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