Latest News
MarketAxess Holdings has enhanced its European credit trading platform with the addition of a further four market-making dealers. The new dealers providing liquidity to institutional investors in European credit are: ABN Amro Bank, Millennium Europe, Nomura Group and Rabobank.
This brings the total number of dealers on the European platform to 37.
MarketAxess previously announced the addition of four dealers in April 2015, further expanding the European liquidity pool on the MarketAxess platform. Dealer and investor engagement on the platform continues to grow with Eurobond trading volumes on MarketAxess up over 70% year-over-year as of the second quarter.
Today,
Brown Rudnick has strengthened its Corporate Practice in London with the appointment of veteran employment law Partner, Nicola Kerr.
Kerr, who was European Head of Employment at King & Wood Mallesons (KWM) (formerly SJ Berwin) for over 15 years, advises employers and senior executives at hedge funds, private equity houses, broker-dealers, family offices and other companies on contentious and non-contentious employment law issues. She focuses on employment law issues for major corporate transactions and restructurings, high value executive dismissals, team moves, boardroom disputes and high value employment litigation.
Kerr has successfully acted for financial institutions and executives in a
OTAS Technologies’ advanced market intelligence and analytics is now available directly inside Thomson Reuters Eikon.
Two applications, OTAS Core Summary and OTAS Microstructure have been integrated to provide users with immediate access to OTAS analytics and visualisation tools for supporting trading, risk and portfolio management from within their Eikon workflow.
Tom Doris, CEO of OTAS Technologies, says: “OTAS is continually working to simplify life for our clients while ensuring they have access to the intelligence they need to make better trading decisions. One of the ways we do this is by keeping our platform open and easy to integrate
VAM Funds (VAM) has launched the VAM Close Brothers Cautious Fund, a Luxembourg-domiciled UCITS fund which is the second product in the VAM Discretionary Funds range, following the launch of the VAM Close Brothers Balanced Fund in July.
The VAM Discretionary Funds range will be completed by the VAM Close Brothers Growth Fund, which is due to be launched before the end of the year.
Nigel Watson (pictured), VAM Funds sales director, says: “The response from advisers to the Balanced Fund launch has been extremely positive, with the high levels of fund flows over the traditionally quiet summer period
Dry powder held by Europe-focused funds currently stands at a high of USD42 billion, led by particularly strong direct lending fundraising since 2013. As banking regulation and quantitative easing in the Eurozone have just begun to come into effect, managers in the region are increasingly dedicating resources and efforts to access lending opportunities in the underserved middle-market segment. This trend is expected to continue, fuelled by capital from institutional investors seeking strong returns through senior-focused vehicles in the direct lending segment.
Fifty-five percent of Europe-based investors are allocating to the asset class from private equity allocations, a figure which has
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has been recognised by both Hedgeweek and Talkin’ Cloud as a distinguished cloud service provider.
Abacus was named the Best North American Cloud Services Provider in the 2015 Hedgeweek USA Awards, and ranked in the top 50 per cent of the Talkin’ Cloud 100.
Institutional investors, wealth managers, fund managers and other industry professionals selected Abacus as the Best North American Cloud Services Provider for the Hedgeweek USA Awards 2015. Honoring leaders of the hedge fund industry and their notable achievements, the Hedgeweek USA
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -1.03 per cent in September, according to Wilshire Funds Management.
The Wilshire Liquid Alternative Index family is a joint offering between WFM and Wilshire Analytics, creator of the Wilshire 5000 Total Market Index. The Wilshire Liquid Alternative Multi-Strategy Index, which includes both single and multi-manager funds, ended the month down -1.04 per cent.
“Largest Money Managers (US institutional tax-exempt assets)”
“Liquid alternatives significantly outpaced the broader equity and fixed income markets in September, with the Wilshire Liquid Alternative Index
The risks in metals trading are different from those in the financial markets, and if European Union (EU) regulation is not tailored accordingly, we could see irreparable damage to the wider industry.
That’s according to a new white paper released by the London Metal Exchange (LME) at the LME Regulation Seminar on 12 October 2015.
“The LME supports EU regulators’ aims to increase transparency and reduce risk in the markets. However, requiring the metals industry to comply with regulation that is designed for other, completely different, asset classes may stifle participants’ ability to create global reference prices and manage
JTC Group has expanded its operations in the Cayman Islands through the acquisition of GAM's fund administration business. The deal, which remains subject to regulatory approvals, will see all 14 GAM staff in Cayman transfer to JTC.
Completion of the transaction is expected in late 2015.
JTC Group CEO & Chairman, Nigel Le Quesne (pictured), says: "Following other recent acquisitions in the fund administration space, including our purchase of Kleinwort Benson's fund administration business, this latest deal further strengthens and deepens our offering to institutional clients. We are delighted to welcome a high quality book of clients and an
The AIMA Council and the MFA Board have formed a joint Global Steering Group (GSG) with the goal of achieving synergies that will benefit the combined membership and the alternative investment industry globally.
The GSG will serve as a joint steering committee to guide the most effective operational relationship between AIMA and MFA and will be mandated to ensure coordinated policy development and messaging and an efficient use of resources while seeking to leverage the distinct strengths of each association.
The members of the Global Steering Group are as follows:
On behalf of AIMA:
Andrew Bastow – AQR
Special Reports
FeatureD
- Insight
