Latest News
Public relations and financial communications firm Prosek Partners has appointed Andy Merrill as Partner. Merrill brings nearly 20 years of strategic financial communications experience to Prosek, with a focus on transaction communications and issues and crisis management.
Before joining Prosek, Merrill was Senior Managing Director at Teneo, a global strategic consultancy, where he counseled CEOs and boards of directors in the areas of corporate strategy, business operations, media and investor relations, corporate and executive reputation management, transaction communications and other special situations.
Prior to Teneo, Merrill was the US Chief Executive Officer of Finsbury, a financial communications firm based
Despite the recent wild gyrations in global stock markets, 2015 could represent the calm before the storm for European equity brokers, which are awaiting word from regulators on new “unbundling” rules that could upend the economics of their business.
The competitive landscape of the European brokerage market has been in flux since the onset of the global financial crisis, driven by changes in regulation, market structure and in the balance sheets and business strategies of global banks. These changes could accelerate when European regulators announce their final decision on new rules limiting and possibly even prohibiting the use of client
Private investment firm Enhanced Capital and FocusPoint Private Capital Group (FocusPoint), a FINRA member focused on private capital raising, have formed Enhanced FocusPoint (EFP), a partnership to source, seed and launch a series of private investment funds.
EFP will identify talented management teams with investment strategies suitable for institutional investors allocating capital to private funds. This partnership will expand the reach and capabilities of each firm, providing experienced limited partners with new investment strategies.
Four sectors of focus have been identified for the platform: Equity, Credit/Income-Generating, Real Assets, and Special Opportunities. Enhanced and FocusPoint have a long history of backing
Liquidnet, the global institutional trading network, has launched a fixed income dark pool that facilitates direct, peer-to-peer trading of corporate bonds among asset managers in the US, Canada and Europe.
Liquidnet has enrolled more than 120 asset managers, representing a critical mass of liquidity and a sizeable portion of assets under management for high yield and investment grade bonds in the US. At launch, the platform will enable trading for US and European corporate bonds (high yield and investment grade), emerging market corporate bonds, and European convertible bonds.
The Fixed Income dark pool has been designed to provide a
Deutsche Börse, together with the European Trade Repository REGIS-TR, is helping clients to meet regulatory requirements under the new MiFID II European financial directive.
REGIS-TR is jointly run by Deutsche Börse’s subsidiary Clearstream and Iberclear (BME Group). The Markets in Financial Instruments Directive (MiFID II) will enter into force in 2017.
Deutsche Börse is offering clients two services here: firstly, the MiFID II Transaction Reporting Service, which enables clients to submit the relevant data (e.g. executing trader and reason for transaction) to the national competent authorities. This data must be reported through a so called “authorised reporting mechanism” (ARM).
Exchange Date International (EDI) is to provide Market and Corporate Actions data to AQMetrics clients through AQMetrics cloud based risk and compliance software.
AQMetrics delivers turnkey Pre and Post Trade Monitoring for Reg NMS, OATS and OTS reporting, UCITS Rules Monitoring, AIFMD Risk Management and Annex IV Reporting, AML/KYC and UBO monitoring, EMIR Reporting and OPERA Reports. Using AQMetrics firms can: track investor activity, orders, executions and holdings from pre to post trade; receive risk alerts and notification of compliance breaches; and gain access to a dedicated team of industry specialists who assist in the simplification of regulatory risk and
The Managed Funds Association (MFA) today announced its 2015-2016 Board of Directors and newly elected officers. The new Board and officers will provide governance oversight to MFA and help guide the Association’s advocacy, education and communication efforts on global issues impacting the alternative investment industry.
MFA’s Board unanimously elected David C Haley, President, Managing Director, HBK Capital Management, as the Board Chair; Michael S Harris, President, Campbell & Company, Inc, as Vice Chair; Mikael A. Johnson, Senior Lead Partner, Alternative Investments, KPMG LLP, as Treasurer; and Bruce S Darringer, Member and Chief operating Officer, King Street Capital Management GP, LLC,
Industry veteran Marjorie Kaufman (pictured) has joined Activist hedge fund manager Barington Capital Group as a partner in charge of marketing and investor relations.
Kaufman’s mandate is to bring Barington’s impressive 15-year record as an activist investor to the family office and institutional markets.
Kaufman brings extensive capital raising and relationship management experience to Barington. Most recently, she was Managing Director and Head of Marketing at Guggenheim Global Trading, a multi-strategy hedge fund. Previously, she served as a Managing Director with Golden Seeds, helping emerging companies secure financing. From 2003 through 2010, Kaufman was Managing Director and Head of
Dublin-based asset manager Mediolanum Asset Management has chosen private financial cloud provider Options as its new managed application and hosting provider.
The deal sees Options deliver FusionInvest, Misys’ fully integrated portfolio and risk management solution, as a fully managed service for Mediolanum in partnership with the technology consultancy firm, Cronos Consultants Group. The announcement follows Mediolanum’s recent decision to overhaul its entire IT platform to implement a new front-to-back data management solution in conjunction with Misys.
Mediolanum will leverage Options managed application solution, Momentum. Momentum combines a global platform, for hosting dozens of customer proprietary applications, with a standardised platform for
The Managed Funds Association (MFA) has updated its equity market structure recommendations with the Securities and Exchange Commission (SEC) and other regulators.
MFA’s recommendations would help improve critical market infrastructure, reduce operational risk, improve the overall quality of the US equity markets and strengthen investor confidence through greater disclosure and transparency.
MFA also urged regulators to consider conducting regular data-driven reviews of parameters for market volatility controls; to develop and implement contingency plans and interim processes with respect to closing auctions and other technical outages; and to enhance order handling and trading data transparency and accuracy so that investors
Special Reports
FeatureD
- Insight
