Latest News
Options, a managed service and IT infrastructure provider to the global capital markets industry, has appointed former NYSE Technologies sales executive, Helen Viccars (pictured), to the firm’s global sales team.
Viccars, who was responsible for EMEA sales and account management at NYSE Technologies,
joins Options as VP Sales and Account Management.
As the latest addition to Options’ European sales and account management team, Viccars will be responsible for driving new business growth, evolving relationships with key strategic clients and ensuring customer success across new and existing clients. Her arrival follows the announcement last month that Options has opened a new
Markit has agreed to acquire CoreOne Technologies, a provider of regulatory reporting, index management, data management and prime brokerage services to financial institutions.
Lance Uggla (pictured), chairman and chief executive officer of Markit, says: “CoreOne is a great fit for Markit. I’m delighted to announce our acquisition of a highly regarded company with a dynamic, entrepreneurial culture similar to Markit. Their services will strengthen our offerings and will allow us to better serve our customers. The transaction is consistent with our longterm strategy to accelerate organic growth through acquisitions, and will enhance our position as a leading provider of financial
Guernsey Finance’s Head of Technical, Sinéad Leddy, discusses a recent KPMG report that showcases Guernsey’s role as a facilitator of global capital flows and the benefits that this brings to Europe.
A new report published by KPMG has revealed the extent to which Guernsey’s funds industry facilitates the flow of capital globally, including GBP105bn of investment in Europe.
The report says that: “Guernsey is used as a conduit to facilitate the raising of capital from investors in different countries and subsequently to facilitate the deployment of this capital into global assets.”
It says that of the GBP155bn of funds under
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2015 measured 0.69 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.92 per cent in August.
“SS&C GlobeOp’s Capital Movement Index for August showed a gain of 0.92 per cent, which is up sharply from the seasonally impacted -2.96 per cent in July, and also improved on a year-over-year basis from 0.61 per cent in August 2014,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “Adjusting for seasonality, the gain in the index was driven by lower
ITG Inc and its affiliate AlterNet Securities have agreed to pay USD20.3 million to settle SEC charges that they operated a secret trading desk and misused the confidential trading information of dark pool subscribers.
An SEC investigation found that despite telling the public that it was an “agency-only” broker whose interests don’t conflict with its customers, ITG operated an undisclosed proprietary trading desk known as “Project Omega” for more than a year. While ITG claimed to protect the confidentiality of its dark pool subscribers’ trading information, during an eight-month period Project Omega accessed live feeds of order and execution information of its subscribers
Hedge funds investing predominantly in China suffered steep losses in July, as the HFRI China Index declined -7.7 per cent and the Shanghai Composite Index collapsed, falling over -14 per cent in the month, including a single-day decline of -8.5 per cent.
As a result of these performance losses, total capital invested in Asian hedge funds declined by an estimated USD10 billion in July, this after rising to a record level of USD126.3 billion (784 billion RMB, 15.7 trillion ¥ Japanese Yen) to conclude 1H15, according to the latest HFR Asian Hedge Fund Industry Report, released today by HFR, the
Graham Martin (pictured), managing director of Optima Fund Management, comments on investing in the current market in the UK…
Almost a week on from the Bank of England’s ‘Average Thursday’, it is apparent that the decision to leave UK rates unchanged reflects the fact the inflationary environment is benign.
Though should investors continue to hold their current asset allocations? There are no pressures in price inflation or wage inflation, and there is still capacity in the workforce, as well as an uncertain European economic outlook. Whilst the Bank of England wants to make a symbolic 0.25 per cent rise in
Antarctica Asset Management has been authorised by the UK's Financial Conduct Authority (FCA) to act as a full scope alternative investment fund manager (AIFM) of a new investment vehicle set up and approved as SICAV by the Luxembourg regulatory authorities.
The AIFM Directive offers a regulatory framework that benefits investors and strengthens the oversight of companies managing alternative investment funds. It enhances the transparency of fund management activities of AIFM-approved funds through increased risk management and reporting requirements. As a European Union alternative investment fund manager (AIFM), we will be looking to market EU Alternative Investment Funds (AIFs) via the
Ruta Ziverte has joined Oppenheimer Funds as a senior portfolio manager in the newly formed Multi-Sector Fixed Income team, reporting to Michael Mata (pictured), head of the new Multi-Sector Fixed Income team, which looks across global debt markets for attractive opportunities.
Mata also continues as lead portfolio manager for Oppenheimer Global Strategic Income Fund and a portfolio manager of Oppenheimer Global High Yield Fund. Ziverte joins the firm from GE Asset Management, where she was a high yield portfolio manager.
Mata, Ziverte and research analyst Anuranjan Sharma comprise the new team, which oversees multi-sector fixed income investment strategies for
FIX Trading Community, the non-profit, industry-driven financial trading standards body, has formed six new subgroups focused on MiFID II regulation for the industry to collaborate on the most critical issues in this time of regulatory change.
In May 2015, the EMEA Regulatory Subcommittee met to discuss how the FIX Trading Community could best address specific areas of up-and-coming regulation. This meeting, in addition to meetings with certain European regulatory authorities provided the basis for the formation of the following important subgroups:
Each of these timely subgroups has held its own initial meeting and decided on the specific terms of
Special Reports
FeatureD
- Insight
