Latest News
Ashmore Group plc has appointed Simon Fraser to the Board as a Non Executive Director effective 10 February 2012.
There are no further details required to be disclosed pursuant to Listing Rule 9.6.13 in connection with his appointment.
Simon Fraser is a non executive director of Barclays Bank plc and Barclays plc, Chairman of Foreign & Colonial Investment Trust plc, The Merchants Trust plc and a non executive director of Fidelity European Values Plc and Fidelity Japanese Values Plc.
- 10/02/2012
Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 2.25% in February.
“Net flows were positive, against a backdrop of record low outflows,” says Hans Hufschmid (pictured), chief executive officer, GlobeOp Financial Services (LSE:GO.).
The GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by GlobeOp. This monthly net is divided by the total assets under administration (AuA) for GlobeOp’s fund administration clients.
Cumulatively, the GlobeOp Capital Movement Index for February 2012 stands at 142.60 points, an increase of 2.25 points over January 2012. The Index has advanced 13.48 points over
- 10/02/2012
- 10/02/2012
The CFTC has voted to establish a Subcommittee on Automated and High Frequency Trading tasked with developing recommendations regarding the definition of high frequency trading (“HFT”) in the context of the larger universe of automated trading.
This definition of HFT is anticipated to serve as an initial step towards assessing the presence and impact of HFT in CFTC regulated markets for consideration of appropriate regulatory and policy responses.
Since its inaugural meeting, the TAC has focused on one of the most important technological evolutions in trading behaviour: automated trading. This shift in terms of speed and volume has challenged the exchanges’
- 10/02/2012
The US Commodity Futures Trading Commission (CFTC) has obtained a federal court consent order that permanently bars defendant InterForex, Inc, of Tortola, British Virgin Islands, from soliciting or accepting orders to trade foreign currency (forex) from US customers who are not Eligible Contract Participants (ECPs).
The order also permanently bars InterForex from offering to be the counterparty to US customers’ forex transactions, without registering with the CFTC.
The order, entered on 2 February, 2012, by Judge Rebecca R Pallmeyer of the US District Court for the Northern District of Illinois, also requires InterForex to prominently display a notice on
- 10/02/2012
HazelTree, a provider of Treasury management services for alternative investment managers, has appointed Sandeep Rawal to the position of Chief Technology Officer, effective immediately.
In his new position, Rawal will lead HazelTree’s efforts to use new technology to deliver high-performance, customer-focused treasury functionality to multi-primed hedge funds. He is moving into the role as former CTO Matt Johnson takes on consulting duties for HazelTree at one of the world’s most respected hedge funds, a firm that has just become HazelTree’s 10th licensed client.
"With the addition of our newest client, HazelTree now delivers Treasury solutions to a client base that
- 10/02/2012
Dechert has released the following update regarding the US Treasury Department’s recent proposed regulations and announcement relating to FATCA…
On 8 February, the US Treasury Department released proposed regulations and a related ground breaking announcement relating to the recently enacted tax legislation called the Foreign Account Tax Compliance Act or FATCA. FATCA’s purpose is to flush out the identity of US investors who may be trying to avoid payment of US taxes by investments channeled through offshore accounts with non-US banks or financial institutions. FATCA has caused a great deal of controversy and concern in the financial sector due to the
- 10/02/2012
- 10/02/2012
SS&C Technologies Holdings, a provider of investment and financial software-enabled services and software, has appointed Punit Satsangi to the position of Managing Director of Business Development, EMEA.
Satsangi reports to David Reid, Senior Vice-President and Managing Director, International. In his new role, he will bring more than 18 years of experience in sales and business development and be responsible for driving the continued growth and success of the company’s presence in Europe, Middle East, and Africa region.
“I am excited to join the leader in cloud computing, software and services for the global financial services industry,” says Satsangi. “SS&C offers
- 10/02/2012
Eze Castle Integration, a provider of IT services, technology and consulting to investment management firms, has promoted Christopher Holden from the position of senior vice president of finance to chief financial officer.
Holden, who has served the company for nearly a decade, will oversee all of Eze Castle’s worldwide financial operations. His promotion comes as the company continues to grow its revenue streams and expand into new markets around the globe.
Since joining Eze Castle in 2003, Holden has managed the company’s US financial operations and spearheaded the establishment of international operations, most recently in Asia and the UK. As
- 10/02/2012
Emerging market long/short equity specialist, Finisterre Capital, this week announced the launch of the Finisterre Equity Fund, a
- 09/02/2012
Although performance was hardly stellar last year, Asian hedge funds nevertheless still managed to outperform the region’s volatile whipsawing markets according to new data released by Hedge
- 09/02/2012
Special Reports
FeatureD
- Intel
- May 14, 2024
- Intel
- May 13, 2024
- Intel
- May 10, 2024
- Intel
- May 9, 2024
- Intel
- May 8, 2024
- Intel
- May 7, 2024
- Intel
- May 2, 2024
