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Richards Kibbe & Orbe (RK&O) has appointed Denise R Hamer as a partner in the firm’s London office where she will focus on finance, distressed debt, financial restructuring and special situations, with a particular emphasis on developing markets.
Hamer has joined RK&O from Central European law firm Schoenherr, where she was a banking and finance partner.
With more than two decades of practice in Central and Eastern Europe, including Russia, Hamer expands the corporate team’s European platform. She has represented financial institutions, investment banks, funds, supranationals and corporates in a multitude of domestic and cross-border matters, including contentious and
Following a restructure, fiduciary and fund services specialist Abacus has formed the Abacus Financial Services Group.
The new group structure will include Abacus’ two entities in Malta, Abacus Financial Services (Malta) Limited (AFSML) and Abacus Corporate Services Limited (ACSL), and Abacus Financial Services Limited (AFSL) in the Isle of Man.
Former managing director of AFSML and AFSL Paul Kneen (pictured) will head the new group as chief executive officer. Martin Heaney has been promoted to managing director of AFSL.
Kneen says: “The formation of the Abacus Financial Services Group aims to advance the growth of business across the
PrimeOne Solutions, a division of CoreOne Technologies, has launched an end-to-end solution for Canadian prime brokers, accommodating the specific interfaces and regulations of the Canadian securities ecosystem.
PrimeOne Canada offers packaged multi-asset class systems and integration to various downstream systems for straight-through processing, including settlement via CDS (Canadian Depository for Securities), as well as industry standard financial control systems in Canada for margin, accounting and risk management.
Additionally, PrimeOne is set up for facilitation of tri-party relationships for collateral held outside of the Prime Broker.
Other features include multi-platform and multi-currency client and MIS reporting over the web,
Kepos Capital has selected MSCI for Open Protocol reporting, an industry wide risk reporting initiative.
MSCI will generate the Open Protocol reports by leveraging Kepos Capital's participation on HedgePlatform, MSCI's hedge fund transparency tool which covers over 1,400 hedge funds, including over 80 of the top 100 global funds.
Matt DesChamps, a founding partner and chief operating officer of Kepos Capital, says: "Having used MSCI's historical data and market-leading risk analytics tool, RiskManager, to assist us in our daily portfolio risk analysis and reporting since our inception, we believe their Open Protocol offering to be the most seamless and
US firms that authorise and announce share repurchase programmes, aka buybacks, have historically shown statistically and economically significant outperformance following the announcements, according to a report issued by S&P Capital IQ.
This research, authored by S&P Capital IQ’s Quantamental Research team, also indicates that outperformance is greatest in smaller market capitalisation stocks, and historically has continued even past the first few trading days following the announcement.
Recognising that share repurchase programs have become increasingly prevalent over recent years – often replacing dividends as a common method of returning shareholder capital – the S&P Capital IQ report, entitled, “Buying Outperformance:
The Hong Kong office of global law firm K&L Gates has added Greg Heaton as a partner in its investment management practice.


With a focus on investment management and financial services regulation, Heaton advises investment managers as well as institutional trustees, custodians, and fund administrators on a broad range of fund formation, licensing, regulatory compliance, and securities law issues.
He previously worked in the Hong Kong office of the law firm Deacons; with the Hong Kong Securities and Futures Commission, where he drafted legislative amendments and a code of conduct for the licensing of credit rating agencies; and at the
The Commodity Futures Trading Commission’s (CFTC) division of market oversight has announced trueEX’s self-certification of available-to-trade determinations (MAT Determinations) for certain interest rate swap contracts.
This self-certification includes certain interest rate swap contracts made available to trade via an earlier determination that was deemed certified on 16 January 2014, as well as additional swap contracts.
Under Commission regulations, the additional swaps in this MAT Determination, whether listed or offered by trueEX or any other designated contract market (DCM) or swap execution facility (SEF), will become subject to the trade execution requirement under section 2(h)(8) of the Commodity Exchange Act
FX Transparency (FXT) has released FXT Analytics, a hosted application that will allow clients to create their own custom reports as well as explore new ways to reduce trading costs.
Built to help investors demonstrate FX best-execution efforts, the application allows users to select a subset of their trades based on 19 different filtering criteria, including ticket size, custodian-executed trades, and execution algorithm.
"The common thread among our clients was a need for them to build a report on a subset of trade data," says John Galanek, the firm's chief operating officer. "For the asset owner, that might mean
Alter Domus is the first service provider to be authorised by the Luxembourg Financial Regulator (CSSF) to act as a professional depositary.
Alter Domus has launched a depositary service to support its clients in meeting the new requirement for funds captured under the AIFM Directive to appoint an independent depositary.
Laurent Vanderweyen, chief executive, says: “This is a natural evolution of our product offering, allowing us to provide a complete solution to private equity and real estate firms globally. We provide our clients with a vertically integrated approach, from outsourced fund administration to management of local companies, to which
Swiss banking group SYZ & CO has launched the Oyster Continental European Selection, a new sub-fund of its Luxembourg domiciled Oyster UCITS SICAV.
Available for investment by UK clients, Oyster Continental European Selection delivers Eric Bendahan’s long-term high-conviction stock picks in a concentrated portfolio.
Many UK investors are splitting their European equity exposure between continental Europe and the UK. The Oyster Continental European Selection fund is tailored to the needs of the UK investor base by providing a successful European equities strategy in a format that excludes UK equities. In this way, it allows UK investors control over weightings
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