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Kinetic Partners, a global professional services firm to the asset management, investment banking and brokerage community, today announced that it has been named Best Regulatory Advisory firm in the US by readers of Hedgeweek, a leading online publication for hedge fund managers and institutional investors.
Recognition for excellence in this area comes during a year of rapid expansion in Kinetic Partners’ US Regulation and Compliance practice. Growth has largely been spawned by new regulatory requirements placed on hedge fund managers under the Dodd-Frank Act signed into law in June 2010.
The Hedgeweek USA Awards 2011 covered 25 categories and were
Eze Castle Integratio has been awarded the "Best Managed Account Platform Technology" designation in the Hedgeweek USA 2011 awards and named to the CRN 2011 VAR500 list. Both honours highlight the company’s consistent focus on providing quality technology solutions and customer service to the investment management industry.
CRN’s VAR500 list ranks the top technology solution providers in North America by revenue. Eze Castle placed No256 in the 17th annual ranking, moving up 95 spots from the 2010 VAR500 list ranking of No351. Eze Castle has been consistently ranked on this list since 2006 for its dedication to quality technology services
Northern Trust has enhanced its Hedge Fund Monitor product with a series of new features designed to improve automation and straight-through processing, enabling Northern Trust’s Funds of Hedge Funds (FoHF) clients across the globe to access performance, liquidity and compliance data throughout the day.
Automation updates to Northern Trust’s Hedge Fund Monitor product enable Northern Trust clients to now enter multiple trades on a single screen, including multiple trades on a single portfolio and, significantly, to instruct a single trade and allocate it across multiple portfolios.
Subject to terms and conditions, this allows a client to switch hedge fund investments
Agecroft Partners, a hedge fund consultant and third party marketing firm, has been selected as the 2011 Best Third Party Marketing Firm in North America by Hedgeweek. The award was presented at a lunch at New York’s Gansevoort Hotel on Thursday, June 16.
The awards were decided by the votes of Hedgeweek’s nearly 20,000 US-based subscribers, who include institutional and high net worth investors as well as managers and other industry professionals at firms including fund administrators, prime brokers, custodians and advisers
Agecroft Partners was one of only two firms that won the same award at both Hedgeweek’s North American
The Honourable Jed S Rakoff of the United States District Court for the Southern District of New York entered a judgment against Defendant Shammara Hussain in SEC v. Feinblatt, 11-CV-0170, an insider trading case the SEC filed on January 10, 2011. The Judge also entered a stipulation and order of dismissal as to Defendant Trivium Capital Management LLC, a New York-based hedge fund investment adviser which has wound down its investment management business, in exchange for its agreement to cooperate and cease doing business.
The Complaint alleged that Robert Feinblatt, a co-founder and principal of Trivium, and Jeffrey Yokuty, a
Broadridge Financial Solutions, Inc has launched its post-execution processing solution for prime brokers and investment banks. Based on the market leading multi-currency trade processing and settlement platform, Gloss, the new solution offers international transaction settlement and real-time custody and financing services, enabling firms to boost reporting transparency and increase efficiency of operational processes.
Gloss’ new capabilities allow prime brokers to offer full settlement services to buy-side investment firms and hedge funds, automating security and currency transaction processing, enabling firms to manage books and records in real-time and facilitating efficient asset servicing. In addition, the solution offers clients global multiple central
Schroders has appointed Bob Jolly to a new role on its fixed income team as Head of Global Macro based in London. Jolly, who joins in September, will also take on lead portfolio management responsibility for a number of macro and multi-sector portfolios managed by a team of ten in London.
Current mandates include aggregate, sovereign and absolute return strategies with nearly USD15bn of assets under management. Jolly will also work with regional portfolio managers in Asia and the US to further develop Schroders’ global macro investment framework.
Jolly joins Schroders from UBS Global Asset Management where he was Head of
NYSE BondMatch, BYSE Euronext’s new Multilateral Trading Facility (MTF) designed to meet European user needs for transparency, liquidity and effective pre- and post-trade services on the euro-denominated bond market, has received regulatory authorisation and will begin trading on July 11, 2011.
“ We are very happy to announce the launch of NYSE BondMatch, a revolutionary order book-driven bond market that promises to bring real reform and new liquidity to corporate bonds trading in Europe,” says Roland Bellegarde (pictured), NYSE Euronext’s Executive Vice President for European Listing and Cash Trading.
NYSE BondMatch will enable professional investors to trade more
Stephanie Niven, Portfolio Manager – Fundamental Strategies at Javelin Capital LLP, has been awarded the Young Professional of the Year award at the Women in Banking and Finance (WIBF) 2011 Awards for Achievement.
The winners were revealed at a luncheon held at the Dorchester Hotel in London on 10th June 2011. Also honoured were: Carole Berndt, head of Global Treasury Solutions for Europe, the Middle East and Africa (EMEA) at Bank of America Merrill Lynch, who won the WIBF Award for Achievement; and Vanessa Vallely, Head of Business Management – Finance at Aviva Investors, who was named WIBF Champion for
Oddo Asset Management is stepping up its development and launching a dedicated M&A alternative management activity. This absolute performance strategy mainly consists of investing in companies which are takeover targets, taking advantage of the difference between the share price and the price offered by the buyer.
The fund was launched on 1 June, with the Oddo Group providing initial financing of EUR100m. The objective is to reach EUR300m in assets under management by end-2012, particularly from qualified European and Asian investors.
Guido Mundt, CEO of Oddo AM, says: "This launch is a perfect example of the synergies unlocked through the
