Latest News
Dan Kozlowski, a former Janus Capital Group portfolio manager, is returning to the firm on June 13, 2011 to spearhead Janus’ alternatives product expansion and to succeed David Decker as manager of Janus Contrarian Fund. Decker has decided to leave the company on June 30, 2011 to establish an independent asset management firm.
“David has been an excellent steward of capital during his time at Janus and he has served our shareholders well,” says Chief Executive Officer Dick Weil (pictured). “We wish him the very best and we hope to have the opportunity to work with him again once he
Veritas Asset Management (Veritas) has appointed Lucy Colback as Fund Manager and Investment Analyst to work across the group’s Asian Strategies.
Colback will report directly to Ezra Sun who will continue to lead the group’s three Asian products. She has joined to broaden the analytical coverage of Australia and Taiwan and to support Ezra in the day-to-day management of the group’s Asian funds.
Colback has 16 years of experience in Asian and Emerging Markets equities, including various senior roles at Horizon Asset Ltd; at Bear Stearns Asia Ltd as Managing Director of Research Sales; at Merrill Lynch as a
Hedge fund flows, as measured by the GlobeOp Capital Movements Index, were up 2.29% in May.
“After last month’s pause, investors continued their steady return to the hedge fund market,” says Hans Hufschmid, chief executive officer, GlobeOp Financial Services.
The GlobeOp Capital Movement Index represents the monthly net of subscriptions to and redemptions from hedge funds administered by GlobeOp, divided by the total assets under administration (AuA) for GlobeOp’s fund administration clients. Redemptions were slightly greater than subscriptions for the month of April.
Cumulatively, the GlobeOp Capital Movement Index for May 2011 stands at 132.48 points, an increase
The management board and the supervisory board of Deutsche Börse Aktiengesellschaft have made a joint statement recommending that the company’s shareholders accept the offer by Alpha Beta Netherlands Holding N.V under which they will receive one share of the Dutch holding for each share in Deutsche Börse. The Dutch holding will be the joint holding company of Deutsche Börse AG and NYSE Euronext in the combined company.
Reto Francioni, CEO of Deutsche Börse AG, says: “The combination with NYSE Euronext will drive significant long-term value for all shareholders through superior cash flow generation, a strong balance sheet and a clear
While there is no such thing as “typical” trading communications requirements for small- and medium-sized financial services businesses (SMBs), modular, more affordable unified trading communications platforms are emerging that can match firms’ individual needs. Download this new white paper now to see how these new systems can bolster productivity and profits for SMBs like hedge funds, asset and investment managers, and other specialty trading firms.
Discover the prevailing trends among small- and medium-sized financial services firms that lead to uniqueness in each firm’s technology requirements
Understand why SMB trading communications systems will need to become more adaptable to support greater
By Rick Morris – It wasn’t so long ago that hedge funds refused to countenance any kind of remote hosting solution. Concerns about security and speed of service plus a reluctance to relinquish control of the physical equipment were all legitimate reasons for keeping a technology system in-house. However, rapid developments in the area of cloud computing have brought about a change of heart among hedge fund managers.
Mark Smith, Managing Director of Asia for Savvis, a global leader in cloud infrastructure and hosted IT solutions for enterprises, comments: “High levels of security for managed hosting and cloud is of
Pulse Capital Partners LLC has teamed up with Hong Kong-based Ardon Capital Management to launch a new A
Early indications show that Asian hedge funds made modest returns for April with most strategies posting positive returns.
Asian hedge funds attracted a record USD3.6billion in net new capital in Q1 reported Hedge Fund Research this week; the largest quarterl
Global hedge funds are increasingly being drawn to Singapore on the back of Asian economic growth according the Monetary Authority of Singapore, reported Bloo
