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Turcan Connell, a Scottish firm of solicitors and asset managers, has launched an app that allows users to calculate how much Gift Aid could boost their charity donations.
Free to download from the Apple App Store and designed for both the iPhone and iPad, Turcan Connell hopes that its launch will remind the public just how valuable their donations can be to a charity.
“When you consider that GBP750m of potential revenue is lost to charities each year through Gift Aid not being utilised, it becomes clear how important it is to encourage donors to make best use of
A new wave of global regulatory reform, combined with the prospects for renewed growth in the investment management industry, will deliver a "one-two punch" for fund administrators in 2011, according to Confluence, a provider of automated data management solutions.
Confluence believes that this will lead to transformation of the back office, with fund administrators investing in their IT infrastructure to keep up with increased demands.
The changes will impact the global fund industry – from already highly regulated mutual funds to hedge funds, which are positioned to be the new frontier for regulation and back-office transformation.
"Fund administrators will be
Dublin-based alternative investment manager Abbey Capital has appointed David McCarthy as a non-executive director.
McCarthy is a prominent figure in the alternative investment business with a distinguished track record of investment management since 1977. He has extensive experience in the managed futures industry and is also a respected educator and commentator on the industry.
Most recently McCarthy served as Chief Investment Officer of Absolute Return Strategies with Sciens Capital Management in New York. In 2002, he co-founded Martello Investment Management, a specialist fund of funds and advisory firm concentrating on absolute return hedge fund strategies including global macro and
Headstart Advisers is looking to build on the success of its Limestone Wider Russia Fund with the launch of the new Limestone Global Emerging Markets Fund.
Headstart says the fund will look to exploit the inherent value and growth in emerging markets as the world undergoes a huge shift in wealth away from the developed markets to the thriving, less indebted emerging markets in the developing world.
The fund will have a medium term investment horizon seeking capital appreciation with a focus on liquidity and Headstart’s in depth proprietary research.
There will initially be a bias to the liquid markets
Blackstone Advisory Partners vice chairman, Byron R Wien, has issued his 26th annual list of ‘surprises’ for the coming year.
The first list was issued way back in 1986 when Wien was the Chief US Investment Strategist at Morgan Stanley and as ever this year’s edition consist of political, economic and financial market predictions that the average investor would only assign a one out of three chance of taking place but which Wien believes are “probable”, having a better than 50% likelihood of happening.
The surprises…
The continuation of the Bush tax cuts coupled with the extension of unemployment benefits
Eze Castle Integration has expanded its West Coast team with the addition of Regional Service Director Michael (Mike) Hartig (pictured) and Technology Director Zachary (Zach) Lehman.
Both Hartig and Lehman previously served as hedge fund senior technology officers and bring extensive technology and client service expertise to the company.
As service director of West Coast operations, Hartig will build upon the strong growth and success of Eze Castle’s Los Angeles and San Francisco operations to extend the company’s reach further within California and the West Coast region. In the role of technology director, Lehman’s primary focus is serving as a
Oddo & Cie’s Executive Committee has appointed Nicolas Wirz (pictured) as Managing Director of Oddo Securities.
Wirz replaces Charles-Henri de Trédern, Managing Partner of Oddo & Cie, who is taking over as Head of the Group’s Human Resources department.
As a member of the Executive Committee, Nicolas Wirz will supervise all of Oddo Securities’ activities: equity trading, bond trading, equity research and credit research.
Wirz brings has 25 years of experience in financial markets, notably at Morgan Stanley where, from 1995 to 2006, he was Managing Director Equity for continental Europe and Managing Director of Morgan Stanley International
Insch Capital Management has opened new offices and relocated the domicile of the firm to the Swiss canton of Zug.
Over the last several years, Insch has experienced substantial growth in its primary business of currency investment management and has also established a number of new complementary activities. These include Enhanced Structured Portfolios, Active Advisory, Wealth Management and, more recently, Commodity Trade Finance.
Insch Quantrend, the quantitative research and analysis activity of Insch will remain in Lugano as a branch office.
“This is a very exciting time for Insch," says Christopher Cruden (pictured), CEO. "The growth of our business demands
Deutsche Bank’s Global Prime Finance business has launched GlobalPrime Mobile, a Prime Services mobile application for the iPad and iPhone.
GlobalPrime Mobile allows clients to quickly retrieve daily margin information, and access portfolio reporting and analysis tools. The application provides a powerful set of filters to streamline report selection for mobile device users.
“As an industry leader*, we are pleased to launch cutting edge technology to meet the dynamic needs of our sophisticated client base,” says Barry Bausano, Co-Head of Global Prime Finance and Head of Global Markets Equity in North America.
Jonathan Hitchon, Co-Head of Global Prime Finance, adds:
Agecroft Partners predicts 2011 will be a very good year for flows into the hedge fund industry, despite the recent negative publicity generated from the insider trading scandal.
This conclusion is based on several dominant and emerging trends identified through conversations with more than 300 hedge fund organisations and 1,500 institutional investors during 2010. These trends include: decreased competition from large prominent hedge funds; improvement of capital flows across most major hedge fund investor segments including endowments, foundations and hedge fund of funds; a large increase in hedge fund launches; increased allocations to small and medium sized hedge funds; and
