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The International Capital Market Association’s office in London will be moving on 30 July to a new location.
The new premises, at 23 College Hill EC4R 2RP, are located in the City of London.
The ICMA will be welcoming members there for courses, seminars and committee meetings from September.
Tokyo-based Finnowave Investments is gearing up to win new mandates from local pensions following the award of a discreti
Geneva-based private bank, Syz & Co, is embarking on a major growth initiative across Asia, with Daniel Ghirardi
A new fixed income long/short fund has been launched by globally acclaimed economist, Dr.
Since forming in June ’08, the JV between Hong Kong-based research house, GaveKal Asia, and London heavyweight,
Superfund is focussing its investment lens on Japan’s retail investors, with the launch of Superfund Blue Japan.
State Street Global Markets, the investment research and trading arm of State Street, has launched its Turbulence Indices, a suite of indices that measure the unusualness, or turbulence, of market behaviour on a daily basis.
The indices aim to help investors stress test their investment strategies, build more versatile portfolios and scale risk exposure.
They cover US and European equities, currency, US fixed income and global asset classes.
Each index provides a single, daily measure of turbulence based on the abnormality of its constituents’ returns on that day.
Unusualness and abnormality can result from extreme events that move volatility up
Fidessa group, a provider of trading, connectivity and market data solutions for the buy-side and sell-side, has added SBI Japannext Securities, a Japanese proprietary trading system, to its global FIX network.
The market data from the proprietary trading system is also provided through the Fidessa network.
SBI Japannext Securities operates the proprietary trading system Japannext PTS. According to research conducted last year, Japannext PTS showed the same or improved prices compared to the main exchange for more than 40 per cent of the total trading hours. In addition, the venue blotter had around five per cent of the order quantity
Asset manager RAB Capital made a loss before tax of GBP3.3m in the six months ended 30 June 2010, compared with a loss of GBP2.7m for the same period the previous year.
The basic and diluted loss per ordinary share was 0.49 pence, compared with a loss of 0.43 pence per share in 2009.
RAB’s net income fell 13.6 per cent to GBP8.2m from GBP9.4m in June 2009.
Assets under management were USD1.26bn at 30 June 2010, compared with USD1.35bn in December 2009, after a reduction of over USD63m from restructured funds.
Net current assets and investments totalled GBP93.6m at
Goldman Sachs has launched its Derivatives Clearing Services business.
DCS provides clients with a global over-the-counter clearing service for interest rates, credit, foreign exchange, equities and commodities.
Goldman Sachs DCS is an agency business designed to streamline the client derivatives clearing experience across products, asset classes and regions.
It builds upon the firm’s prime brokerage and futures clearing platforms to maximise efficiency and provide an integrated suite of tools and reporting for clients.
“In partnership with our clients, regulators and multiple clearing venues, we are committed to improving market structure for derivatives,” says Michael Dawley, managing director and co-head
