Latest News
Greenwich Associates, the US-based financial consultancy, has released a report highlighting the ne
Hong Kong-based Janchor Partners, run by John Ho, has topped USD100 million for its Jan
Deutsche Bank has seen a surge in its custodial services across Asia in 2010.
Tokyo-based Rogers Investment Advisors K.K., has won a USD90 million mandate from a Japanese institutional investor, bringing the firm’s Wolv
Alternative asset manager Oakley Alternative Investment Management is broadening its range of strategies with the launch of Oakley Opportunities Fund.
The Oakley Opportunities Fund is the second fund of funds from the firm following the Oakley Absolute Return Fund.
It aims to generate high absolute returns over time by running a concentrated, thematic portfolio, investing across selected hedge fund strategies and investment themes.
It will have up to five key themes at any one time, typically invested across ten to 12 underlying funds.
The fund launched on 1 July in response to client demand for a more concentrated, purely thematic
Xtrakter, a provider of over-the-counter post trade services and data to the capital markets, is entering into consultation with members of its user community and other market representatives to discuss the development of a European managed trade repository for all asset classes.
Yannic Weber, chief executive officer of Xtrakter, says: “Xtrakter has a long established history of operating a data repository and is already the leading source for OTC fixed income data in Europe. We currently provide a range of regulators, aggregators and end clients with trade matching, transaction reporting and data services.
“Given our position as a major reporting
Woodbine Associates has appointed Sean Owens as director, fixed income/derivatives.
Owens will focus on analysis of strategic, business, regulatory, market structure and technology issues in the fixed income and derivatives markets.
He will also lead consulting engagements for firms impacted by such issues.
Owens has more than ten years’ experience in the fixed income and currency markets as a derivatives trader. During that period, he was vice president at Gen Re Securities where he traded, structured and managed the risk for trading books within the major currencies. He also has consulted with a range of businesses on strategic and
NYSE Euronext has migrated the NYSE Arca options and NYSE Amex options markets to the Universal Trading Platform.
This migration marks a step in the expansion of the Universal Trading Platform, NYSE Euronext’s end-to-end trading solution.
It follows the migration of the NYSE Arca equities market in January.
NYSE Euronext says its US options trading customers will now benefit from improved performance, while still maintaining the ability to trade options on separate market models with unique attributes.
Customers can continue to choose between the price-time priority model on NYSE Arca and the more traditional pro-rata/customer priority model on NYSE Amex.
Copia Capital, a Chicago-based investment adviser, has completed the transition of operational responsibilities away from FrontPoint Partners, launching the firm with USD520m in assets under management.
FrontPoint is an asset management firm specialising in absolute return strategies.
Since 2002, Copia has acted as investment adviser for FrontPoint’s utility and energy exposures. FrontPoint will remain a strategic investor with Copia, and Copia will continue to manage assets for FrontPoint.
The launch completes Copia’s transformation into an independent, full-service investment adviser. As part of this development, the firm has broadened equity ownership among its partners. Copia’s new status has also
Building on decent absolute performance in the second half of 2009, funds of hedge funds managers have continued to improve liquidity in portfolios, maintaining significant allocations to long/short equity hedge and global macro, according to the latest review published by Standard & Poor’s Fund Services.
“FOHFs managers have taken a variety of steps to improve liquidity in portfolios, including investing with hedge fund managers by way of managed accounts, restricting investment to the more liquid strategies, and setting up new funds of funds that invest in Ucits III-regulated products,” says S&P Fund Services lead analyst Randal Goldsmith.
Reacting to these
