Latest News
Fulcrum Asset Management has appointed Chris DeMeo as head of solutions, North America.
Active asset manager J O Hambro Capital Management (JOHCM) has appointed Frederic Lejeune as managing director and country head Frabelux, the opening of a new office in Paris and the creation of a new corporate entity in France to serve clients across the region.
Lejeune will be responsible for sales in France, Belgium and Luxembourg for JOHCM, reporting to Head of Distribution EUKA, TJ Voskamp.
Most recently, he was president and managing director for Robeco France.
Trium Capital LLP (Trium), the multi-PM alternative asset manager, has appointed Rosie Duffell as managing director of Sales & Investor Relations.
Transaction Network Services (TNS) has enabled existing and new customers to seamlessly move trading operations from Basildon, England to Bergamo, Italy and directly access the Euronext exchange matching engine, with operations now live in IT3.
This includes customers that have taken space in the Bergamo colocation facility and those that have chosen to connect to Euronext from outside the colocation facility.
Euronext is in the process of migrating its primary data center and re-locating its colocation services to the Aruba Global Data Center IT3 in Bergamo. Rehearsal testing took place last month and an exchange go-live is due in early
White Mountains Insurance Group, Ltd (White Mountains) has signed a definitive agreement to sell NSM Insurance Group (NSM) to investment funds affiliated with global investment firm Carlyle.
The transaction values NSM at $1.775 billion.
White Mountains expects the transaction will result in a gain of approximately $280 to its adjusted book value per share and will increase undeployed capital from c$0.4 billion to c$1.7 billion.
JP Morgan Securities LLC acted as exclusive financial advisor, and Cravath, Swaine & Moore LLP served as legal counsel, to White Mountains and NSM. Holland & Knight LLP also acted as legal advisor to NSM
Advisor Group, the nation’s largest network of independent wealth management firms, has appointed Dimple Shah as executive vice president of Corporate Strategy and Iryna Northrip, CFA®, as Chief Compliance Officer, Investment Advisory.
The 2022 Alternative Investment Allocator Survey, conducted by law firm Seward & Kissel LLP, found that 41% of participants anticipated that their firms would increase allocations to digital assets in 2022, more than triple the number from last year’s survey.
BNP Paribas Asset Management (BNPP AM) has launched a BNP Paribas Sustainable Asian Cities Bond fund, a Luxembourg-domiciled sustainable thematic fixed income fund offering investors exposure to a differentiated strategy that is both regional and thematic.
This is the first Asia-focused fixed income strategy in the market classified as SFDR Article 9 and will focus on Asia ex-Japan bonds, to capitalise on a geographic region that is experiencing strong growth in the issuance of sustainable-labelled bonds.
The fund will contribute to the promotion of sustainable Asian cities to meet the challenges of increased urbanisation, impacts of physical climate change and
Hedge funds posted gains in April, as global equities and bonds suffered historic declines, accelerating an unprecedented hedge fund outperformance trend driven by powerful, broad-based gains across macro sub-strategies, according to data released today by HFRI.
North East financial advisory firm, Lowes Financial Management, has strengthened its leadership team with the appointment of Andy Gardiner as its first associate director.
