Latest News
A recent report from IG Prime has found only 15% of senior management team members in hedge funds are women across the globe.
North Rock Capital Management LLC, the US hedge fund ($3 billion AuM) is opening its first Asian office in Hong Kong, according to a report from Bloomberg.
The hedge fund has opted not to follow suit, despite years of political unrest and Covid-19 restrictions in the city, and has recruited former Credit Suisse prime broker, Simon Chow, to lead the new project.
Exabel, a data and analytics platform for investment teams, has partnered with People Data Labs (PDL) to deliver a powerful new insights capability for PDL’s investment research clients.
The People Data Labs Insights Platform will provide hedge funds and asset managers with curated insights based on the largest B2B people dataset available on the market.
This offering will provide users with easy to navigate dashboards, visualisations and KPI monitoring capabilities, and aid in the idea generation process by flagging trend shifts in People Data Labs’ datasets.
Goldman Sachs Asset Management has been appointed to provide fiduciary management services to two UK pension schemes within the Short Brothers Common Investment Fund (Common Investment Fund) with assets totalling £1.6 billion.
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.
