Activist hedge fund manager CIAM has written to shareholders of French reinsurer SCOR to warn of significant corporate governance deficiencies at the firm, and has called on the company to postpone its upcoming AGM.
Swedish hedge fund firm Bodenholm Capital is to close after Brummer & Partners, one of the major investors in its funds, announced its decision to withdraw capital.
Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, has added Steven Berns to the company’s Board of Directors, effective 3 April, 2020.
Digital assets trading firm BiKi.com has listed ICON (ICX), a Top 40 CoinMarketCap project from Korea that boasts one of the largest communities in the entire blockchain space.
Hedge fund strategies of all stripes have posted sizeable losses so far this month as fears over the coronavirus outbreak ripped through global markets, new data from Hedge Fund Research shows.
RIMES and SOTERIA complete initial product integration for unified market manipulation and insider dealing detection service
RIMES, a specialist in data management and RegTech solutions, and SOTERIA, a real-time communication compliance and surveillance solution, have completed an initial product integration phase as they look to provide financial firms with a comprehensive monitoring solution to facilitate compliance with anti-market manipulation and insider dealing rules and regulations.
Once regarded as something of a fringe concern, responsible investing and ESG (environmental, social and governance) themes have steadily gained momentum in recent years, becoming a key component in many of the world’s biggest and most successful hedge fund strategies.
An extended period of stress, brought on by the Covid-19 pandemic, may put downward pressure on European CLO ratings, according to a new report by S&P Global Ratings.
UMB Fund Services (UMB) has hired Mike Huisman as senior vice president, director of transfer agency.
Short selling is falling under closer regulatory scrutiny following recent turmoil - but industry observers are highlighting its “valuable” role in market efficiency amid heightened volatility and performance dispersion.