Sascha Bloemhoff has been appointed as managing director of Climex, a pan-European organisation which provides a marketplace for trading and auctioning environmental commodities and energy contracts. Bloemhoff takes over the position of Axel Posthumus who was the founder of Climex
Swiss Investment Managers has appointed Kevin Ryan, Andrew Garai as Non-Executive Directors of the firm. At the same time it has named Melina Panagos as COO and Head of Compliance. The appointments follow the successful launch of the Directors Dealings
Trident Fund Services has appointed Brenda M Mauro as Head of North America Business Development. Mauro will support the expansion of the Trident Fund Services business in the US and abroad. Ms Mauro previously held positions at RK Consulting
Funds investing in Latin America – mostly based in Brazil – enjoyed outstanding results between 2002 and 2004. <
Bank of New York Mellon has agreed to acquire ARX Capital Management, an independent asset management business headquartered in Rio de Janeiro that specialises in Brazilian multistrategy,
The Swiss banking group Syz is continuing its expansion in Asia by extending the operations of its Hong Kong office. In addition to alternative asset management, which has been available since January 2007, Syz will also promote and distribute its
NYSE Euronext is creating the first pan-European multilateral trading facility for corporate bonds, making it the first market operator to respond to the specifications issued by the Cassiopeia Committee on 26 April 2010. The new platform will be open to
Citi has introduced a new operating model for hedge funds, designed to help managers launch, manage and build successful hedge funds without excessive investment in non-core functions. Citi Prime Finance’s Hedge Fund 3.0 details an outsourcing and partnership framework to
Managed futures posted a slightly positive performance for June as commodities edged higher during the month, according to a report by Lipper Tass. Trend followers generally ended the month in positive territory as they were able to benefit from the
BlackRock is to acquire 100 per cent of the equity interests in eFront, an end-to-end alternative investment management software and solutions provider, from private equity firm Bridgepoint and eFront employees, for USD1.3 billion in cash. The combination of eFront with
