The world’s population of high net worth individuals is growing at 17.1 per cent, according to Capgemini and Merrill Lynch Global Wealth Management’s 14th annual World Wealth Report. The report indicates that emerging wealth recovery has nearly recouped 2008 losses,
By James Williams – With risk/on, risk/off sentiment having dominated the markets for the last 18 months, trade volumes among hedge funds – which prime brokers rely on – have dropped away. This has impacted on another key revenue driver
Sapient Global Markets has been certified under the Eris Certified Implementation Partner Programme. With firms looking for new ways to bring OTC products to market in response to regulatory mandates including Dodd-Frank, Sapient Global Markets will use its derivative industry
By James Williams – With the search for alpha harder than ever, hedge fund managers are subsequently becoming more creative in how they trade: greater use of synthetic products and OTC derivatives has made the trading environment more complex, requiring
ING’s global securities finance team has hired Colin Bugler to head its new synthetic portfolio solutions team, reporting to Richard Pryce, head of equity lending and repo. The creation of the synthetic portfolio solutions team, which incorporates the contracts for
Itiviti, a technology and service provider for the capital markets industry, has appointed Linda Middleditch as Chief Product Officer. An experienced strategy and change management specialist, Middleditch joins Itiviti from Bloomberg LP, where she most recently was Global Head of
The Australian Securities & Investments Commission has started daily reporting of aggregated short positions, which will be published on the ASIC website. Short sellers have been required to report short positions to ASIC following the introduction by the Federal Government
Interview with Darren Stainrod – “In the coming year, the biggest impact on administrators is going to be FATCA and the amount of reporting on investors that’s going to be required and whether that reporting is going to be to
WyeTree Asset Management has launched its latest fund, the WyeTree Yield Distribution Fund, as an Irish master/feeder structure. The fund will be managed by a London-based team led by Judith Sciamma (pictured) and will be investing in the mortgage-backed securities
By Ashley Gunning, Walkers – Twelve months on from the Weavering decision it is interesting to look at how the approach to corporate governance has evolved amongst our clients. Although the decision did not in itself create any new law,
