Markit acquires Communicator; strengthens service capabilities
Markit has acquired Communicator Inc, the provider of a range of automated solutions for the processing of OTC derivatives trades.
Markit has acquired Communicator Inc, the provider of a range of automated solutions for the processing of OTC derivatives trades.

Citi Capital Advisors has appointed Mahmood Noorani as portfolio manager for its global macro strategies team, which provides the investment management services for the CCA Global Macro Fund. Noorani brings to the team 20 years of experience at financial institutions,
Barclays Capital, the investment banking arm of Barclays Bank PLC, has signed up to receive order flow from Fidessa’s global connectivity network.
Schroders acquisition of NewFinance Capital, the London-based funds of hedge funds manager, is now complete following receipt of FSA approval.

The 2010 Guernsey Funds Forum on 26 May in London will bring together industry experts to debate the implications of the British General Election. Hosted by ITV News Anchor, Alastair Stewart and with prominent panellists such as John Moulton the
Utrecht-based Finles Capital Management has launched the Star Selector Fund, with investors only paying a performance fee.
Hedge Fund Research has signed a deal under which Mercer IC and its clients will have access to extensive data on single strategy transparent hedge funds.

Japan’s fund management sector needs to develop attractive products focused on fast-growing Asian economies and shift to a more incentive-based compensation structure to attract key talent, add clients and lift profit margins, according to a white paper by Casey Quirk
Fund administrator Investment Data Services (IDS) has joined forces with insurance broker Glenrand MIB to provide affordable insurance cover to clients.