Advent Software, a provider of software and services for the investment management industry, is making Capital IQ and Tamale RMS data available via a single dashboard view.
Interactive Data, a provider of financial market data, analytics and related solutions, has been acquired by investment funds managed by Silver Lake and Warburg Pincus.
The US Commodity Futures Trading Commission has charged Robert Mihailovich, Sr., and Growth Capital Management, both of Rockwall, Texas, with fraudulent solicitation in connection with the trading of commodity futures contracts and leveraged foreign currency.
Article Tag:
US Commodity Futures Trading Commission, Robert Mihailovich, Growth Capital Management, Texas
State Street Global Markets, the investment research and trading arm of State Street, has launched its Turbulence Indices, a suite of indices that measure the unusualness, or turbulence, of market behaviour on a daily basis.
Fidessa group, a provider of trading, connectivity and market data solutions for the buy-side and sell-side, has added SBI Japannext Securities, a Japanese proprietary trading system, to its global FIX network.
Asset manager RAB Capital made a loss before tax of GBP3.3m in the six months ended 30 June 2010, compared with a loss of GBP2.7m for the same period the previous year.
Guernsey’s government plans to give financial institutions a window from 1 January 2011 to 1 July 2011 for moving to automatic exchange of information.
Article Tag:
Guernsey, automatic exchange of information, EU Savings Tax Directive
Fund managers are increasingly turning to equity and asset allocation as the number of fixed income funds in the absolute returns sector falls, says Standard & Poor’s Fund Services in its latest sector review.
Article Tag:
absolute returns sector, equity and asset allocation, Standard & Poor?s Fund Services
The BP oil spill in the Gulf of Mexico has potentially large implications for the energy sector with the cost of the spill being estimated at USD32.2bn, according to ETF Securities.
Battenkill Capital Management, a Princeton, New Jersey-based investment adviser, has been engaged as a sub-adviser by Hatteras Alternative Mutual Funds, a provider of alternative investment mutual fund products.
Article Tag:
Battenkill Capital Management, Hatteras Alternative Mutual Funds
The average price for assets on the secondary hedge fund market rose to 78 per cent after shaking off some of the fallout from May’s European debt crisis, according to Hedgebay’s June index.
FRM Capital Advisors, the hedge fund seeding division of Financial Risk Management, and Varna Capital have formed a relationship which involves FRM making a significant investment in Varna’s first fund.
Alpha Strategic, which delivers hedge fund fee revenue to the public market, saw its revenue rise to GBP441,000 in the year ended 31 March 2010 from GBP342,000 at 31 March 2009.
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.
The Morningstar 1000 Hedge Fund Index fell 0.3 per cent in June, ending the quarter with a 3.6 per cent loss and down 2.2 per cent for the year to date.
