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Forward redemptions rise in December


23 December 2013 Connecticut
Reporter: Georgina Lavers

The SS&C GlobeOp Forward Redemption Indicator for December 2013 measured 5.9 percent, up from 5.09 percent in November...
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Maria Cristina Ricciardi joins Deutsche


20 December 2013 São Paulo
Reporter: Georgina Lavers

Deutsche Bank has hired Maria Cristina Ricciardi from Citigroup to act as its head of global transaction banking and head of trade finance and cash management corporates for Latin America...
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MarkitSERV reports to Hong Kong's TR


20 December 2013 Hong Kong
Reporter: Georgina Lavers

MarkitSERV, Markit's global electronic trade processing service for OTC derivatives, is reporting interest rates and FX derivative trades to the trade repository operated by the Hong Kong Monetary Authority. ...
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Walk and talk like a CCP


19 December 2013 London
Reporter: Georgina Lavers

Thinking like a CCP is the way to get ahead in the new cleared OTC world, was the conclusion formed from a recent whitepaper...
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CACEIS partner with Pioneer Investments


19 December 2013 Paris
Reporter: Daniel Jackson

CACEIS has been selected by Pioneer Investments to provide asset servicing and administration for the launch of its first French law fund, the Neuflize High Yield International 2018...
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Equity hedge fund inflows push industry assets to five-year high


19 December 2013 New York
Reporter: Daniel Jackson

Hedge fund assets under management have reached a 5-year high, according to a report by eVestment. The institutional investment research firm found that hedge funds are on track for assets to rise $256 billion in 2013, an 80 percent increase over th
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First Names goes Christmas shopping


18 December 2013 Luxembourg
Reporter: Georgina Lavers

The trust, fund and corporate service provider First Names Group has purchased Citadel Services PSF Sàrl in Luxembourg—its third acquisition of the year...
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BNY Mellon capitalises on CLO recovery


18 December 2013 London
Reporter: Georgina Lavers

BNY Mellon has been appointed trustee and portfolio administrator on Avoca Capital CLO X Limited, a €311 million collateralised loan obligation (CLO)...
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Svetlana Gryanchenko joins NSD


18 December 2013 Moscow
Reporter: Georgina Lavers

National Settlement Depository (NSD), Russia’s central securities depository, has appointed Svetlana Gryanchenko as director of the company’s cash settlement department...
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IOSCO publishes regulatory issues report


18 December 2013 Madrid
Reporter: Daniel Jackson

The International Organization of Securities Commissions has published its report on regulatory issues raised by changes in market structure, making four recommendations that seek to promote market liquidity and efficiency, price transparency, and in
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Hedge fund launches fall to three-year low


18 December 2013 Chicago
Reporter: Daniel Jackson

New hedge fund launches declined to the lowest level in nearly three years in Q3 2013, while the number of hedge fund liquidations rose to the highest level since Q4 2012, according to the HFR Market Microstructure Industry Report...