Archive for the ‘Press Releases’ Category

NETIK NAMES ISHAN MANAKTALA TO LEAD ASIA PACIFIC EXPANSION

NEW YORK - May 25, 2010 – Netik LLC, a Symphony Technology Group (STG) company, and a global leading provider of financial data management and reporting services and products, announced today its expansion in the Asia Pacific region with the appointment of Ishan Manaktala as its managing director and head of Asia. He will sit [...]

OPUS FUND SERVICES NAMED FASTEST GROWING ADMINISTRATOR

BERMUDA, March 4 /PRNewswire/ — Opus Fund Services, announced today that it has been named the “Fastest growing hedge fund administrator” in the latest semi-annual survey conducted by HedgeFund.Net. The survey includes data from over 60 of the world’s leading firms, and is an excellent representation of the fortunes and trends within the fund administration [...]

OANDA LAUNCHES FREE FOREX TRADING APPLICATION FOR iPHONE (R)

NEW YORK, May 18 /PRNewswire/ — OANDA Corporation, provider of innovative online foreign exchange (forex) services and the world’s most accurate currency data, has launched an iPhone app for fxTrade™—the company’s award-winning forex trading platform.  Available as a free download from Apple iTunes, this mobile version gives users the same tight spreads and much of the trading [...]

FUND OF FUND MANAGERS TO ENHANCE TRANSPARENCY, EXAMINING FEES, SERVICE PROVIDER RELATIONSHIPS

NEW YORK, May 27 /PRNewswire/ — International accounting and advisory services firm Rothstein Kass (www.rkco.com) today announced the release of “Call to Action,” a survey report on key trends impacting the fund of funds sector. Results were based on online and / or telephone interviews with 103 fund of fund managers and executives representing a [...]

FUND MANAGERS, OTHERS RIDE SOCIAL MEDIA WAVE, SURVEY FINDS

CHICAGO, May 24 /PRNewswire/ — Even as social media platforms like blogging, Facebook, Twitter and LinkedIn experience phenomenal growth on a global scale, financial services professionals are making their own strides at tapping into their networking power – despite oft-cited concerns over running afoul of FINRA regulations over allowable communications.
Most of the respondents (82 percent) [...]

RBC Hedge 250 Index Had Net Return of -0.18 Per Cent

RBC Hedge 250 Index had a net return of -0.18 per cent in January, and has averaged an annual net return of 3.97 per cent.  The RBC Hedge 250 Index is comprised of 250 hedge funds and has become one of the more representative investable indexes of the hedge fund industry’s performance.
The full text of [...]

LaCrosse Global Fund Services and RiskMetrics Group Partner to Offer Clients Further Access

The partnership between a leading hedge fund administrator and a leading provider of risk management and corporate governance services enables hedge fund clients to better represent their fund’s risk.  RiskMetrics allows LaCrosse clients access to their applications at no charge.
The full text of the press release is reprinted below, and can also be found here.
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LaCrosse [...]

Mallon P.C. Announces Creation of Easy-to-Use NFA Self-Exam Checklists

Hedge Fund Law Firm creates NFA required self-examination checklists to assist all types of CFTC registered managers. The checklists can be downloaded online at http://www.hedgefundlawblog.com/
San Francisco, CA (PRWEB) February 9, 2010 — In an effort to better serve firms registered with the Commodity Futures Trading Commission (“CFTC”), Mallon P.C. has developed a set of easy-to-use [...]

MFA AND CTHFA ALLIANCE UNIFIES FUND INDUSTRY

MFA aligns with Connecticut Hedge Fund Association (CTHFA) in order to broaden a mutual understanding of the market’s issues. Connecticut hosts one of the largest concentration of hedge fund firms in the country.
The full text of the press release is reprinted below, and can also be found here.
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MFA Announces Alliance With Connecticut Hedge Fund Association
WASHINGTON, [...]

ConvergEx Acquires Boutique Prime Brokerage Business

Acquisition of NorthPoint Trading Partners Adds Established Boutique Prime Brokerage Platform to ConvergEx’s Suite of Services
New York, November 23, 2009 - ConvergEx, a leading provider of investment and execution technology solutions to institutional clients worldwide, today announced that it has signed a definitive agreement to acquire NorthPoint Trading Partners, LLC. With this acquisition, ConvergEx will [...]