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Showing 171 - 180 of 1327 results for "Hedge Fund"

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
Australian regulators expect institutions to cease the use of LIBOR in new contracts before the end of 2021. ASIC, APRA and the Reserve Bank of Australia have reiterated the importance of ensuring a timely transition away from the London Interbank Offered ...

Fund administrator eyes Australia

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
A Singapore-based fund administrator will establish full-service operations in Australia as it sees an opportunity in the local market. Ascent Fund Services currently services about US$7 billion in assets. This includes 150 products across six Asia ...

GAM hires from BlackRock

JAMIE WILLIAMSON  |  TUESDAY, 1 JUN 2021
... business team. Prior to that she spent several years at Credit Suisse in both Sydney and Hong Kong, focused on the hedge fund space. McFadyen will report directly to her fellow BlackRock alumnus, GAM head of Australia Alex Zaika, who said: "We are delighted ...

BTIG names co-heads of APAC

KARREN VERGARA  |  TUESDAY, 18 MAY 2021
... solutions. Harrison joined BTIG in October 2009, working as an executive director across sales, outsourced trading, hedge fund consulting and prime brokerage before his promotion to Singapore chief four years ago. Leung has been the head of electronic ...

Evergreen partners with Generation Life

KANIKA SOOD  |  MONDAY, 3 MAY 2021
Evergreen Consultants has launched a multi-asset portfolio with 18 external managers that is implemented via Generation Life's tax-effective structure. The Evergreen Responsible Growth Model is a tax-effective investment bond that will target a ...

BNY Mellon partners with FRT

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
BNY Mellon clients will now benefit from the investment giant's use of Financial Recovery Technologies' securities class action recovery services. The two firms have entered a strategic alliance which will see BNY Mellon use FRT's suite of class action ...

VGI appoints chief executive

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
The Sydney hedge fund has hired a former head of BlackRock's Australian ETF business as its chief executive. Jonathan Howie was appointed to the role by the board of VGI Partners, which is chaired by Robert Luciano. The appointment is effective ...

Credit Suisse confirms multibillion-dollar loss

JAMIE WILLIAMSON  |  WEDNESDAY, 7 APR 2021
... incur a pre-tax Q1 loss of $1.25 billion including a charge of $6.13 billion in respect to "the failure of a US-based hedge fund" which international media outlets are reporting to be Archegos Capital. Archegos Capital defaulted on margin calls from ...

Changes on Lazard Aussie equities fund

KANIKA SOOD  |  THURSDAY, 18 MAR 2021
... committee. Lazard has also hired Justyna Mignani as an analyst on the team. She previously worked at long/short value hedge fund in the United States, according to Morningstar which has retained its bronze rating on the fund after the personnel changes. ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... this year Mainstream agreed to pay $5.1 million as part of a confidentiality settlement agreement affecting its US hedge fund administration subsidiary. "The proposed settlement is on a no admission of liability basis, and if court approval is received ...