All news

BTIG launches convertible securities business

BTIG, a broker dealer specialising in institutional trading and related brokerage services, has launched a US convertible securities business to complement its existing equities, derivatives, fixed income and prime brokerage groups. »

Cavendish appoints Tyrone Long as sales manager

Cavendish Asset Management has appointed Tyrone Long as sales manager as part of its ongoing expansion programme in the retail market. »

Former Macquarie portfolio manager restrained from leaving Australia

The Australian Securities and Investments Commission has obtained consent orders in the Supreme Court of New South Wales restraining former Macquarie Bank portfolio manager Oswyn De Silva from leaving or attempting to leave Australia. »

Fairbairn adopts Equipos client reporting platform

Fairbairn Private Bank has upgraded its client communications processes with the addition of Equipos Coric Straight Through Reporter. »

Guernsey funds continue to recover

The value of investment funds in Guernsey increased by GBP2.7bn, or 1.5 per cent, during the final three months of last year. »

Tokio Marine expands business development team

Tokio Marine Asset Management (London), the Japanese and Asian equities specialist, has appointed David O'Keeffe as vice president, business development. »

Babson assumes management of five Jefferies CLOs

Babson Capital Management, an investment management firm based in Massachusetts and North Carolina, has closed five collateralized loan obligations with more than USD1.7bn under management. »

Ladenburg appoints Bruce Silver as a regional sales manager

Ladenburg Thalmann Financial Services has hired Bruce Silver as northeast regional sales manager for its subsidiary, Ladenburg Thalmann & Co. »

Global bond funds set record inflows in early March

In the week ending 3 March global bond funds posted their biggest weekly inflow in over a decade while global equity funds took in the most money since October 2007, according to EPFR Global. »

Alter Domus opens an office in Mauritius

Alter Domus, a provider of outsourced administration services, has opened an office in Mauritius. »

Evercore Partners acquires interest in Atalanta Sosnoff

Investment banking advisory firm Evercore Partners has acquired an interest in Atalanta Sosnoff Capital. »

RBC launches US Treasury index rebalanced daily

RBC Capital Markets has launched the RBC Total Return US Treasury Index, a benchmark index for investors in US Treasuries with bonds rebalanced on a daily basis. »

Knight Libertas expands fixed income research team

Knight Libertas, a subsidiary of Knight Capital Group, has expanded its fixed income research team with the appointment of Charles R. Mounts as managing director and Christopher A. Recouso as director. »

Broadpoint names Michael Voelker head of investment grade group

Broadpoint Capital, a broker-dealer subsidiary of Broadpoint Gleacher Securities Group, has appointed Michael Voelker as head of the investment grade group in its debt capital markets division. »

FIG Partners launches fixed income business

FIG Partners, an employee-owned broker/dealer specialising in bank and thrift stocks, has launched a fixed income business. »

Aros Capital to launch altruistic investment fund

Aros Capital Partners, an Anglo Danish investment manager, is launching a UK-managed global altruistic opportunities fund in the second quarter of 2010. »

IAI names Pinnacle Advisory Group as latest money manager

Investment Advisors International, the affiliate investment advisory firm of World Financial Group, has named Pinnacle Advisory Group as its newest third-party money manager. »

Canaccord Financial to acquire Genuity Capital Markets

Canaccord Financial has signed a definitive agreement to acquire Genuity Capital Markets, creating a full-service independent investment bank. »

Sales flows for Asian funds total USD95m in 2009

Sales flows for Asian funds totalled USD95bn in 2009, the smallest volume since 2004 and just 19 per cent of the sales in Asia’s peak year of 2007, a report by Lipper shows. »

BTIG expands fixed income sales team

BTIG, a broker dealer specialising in institutional trading and related brokerage services, has hired Alexander Piper and James Zurovchak to its fixed income group. »