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Hedge funds down in June


21 July 2011 New York
Reporter: Ben Wilkie

The latest Eurekahedge report has found that hedge funds fell for the second consecutive month, with the Eurekahedge Fund Index losing 1.22 per cent during June...
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MIK launches equity finance and tracking system


19 July 2011 New York
Reporter: Ben Wilkie

MIK Fund Solutions has released a comprehensive and integrated equity finance tracking and optimisation system for hedge funds and asset managers...
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AQR launches new multi-strategy alternative mutual fund


18 July 2011 Greenwich
Reporter: Steven Lafferty

AQR Capital Management has launched AQR Multi-Strategy Alternative Fund (ASANX/ASAIX), the newest addition to its mutual fund family, many of which attempt to increase income or total return through the use of securities lending.......
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FRSGlobal bids for Lombard Risk


18 July 2011 London
Reporter: Ben Wilkie

FRSGlobal, a subsidiary of Wolters Kluwer has made a takeover approach for collateral management software provider Lombard Risk...
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DB heads trade places


14 July 2011 London
Reporter: Ben Wilkie

Deutsche Bank has made changes to its senior securities lending personnel in London and Asia...
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Innodata launches docGenix division


13 July 2011 New York
Reporter: Ben Wilkie

Innodata Isogen has announced the launch of a new division, docGenix, , providing software products and services that help financial institutions manage large portfolios of legal and trade agreements...
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SunGard expands Valdi to include BondMatch


12 July 2011 Paris
Reporter: Ben Wilkie

SunGard has extended its Software-as-a-Service (SaaS)-based market connectivity to NYSE BondMatch, the European Multilateral Trading Facility (MTF) launched by NYSE Euronext for professional investors to trade corporate, financial and covered bonds..
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US pension plans post slight gain during June


12 July 2011 New York
Reporter: Ben Wilkie

The aggregate deficit in pension plans sponsored by S&P 1500 companies decreased by $15 billion during June, from a deficit of approximately $246 billion as of May 31, 2011, to $231 billion as of June 30, according to new figures from Mercer...
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SG selects Lombard's COLLINE


12 July 2011 London
Reporter: Ben Wilkie

Société Générale is to use Lombard Risk's COLLINE collateral management solution. This major contract is expected to generate revenues of more than £2 million in the first two years and contribute to future years...
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EXCLUSIVE: EquiLend Europe expands business development team


11 July 2011 London
Reporter: Justin Lawson

EquiLend expands their European business development team with the appointment of Charlotte Peace as business development associate, based in London, where she is responsible for working with existing and prospective clients.