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Rick McVey, Chairman and CEO of MarketAxess

MarketAxess releases first year-end review of corporate bond market

MarketAxess has released its first year-end review of trading activity in the US corporate bond market for 2011. The analysis was conducted by MarketAxess Research. »

 Jonathan Punter, Chief Executive, Punter Southall Group

Punter Southall Group takes full ownership of PSigma Asset Management

Punter Southall Group has taken 100 per cent ownership of fund management boutique PSigma Asset Management. »

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CBOE Futures Exchange sees busiest January ever

Trading volume during at the CBOE Futures Exchange (CFE) during January 2012 totalled 811,283 contracts, an increase of four per cent from the 778,157 contracts traded in January 2011. This was the busiest January in CFE history and it ranks as the tenth most-active trading month ever at the exchange.  »

Man talking through loud hailer

Mirae launches global equity fund with emerging markets focus

Mirae Asset Global Investments has launched the Global Great Consumer Fund. This new mutual fund invests in both emerging markets and developed markets, and represents the first time the firm has offered developed-market exposure in one of its US funds. »

David Abuaf, CIO, Hefty Wealth Partners

Hefty Wealth Partners appoints David Abuaf as CIO

Hefty Wealth Partners has expanded its investment committee with the addition of David Abuaf, who will assume the duties of Chief Investment Officer and will direct the implementation of the firm's flexible advance and protect investment strategy. »

Jeremy Alun-Jones, Group Managing Director, Stenham

Stenham hires new head of risk

Stenham Asset Management has appointed Pablo Balan as Head of Risk Management and Quantitative Research. »

Inès de Dinechin, Chief Executive Officer, Lyxor Asset Management.

Ines de Dinechin appointed CEO of Lyxor Asset Management

Societe Generale Corporate & Investment Banking has appointed Inès de Dinechin as Chief Executive Officer of Lyxor Asset Management. She replaces Laurent Seyer who will leave Societe Generale group to pursue other opportunities. This appointment will be effective as of the end of March 2012. »

Orange tick

SGSS in Italy secures BSI Wealth & Family SIM mandate

Societe Generale Securities Services in Italy (SGSS) has been appointed by BSI Wealth & Family SIM (BSI SIM) to provide personalised custody and settlement services. »

Mike Lee, CEO, RBC Global Asset Management (US) Inc.

RBC launches four new US funds sub-advised by Bluebay Asset Management

RBC Global Asset Management has launched four specialty fixed income mutual funds, sub-advised by BlueBay Asset Management. The funds are available to institutional and high-net-worth investors in the United States. »

 Jack Berry, Vice Chief Executive, P-Solve

P-Solve acquires pension specialist Cassidy

Investment consultant and fiduciary manager P-Solve has acquired retirement planning consultancy Cassidy Retirement Group to support its growth agenda in the US. »

Japan flag

SMBC Nikko Securities market share in Japanese government bond trading up to 7.8 per cent, says Greenwich Associates

SMBC Nikko Securities is quickly emerging as a powerhouse in Japanese fixed-income trading, according to the results of Greenwich Associates 2011 Japanese Fixed-Income Investors Study. »

Blue information sign

NYSE Euronext and Deutsche Borse terminate merger agreement

NYSE Euronext and Deutsche Borse have both agreed to a mutual termination of the business combination agreement originally signed by the companies on 15 February, 2011. »

Prakash Mehta, co-head of investment funds and private equity practice group worldwide, Akin Gump

Akin Gump to expand London funds practice with two partner hires

International law firm Akin Gump Strauss Hauer & Feld LLP is to add two partners to its London funds practice. Tim Pearce and Ian Meade will join the firm from Simmons & Simmons. »

Cyril Delamere, CEO, ML Capital

ML Capital to launch two new UCITS funds on the MontLake Platform

ML Capital will be launching two new UCITs funds this quarter on the MontLake Platform. As well as the the launch of the Goldwinds Global Macro UCITS Fund on 13 February – as previously reported in a Hedgeweek exclusive on 29 January – ML Capital is also due to launch the RP Systematic Emerging Market UCITS Fund on 1 March.  »

Jan-Michiel Hessels, Chairman, NYSE Euronext

NYSE Euronext to focus on ’standalone strategy’

NYSE Euronext announced today that in light of the decision by the European Commission to prohibit its proposed combination with Deutsche Boerse, the companies are in discussions to terminate their merger agreement.  »

Man talking through loud hailer

First Eagle Investment Management launches first new fund in over a decade

First Eagle Investment Management (FEIM), a privately held asset management firm, is launching High Yield Fund, the firm's first new fund launch in over ten years. Managed by Edward Meigs, CFA and Sean Slein, CFA, the high yield strategy can be accessed through an institutional separate account or a registered mutual fund. »

Two fingers

Silk Road Management launches two debut Iraqi equity indices

Silk Road Management has launched the Silk Road Iraq Index (SILKIQ) and Silk Road Iraq Oil Index (SILKIO), two debut equity indices that include largest Iraq-focused companies, listed on the Iraq Stock Exchange (ISX) as well as international bourses in London, Toronto and Oslo. »

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US institutional plan sponsors finished 2011 with Q4 gains, says Northern Trust Universe data

US institutional investment plan sponsors in the Northern Trust Universe gained 4.5 per cent at the median in the fourth quarter of 2011, with a surge in US equities creating a positive ending to a mixed year for most plans. »

Jan Booij. chief executive officer, EMCF

EMCF introduces lowest clearing rates in the world

European Multilateral Clearing Facility (EMCF), Europe’s largest cash equity CCP, is offering the lowest clearing price available in Europe. Participants clearing more than 2 million trades per day will be charged EUR0.001 per trade for all of their business. The new fee equates to a lower rate than the clearing and netting fee for the same amount of business in the US or anywhere else in the world.  »

Two fingers

Fairbairn Private Bank makes two new senior appointments

Fairbairn Private Bank has created two new senior management roles to oversee its client-focused staff. Jon Evans will become head of business development and Cameron Walker (pictured) will head up the relationship management teams. »

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