Computer screen

Broadway Financial Corporation selects DealVector

Broadway Federal Bank has opted for DealVector, a specialist in the fixed income and structured credit space, to distribute the company’s proposal to extend the maturity of its debentures. »


China flag

Jersey and China financial regulators sign MoU

Jersey’s appeal as a centre for facilitating investment into and out of China has been boosted with the signing of memorandum of understanding (MoU) between the Jersey Financial Services Commission (JFSC) and the China Securities Regulatory Commission (CSRC). »


Newspaper and money

Earnest Partners launches UCITS fund

Earnest Partners is launching an offshore vehicle to meet demand from overseas investors. »


Risk

Money market funds increase WAM and market risk, says Moody’s

US-dollar, euro and sterling prime money market funds (MMFs) have increased their sensitivity to interest rates in the first two months of 2014, meaning their stressed net asset values have deteriorated, according to Moody’s. »


Handshake

Barry Mandinach joins Virtus as executive vice president, head of distribution

Virtus Investment Partners, which operates a multi-manager asset management business, has appointed Barry M Mandinach as executive vice president and head of distribution. »


Graph

Marquest Asset Management appoints portfolio sub-advisor

Cassels Investment Management has been appointed as portfolio sub-advisor of Marquest Asset Management’s Monthly Pay Fund and the Marquest Monthly Pay Fund (Corporate Class).   »


Shares

Alternative investors see activism as value driver, says Novus survey

Institutional investors view activism as a successful tool used among hedge fund managers to increase returns and stimulate growth in their investments, according to a survey by Novus. »


Paul Schott Stevens

G-SIFI designation of regulated funds unnecessary and inappropriate, says ICI

Designation of regulated funds like US mutual funds as “global systemically important financial institutions” (G-SIFIs) is neither necessary nor appropriate, ICI has said in a comment letter to the Financial Stability Board. »


Adam Sussman

Market structure expert Adam Sussman joins Liquidnet

Adam Sussman has joined Liquidnet as head of market structure and liquidity partnerships. »


Trader at screen

Broadridge launches global collateral management solution

Broadridge Financial Solutions has launched CollateralPro, an enterprise-wide solution designed to help investment banks, asset management firms and service providers transform collateral management functions. »


Upcoming training

Mon, 12/05/2014 (All day) - Dubai
Tue, 13/05/2014 (All day) - Dubai