News

Jun 27, 2019

Hedge funds suffer outflowsInvestors withdrew $3.78 billion (€3.33 billion) from global hedge funds throughout May, as consolidation pressure in the industry mounted.

Jun 27, 2019

Blockchain_technologyChicago-headquartered Northern Trust is set to transfer its distributed ledger technology (DLT) platform for private equity asset servicing to Broadridge Financial Solutions.

Jun 27, 2019

distribution platform dealSociete Generale’s Securities Services’ global fund trading activities in Luxembourg are to be transferred to distribution platform MFEX, following a long-term partnership deal reached by both companies.

Jun 27, 2019

Low_ratingMorningstar has downgraded its rating on H2O Asset Management’s Allegro fund due to ongoing concerns over illiquidity, as redemptions slow for the first time since doubts arose regarding the firm’s bonds.

Jun 27, 2019

Christophe_HerpetAXA Investment Managers has appointed Christophe Herpet (pictured) as its global head of fixed income, replacing Gilles Dauphine.

Jun 26, 2019

Global_assetsWorldwide investment fund assets have seen a resurgence in the first quarter of this year, increasing by 9.2% to €48.02 trillion.

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