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News & Commentary
Content tagged with Asset Management posted in November 2010
Investment Pros Cite New Regs as Biggest 2011 Challenge
News  |  11/30/2010  | 
Investment managers conclude that navigating the stricter regulatory landscape will be their biggest challenge next year, according to a survey conducted by financial software provider Linedata.
Cap Market Firms Gradually Implementing Social Media, But Some CCOs Still Not Swayed
News  |  11/29/2010  | 
Popular social media tools among the financial community include TweetDeck, Ning and SocialTurns. But regulation and privacy are still hindering widespread adoption of social media in the capital markets, according to a new report from Aite Group.
Sanders Morris Harris Group Acquires Stake in GFS
News  |  11/29/2010  | 
SMHG buys a 50.1% interest in the wealth management firm
Level E Capital Debuts Maya Fund
News  |  11/24/2010  | 
Fund exploits artificial intelligence for smart trading algorithms.
FBI Shines Light on SAC, Janus, Wellington
News  |  11/24/2010  | 
The insider-trading investigations spreads to former SAC associates
Hedge Funds Step Into the Light
Commentary  |  11/19/2010  | 
The day of reckoning for hedge funds may have arrived.
Rattner Settles SEC Case; Hit With $26 Million Suit by Cuomo
News  |  11/18/2010  | 
New York State Attorney General Andrew Cuomo is suing former U.S. auto czar Steven Rattner for $26 million over allegations he paid kickbacks in order to get $150 million in investments from the state’s largest pension fund.
100 Women In Hedge Funds Honors Dorothy Collins
News  |  11/18/2010  | 
New York gala raises $1.6M for Big Brothers Big Sisters of America
Slovenia's KD Funds Goes Live with Charles River IMS
News  |  11/18/2010  | 
Automates the firm's equities, fixed income and foreign exchange investment operations.
ITG Unleashes Hedge Pro Algo
News  |  11/18/2010  | 
The agency research broker and fintech firm unveiled its Hedge Pro pair trading algorithm
Is the SEC’s ‘Naked’ Access Ban Anti-Small Business?
Commentary  |  11/17/2010  | 
Although it was a necessary step, particularly in the aftermath of the May 6 "Flash Crash," there is growing chatter within the trading community that the new regulation is likely to hurt smaller high-frequency trading operations.
Warren Buffett Praises Government for U.S. Bail Out
News  |  11/17/2010  | 
Berkshire Hathaway Chairman Warren Buffett discusses his editorial in the New York Times Wednesday, which he calls a thank-you note to government for its response to the financial crisis.
StreamBase Integrates Real Time Feed From Morningstar For Asset Managers
News  |  11/16/2010  | 
Customers will be able to integrate a wide range of data, including stocks, indexes, foreign exchange (FX), derivatives, and research analysis, into a consolidated view for further customization.
UK to Tape Hedge Fund Cell Phones
News  |  11/12/2010  | 
All calls on company-issued mobile devices are to be recorded and stored for six months.
Misys Acquires Sophis
News  |  11/12/2010  | 
The buy side solution vendor is set to buy the capital markets software vendor for $599 million
Morgan Stanley Releases Android App
News  |  11/12/2010  | 
The Android app for institutional investors is the first for its kind for a Wall Street firm.
HFTs Fear SEC's 'Naked' Access Ban May Squeeze Profits
News  |  11/11/2010  | 
Although the move by U.S. regulators to ban "naked" access to public markets has been lauded as a necessary risk curb, a portion of the high-frequency trading community is awash in concern the new rules will damage time-sensitive strategies.
Dougherty & Co. Launch New Hedge Fund
News  |  11/11/2010  | 
New Dougherty Absolute Equity Fund to Focus on Small Cap Stock Picking
The SEC Agenda: Hurry Up And Wait
News  |  11/9/2010  | 
Throughout the financial crisis, the SEC has identified a host of equity market structure issues that are critical to ensuring safe and fair trading. But, already burdened by enacting the Dodd-Frank financial reform act, the regulator isn't likely to enact any new rules too quickly.
SIX x-Clear to Provide Clearing Services for Liquidnet
News  |  11/9/2010  | 
The CCP will provide exclusive clearing services for Liquidnet's Streaming Liquidity Providers in seven new markets.
Hedge Fund Association Voices Opposition to Potential SRO
News  |  11/5/2010  | 
HFA warns that potential hedge fund self-regulation organization (SRO) under investigation by the GAO would raise regulatory costs for funds to operate and also limit the industry's growth.
5 Trends Shaping the Buy-Side Trading Desk
News  |  11/4/2010  | 
Among the top trends on the buy-side trading desk in 2011, the biggest development is likely to be the increased reliance on transaction cost analysis to entice institutional investors and ensure best execution.
UK's Jupiter Asset Management Picks Streamstream's Reconciliations Service
News  |  11/4/2010  | 
Asset manager will benefit from lower operational costs without an on premises installation.
Hiring Is Back on the Agenda for 2011
News  |  11/2/2010  | 
Sagging trading volumes and disappointing revenues have dampened expectations on Wall Street for a quick recovery. But industry insiders are cautiously optimistic about the hiring outlook for trading desks next year.
Traiana Extends Harmony to ETDs; Nabs Deutsche Bank as First Client
News  |  11/1/2010  | 
Traiana announced it extended the Harmony network to manage exchange-traded derivatives, an arrangement the firm said is aimed at allowing buy-side firms to reduce risk and costs.
Options IT to use IBM for Private Cloud Computing
News  |  11/1/2010  | 
Options IT announced it selected IBM’s BladeCenter platform to deliver private cloud computing to buy-side and sell-side firms, a system it said will reduce the time to market for new trading strategies.


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