BlackRock and the NationalAssociation of Corporate Directors (NACD) are pleased to announce the winners of the Global Challenge for Innovation in Corporate Governance: Yu Zhang, assistant professor of strategy at The Paul Merage School of Business at the University of [...]

Paladyne Systems, Inc., a Broadridge Financial Solutions, company and leading provider of next generation investment management solutions, today announced that it has expanded its partnership with long-term client GoldenTree Asset Management, with the firm implementing new products as its data [...]

Billings Capital Management, the investment manager founded by Friedman Billings Ramsey (FBR) co-founder, former Chairman and CEO Eric F. Billings, today announced a strategic business development relationship with MCAM Group dedicated towards Europe and Asia. Lars Bjoergerd, Managing Director, MCAM [...]

The Dow Jones Credit Suisse Hedge Fund Index (the “Broad Index”) finished up 1.39% for the month of April. Performance for the Broad Index and its 10 sub-strategies is calculated monthly. March, April and YTD 2013 performance numbers are listed [...]

The NASDAQ OMX Group, Inc. today announced that China’s first cross-border exchange-traded fund (ETF), based on the NASDAQ-100 Index(R), has begun trading on the Shanghai Stock Exchange. The Guotai NASDAQ-100 Exchange-Traded Fund (Symbol: 513100), sponsored by Guotai Asset Management, was [...]

Institutional Financial Markets, Inc. (NYSE MKT:IFMI) (“IFMI”), a financial services firm specializing in credit-related fixed income investments, today announced that it has entered into definitive agreements with Mead Park Capital Partners LLC (“Mead Park Capital”) and Cohen Bros. Financial, LLC [...]

BNY Mellon, the global leader in investment management and investment services, has been named ‘Best administrator over $30bn - single manager’ for the second year running at the HFMWeek European Hedge Fund Services Awards, presented in London on April 25. BNY Mellon was one of six industry-leading [...]

PineBridge Investments (“PineBridge”), the global multi-asset class investment manager, today announced that Jason Fisher joined the firm as Senior Vice President, Head of Consultant Relations for the Americas and Europe.  Mr. Fisher will work closely with PineBridge’s Sales and Client [...]

Direxion, a leader in alternative investment solutions, has launched two new leveraged inverse exchange-traded funds (ETFs), the Direxion Daily Brazil Bear 3x Shares (BRZS) and Direxion Daily South Korea Bear 3x Shares (KORZ). The Direxion Daily Brazil Bear 3x Shares seeks daily [...]

The Alternative Investment Management Association (AIMA), the global hedge fund association, has released the first global review of the hedge fund industry’s charitable activities. The 44-page report, Contributing to Communities, gives a detailed picture of the global hedge fund industry’s [...]

Hedge fund tech provider Eze Software Group has issued a patent for its management system, the RealTick® EMS. The patent covers the proprietary technology and methodology for the staging of electronic orders into a neutral (aggregation) account for execution, providing [...]

The S&R Foundation, a non-profit organization that supports talented individuals with high aspirations in the arts and sciences, today announced that the U.S. Trust, Bank of America Private Wealth will serve as an associate partner for the Foundation. U.S. Trust [...]