Tuesday, 2 September 2014
Last updated 41 min ago
Aug 11 2010 | 9:13am ET
Northern Trust has entered into an alliance with Deutsche Bank that will give the firm’s hedge fund clients access to Deutsche Bank’s prime brokerage while keeping their assets safely segregated.
Northern Trust’s prime custody clients will now have two options for the securities finance needs: The firm struck a similar deal with Merlin Securities last year.
Deutsche Bank last year launched a platform that allows clients to segregate their assets and keep them with a custodian. Many other prominent prime brokers have done likewise, seeking to allay investor fears following the impounding of prime brokerage assets after the collapse of Lehman Brothers. A British judge has ruled that Lehman failed to properly segregate client assets.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...