Tuesday, 23 September 2014
Last updated 13 hours ago
Mar 12 2008 | 10:15am ET
Two London-based firms have formed a joint venture that will offer outsourced accounting, financial reporting, and administration services to the U.K. financial services industry.
IMS, a compliance consultancy, and Buzzacott, an accountancy firm, say their new firm, IMS Buzzacott, focuses on providing compliance related services to clients in the asset management and securities industries, with a strong focus on the hedge fund and private equity sectors.
“We are seeing a noticeable trend among asset management firms who are increasingly looking to outsource more of their business operations,” said Scott Wilson, CEO of IMS Consulting. “We identified few high quality providers of these services and feel that the market will benefit from more choice.”
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.