Friday, 26 December 2014
Last updated 2 days ago
Mar 10 2009 | 12:27pm ET
The contraction of the Asian hedge fund industry is being felt by the region’s service providers. Prime broker Pali Holdings is closing its only office in Asia as its customers have cut back on their trading.
Pali opened the Singapore office in October 2007, Dow Jones reports. At its peak, the office employed 11 people, but that number fell to five in recent months as Pali clients curtailed their trading.
The Singapore office opened with US$8 billion in capital.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.