The European Securities and Markets Authority has appointed two new members to its Management Board to replace two out of the three outgoing members whose mandates end on 31 March.
‘Smart beta' sounds like an oxymoron. How smart can it be to continue using the same strategy in such fickle markets? A portfolio manager calling on all his skills (‘alpha') in analysing market environments (the source of ‘beta') should be able to outperform an unchanged algorithm, right? And yet, for several decades, findings in behavioural psychology have cast doubt on this assumption.
The European Securities and Markets Authority (ESMA) has published its final report containing the draft regulatory and implementing technical standards (RTS/ITS) under the Benchmarks Regulation (BMR)...
Nomura, Asia's global investment bank, today announced the appointment of Prabhat Awasthi as the new Head of India with effect from April 1, 2017. He is currently Head of Equities, India.
Catella Nordic Long Short Equity was Yesterday Evening Named the "Best Performing Fund Over a 2 year Period" at The Hedge Fund Journal Awards in London.