Solvency II will facilitate retreat from alternatives by insurers, says UBS/PwC study

More than two-thirds of insurance companies intend to scale back their exposures to alternative asset managers as a result of regulation, according to a survey by UBS Fund Services and PricewaterhouseCoopers (Pw

Posted on: 23 Oct, 2014
Posted in: Regulation

EU regulators will struggle to digest data provided by algos and HFTs following MiFID II

European regulators will struggle to digest much of the data they receive from algorithmic traders and high-frequency-traders (HFTs) once the Markets in Financial Instruments Directive II (MiFID II) takes effect.

Posted on: 02 Sep, 2014
Posted in: Regulation

Man acquires Numeric in latest deal

Man Group has acquired Numeric Holdings, a Boston-based quantitative equity manager with $14.7 billion in Assets under Management (AuM), just weeks after it purchased Pine Grove, a $1 billion credit-focused fund of hedge funds.

Posted on: 19 Jun, 2014
Posted in: People Moves

Newly formed Wells Fargo Prime Services targets top five US prime brokerage slot

The newly formed Wells Fargo Prime Services is aiming to target a top five slot in the US prime brokerage market within the next five years, the business co-head has said.

Posted on: 11 Dec, 2012
Posted in: Prime Brokerage

UBS commitment to prime brokerage reaffirmed

UBS’s prime brokerage business will not be scaled back despite massive cuts in other parts of the bank.

Posted on: 19 Nov, 2012
Subscribe to UBS