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Archive for July 11th, 2013

SkyBridge Capital And Woori Investment & Securities Announce Strategic Partnership

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  • Provides Investors Based in Asia with Access to Multi-Advisor Hedge Fund Products

NEW YORK, July 10, 2013 /PRNewswire/ — SkyBridge Capital (SkyBridge), a research-based alternative investment firm headquartered in New York, and Woori Investment & Securities (Woori I&S), headquartered in Seoul, South Korea, today announced a strategic partnership that will allow for the distribution of SkyBridge’s hedge fund products throughout Korea and other regions in Asia. In conjunction with the partnership, Woori has also allocated capital to a SkyBridge fund of hedge funds vehicle.

Representing every type of market participant from large institutional investors to individual retail investors, SkyBridge manages or advises on approximately $7.9 billion in assets as of April 30, 2013. This agreement further solidifies the firm’s commitment to increase global distribution of its hedge fund product portfolio, including multi-advisor, multi-strategy fund of hedge fund products, custom portfolios and advisory services.

“Forging a partnership of this kind with one of the largest securities firms in Korea underscores our commitment to provide alpha-centric hedge fund solutions to a broad, global investor base, as well as shows increased appetite for this type of product among investors in Asia,” said Raymond Nolte, co-managing partner and chief investment officer at SkyBridge Capital. “We are delighted to team up with a world-class player such as Woori and look forward to strategically expanding the relationship over time.”

Woori I&S offers a broad range of financial services, including wealth management, investment banking and prime brokerage. With client assets of W148.9tn, Woori I&S serves its clients through its more than 117 domestic branches in Korea and 13 overseas offices and subsidiaries.

“Investors in this region are seeking to diversify portfolios to include more alternative investment options,” said Eun Soo Kim, head of global division for Woori I&S. “We believe that SkyBridge’s thoughtful, thematic investment strategy and high-conviction approach to alpha generation will help us to provide our clients with a high-quality hedge fund investment option.”

SkyBridge was recently ranked by Hedge Fund Intelligence as the top performer in both the “Global Multi-Strategy $500M-$1BN” and “Global Multi-Strategy >$1BN” categories for 2012 (as reported in the March 2013 issue ofInvestHedge). The firm also produces a large annual investment conference in the U.S. and Asia called theSkyBridge Alternatives “SALT” Conference. SALT Asia 2013 will convene more than 1,000 participants, including the world’s top thought leaders, hedge fund managers and investors from around the globe at the Marina Bay Sands in Singapore, September 24-27, 2013.

About SkyBridge Capital
Founded in 2005, SkyBridge Capital is an alternative investment firm with approximately $7.9 billion in total assets under advisement or management as of April 30, 2013. The firm provides investment management products, portfolio management and advisory services addressing every type of market participant, from large institutional investors to individual retail investors. SkyBridge offers investment services for commingled funds of hedge funds products, customized separate account portfolios and hedge fund advisory services. Headquartered in New York, the firm also has a presence in Zürich, Switzerland.

About Woori Investment & Securities
Woori Investment & Securities is a core subsidiary of the Woori Financial Group, one of the largest financial groups in Korea. The organization provides wealth management, investment banking and prime brokerage services to its broad client base. Headquartered in Seoul, South Korea, Woori I&S has more than 3,000 employees across its domestic branches and overseas subsidiaries. For more information, please

Media Contact:
Kate McGann
Prosek Partners
212.279.3115 ext. 249

Source: SkyBridge Capital

Written by asiafreshnews

July 11, 2013 at 2:15 pm

Cosmoprof Asia Continues to Innovate with New Features

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HONG KONG, July 10, 2013 /PRNewswire/ — Cosmoprof Asia will celebrate its 18th edition from 13 to 15 November 2013 at the Hong Kong Convention and Exhibition Centre. Building on the success of last year’s show, this edition is expected to attract around 2,000 exhibitors and in excess of 55,000 visitors. The show will benefit from a number of new features and innovations, together with an extended seminar programme.

A spotlight in this year's show is the new area dedicated to
A spotlight in this year’s show is the new area dedicated to “Nail & Accessories”.
Intercoiffure China (ICD) will stage the theme show
Intercoiffure China (ICD) will stage the theme show “Intercoiffure: Vision of the Elite” featuring world-class artists from Europe, Japan, South Korea, mainland China and Hong Kong.
Shiseido Professional Beauty Top Specialist Tadashi Harada and his team will start the adventurous journey in search of beauty inspirations and hair creation at the hair show
Shiseido Professional Beauty Top Specialist Tadashi Harada and his team will start the adventurous journey in search of beauty inspirations and hair creation at the hair show “BEAUTY ODYSSEY”

International Buyer Programme targets emerging country

This year’s International Buyer Programme will facilitate direct contact between exhibitors and select distributors and importers from Australia, China, India, Japan and New Zealand through pre-scheduled meetings. The new Focus Country for 2013 will be the United Arab Emirates (UAE).

The international theme will continue throughout the exhibition, with country/region and group pavilions representing Australia, Belgium, Brazil, Canada, mainland China, France, Germany, Hong Kong, Israel, Italy, Japan, South Korea, Pakistan, Poland, Singapore, Spain, Switzerland, Taiwan, Thailand, Turkey, the United Kingdom and the United States, according to bookings to-date.

Nail Up! 

Another highlight in this year’s show is thenew area dedicated to Nail & Accessories, covering every aspect of this fast-growing sector, from nail art to practical solutions for nail technicians. Exhibitors will be given time to demonstrate their innovative products and skills at the main stage within the hall. The kick-off seminar will feature Silvia Fossati, the editor in chief of LOVE NAILS magazine from Italy, who will report on global nail art in terms of colour, texture and trends.

Hair Shows Rendezvous

The professional hair segment will be fuelled by two spectacular hair shows organised by Intercoiffure (ICD) China and Shiseido Professional. For the first time, more than 2,000 hairdressers and salon owners from across the world will meet at Cosmoprof Asia for an extravagant and reputable hair shows.

On 13 November, Intercoiffure China (ICD), the world’s top hair designers association with branches in more than 60 countries and regions, will host the theme show “Intercoiffure: Vision of the Elite“. World-class artistsfrom Europe, Japan, South Korea, mainland China and Hong Kong, will showcase their artistic vision, creativity and superb sense of vogue in a 3-hour non-stop performance. The event is sponsored by L’Oreal Professional and P&G Salon Professional, as well as international brands including Takara Belmont, Shiseido Professional, Milbon, Hoyo Professional, Arimino and Pivot Point.

On 14 November, Shiseido Professional will stage “Beauty Odyssey“to represent the start of a new journey for innovation, creating cutting-edge designs for the field originating with the expression filtered through the cyber city of Tokyo. Shiseido Professional iconic hair and make-up artist Tadashi Harada and his team will be unveiling new ideas in Salon Styles and Sophisticated creations with a variety of textures, colours and images.

Educational track

Running alongside the exhibition will be a comprehensive conference and seminar programme, covering a spectrum of topical issues and trends for beauty industry professionals. The 6th “Cosmoprof Asia Spa Conference” will look into the operational and marketing aspects of managing a spa business. The US industry analyst Kline & Company will discuss the market potential for beauty device in the East and in the West. The “Focus on China” seminar will provide hints on how to seize the opportunities of cosmetic channel sales in China, whilst the “Focus on Japan” seminar will provide an overview of consumer trends in Japan through an analysis of social media.

About BolognaFiere Group

BolognaFiere Group, the world’s leading trade show organizer in the cosmetics, fashion, architecture and building, art and culture sectors, features in its portoflio more than 80 exhibitions, both domestic and international events. SoGeCos S.p.A., as organizer of Cosmoprof Worldwide Bologna (established 1967), the most important beauty meeting point in the world that will take place in Bologna next April 4 – 7, 2014 (Cosmopack: April 2 – 5, 2014), has the privilege to work with the beauty industry in the five continents and to monitor new emerging markets where there is a demand for cosmetics products. The international platform offered by Cosmoprof, with its events in Hong Kong (established 1996) and Las Vegas (established 2002), provides a truly global marketplace for the beauty industry where brands can find success.

About UBM Asia Ltd

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is Asia’s leading exhibition organiser and the biggest commercial organiser in mainland China, India and Malaysia. With its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global network of 30 offices and over 1,200 staff in 25 major cities. We operate in 19 market sectors with 160 exhibitions, 75 conferences, 28 trade publications, 18 vertical portals and virtual event services for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world.

Media Contact:


Amy Ng

Janice Poon


SoGeCos s.p.a – BolognaFiere Group
Mr Paolo Landi

Source: Cosmoprof Asia

Written by asiafreshnews

July 11, 2013 at 11:55 am

Posted in All releases, Fashion

Microsoft CityNext: Coming to a city near you

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— Global public sector initiative enables cities to harness a new era of innovation through a people-first approach.
REDMOND, Washington /PRNewswire/ — At the Worldwide Partner Conference today, Microsoft Corp. announced CityNext, a global initiative empowering cities, businesses and citizens to re-imagine their futures and cultivate vibrant communities. Cities are centers of industrial, economic and entrepreneurial activity that fuel the rest of the world’s success. But cities increasingly encounter compelling forces, such as rapid urbanization, modernization mandates, and economic austerity pressures. Microsoft CityNext offers cities a vast and diverse Microsoft Partner Network of more than 430,000 technology experts across the globe to innovate today and create a better tomorrow. Leveraging a broad portfolio of familiar and security-enhanced consumer to business software, devices and services and Microsoft’s history of successful education and social programs, CityNext is a collective effort that enables cities and their people to accomplish what’s next.
“Cities play a vital role in our lives — both now and in the future. Microsoft’s CityNext initiative puts people first and builds on this new era of collaborative technology to engage citizens, business and government leaders in new ways,” said Laura Ipsen, corporate vice president of Microsoft Worldwide Public Sector. “Working with our vast Microsoft Partner Network, we can scale solutions and services to do ‘New with Less,’ enabling cities to better compete in the global marketplace, drive citizen engagement, and foster economic, social and environmental sustainability.”
Transforming operations and infrastructure
CityNext helps leaders make the most of their existing investments to find new ways to overcome challenges and reach their goals. With the new era of innovation, cities can enable new capabilities using flexible cloud services, empower city employees with enterprise-grade devices and apps, and innovate on their terms with modern solutions and big data platforms. This innovation can allow critical information to flow seamlessly between municipal departments and among government, businesses and citizens, driving efficiencies that can let cities put more resources back into the community.
CityNext brings together an ecosystem of partner solutions, devices and services that can connect and transform a variety of city functions, including the following:
Energy and water
Buildings, planning and infrastructure
Public safety and justice
Tourism, recreation and culture
Health and social services
Government administration
CityNext customer Barcelona, Spain — long recognized as a digital innovator — has successfully harnessed cloud, data and apps to enhance administrative operations, interact with citizens and make information transparent. For example, Microsoft and CityNext partner BISmart worked with the Barcelona City Council to launch OpenData BCN, an initiative to make data accessible to the public. Using the Windows Azure cloud, the OpenData BCN platform aggregates myriad facts about the city — such as population density and total unemployment — into a central hub with enhanced security. Citizens then can download the bigov Better City Indicators app from the Windows Store and monitor fluctuations in real time. Barcelonans now have access to information to make decisions on topics such as where to start a business and where to settle down with their families.
“We’ve been working with Microsoft for many years and have witnessed tremendous innovation across government, enterprise and citizen services through cloud technology and devices. Yet, even more can be done to engage Barcelonans and enhance citizens’ experiences,” said Xavier Trias, mayor of Barcelona. “We will continue to collaborate closely with Microsoft and leverage cutting-edge technology, services and programs that will make Barcelona a better place to live, work, visit and thrive.”
Engaging citizens and businesses
Citizens and businesses expect access to and interaction with city governments through apps and the devices of their choice — anytime, anywhere. With Microsoft’s software, device and services platform, cities can deliver personalized services and apps with a people-centric approach, enable real-time dialogue via social media, and spur app development and economic growth with open data initiatives, resulting in better-served and engaged constituents.
Microsoft CityNext partner Socrata Inc., a cloud software company leading the shift to data-driven government, is working with Microsoft to bring open data technologies to cities worldwide on the Windows Azure cloud platform. For example, Socrata offers governments customizable dashboards. Citizens can access their cities’ dashboards through mobile devices or the Internet and monitor how their leaders are performing in areas such as education, healthcare and job creation. City leaders can engage with citizens in real time, incorporate public demands into their decision-making processes and ensure that they respond to their communities’ most pressing needs. In turn, governments can bring data and citizen feedback into every decision, fostering greater transparency and community participation.
“The forward-looking CityNext initiative addresses a once-in-a-generation global shift currently taking place in government: opening up government data and using it to enhance citizen services,” said Kevin Merritt, CEO and founder at Socrata. “Through simple, familiar apps and devices, governments can now engage everyone, everywhere. We are already seeing incredible progress and, in partnership with Microsoft, will enable global leaders to make sound decisions, drive efficiencies and help them meet citizen demands for ubiquitous access to information.”
Accelerating innovation and opportunity
Cities will not only realize full transformation through technology but also through nurturing the creativity of their most important resource — human capital. Microsoft and partners offer a variety of skills-based programs that educate students and teachers, foster business development, and empower citizens to join a competitive workforce. Around the world, these programs have helped millions of city residents cultivate a brighter future for themselves and their cities. For example, Microsoft programs YouthSpark, BizSpark and IT Academy encourage youth to join a growing workforce, support entrepreneurs’ bold ideas and create skilled workers that help cities compete in the global marketplace.
Visionary cities
Cities are already on their journey toward modernizing today. In fact, several visionary cities have stepped forward to embark with Microsoft and CityNext partners on this journey to identify and create what is next for their communities. Led by motivated, forward-looking leaders, these cities are taking an important step to better serve citizens and realize the potential of tomorrow through cross-functional collaboration that increases efficiencies, reduces costs and fosters a more sustainable environment.
Auckland, New Zealand
Barcelona, Spain
Buenos Aires, Argentina
Hainan Province, People’s Republic of China
Hamburg, Germany
Manchester, England
Moscow, Russia
Philadelphia, United States of America
Zhengzhou, People’s Republic of China
“Today’s cities know they must tackle urban challenges through coordinated and focused investments that enable collaboration across departments and agencies, leverage existing assets, engage citizens and stakeholders, and tackle long-standing problems,” said Ruthbea Yesner Clarke, director of the Smart Cities Strategies program at IDC. “According to IDC’s Smart City Maturity Model, many cities are now in the first stages of implementing smart technology solutions as part of a 10- to 15-year path to realizing full transformation potential. The result of ‘smart city’ initiatives will ultimately enable cities to attract businesses and citizens to build more vibrant city landscapes and competitive economies.”
More information about CityNext is available at
Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Source: Microsoft Corp.

Written by asiafreshnews

July 11, 2013 at 10:33 am

Posted in Uncategorized

Wynyard Group’s Financial Crime Solutions Named in Two Leading Global Risk Research Reports

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LONDON/PRNewswire/ — Wynyard Group, the specialists in intelligence-led software and solutions for protecting companies and countries from threat, crime and corruption, has been named amongst leading vendors in the Chartis RiskTech Quadrants™ for both the Chartis Anti-Money Laundering Solutions 2013 and Chartis Enterprise Fraud Management Solutions 2013 reports. The reports are compiled by Chartis Research, a leading provider of research and analysis on global risk technology markets.
This is the first time Wynyard Group has featured in the reports and follows the company being named in last year’s global Chartis Research RiskTech100™ report acknowledged globally as the most comprehensive and prestigious study of risk technology vendors.
Globally, Wynyard’s intelligence-led risk management software such as its anti-money laundering solution is used by more than 400 clients including government national security and justice agencies, Fortune 500 companies, financial institutions and operators of significant infrastructure. The solutions are used to help organisations better understand their exposure, improve the visibility of risk across the enterprise and to detect, prevent and combat financial crime including fraud and money laundering.
The cost of fraud and impact financial crime has on financial institutions continues to grow along with advances in technology which have proved conducive to fraudsters. Professional fraud rings are exploiting the technological naivety of customers, weaknesses in financial institutions’ defences, and the inability of businesses to compare and match threats from different channels.
According to Chartis, however to combat this, regulators have begun to incorporate fraud into risk management measures, particularly operational risk, and require banks to protect their customers. Advances in technology can also help financial institutions improve their anti-fraud strategy and Chartis says firms need to move to a more pro-active and cross-channel approach, focusing on prevention as well as detection, while balancing the need for robust anti-fraud measures with the customer experience.
Craig Richardson, Managing Director Wynyard Group, is delighted with Wynyard’s placement in both reports. He said Chartis highlighted the importance advanced technologies such as link analysis, predictive modeling and artificial intelligence — areas Wynyard invests heavily in — play in helping to prevent and predict financial crime.
“The increasingly sophisticated techniques being employed by criminals are driving a change in the way organisations around the world identify and prevent financial crime. There is a move towards financial crime solutions that deliver more than just compliance.
“Wynyard’s technology helps clients predict and prevent financial crime by applying advanced analytics to masses of data, and our technology is both simple and fast to implement via a secure bureau service developed for clients in the United Kingdom and the United Arab Emirates.”
In response to growing demand for its advanced Financial Crime SaaS solution, particularly in the United Kingdom, the United Arab Emirates and New Zealand, Wynyard recently appointed Jim Oakes, a globally recognised financial crime expert, as Director Financial Crime. Jim will apply his extensive experience and knowledge in managing international financial crime investigation, anti-money laundering and financial crime prevention to drive Wynyard’s global financial crime strategy.
The Chartis Anti-Money Laundering Solutions 2013 and Chartis Enterprise Fraud Management Solutions for Financial Services 2013 reports are available at
About Wynyard Group
Wynyard Group’s industry experts, data scientists and software engineers create intelligence-led software and solutions for protecting companies and countries from threat, crime and corruption. With more than 400 clients globally across financial services, government and critical national infrastructure, Wynyard’s trusted software products have become the industry standard for connecting mission critical risk management, intelligence and investigations operations.
About Chartis
Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
RiskTech Quadrant™ and RiskTech100™ are registered trademarks of Chartis Research limited.
Chartis Research is authorised and regulated by the Financial Conduct Authority (FCA) for providing investment advice — (
For more information please contact:
Craig Richardson
Managing Director
Wynyard Group
Emma Jackson
PR Partners
Source: Wynyard Group

Written by asiafreshnews

July 11, 2013 at 9:40 am

Posted in Uncategorized