Latest News
Next year sees the introduction of a comprehensive piece of European regulation that will overtly change the way that organisations handle, store and protect data. Known as the EU General Data Protection Regulation (GDPR), it arguably represents the most significant change in global privacy law in 20 years and will require fund managers to shore up their cybersecurity processes and procedures to avoid facing financial penalties.
GDPR is due to be implemented in May 2018 and places important new obligations on any business that handles the data of individuals living in the EU, independent of where the business is located.
- 12/07/2017
- 12/07/2017
Emerging managers have a lot to be bullish about because even though the fund raising environment remains challenging, the break-even cost of running a hedge fund is surprisingly less than people might believe.
A new emerging manager survey* produced by AIMA, in conjunction with GPP, a London-based boutique prime broker, canvassed the views of 135 global small and emerging managers – defined by AIMA as those with less than USD500 million in AUM – and the results are likely to allay concerns that running a hedge fund has become too expensive in today’s post-regulatory world.
According to the survey,
- 12/07/2017
FundCount, LLC, a provider of accounting and investment analysis software, has achieved the strongest first-half results in the company’s history with the signing of 11 new family office and fund administration clients across the Americas and Asia up to 30 June.
A solid pipeline for the second half of the year suggests that FundCount is poised to continue its impressive growth.
Founded in 1999 and privately owned, FundCount has steadily been gaining market share through increased brand recognition and word-of-mouth as a result of its powerful integrated partnership, portfolio and general ledger accounting solution. FundCount is used by family
- 12/07/2017
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -0.02 per cent in June, slightly underperforming the 0.03 per cent return of the HFRX Global Hedge Fund Index.
The Wilshire Liquid Alternative Index family is a joint offering between Wilshire Funds Management, the global investment management business unit of Wilshire Associates Incorporated, and Wilshire Analytics, creator of the Wilshire 5000 Total Market Index.
“Trends observed in the first quarter continued during the second quarter as equity markets appreciated both domestically and globally,” says Jason Schwarz (pictured), President of
- 12/07/2017
Neudata Limited is strengthening its online alternative data intelligence platform (Neudata Scout), which assists hedge funds and other institutional fund managers in making better investment decisions, by expanding the range of data providers clients can access.
The company is also adding additional research analysts to its London team and providing qualitative research about multiple industry data providers.
“Neudata prides itself on scouting out, identifying, verifying and delivering an always-expanding array of unique alternative datasets via our user-friendly online platform,” says Rado Lipuš, founder and chief executive officer of Neudata, headquartered in London, UK. “To keep up with the demand
- 12/07/2017
Placement agent and advisory firm Eaton Partners, a wholly owned subsidiary of Stifel Financial Corp, has appointed Bill McLeod (pictured), as a Managing Director.
He will continue to be based out of Stifel’s San Francisco office, establishing the eighth global office location for Eaton.
McLeod, an industry veteran with over 25 years of capital markets and investment banking experience, will focus on growing Eaton Partners’ direct private capital raising platform, advising clients on strategy and providing direct opportunities to investors across the globe. In addition, he will expand Eaton’s origination efforts in the acquisition of new fund clients across
- 12/07/2017
- 12/07/2017
UBS Financial Services has invested in iCapital Network, a financial technology platform providing access to alternative investments for high-net-worth individuals and their financial advisors, joining lead investor BlackRock as a strategic partner.
Founded in 2013, iCapital’s online platform offers the high-net-worth community access to a curated menu of alternative investments such as hedge funds and private equity funds. As part of its offering, iCapital provides an end-to-end technology solution automating the unique subscription, administration and reporting processes of these investments, which have historically only been available to institutional investors. iCapital will use the infusion of capital to further develop the
- 12/07/2017
Multi-asset prime services firm, Invast Global, will be host to an exclusive event focused on promoting the FX Global Code of Conduct which was published in May 2017.
Special guest for the evening will be Dr Guy Debelle, Deputy Governor of the Reserve Bank of Australia, who has been the leading visionary and main architect of the Global Code.
An exclusive selection of executives, regulatory representatives and politicians have been invited to the occasion which will be held at the magnificent O-Bar on level 47 of Australia Square this month.
Gavin White (pictured), Invast Global CEO, says: “The
- 12/07/2017
Hedge funds ended their five-month winning streak, ending June down down 0.19 per cent according to preliminary figures for the month released by EurekaHedge.
The average return of the Eurekahege Hedge Fund Index was drawn into negative territory in June as developed market mandates underperformed their emerging market peers; with trend-following and macro strategies lagging behind the pack.
Meanwhile, underlying markets as represented by the MSCI AC World Index (Local) were up 0.18 per cent over the same period. Equity markets posted mixed results with European equities ending the month in the red whilst North American mandates posted modest
- 12/07/2017
The Managed Funds Association(MFA) has launched an updated Institutional Investor Map utilising data from Preqin and a new video series featuring institutional investors explaining, in their own words, the important role hedge funds play in their institutions’ larger portfolios.
“Institutions like pensions, charities and universities across the country represent approximately two-thirds of the industry’s invested assets,” says MFA President and CEO Richard H Baker (pictured). “This project highlights that strong partnership and the important role the industry plays in helping institutional investors across the country provide secure retirements, expand educational opportunities, increase research funding and fulfil charitable missions.”
The
- 12/07/2017
Special Reports
FeatureD
- Intel
- April 18, 2024
- Intel
- April 17, 2024
- Intel
- April 16, 2024
- Intel
- April 15, 2024
- Intel
- April 12, 2024
- Intel
- April 11, 2024
- Intel
- April 10, 2024
- Intel
- April 9, 2024
