Latest News
Dash Financial Technologies has appointed Robert Boylan (pictured), as Managing Director, Business Development. In this role he will be responsible for further building the firm’s business among both its buy and sell side client bases.
Boylan brings over 25 years’ experience in the capital markets. He joins from Goldman Sachs, where he most recently led the firm’s Electronic Trading hedge fund sales team following several years leading the Broker Dealer & International Electronic Institutional sales group. Prior to that Boylan spent five years at Credit Suisse, working first in its commission management sales group and later co-heading its Advanced Execution
- 14/06/2017
Hedge funds posted their fifth consecutive month of gains this year, up 0.31 per cent during the month of May, according to the latest Index Flash Update from EurekaHedge. On a year-to-date basis, managers gained 3.25 per cent while underlying markets are up 7.45 per cent.
Meanwhile, underlying markets as represented by the MSCI AC World Index (Local) were up 1.09 per cent over the same period. Equity markets performed well this month with strength led by developed markets. Encouraging macroeconomic data from Europe and Japan buoyed economic recovery sentiments with growth in manufacturing activity adding to much optimism. On
- 14/06/2017
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2017 measured -0.13 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 1.24 per cent in June.
“SS&C GlobeOp’s Capital Movement Index for June 2017 rose 1.24 per cent, a strong improvement in net flows from the -0.07 per cent reported a year ago for June 2016,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “This very favourable result reflects a marked increase in capital inflows, as well as better asset retention. If this increased rate of capital
- 14/06/2017
The Open Protocol (OP) Insurance Working Group has published the final version of the Open Protocol Template and Manual for Insurance Funds, following a public consultation launched in November 2016.
The OP Template for Insurance Funds will facilitate better risk disclosure about insurance risk exposures. It captures data on the most important areas of insurance risk and facilitates aggregation and comprehensive monitoring of these risk exposures. Because of the uncorrelated nature of most insurance risks, the Insurance Template adds another dimension of risk information about a portfolio, rather than adding to existing risk data dimensions.
Tony Rettino, Founding Principal and
- 13/06/2017
Fenics Market Data, BGC’s Market Data division, has agreed to a distribution partnership with OTC energy brokerage Amerex Brokers (Amerex), whereby Fenics Market Data will provide Amerex energy-focused market data products to its customer base.
The Amerex market data service offers comprehensive daily indicative price reports covering the North American gas, power, and environmental markets. Amerex Brokers LLC is a wholly-owned subsidiary of GFI Group Inc. (NYSE: GFIG), a leading inter-dealer broker specialising in over-the-counter derivatives products and related securities.
Fenics Market Data’s Global Head of Sales Elliott Hann (pictured), says: “Fenics is delighted to further expand our suite
- 13/06/2017
JP Morgan Asset Management has hired two seasoned private credit investors, Brad Demong and Leander Christofides, to join its Alternatives business as co-CIOs of a new Global Special Situations group.
Demong and Christofides previously held senior roles in JP Morgan’s Corporate and Investment Bank, most recently managing Leverage & Distressed Private Side Research and Trading for the EMEA region. They left the firm in 2016, and will now re-join effective today. Demong and Christofides will be based in New York and London, respectively.
The team managed by Demong and Christofides will operate globally and will report into Co-Managing Partners of JP
- 13/06/2017
Fidante Partners has appointed James Munce (pictured), as Chief Operating Officer (COO).
Munce’s experience within the alternative investments industry and a solid track record in designing operating models, driving operational efficiencies and growing businesses, is well-aligned to Fidante’s goals in realising sustainable business growth.
Munce joins Fidante Partners from Bank of America Merrill Lynch (BAML) where he was a Director and COO of the Fund Solutions Group providing expertise across operations, risk, tax, finance, legal and compliance. Over a ten year period James was influential in the launch and growth of the Merrill Lynch Investment Solutions UCITS platform and
- 13/06/2017
- 13/06/2017
Hedge fund performance was mixed across strategies in May, according to the latest date released by Lyxor, with Event Driven funds extending their winning streak, while Macro strategies underperformed on the back of long positions on the USD and hard commodities.
The other hedge fund strategies delivered positive returns.
Merger Arbitrage managers outperformed Special Situations in May. A number of M&A deal positions paid off as spreads narrowed. That included investments on NXP Semiconductors, Straight Path Communication and Syngenta to name a few. On the Special Situations side, the strong earnings season bolstered returns for several core positions such as
- 13/06/2017
Investment research platform ResearchPool has launched an MiFID II solution for investment firms to manage budget, spending, consume and evaluate research, named Tool for Research Usage and Evaluation (TRUE).
TRUE aims to enable investment firms to easily manage and control research spending and usage by investment strategy, portfolio/portfolio manager and provider/analyst.
Compliant with MiFID II obligations, TRUE provides a single point to manage budgets and spending funded by P&L and/or Research Payment Accounts (RPAs), and includes pre-funded accounts for flexibility. Additionally, functionality provides tracking for research spending, usage and ratings purchased through the ResearchPool marketplace, as well as research contracted directly
- 13/06/2017
- 13/06/2017
Broadridge Financial Solutions is to add MSCI ESG Research’s ESG Fund Metrics to its Global Market Intelligence, a platform for domestic and cross-border fund data and analytics.
Under the agreement, key MSCI ESG Fund Metrics will be available on the platform to provide an increased level of transparency on the environmental, social and governance (ESG) quality and characteristics of over 26,000 mutual funds and ETFs covered by MSCI ESG Research.
Global Market Intelligence, which provides detailed information on 80,000 mutual funds and ETFs globally, will incorporate the ESG quality scores, sustainable impact, carbon intensity metric and value alignment scores
- 13/06/2017
Special Reports
FeatureD
- Intel
- April 25, 2024
- Intel
- April 24, 2024
- Intel
- April 23, 2024
- Intel
- April 22, 2024
- Intel
- April 19, 2024
- Intel
- April 18, 2024
- Intel
- April 17, 2024
- Intel
- April 16, 2024
