Latest News
Global investment manager Nuveen is expanding its alternative investments business development capabilities with the hire of James Wing and Michael Welch.
Joining in newly created roles, the pair will partner with the broader Nuveen distribution team to place new private funds onto the investment platforms of wealth managers serving retail and high-net-worth investors.
Based in Chicago and San Francisco, respectively, Wing and Welch will bolster the firm’s growing alternative investment distribution capabilities and report to Bill Stout (pictured), head of business development for Nuveen’s alternative investments platform.
Wing and Welch will both serve as managing directors working with
- 22/03/2017
BRI Partners has launched the first in a new range of investable hedge fund indices designed to deliver the beta of hedge fund strategies – the BRI Long/Short Equity Index (BRILSE), calculated by Wilshire Associates.
BRI Partners has developed eight indices in total which will be rolled out over the coming months.
Unlike existing hedge fund indexes, the BRI Indexes do not measure the performance of hedge fund managers and, therefore, do not rely on managers to provide a snapshot of month-end results. Decades of economic and academic research are the foundation for each BRI Index, which are built
- 22/03/2017
Alternative investment firm Saba Capital Management has launched CEFS, an actively managed ETF that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value (NAV) and hedging the ETF's risk to rising interest rates.
This is Saba's first ETF.
Closed-end funds are listed investment vehicles that trade at a premium or discount to NAV as a result of market technicals and sentiment.
Saba specialises in fixed income and equity closed-end funds trading at a discount to NAV, given they typically offer higher yield and return potential than the underlying
- 22/03/2017
- 22/03/2017
By Ronan Guilfoyle (pictured) and Casey McDonald, independent directors, Calderwood, a Cayman Islands Fund Governance Firm – It is not uncommon these days for an investment fund to find itself in the situation where it may be able to recover certain assets through the process of litigation. Perhaps an investment has soured but left the fund with claims against certain associated parties, or alternatively, the fund could find itself in the scenario where it has claims against its service providers, possibly due to fraud or some other unfortunate circumstances, which have made the fund no longer viable.
The duties of a director
- 22/03/2017
Social engineering schemes continue to grow in their sophistication, and phishing campaigns, in particular, are causing concern as they make their way to employee inboxes. These fraudulent email campaigns appear legitimate and take advantage of employees who are often too busy or simply unprepared to identify a scam (disclaimer: phishing is not specific to email; scams occur via phone & other communication methods also).
In either case, if the employee clicks a link, downloads an attachment or provides credentials or financial information to a hacker behind the scenes, it presents a gateway to potentially compromising and very serious scenarios.
And
- 22/03/2017
Baymarkets Technology, a Nordic provider of FinTech and RegTech solutions to the global financial services industry, has launched a new financial market solution delivery platform, Clarity.
The Clarity platform is designed to provide agile development of client specific solutions aimed at institutions active in the financial markets, such as banks, brokers, exchanges & trading venues and clearing houses.
Clarity aims to solve several of the challenges that financial institutions are facing today including increased demand for automated workflows, transparency and regulatory compliance.
Designed for use during pre-trade, at-trade, post-trade or across all three, the Clarity platform delivers solutions
- 22/03/2017
Bats Europe has launched the Bats Brexit 50/50 Indices, two benchmark indices designed to reflect the impact of the UK’s decision to leave the European Union on UK companies.
The two indices – the Bats Brexit High 50 and Bats Brexit Low 50 – are designed to act as barometers for assessing how Brexit is impacting UK companies by analysing the difference in performance between those companies that generate a large portion of their revenues from the UK compared to those that have less revenue exposure to the UK.
Bats has partnered with FactSet, a global provider of integrated
- 22/03/2017
- 22/03/2017
Hedge funds were up 0.83 per cent in March, according to the CISDM Equal Weighted Hedge Fund Index, produced by the UMass Amherst’s Isenberg School of Management’s Center for International Securities and Derivatives Markets (CISDM).
The increases brings the CISDM Equal Weighted Hedge Fund Index to a total 2017 return of 2.22 per cent.
In addition, all equity oriented hedge fund strategies exhibited strong performance in February. CISDM Multi-strategy and Equity Long/Short indices increased by 1.56 per cent and 0.93 per cent, respectively last month.
According to the Federal Reserve Bank of Chicago’s index of National Financial Conditions
- 22/03/2017
- 22/03/2017
Ultimus Fund Solutions has been selected to launch and service the Peachtree Alternative Strategies Fund, a non-exchange traded closed-end fund.
The fund, which originally started as a private fund of hedge funds, converted to a registered 1940 Act investment company, allowing opportunities for additional investors to achieve hedge fund exposure.
Ultimus will provide the fund with the operational capabilities and a full suite of fund services necessary to support the fund’s complex structure, including fund administration and accounting, fund compliance, and transfer agency.
“Non-exchange traded, closed-end, tender offer funds require certain operational knowledge plus high-touch servicing,” says Bob
- 22/03/2017
Smith, Graham & Co Investment Advisors, a USD6 billion institutional solutions based asset manager, has acquired the Five Mile Capital Partners’ residential mortgage team, an alternative investment manager, led by Brian Tortorella, managing director.
The acquisition will further strengthen SGIA’s focus on expanding its fixed income investment capabilities to address current and future client needs.
“The appeal of this offering, rebranded as ‘Mortgage and Real Estate Debt Alternatives’, is rooted back to our inception in 1990 when we found that mortgages provided above market yields with little additional risk over corporate debt,” says Gerald Smith (pictured), chairman and CEO. “The
- 22/03/2017
Special Reports
FeatureD
- Intel
- April 23, 2024
- Intel
- April 22, 2024
- Intel
- April 19, 2024
- Intel
- April 18, 2024
- Intel
- April 17, 2024
- Intel
- April 16, 2024
- Intel
- April 15, 2024
- Intel
- April 12, 2024
