Latest News
Charles River Development has signed an agreement with CenturyLink, opening up its software-as-a-service offerings to buy-side clients in Canada.
"We've been broadening our hosted services since 2005, and the addition of CenturyLink's on-the-ground facilities and support assures even more clients that we can process and protect their sensitive data," says Tom Driscoll (pictured), global managing director, Charles River. "Our newest functionality in the Charles River investment management solution is SaaS-based. Our agreement with CenturyLink lets clients take full advantage of hosted capabilities regardless of their location."
Charles River's fully managed, private cloud solution is ISO 27001 certified and helps
- 13/12/2016
Linedata has integrated its order management system (OMS) powered by Longview, with Integral Development Corp’s InvestorFX.
Linedata’s OMS solution delivers an integrated approach to meeting the needs of the front and middle office of institutional, wealth and alternative firms, including portfolio management, trading, compliance and risk.
InvestorFX is an FX trading platform, combining best execution, optimal netting plans and fairness of allocations for investment managers to execute FX trade lists.
“We are pleased to partner with Linedata, which delivers flexible and comprehensive asset management solutions to global institutional and alternative communities,” says Harpal Sandhu, CEO, Integral Development Corp.
- 12/12/2016
By David Young (pictured), President, Gemini Alternative Funds – Allocations to alternative investment strategies have continued to evolve as asset owners – in particular pensions, endowments and family offices – have become more knowledgeable about, and comfortable with, these strategies.
Direct investments into hedge funds, funds of hedge funds and alternative mutual funds are not meeting the increasingly complex needs of today’s institutional investors, where flexibility, tailored reporting, transparency and cost efficiency are key factors.
Today, asset owners are searching for the appropriate structure and relationships that will provide them with the services and controls that meet their individual, committee
- 12/12/2016
Managed account platforms (MAPs) vary in size and sophistication. At one end of the spectrum, the simplest MAP provides a separate ownership structure whereby a single investor invested in a MAP is required to manage each counterparty relationship with the administrator, the prime broker(s), OTC counterparties, FX counterparties, repo counterparties and so on.
The traditional fund of funds (FoF) investment model is structured so that the FoF manages the overall allocations into the hedge fund on behalf of the investor. However, transparency tends only to be provided on a monthly basis, and typically with a one-month lag.
In some cases,
- 12/12/2016
- 12/12/2016
Managed account platforms allow institutions to broaden out their hedge fund allocations and invest in emerging managers with confidence, thanks to the strong operational controls they provide. At a time when some of the larger established names have suffered performance issues, diversifying into a wider mix of unknown managers is becoming of strategic import to institutions.
Speaking recently at a New York Hedge Fund Roundtable event, Robert Akeson, COO of Daewoo Securities (and the event moderator) was quoted as saying that small and emerging hedge fund managers, as a group, consistently outperform other managers. “However, as the physicists like to
- 12/12/2016
- 12/12/2016
Linear Investments allows emerging managers to leverage its managed account platform, enabling them to utilise multiple managed accounts, and avoid having to go down the costly route of setting up a hedge fund on day one.
“At this date, Linear has 105 active hedge fund/managed account prime brokerage clients live. Over the past three months we have brought on 10 new clients; five prime brokerage, one managed account and four hedge funds. We are actively in discussion with 12 new clients (two thirds based in the UK) who are thinking of joining the Linear platform, in addition to several early
- 12/12/2016
- 12/12/2016
Large institutions face a Catch 22 when it comes to investing in hedge funds. On the one hand, despite performance having been muted for the last few years, institutions still broadly appreciate their importance as part of a diversified portfolio. On the other hand, negative media coverage that continuously compares hedge fund performance to the broader markets, not to mention continued questioning over exorbitant fees, means that institutions face external pressures to justify their allocations.
“What is interesting is that the major flows into hedge funds really seem to be driven by the super institutions such as public and private
- 12/12/2016
Lyxor Asset Management runs one of the most well established MAPs in the hedge fund industry, having established it in 1998. It has seen a lot of hedge fund talent come and go over that time.
When it comes to investing in emerging managers, Lyxor is well placed to provide investors with the confidence, and assurances, needed. Whilst historically, emerging managers have tended to outperform larger established names – thereby making them an appealing alpha generator component to a portfolio – they often have less robust infrastructures. This is a risk for institutions.
As Daniele Spada (pictured), Head of Lyxor
- 12/12/2016
- 12/12/2016
Managed accounts are proving to be an effective tool for institutions to better control fee structures in hedge funds. What’s more, by building customised mandates using carve-outs of managers’ strategies, investors are able to enjoy a better investment experience that fits their individual risk appetite.
An article by CNBC on 17 October 2016 revealed that New York state had paid hedge fund managers USD1 billion in fees over the last eight years. The New York State Department of Financial Services said pension investments in hedge funds had been a giant failure, resulting in USD2.8 billion in underperformance.
This is exactly the
- 12/12/2016
Irish Funds, the representative body for the international cross-border investment funds industry in Ireland, has welcomed the Economic and Monetary Affairs Committee’s (ECON) approval of the final compromise text on the EU’s Money Market Fund Regulation (MMFR).
The Committee of Permanent Representatives of Member States to the EU (COREPER) also endorsed the text yesterday, signalling wider choice for investors.
As of the end of September 2016, assets under management in Irish MMFs totalled EUR444 billion. Over the course of the first nine months of the year, net sales generated by Irish MMFs amounted to EUR13 billion.
The agreement
- 12/12/2016
Special Reports
FeatureD
- Intel
- April 19, 2024
- 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
