Latest News
Trading and information solutions provider Infront has opened two offices in South Africa – one in Johannesburg and the other in Cape Town – adding to the firm’s six existing offices in Europe and the UK.
Infornt says South Africa is widely used by the international investment community as a launch platform to enter the rest of Africa. With well-established trade routes, local experience in African markets and business-ready infrastructure, the country is often the go-to emerging market for European companies.
"We have been working with the South African market since 2009 and have experienced an increase in demand
- 21/11/2016
- 21/11/2016
100 Women in Hedge Funds (100WHF) held its eighth annual Gala in Geneva at the Grand Hôtel Kempinski, raising over CHF210,000 for the benefit of Solidarité Femmes.
The net funds raised will specifically be used for a project providing mentoring support to mothers and children who suffer from the effects of domestic violence.
More than 220 members from across the finance industry attended the 100WHF Geneva Gala. Local State Counsellor Mauro Poggia, in charge of employment, social affairs and health department, was among the attendees. Caroline Lang from Sotheby’s led a live silent auction and guests had the opportunity
- 21/11/2016
The National Futures Association (NFA) has appointed Thomas Sexton (pictured) as president and chief executive, effective 1 March 2017.
Daniel Roth, NFA's president and CEO, who announced his retirement in May 2016, will work closely with the board and Sexton during the transition.
This appointment is the culmination of an extensive search and selection process. In May 2016, NFA's board of directors authorised the formation of a search committee, chaired by Michael Dawley, NFA board chairman, and made up of existing board members and other individuals with significant knowledge of the derivatives industry and NFA's important regulatory role. The
- 21/11/2016
All six of IndexIQ’s hedge fund indices recorded a negative performance in October, reflecting a generally down month for the markets.
The IQ Hedge Global Macro Index was the top performer, dropping 0.57 per cent.
The IQ Hedge Long/Short Index fell 1.97 per cent, while the IQ Merger Arbitrage Index declined 1.01 per cent, in spite of continued strong M&A activity.
"Election induced volatility and the expectation of a December increase in the Federal Funds rate weighed on the market in October, resulting in a decline for most of the major indexes," says Salvatore Bruno (pictured), IndexIQ's chief
- 18/11/2016
- 18/11/2016
The top hedge funds managed approximately USD145 billion in equity holdings in the third quarter, down from the USD150 billion under management in Q2, and down more than USD50 billion from the highs reached in 2015.
The latest Hedge Fund Tracker analysis from S&P Global Market Intelligence also shows these funds increased the total number of positions to 424 in Q3 from 399 in Q2, which was a record low for stock positions held since S&P Global Market Intelligence began tracking this data in 2014.
Stocks in the healthcare and information technology sectors were the most sold off last
- 18/11/2016
- 18/11/2016
Emerging markets (EM) hedge funds ended the third quarter at a new record asset level, eclipsing the prior record from Q2 2015, according to the latest HFR Emerging Markets Hedge Fund Industry Report.
Assets dedicated to EM hedge funds increased to USD199.66 billion in Q3, up USD9.8 billion from the prior quarter as a result of strong performance-based quarterly gains and despite a net investor outflow of USD850 million.
The HFRI Emerging Markets (Total) Index gained 5.06 per cent in Q3 and added 1.10 per cent in October, led by regional exposures to Latin America, Russia, and Emerging Asia;
- 18/11/2016
Fund Tax Services (FTS) has expanded its offering to alternative investment managers with the launch of FTS Plus, providing clients with access to three strategic advisory partners.
FTS says the services of its new alliance partners – covering advisory consulting, marketing and distribution – are complementary to its core alternative investment fund services and each can help alternative managers achieve their strategic growth objectives.
Investment Business Advisors specialises in advising GP alternatives firm CEOs, COOs and CIOs regarding firm and fund assessments, strategic initiatives, alternative industry “Best Practice” and overall firm effectiveness, efficiency and transparency.
RT Hausler Strategic
- 18/11/2016
BroadRiver Asset Management has held the closing of BroadRiver II, with committed capital of USD366 million.
The life settlement fund includes commitments from a broad range of institutional investors, including public and private pension plans, insurance companies and large family offices in North America, Europe, the Middle East and Australia.
"We're pleased with the response to our most recent fund from existing and new investors," says Andrew Plevin (pictured), co-CEO of BroadRiver Asset Management. "The breadth and diversity of our limited partner investors affirms the confidence of institutional investors in life settlements. Institutional interest in this space has expanded dramatically in
- 18/11/2016
Confluence, a provider of investment data management automation for regulatory, financial and investor reporting and performance calculation and analytics, has extended the regulatory filing capabilities on its Unity NXT Regulatory platform.
Launched in May, Unity NXT Regulatory Reporting supports the entire reporting process for post-trade regulatory filings from one data-centric platform, eliminating the need to use multiple disparate systems.
Confluence has added support for Luxembourg BCL reporting, Central Bank of Ireland MMIF and MMM reporting to the platform.
In the US, the flexibility of the platform to quickly onboard new forms positions Confluence to meet the urgency around
- 18/11/2016
UK resident Navinder Singh Sarao has been ordered to pay a USD25,743,174.52 civil monetary penalty and USD12,871,587.26 in disgorgement for his role in ‘flash crash’ day.
The US District Court for the Northern District of Illinois’ order also permanently prohibits Sarao from further violations of the Commodity Exchange Act (CEA) and CFTC Regulations, as charged, and imposes permanent trading and registration bans on him.
The Court’s order arises from a CFTC enforcement action filed against Sarao, along with his company Nav Sarao Futures Limited, charging them with unlawfully manipulating, attempting to manipulate, spoofing, and use of a manipulative device
- 18/11/2016
Special Reports
FeatureD
- 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
- Intel
- April 15, 2024
