Latest News
Object Trading, a provider of global, multi-asset trading infrastructure, is the first vendor providing market access to the Australian Securities Exchange (ASX) to have conformed to the upgraded ASX 24 (futures) New Trading Platform (NTP) from Cinnober, due to go live in early 2017.
ASX 24 market participants need to connect to the NTP in order to continue trading.
Object Trading says clients using its Direct Market Access (DMA) Platform can adapt to the NTP upgrade with ease.
Managing the technological and business changes that are needed with each exchange update is a considerable challenge. By connecting to venues
- 15/09/2016
Alternative asset manager Tages Capital has launched the Tages Alternative Risk Premia Fund with over USD100 million of capital from European institutional investors.
The Dublin domiciled ICAV fund’s strategy has been developed to provide an attractive risk adjusted return profile, aimed at delivering uncorrelated returns to traditional asset classes.
Berouz Fatemi, portfolio manager and head of quantitative strategies, says: “The analysis of alternative risk premia, and the specific risk factors contributing to the hedge funds’ returns, have always been at the core of Tages’ manager selection and portfolio construction. It is therefore a natural step for Tages to establish
- 15/09/2016
Systematic investment manager Aspect Capital has extended its range of funds available to investors with the launch of the lower fee, lower volatility Aspect Core Trend Fund.
The fund, which started trading on 13 September, has received approximately USD100 million in seed capital from a European institutional investor.
The investment vehicle is structured as an Irish Collective Asset Management Vehicle (ICAV) – also known as a Qualifying Investor Alternative Investment Fund (QIAIF) – with Aspect leveraging its scalable existing technology and infrastructure to allow the fund to trade in a cost-effective way.
It aims to deliver pure momentum-based
- 15/09/2016
- 15/09/2016
Although California is best known for its venture capital industry, the state has seen marked growth and diversification of its alternatives market, as other private capital and hedge fund managers are drawn to the area, according to Preqin.
The number of active California-based private capital firms has more than trebled since the start of 2000, and there are now a record 949 active fund managers. Additionally, 233 hedge fund managers have been incepted in the state since 2010, leading to the launch of 750 new hedge funds.
Unsurprisingly, the growth in the number of California-based managers has led to
- 15/09/2016
JP Morgan Asset Management has launched its first alternative and actively managed exchange-traded fund, JPMorgan Diversified Alternatives ETF (JPHF).
It is designed to provide diversified exposure to hedge fund strategies including equity long/short, event driven and global macro strategies.
JPHF was designed and is managed by Yazann Romahi, global head of quantitative beta solutions at JP Morgan Asset Management. A pioneer in hedge fund beta investing, Romahi created the ETF with the support of a team of 17 investment specialists who have been focused on beta philosophy research and development for more than a decade.
The team manages over
- 15/09/2016
- 15/09/2016
SEC-registered alternative investment adviser SG Capital Management has appointed two seasoned research analysts, Jonathan R. Evans and Lawrence Harvey Weisman.
They will share responsibility for idea generation alongside the equity analyst team.
Evans began his career in the finance industry as an equity research analyst and portfolio manager for Heartland Capital.
Evans joined Conseco Capital Management in 1993 as a research analyst and portfolio manager for their insurance wrapped mutual fund products. Evans was recruited by Friess Associates, manager of the Brandywine Funds, as a research consultant from 1996 to 2006. Following his decade with Friess Associates, Evans became
- 15/09/2016
Australian-based fund administrator MainstreamBPO has expanded its operations into the UK and Europe following receipt of in principle regulatory approval from the Malta Financial Services Authority (MFSA) to act as a fund administrator.
The announcement follows the Ggoup’s recent move into the US via the opening of its New York office and acquisition of Fundadministration.
It also has operations in Australia, Hong Kong and Singapore.
Malta is one of the key domiciles of alternative investment funds in the European Union, alongside Luxembourg and Ireland, with a net asset value of EUR10 billion in over 500 locally based funds.
- 15/09/2016
Orlando-based Inside Advantage PR – a specialist in hedge funds, law firms and wealth management firms – is broadening its reach into New York City with the opening an office in Midtown Manhattan.
The new space, located at 275 Madison Avenue, will serve as the home for several of the agency’s north-eastern clients.
Inside Advantage PR’s president Jonathan Beaton says the expansion is long overdue.
“Many of our clients are already located in Manhattan, or have an office in the city,” he says. “Our new presence will further bolster those relationships and help us build new ones.”
- 15/09/2016
- 15/09/2016
Cumbersome client data acquisition and onboarding processes, along with trading delays due to missing or inaccurate client documentation, are top concerns for buy-side firms, according to a report from TABB Group.
The study found 62 per cent of respondents experience challenges gathering and maintaining data from their clients, including the need to ask clients for additional documentation to ensure data correctness and consistency for Anti-Money Laundering (AML)/Know Your Customer (KYC) compliance.
TABB Group’s research suggests that individual investment managers could avoid costs of over USD11,000 per onboarding by improving client data and document management processes.
In addition, the
- 15/09/2016
Omni Partners’ Omni Event Fund marked its third anniversary on 1 September, with USD355 million of assets under management in the strategy.
The Omni Event Fund delivered a 16.6 per cent net return to iinvestors in 2015 and is currently up over 8 per cent through the end of August 2016, as cited by BarclayHedge.
The fund is actively managed from Omni’s Irvine, California office and invests in the securities of companies undergoing significant corporate actions and other hard catalyst events globally.
Chief investment officer John Melsom says: “The robust corporate action environment, combined with our focus on
- 15/09/2016
- 15/09/2016
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
