Latest News
The Lyxor Hedge Fund Index was up 0.8 per cent in July, with seven out of 10 Lyxor indices ending the month in the black, according to the firm’s latest Alternative Investment Industry Barometer.
The rally in global markets fuelled the most directional strategies, with special situations and L/S equity long bias managers leading the pack.
“The post-Brexit market rally in July fuelled directional hedge fund strategies such as L/S equity and event-driven. Yet, the near term outlook remains challenging as economic activity is weak and traditional asset classes are richly valued. Hence, we maintain a preference for hedge
- 10/08/2016
- 10/08/2016
Investors pulled USD20.7 billion from hedge funds last month – one of the largest drawdowns in years – but hedge funds saw a performance rebound in July, with aggregate performance hitting 1.89 per cent in July and 3.29 per cent year-to-date.
That’s according to the July 2016 eVestment Hedge Fund Performance Report. Of particular note, according to the report, was performance of event driven, activist and distressed funds, as well as funds focused on Brazil and China.
According to author Peter Laurelli (pictured), eVestment’s vice president and global head of research, in 2016 event driven funds have had more money
- 10/08/2016
- 10/08/2016
ACSI Funds, an asset management firm specialising in the use of proprietary customer satisfaction data as a leading indicator for security selection, has appointed exchange-traded fund (ETF) specialist Kevin Quigg as chief strategist.
ACSI Funds had previously been operating under the name CSAT Funds.
Prior to joining ACSI Funds, Quigg (pictured) was global head of sales strategy for State Street Global Advisors SPDR family of ETFs. Quigg oversaw the growth of assets under management in SPDR ETFs to over USD400 billion during his tenure.
"Kevin Quigg is a recognised leader in the ETF industry and has helped drive
- 10/08/2016
Tim Thornton, (pictured) COO, Fund Services, MUFG Investor Services has commented that the loss of AIFMD passporting rights that enable UK-based alternative fund managers to market products across the EU has been one of the industry’s main concerns since the Brexit vote.
“Whether the UK retains its existing AIFMD rights or is required to apply through the equivalency process will only become clear as negotiations progress. The latter scenario is much more likely, but given that the regulatory regime in the UK already matches that of the EU, the process of bringing forward the approval of an AIFMD third
- 10/08/2016
The US Commodity Futures Trading Commission (CFTC) is to publish proposed amendments to CFTC regulation 3.3 which would provide futures commission merchants, swap dealers, and major swap participants additional time to file chief compliance officer annual report.
The proposed amendments would also clarify the timing of the filing requirements applicable to swap dealers and major swap participants located in jurisdictions for which the CFTC has granted a comparability determination with respect to the contents of the reports.
If adopted, the proposed rule would effectively codify and supersede CFTC Staff Letter No 15-15 issued 27 March 2015.
The CFTC
- 10/08/2016
Nuveen has teamed with Artivest, a technology-driven alternatives investment platform, to bring alternative investments capabilities to RIAs, family offices, private banks and other financial advisers serving qualified high-net-worth investors.
Advisers will now be able to use investment tools, education materials and a client service team to access Nuveen and parent company TIAA’s alternative investment solutions, which currently comprise assets exceeding USD140 billion in aggregate, including real estate, agriculture, infrastructure, timber, agribusiness, private equity, as well as alternative credit-based, long/short, and special sector investment strategies.
Nuveen says alternative investments are playing an increasingly important role in building successful and diversified
- 10/08/2016
There is a growing attraction among hedge funds of all shapes and sizes to outsource any non-core related functions to trusted third parties as the demands of running a hedge fund in today’s regulatory-heavy environment increase. This has led to an upsurge in demand from managers across the AUM spectrum for outsourcing and managed services, as they seek to ease the operational burden.
As Gerhard Grueter pictured), co-founder of Lawson Conner, a market leader in compliance solutions for the investment fund industry, observes, the pace of regulation has increased over the last five years and become much more complex:
“Fund
- 09/08/2016
REDI Global Technologies has expanded its Asia-Pacific data centre infrastructure and added several new staff in the region.
This builds on REDI’s points of presence across Asia, EMEA and the Americas, and reinforces its cross-regional mesh of data centres.
"We see a tremendous amount of opportunity in Asia Pacific, and we're pleased to expand our presence in the region by growing our operations there," says Michael Rude, REDI's chief revenue officer. "This build out of our physical infrastructure in the region will allow us to provide a superior service to our clients trading into and within Asia by enhancing the performance, scalability and
- 09/08/2016
The European Energy Exchange (EEX) has welcomed Belektron as a new market maker on the Derivatives Market for Emission Allowances.
Since January 2015, Belektron has been active as a market maker on the EUA Spot Market and has provided buy and sell orders on the EUA Futures Market since the beginning of this month.
"We are pleased to be able to extend our market making services on the spot market also to the EEX carbon derivatives market. This will further strengthen Belektron's position as a major player in the European carbon markets," says Boštjan Bandelj, director of Belektron.
- 09/08/2016
IP Trade, a provider of real-time communications and collaboration systems for trading floor environments and operations dispatch centres, is expanding its presence throughout Europe.
IP Trade is capitalising on recent growth across all business segments in the region, responding to industry consolidation and preparing for a major buying cycle as customers migrate from legacy platforms.
Jean-Francois Geys, chief executive of IP Trade, says: “We already have had significant customer wins in England, France, Ireland and Luxembourg, and with our increased focus in Europe, we expect 50 per cent revenue growth in the region in 2016. As a European company,
- 09/08/2016
- 09/08/2016
Special Reports
FeatureD
- 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
- Intel
- April 9, 2024
