Latest News
The SS&C GlobeOp Forward Redemption Indicator for August 2016 measured 3.86 per cent, up from July’s figure of 2.95 per cent.
The indicator is up from the 3.46 per cent figure reported a year ago for August 2015.
Bill Stone (pictured), chairman and chief executive officer, SS&C Technologies, says: “Given seasonal patterns, this result is in the normal range of historical variation."
- 19/08/2016
Rhenman & Partners Asset Management is to launch a global equity long-short fund on 31 August, named Rhenman Global Opportunities L/S.
The fund can invest in all sectors worldwide and will be managed by Staffan Knafve.
Rhenman Global Opportunities L/S will make its investments based on active selection of regions and sectors, completely independent of index.
The fund will take 35 to 50 positions, preferably in larger companies. The investment horizon for long positions will typically be two to four years, while the time horizon for short positions will typically be six months up to two years. The
- 19/08/2016
A decade after starting Blue Sky Alternative Investments, founder Mark Sowerby will hand over the reins to the company’s current chief operating officer, Robert Shand, on 30 September 2016.
Shand has been with Blue Sky since 2010, was promoted to chief operating officer in 2013, and is well known to Blue Sky’s investor and associate network. He will replace Sowerby as managing director, backed by the existing team.
Sowerby, who will remain an active adviser to the business and a significant shareholder, is stepping down to spend time with his family and increase his involvement in other projects with
- 19/08/2016
Hedge funds gained 1.99 per cent in July, according to the Barclay Hedge Fund Index compiled by BarclayHedge.
Year to date, the index is up 2.66 per cent.
“The confluence of post-Brexit central bank accommodation, positive Q2 earnings, and signs of a strengthening US economy supported global equity markets and created favourable conditions for all hedge fund strategies,” says Sol Waksman (pictured), founder and president of BarclayHedge.
All of Barclay’s 17 hedge fund indices had gains in July. The Healthcare and Biotechnology Index gained 3.97 per cent, Equity Long Bias was up 3.05 per cent, Distressed Securities gained
- 19/08/2016
Substance in the fund management sector, particularly in the context of the Alternative Investment Fund Managers Directive (AIFMD) and Base Erosion and Profit Shifting (BEPS) initiative, is of increasing importance, according to a Guernsey Finance white paper.
Investment funds – Why substance is key, written by funds journalist Kirstie Brewer, examines how the need to prove that an offshore fund manager has the necessary ‘substance’ to its business dealings and functionality has never been more acute, particularly in the context of the current climate of regulatory reforms and politically-motivated improvement of tax transparency.
The white paper looks specifically at
- 19/08/2016
Nasdaq has extended its contract with BM&F Bovespa – the largest stock exchange in Latin America – for the use of the SMARTS Market Surveillance platform across Brazil's equities, commodities and futures markets.
Nasdaq has been working with BM&F Bovespa since 2011, helping to detect irregularities and market abuse in the Brazilian market.
As well as continuing to provide high quality market surveillance solutions, Nasdaq will be upgrading the exchange to the latest version of SMARTS, which includes a broad set of enhancements such as new modules, improved performance and capacity, and new visualisations to aid investigation.
"We
- 19/08/2016
After a drawdown in June due to the market turmoil surrounding the Brexit vote, the UCITS HFS Index bounced back in July, reporting gains of 0.75 per cent.
The broad index started the month with a positive performance of 0.32 per cent after the first full week of trading. Maintaining that momentum, week two brought additional gains of 0.30 per cent.
The UCITS HFS Index slowed down in the second half of the month, but week three and four still saw the increases of 0.11 per cent and 0.03 per cent, respectively. Of all funds tracked 76.23 per cent
- 19/08/2016
- 19/08/2016
Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016.
That’s according to the latest HFR Emerging Markets Hedge Fund Industry Report, which reveals that the HFRI EM: Latin America Index having surged 8.9 per cent in Q2, and added another 4.3 per cent in July.
This brings its year-to-date performance to +24.4 per cent for 2016.
Capital invested in emerging markets hedge funds rose to conclude Q2 2016
- 18/08/2016
- 18/08/2016
Norrep Capital Management has appointed Wan Kim as senior vice president, national sales and marketing.
Kim has over 20 years of experience in the investment industry. Prior to joining Norrep, he was at a large financial institution where he managed external wholesalers supporting 27,000 active financial advisers in all channels (IIROC, MFDA, AMF, and MGAs) using bank products.
Previously, Kim led the sales teams at three other national fund companies where he held the role of senior vice president, national sales. Kim led a sales team to 54 consecutive net positive months of sales of mutual funds from 2004
- 18/08/2016
All six of IndexIQ’s family of IQ hedge absolute return indices recorded a positive performance in July.
The IQ Hedge Market Event Driven Index led the way with a return of 2.77 per cent for the month, followed by the IQ Hedge Long/Short Index which was up 2.59 per cent and the IQ Hedge Global Macro Index, up 1.13 per cent.
The IQ Hedge Multi-Strategy Index, the IQ Merger Arbitrage Index and the IQ Hedge Market Neutral Index recorded returns of 0.93 per cent, 0.64 per cent and 0.29 per cent, respectively.
“We saw markets relax a little
- 18/08/2016
- 18/08/2016
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
