Digital Assets Report

Latest News

By Meghan McAlpine – Given the uptick in new funds being raised, competition for investors’ capital has increased significantly.  Investors are being more thorough in the diligence process and almost always requesting more information than what’s presented in a standard DDQ. In order to compete for this capital, fund managers are providing a substantial amount of information to investors.   The industry as a whole is seeing an increase in transparency, which has been insisted upon by investors over the past several years. Performance, while a very important factor, is only part of the criteria that investors are considering when determining whether or not to
Neuberger Berman has signed a partnership agreement with Italian private bank Fideuram – Intesa Sanpaolo Private Banking SpA. This partnership brings Neuberger Berman’s UCITS fund range to the Fideuram and Sanpaolo Invest networks. Neuberger Berman’s comprehensive fund range will be made available to more than 5000 Fideuram and Sanpaolo Invest private bankers and consists of Ireland-domiciled funds investing in equities, fixed income and liquid alternative strategies.   “This is a key milestone in our strategy in Italy which is a very important market for us,” says Dik van Lomwel (pictured), Head of EMEA and LatAm at Neuberger Berman. He adds,
Eurex has introduced Euro STOXX 50 quanto futures as of 21 March 2016. The USD-denominated product allows investors to participate in the performance of the index without being subject to currency fluctuations between Euro and US dollar. The new quanto futures will finally settle into the same level as the Euro STOXX 50 futures, which are the most liquid derivatives instruments in Europe, but with fees and margins being paid in US dollars. Currently, quanto risks coming from US dollar denominated structured products are primarily hedged by banks via OTC forwards.  “With the new quanto futures, Eurex will offer an
Regulation continues to weigh heavy on the shoulders of global fund managers. When asked the question, "What worries you most about your portfolio in 2016?" some 30 per cent of attendees said increased regulatory pressure, with 17 per cent citing higher jumps in volatility.  With more regulation coming down the pipeline, most notably the pervasive second iteration of Markets in Financial Instruments Directive, MiFID II, due to be transposed across Europe in January 2018, the need to update and improve operational systems and procedures will continue at pace to cope with increased transparency demands.  Indeed, the Alternative Investment Fund Managers Directive (`AIFMD')
All investors are keen to hear where the next market opportunity lies or why a particular investment strategy is well suited to the prevailing economic wind, and this was no exception at the Amsterdam Investor Forum. During his opening address, Gildas Le Treut (pictured) asked the audience to vote on the following question: What alternative investment strategies do you see best performing in 2016? The results were as follows: • CTA ~ 32 per cent (even though this was the least performing strategy in 2015, returning -0.49 per cent); • Multi-Strategy ~ 17 per cent (+4.14 per cent returns in 2015); •
For hedge fund investors, trying to enhance portfolios in the current low yield environment is a challenge. As such, strategy selection and risk management are key tools to provide end investors with diversified returns that both compliment their long-only allocations to traditional assets, and protect against whipsawing markets.  This topic was discussed in detail in a panel session moderated by Lukas Daalder, Executive Director, CIO Investment Solutions, Robeco, entitled "Enhancing portfolios in a low yield environment". Daalder asked the audience to vote on how long low yields will last. Only 11 per cent of the audience felt it would be
Peter Agrimson has assumed an expanded role as co-portfolio manager for the Nuveen Multi-Market Income Fund (NYSE: JMM), effective 18 March, 2016.  Agrimson joins existing portfolio managers Jason O’Brien, Chris Neuharth and John Fruit. As a member of Nuveen Asset Management’s Securitized Debt team, Agrimson has been responsible for trading mortgage-backed securities, asset-backed securities and commercial mortgage-backed securities in JMM. The objective of the fund is to provide high monthly income consistent with prudent risk to capital with exposure across multiple fixed income markets. The fund invests primarily in debt securities, including, but not limited to, US agency and privately
Following Fidante Partners’ acquisition of Dexion Capital Holdings Limited in July 2015, the combined business is rebranding as Fidante Partners. The business will operate as Fidante Partners and Fidante Capital and comprises an international investment management business which is fully owned by Challenger Limited, an Australian securities exchange-listed company with a market capitalisation of AUD4.7 billion (USD3.6 billion) 2 and AUM of AUD57.6 billion (USD42.0 billion)1.   With funds under management of AUD41.6 billion (USD30.3 billion), Fidante Partners is an investment management company that partners with specialist asset management firms.1   Fidante Partners provides access to high quality products across
The SS&C GlobeOp Forward Redemption Indicator for March 2016 measured 4.26 per cent, up from 3.27 per cent in February. "SS&C GlobeOp's Forward Redemption Indicator for March 2016 was 4.26 per cent, an increase from 3.27 per cent for February 2016. The 4.26 per cent for March 2016 was also an increase on a year over year basis compared to 3.91 per cent for March of 2015," says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. "This was the first year over year increase in the Forward Redemption Indicator in several months so it will be interesting to
Quantopian, the crowd-sourced quantitative investment firm, will launch in Australia this weekend with a series of outreach events for local practicing and aspirational quants. Quantopian, which was founded in the US in 2011, provides an open platform where anyone can research, backtest, and execute their algorithmic strategies. The firm picks the best-performing algorithms and allocates capital to them. The algorithm authors are paid a percentage of profits earned by the algorithm, and retain the rights to it as their intellectual property. An Australian was among the first to receive an allocation from the firm for his algorithm in 2015. In

Special Reports

FeatureD

Events

16 May, 2024 – 8:30 am

Directory Listings