Digital Assets Report

Latest News

Arkk Compliance has launched a new service for regulated financial services firms. The firm has already been working with a number of investment firms on COREP and AIFMD filings since a soft launch back in April of this year. “The service is designed as a fixed-fee solution that assists firms in their quarterly or annual filings,” says Nick Baldwin (pictured), who heads up the Arkk Compliance team. “From talking to regulated firms we realised that often those with a small back office team or overseas managers struggle to meet annual or quarterly deadlines for their filings due to lack of
Challenger Limited’s boutique funds management division, Fidante Partners, is to acquire 100 per cent of European alternative investments group Dexion Capital Holdings Limited. Dexion has interests in three specialist fund managers, and also has an investments distribution business, based in London.   The acquisition substantially expands Fidante Partners’ presence in Europe where it already holds interests in UK-based alternative asset managers, including global infrastructure investor Whitehelm Capital and asset-backed security specialist, WyeTree Asset Management.   Challenger’s Chief Executive Funds Management, Ian Saines, says: “This represents a significant step- up in our European presence and is an important part of our
HSBC Securities Services (HSS), part of HSBC’s Global Banking and Markets business, has been appointed by RWC Partners Limited to provide administration and global transfer agency services to five new alternative funds. These funds, which will be managed by RWC's Emerging and Frontier Markets Equity Team, are expected to attract an anticipated USD1.3 billion assets under management during launch.   Founded in 2000, RWC is an independent investment manager with approximately USD11 billion in assets under management.   The new funds will be serviced by HSBC Securities Services Ireland, which has had a client relationship with RWC since 2002.  
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for June 2015 measured -0.65 per cent, while hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 2.71 per cent in July. “In terms of seasonality, July is typically a month that sees net outflows,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “SS&C GlobeOp’s CMI showed a -2.71 per cent change for July 2015, indicating a somewhat higher level of net outflows compared to -2.00 per cent a year ago.   “This increase in net outflows most likely reflects concern over
Nomura Research Institute (NRI) has implemented two ASP back-office systems, THE STAR*1 and I-STAR*2, at Nomura Securities (Nomura), the largest securities firm in Japan. As a result, Nomura has successfully discontinued the use of its in-house back-office systems for retail markets and street-side settlement of capital markets in Japan.   Although Nomura’s in-house system was flexible, the cost to maintain it was increasing rapidly year-over-year because of the ongoing updates which left the securities firm with an intricate and complex back-office system. Nomura completed the implementation of NRI’s retail back-office system, THE STAR, on Jan. 4th, 2013 and its capital
Quad Group, consisting of Quad Capital Management, Quad Securities Holdings and Quad Advisors, has recently added several experienced futures traders to its growing team. The new hires are:   John Curran, formerly of Caxton Phillip Gershgorin, formerly of Hetco Laura Hunt, formerly of Graham Capital and Goldman Sachs Chris Kelly, former NYMEX trader Steven Overbey, former NYMEX trader Josh Roberts, formerly of Vermillion Bruce Urquhart, formerly of Irving Refinery   “We are excited about the caliber of futures traders we have added,” says Peter Borish. Head Strategist at Quad Group. “Our payout structure is unparalleled which attracts experienced futures traders who
Five years ago, UCITS funds weren't exactly a prominent blip on the radar screen at  Société Générale Prime Services, but over the last two years, excluding managed accounts, they have accounted for approximately 50 per cent of all new funds onboarded by the business in Europe.  Andrew Dollery (pictured) is Director, Origination & Structuring at  Société Générale Prime Services. He looks after many of its UCITS fund clients and is also actively involved in the structuring and servicing of '40 Act funds, as well as hedge funds and managed accounts.  "It is relatively easy to launch a UCITS fund. We
SYZ Asset Management, the investment funds arm of Swiss banking group SYZ, offers investors two unique long/short strategies in its OYSTER UCITS-compliant fund range. The main differentiators between the two funds are summarised in the table.  Both funds are Luxembourg-domiciled, with each product providing its own diversification benefits as investors take steps to guard against expected equity market volatility on the one hand, and additional sources of returns to complement their fixed income portfolios on the other.  OYSTER market neutral Market neutral strategies, as their name suggests, are non-directional in nature. As Joseph G. Nicholas, founder and chairman of HFR
The liquid alternatives space, which by definition includes alternative UCITS funds in Europe and '40 Act registered alternative mutual funds in the US, is not only attracting strong inflows. According to latest research from Preqin, the average alternative mutual fund returned 4.36 per cent in 2014. This compares to returns of 3.78 per cent for the average hedge fund. The average alternative UCITS returned 1.45 per cent but if one considers performance at the strategy level, CTAs and equity market neutral funds held up well; according to Alix Capital, who run a series of alternative UCITS indices, their UAIX
With increased volatility starting to buffer equity and bond markets, investors have taken reassurance from the fact that the FundLogic Alternatives platform may provide the fund strategies needed to navigate the uncertainty.  Since the start of June, German bund yields have climbed from 0.53 percent to 0.815 percent, reaching a YTD high of 0.99 percent on 10th June. Global equity markets have seen a sell-off and although still in a six-year bull cycle, are starting to get a little toppish.  According to Stephane Berthet (pictured), Head of the FundLogic Alternatives platform, investors realise that potentially neither their equity or fixed

Special Reports

FeatureD

Events

16 May, 2024 – 8:30 am

Directory Listings