Latest News
Frankfurt-based Tungsten Capital Management’s Artificial Intelligence CTA programme, which was taken live 12 months ago, has delivered strong returns.
The firm's UCITS CTA Tungsten TRYCON Basic Invest HAIG had previously been managed as a trend follower like most of its peers.
After many years of research, it has left the beaten path that CTAs have traditionally taken and redefined the CTA concept, employing sophisticated statistical methods from the field of Artificial Intelligence.
The new “QuantMatrix” strategy was taken live in September 2013. Since then, the fund has returned 11.9 per cent, with a volatility of only 7.4 per
- 29/09/2014
Context Asset Management has appointed Andrew Wert as managing director and senior portfolio manager for single-manager funds.
In his new role, Wert is responsible for the investment management of Context's single-manager products, including portfolio structure and design, sub-adviser selection, due diligence and risk management.
Context launched its inaugural product, the multi-manager and multi-strategy Context Alternative Strategies Fund (CALTX), earlier this year.
"Andrew has nearly two decades of experience leading asset allocation, risk management and proprietary trading for financial institutions and endowments, which uniquely positions him to help us expand our product offerings," says John Culbertson, managing director and
- 29/09/2014
UBS Global Asset Management this week announced the listing of four ETFs on the London Stock Exchange. The funds track the Dow Jones Global Select Dividend and MSCI Emerging Markets SRI indices as well as the MSCI USA index.
The UBS DJ Global Select Dividend UCITS ETF is a new product offering exposure to the top dividend paying companies globally. The underlying index is weighted by dividend yield with the constituent stocks selected on fundamental strength relative to peers, subject to dividend strength and liquidity.
UBS was the first asset manager to offer ETF exposure to the MSCI Socially
- 28/09/2014
BlueCrest’s Leda Braga is to leave the USD27bn hedge fund operation to separately run her USD8.3bn systematic fund BlueTrend, plus the smaller BlueMatrix fund, under a new company called Systematica Investments.
Systematica Investments will be majority-owned by Braga and her team, with BlueCrest holding a minority economic interest. Braga’s 100-strong team will continue to be based in Geneva. The move will allow Braga and her team to concentrate on developing systematic trading strategies with competitive fee structures.
BlueCrest founder Mike Platt will continue to oversee the company’s remaining USD17.8bn of AuM, including the AllBlue and BlueCrest Capital International funds.
- 28/09/2014
PIMCO co-founder and CIO William H Gross is leaving the firm to join Janus Capital Group where he will manage the recently launched Janus Global Unconstrained Bond Fund and related strategies.
Gross joins Myron Scholes, PhD, and other members of the Janus team focused on global asset allocation. His employment will be effective 29 September, 2014 and he will begin managing the Janus Global Unconstrained Bond Fund and related strategies from 6 October, 2014.
PIMCO has a succession plan in place and its Management Board, comprised of its Managing Directors, is expected to confirm shortly the election of a new
- 27/09/2014
- 27/09/2014
Gatekeepers anticipate increasing the proportion of alternative investments used in institutions' portfolios through 2015, according Cerulli.
The September 2014 of The Cerulli Edge – US Monthly Product Trends says consultant and institutional investor demand bodes well for asset managers overseeing alternative asset strategies.
At USD11.9 trillion and USD1.9 trillion, respectively, mutual funds and ETFs are at their highest asset levels since January 2014.
The large-blend and foreign large-blend categories captured the most flows for mutual funds in August and 2014 YTD.
ETF flows increased by 20 per cent from July to August, but they lagged behind June's
- 26/09/2014
Lombard Odier Investment Managers (LOIM) has appointed Andrea Argenti as country head for its business in Italy, effective December 2014.
Argenti joins from BlackRock Investment Management where he spent the last 14 years and since 2006 was head of retail Italy for that business.
Before joining BlackRock in 2000, Argenti was a sales manager at Société Générale Asset Management in Milan and began his career at Alcor, Solvay Group.
He will be based in Milan and report to Hubert Keller, chief executive of LOIM and a managing partner of Lombard Odier.
“Italy is a key market for
- 26/09/2014
Deloitte has strengthened its hedge fund practice with two key appointments for the UK and EMEA regions.
Chris Farkas joins Deloitte as UK hedge fund leader. He was Deutsche Bank’s European head of hedge fund consulting in its prime brokerage group, working with global top 100 hedge funds and significant hedge fund start-ups.
Prior to Deutsche Bank, Farkas was head of sales at GlobeOp and executive director on the Goldman Sachs European hedge fund consulting team.
Farkas’ appointment follows the announcement that Deloitte’s Brian Forrester will take on the role of hedge fund leader for the Europe, Middle
- 26/09/2014
- 26/09/2014
Bitcoin, gold and sterling exchange Netagio has partnered with Isle of Man payment services provider WalPay, allowing customers to deposit funds and receive international payments in GBP, EUR and USD.
Further currencies are to follow.
The new banking facilities, in place from 25 September 2014, are underpinned by European banking partners that are authorised and regulated in accordance with the European Payment Services Directive.
In addition, the partnership with WalPay will soon enable Netagio customers to make credit and debit card payments to their Netagio trading accounts, once the integration has been completed. Any Netagio customer holding a
- 26/09/2014
- 26/09/2014
Monetary policy divergence is not the only kind of divergence in the global economy that is contributing to a prolonged global and US economic expansion, says BNY Mellon Chief Economist Richard Hoey…
Currency markets can be a mechanism for redistributing growth and inflation within the global economy. “Expectations of future monetary policy divergence have been generating favourable trends in currency divergence. We expect a prolonged global and US economic expansion.
With a reduction in the fiscal drag and the deleveraging drag, combined with the gradual adjustment of the financial system to restrictive financial regulation, some acceleration in the pace of
- 26/09/2014
Special Reports
FeatureD
- Intel
- April 26, 2024
- 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
