Six of the seven of IndexIQ’s hedge fund replication and alternative beta indices were positive in December 2012. The IQ Hedge Emerging Markets Beta Index was the top performer at 1.80 per cent, followed by IQ Hedge Market Neutral Beta
The Lyxor Global Hedge Fund Index, an investable index based on Lyxor’s hedge funds platform which tracks the overall hedge fund universe, was down 0.8 per cent in November. Year to date performance remains positive at 3.5 per cent. Equities
Citi has expanded its Citi OpenInvestor suite of investment services to include Segregated Collateral Custody Accounts that help clients better mitigate counterparty risk, provide asset safety and improve collateral efficiency. This new capability adds to Citi’s existing agency collateral
The future of Jersey’s zero basic rate of corporate income tax is in renewed doubt amid heated debate in the Channel Islands and critical comments by the European Union and the UK Treasury. Following a recent review of the compliance
The Dow Jones Credit Suisse Core Hedge Fund Index closed up 0.99 per cent in December as each of the seven index component strategies reported positive results for the month. Event driven (2.14 per cent) and emerging markets (1.34 per
Agecroft Partners predicts that the hedge fund industry will set a new record for assets in 2013 despite the lacklustre investment performance for the industry over the past two years. This will be driven by pension funds increasing their asset
The Swiss banking group Syz has launched Oyster ForExtra Yield EUR, a new sub-fund of its Oyster Funds Sicav. The sub-fund seeks to take advantage of the high interest rates paid by certain currencies. This strategy has been tested for
Managed futures gained 1.01 per cent in January, according to the Barclay CTA Index compiled by BarclayHedge. “CTAs got a boost this month from the ‘Abe trade’ (short the Japanese Yen and long the Nikkei or TOPIX), named for the
State Street has been selected by LibreMax Capital to provide fund administration services for its newly launched hedge fund. LibreMax Capital was founded by former Deutsche Bank executives Fred Brettschneider and Greg Lippmann. International Fund Services, State Street’s hedge fund
Inflation can be good for governments, reducing the real value of government debt, but it reduces living standards for those whose incomes are not protected from rises in the rate of inflation. Keynes called it “Euthanasia of the rentier”, and
