Advisory firms face new vulnerabilities caused by a powerful combination of risks, according to a white paper released by SEI. The Risk Dynamic examines how five distinct, yet interrelated, risks compound firm pressures, such as diminished operating margins and revenues,
The financial services industry exchanges information on securities using some 55 symbologies. Third-party providers have had to develop and maintain complex workflows in order to map diverse market identifiers to the business processes that serve their clients. This requirement has
Alps Advisors, a provider of outsourced and advisory solutions to the investment management industry, has launched the Alps|GNI Long-Short Fund. GNI Capital, a South Carolina-based long/short equity investment management firm, will serve as sub-adviser for the fund. The fund is
The Credit Suisse/Tremont Hedge Fund Index finished relatively flat in October, up 0.13 per cent, as a result of increased market volatility. This brings year-to-date performance of the index to 15.11 per cent. Dedicated short bias led the performance among
EDHEC Business School is holding the fifth edition of the EDHEC Research Day in London on 28 June at the Victoria Park Plaza. The focus will be on the influence of academic research on business and the economy. The practical
Gartmore, a traditional equity and alternative asset management firm, intends to proceed with an initial public offering and application for listing of its ordinary shares to the Official List of the UK Listing Authority and to trading on the main
The RBC Hedge 250 Index had a net return of -0.25 per cent in October, bringing the year-to-date return of the index to 17.20 per cent. These returns are estimated and will be finalised by the middle of next month.
Tetragon Financial Group has entered into a definitive agreement with Calyon to acquire Lyon Capital Management and certain collateralised loan obligation securities. LCM was established by Calyon, the corporate and investment bank of Credit Agricole Group, as an asset manager
BNY Mellon Alternative Investment Services has been appointed as global custodian by The Sturgeon Fund, the Central Asia focused hedge fund managed since 2006 by Clemente Cappello. Taco Sieburgh Sjoerdsma, who joined Sturgeon Capital as chief financial officer in June
Hedge funds registered a 0.20 per cent loss in October, according to the Barclay Hedge Fund Index compiled by BarclayHedge. “Prior to October’s loss, the Barclay Hedge Fund Index gained 21.96 per cent during seven consecutive months of positive performance,”
