Hedge fund IT spending in North America is expected to grow at a compound annual rate of 4.4% (USD231 million) from 2009 to 2014, with Asia estimated to grow the fastest at 7.2% (USD36 million), according to a new report,
Hedge funds gained 1.06 per cent in May, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index is up 5.87 per cent year to date. “While improving consumer confidence and higher prices for US homes
HedgeOp Compliance, LLC, a provider of consulting services for private fund advisers and specialised compliance software for a wide array of investment advisers, has expanded its footprint in the US market with the opening of a San Francisco office. The
In the wake of inflationary pressure, the on-going loosening by China of its monetary policy is likely to be a key catalyst in ensuring the outperformance of emerging market equities compared to developed markets. However, with the crisis in the
Execution LLC, an agency-only broker, has launched an options trading platform. The new offering is led by John Margolis who joined Execution in May 2009 from Thomson Financial where he had a 20-year career in technology and trading. The
The British Virgin Islands (BVI) has reversed recent trends by becoming the only offshore financial centre to have its rating boosted in the latest Global Financial Centres Index (GFCI). The improvement comes against a backdrop of decline among all
To strengthen their goal of offering leading investment products globally, Canadian asset management veteran, Arrow Hedge Partners, is expanding its presence in the UK through new firm, Generation Asset Management (G2AM). The move coincides with a full corporate rebrand. After
Franklin Resources, which operates as Franklin Templeton Investments, has acquired the remaining 80 per cent stake of alternative investments specialist Pelagos Capital Management, LLC, to become a 100 per cent equity stakeholder. Franklin Templeton acquired its initial 20 per cent
Commodities, as measured by the DJUBS Commodities Index, have returned 8.3% year to date to 6 March. This strong performance was driven by one factor – weather, say Alastair Baker and Patrick Brenner, Fund Managers, Schroders… Whilst weather has the
NYSE Liffe, the European derivatives business of NYSE Euronext, has launched a standard cash-settled futures contract based on the CAC 40 Dividend Index. The move follows the launch of the exchange’s FTSE 100 Dividend Index futures contract in May this
