STP Investment Services, a provider of middle office and investment operations outsourcing, fund services and technology solutions, has expanded the breadth of its existing services with the acquisition of Accusource, an investment operations firm serving the investment management industry. The acquisition
Hedge funds bounced back to positive territory in April, up 0.55 per cent with the underlying markets, as represented by the MSCI AC World Index (Local) up 1.18 per cent over the same period, according to the latest Eurekahedge Report.
The novel currency and gold-focused CTA strategy run by ex-AHL director Christopher Cruden has marked its fifth anniversary with a strong double-digit showing in the first six weeks of the year.
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -0.31 per cent in January, underperforming the 0.41 per cent monthly return of the HFRX Global Hedge Fund Index. The Wilshire
Tages Capital has held the first closing of Tages Emerging Opportunities II, a closed-end fund focused on providing seeding and acceleration capital to emerging hedge fund managers in exchange for an economic participation in their business with USD203 million in
Rishi Sunak, former partner at global long/short equity hedge fund Theleme Partners and Sir Chris Hohn’s The Children’s Investment Fund Management, has been named Chancellor of the Exchequer after Sajid Javid resigned on Thursday.
Hedge funds are continuing to bet against Europe’s travel industry, with several brand-name managers growing their shorts in travel staples such as EasyJet and TUI, amid concerns the fallout from the coronavirus (Covid-19) outbreak could impact the continent’s tourism sector.
The managed futures industry stepped into 2020 on a positive note with a 0.51 per cent return in January, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. It was the third consecutive profitable month
Depositary assets at INDOS Financial have grown to USD25 billion, only three months since the service provider passed the USD20 billion milestone on 1 February. According to Bill Prew (pictured), CEO of INDOS Financial, this continuing, rapid rate of growth
The hedge fund industry had a downbeat start to the new year losing 0.18 per cent in January, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P 500 Total Return Index
