Pico, a provider of technology services for the global financial markets community, is to acquire Corvil, a specialist in real-time analytics and machine intelligence products for financial markets infrastructure performance and operations. “With Pico as a premiere technology service provider
UK-based hedge fund firm Man Group has reported a 35 per cent increase in funds under management during 2017, up USD12.8 billion to USD109.1 billion. The company says that net revenues increased by 33 per cent during the year reflecting
Energy commodity merchant Castleton Commodities International (CCI) has closed two credit facilities totalling USD2.775 billion. The facilities include a committed borrowing base facility and a committed unsecured revolving credit facility. The borrowing base facility is comprised of a USD750 million three-year
Ultimus Fund Solutions (Ultimus), an independent provider of fund administration, accounting and investor solutions to traditional and alternative fund managers, is to acquire LeverPoint Management (LeverPoint). LeverPoint, headquartered in Clifton Park, NY, is an independent provider of full-service fund administration,
Lyxor Asset Management has partnered with Academy Investment Management, a New York based asset management firm, to launch the Lyxor/Academy Quantitative Global UCITS Fund, a systematic market neutral strategy focused on global equity markets. The Fund utilises a proprietary statistical
By Joe McGrath – Returns from the low end of investment grade debt are doing nothing to excite investors, so hedge funds are looking to higher yields … in China. Investors seeking a higher yielding income source are flocking to
Hedge funds recovered strongly last week from the recent stock selloff, with two exceptions: fixed income funds, flat this week; and neutral equity funds, still suffering from sector and factor rotations. The risk-on sentiment though broadly supported hedge funds last
The SS&C GlobeOp Forward Redemption Indicator for August 2019 measured 3.41 per cent, up from 2.69 per cent in July. “SS&C GlobeOp’s Forward Redemption Indicator of 3.41 per cent for August 2019, though up from the 2.73 per cent reported a
The VIX is not broken says Taylor Lukof of ABR Dynamic Funds. “There was an opportunity for the VIX to break on the 5th of February and here we are two weeks later and the VIX is at 18, down
The Commodity Futures Trading Commission (CFTC) has issued an Order filing and simultaneously settling charges against Respondent, Eagle Market Makers, Inc. (Eagle), an Illinois firm, for engaging in wash sales and noncompetitive transactions which were traded on the Chicago Board
