Wall Street Access Corp has acquired a majority interest in RJL Capital Group (RJL), a New York-based provider of prime brokerage and trading services. Terms of the private transaction have not been disclosed. RJL provides a suite of integrated prime
The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.06 per cent gain in November. Year to date, the index is up 0.25 per cent. “Choppy waters made for tough sailing in November,” says Sol Waksman
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.32 per cent in November, outperforming the 0.07 per cent monthly return of the HFRX Global Hedge Fund Index. The
Sector rotations caused headwinds for hedge funds last week with the Lyxor Hedge Fund Index falling by 1 per cent, according to the latest Weekly Brief from the Lyxor Cross Asset Research team. L/S Equity funds underperformed. Variable biased funds
All seven of the MV Index Solutions (MVIS) investable Long/Short Equity Indices recorded positive performance in July. The MVIS Asia (Developed) Long/Short Equity Index and the MVIS North America Long/Short Equity Index led the way with returns of 1.78 per
After a strong October, Alternative UCITS funds produced slightly negative returns on average in November, according to the latest LuxHedge Alternative UCITS market overview. The LuxHedge Global Alternative UCITS index lost 0.13 per cent during the month, bringing YTD gains
Rational Funds, a family of funds rooted in the investment philosophy of applying a rational approach to investing, has converted the Rational Real Strategies Fund into the Rational Hedged Return Fund (HRSTX). The fund is now sub-advised by Warrington Asset
Hedge Funds gained 0.62 per cent in November according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index is up 9.08 per cent in 2017, and has had 13 consecutive winning months during which it gained 11.20 per cent return.
Hedge funds marked their 13th consecutive month of positive returns in November with 0.47 per cent average returns for the month, bringing year-to-date returns for the industry to +7.70 per cent., according to eVestment’s latest Hedge Fund Industry Performance Report.
Abacus Group has secured a minority investment from WestView Capital Partners. Drake Star Partners acted as an exclusive financial advisor to Abacus Group on this transaction. Founded in 2008, Abacus Group has successfully served the hedge fund and financial institution
