Exchange traded fund sponsor and asset manager WisdomTree has launched the WisdomTree Dynamic Long/Short US Equity Fund (DYLS) and WisdomTree Dynamic Bearish US Equity Fund (DYB) on the BATS Exchange. DYLS offers a stock selection strategy designed to add alpha
Japan is host to some of the largest pools of institutional investment assets in the world. It ought to be a magnet for asset managers of all kinds, and especially for the alternative investment managers that are garnering substantial shares
Cowen has completed its acquisition of Convergex Group for a total consideration of USD100.7 million (including seller transaction expenses) and is comprised of USD53.1 million in cash and USD47.6 million in Cowen common stock. Effective today, Convergex has been
Vineer Bhansali has formed LongTail Alpha, a new investment management advisory firm that will provide qualified investors with the opportunity to benefit from the experience of one of the most accomplished tail risk experts in the financial industry. LongTail Alpha
Intercontinental Exchange (ICE) is to acquire Bank of America Merrill Lynch’s Global Research division’s index platform. The BofAML indices are the second most used fixed income indices by assets under management (AUM) globally, and upon closing, the AUM benchmarked against
Royce & Associates is reopening the Royce Premier and Special Equity Funds to new investors as of Monday, 4 January. Chuck Royce and Charlie Dreifus, the funds' respective portfolio managers, say they are comfortable accepting additional asset flows at each
Neptune, the open standards network utility for pre-trade indications in bond markets, is continuing to expand its business to the wider community. The network launched in August initially, with a limited set of buy-side and sell-side sponsors. Neptune has already seen
The SS&C GlobeOp Forward Redemption Indicator for December 2015 measured 4.98 per cent, up from 4.90 per cent in November. “SS&C GlobeOp’s Forward Redemption Indicator increased slightly to 4.98 per cent for December 2015 from 4.90 per cent in November,”
For the first time in almost a decade, the Fed has finally hiked rates as the FOMC decided that the US growth/ inflation mix was robust enough to absorb monetary tightening. Over the next twelve months, three to four additional
Total hedge fund assets rose USD11.2 billion in November 2015, an increase of 0.36 per cent. Investors flows were very slightly positive during the month with an estimated USD3.2 billion added in November, according to eVestments latest hedge fund flows
