MarketAxess is ending the year on something of a high after reporting a new daily volume record in high-yield (HY) trading of approximately USD1 billion on Friday, 11 December, 2015. Recent market volatility has also driven an increase in estimated
Emerald Asset Management and Beltraith Capital, investment holding companies with approximately USD5.8 billion in assets under management, have teamed up to form EmStone Advisers. The companies say that EmStone combines the experienced portfolio management teams from Beltraith subsidiary StoneRidge PMG
The Railways Pension Trustee Company (Railpen), the GBP21 billion pension fund for UK rail workers, has been unwinding its exposure to hedge funds. And it’s not the only European private sector pension fund to be doing so, according to Preqin.
Hedge fund launches and liquidations both increased in Q3 2015, as energy commodities and equities posted sharp declines, and high yield credit spreads began to widen, according to HFR's latest Market Microstructure Report. Hedge fund liquidations totalled 257 in Q3 2015,
IHS Markit has launched the Emirates NBD Markit iBoxx USD Sukuk Index in collaboration with Emirates NBD, the Dubai-headquartered bank. The index provides an objective and transparent benchmark for investors in USD sukuk (bonds that conform with Islamic finance
Neuberger Berman has broadened its suite of alternative investment solutions with the launch of two UCITS funds employing collateralised index put writing strategies. The Neuberger Berman US Equity Index PutWrite and Global Equity Index PutWrite funds seek to generate
Citi is to sell its fixed income analytics and index businesses to London Stock Exchange Group (LSEG) for a total cash consideration of USD685 million, subject to customary adjustments. The transaction includes Citi’s fixed income analytics platform, The Yield
MPMF Fund Management (Ireland) Limited (MPMF), the Maples group’s alternative investment fund manager (AIFM), has been authorised as a UCITS management company by the Central Bank of Ireland. “The UCITS management company authorisation will allow MPMF to gain investment momentum
Signs of economic growth, steady US yields and a calm dollar greenlit a rebound in global risk assets after last week’s declines, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. Less noise about the controversial
Strategic advisory and consulting firm Berkeley Research Group has appointed Michael Athanason as a managing director. Athanason joins the BRG Capstone group in New York where he will lead the Private Funds Group Valuation Team. Athanason brings over 25 years
