Hedge fund managers navigated intense volatility on Friday as the Brexit vote resulted in massive dislocations across global currency, equity, commodity and fixed income markets, most specifically reflected in Sterling’ steep decline against the Dollar and the Yen. Hedge fund
EDHEC-Risk Institute has released an overview and analysis of the forthcoming framework to be used by financial institutions to determine initial margin (IM) and variation margin (VM) payments when trading non-cleared over-the-counter (OTC) derivatives. The new publication – Initial Margin
Baring Asset Management (Barings) has launched the Baring Dynamic Absolute Return Fund, which will use long and short strategies to target a market neutral return. It will be managed by James Ind, supported by a multi asset investment team. The
Foreside Financial Group, a provider of distribution and compliance services for open- and closed-end funds, exchange traded products, commodity pools, private placements, investment advisers and registered broker-dealers, has acquired Beacon Hill Fund Services, Financial terms of the transaction, which is
“Amid the hyperbole and today’s vertiginous fall, Sterling’s one saving grace is that the Euro is likely to be hit almost as hard by a Brexit,” says David Lamb, head of dealing at FEXCO Corporate Payments. “So the Pound’s collapse relative
Irish Funds, the representative body for the cross-border investment funds industry in Ireland, kicked off its annual funds conference on Thursday, celebrating 25 years of the Association. Having already put Ireland on the map as a global centre of excellence
State Street Global Advisors has won the sixth annual Funds Industry Football Charity Shield five-a-side tournament beating Smith & Williamson 2-1 in the final game held on Thursday in Shoreditch, London. Hosted by Calastone, the global funds transaction network, the
S3 Partners has launched its Blacklight Apps Crowding Kit (Black App) on the Bloomberg APP Portal at. The Black App uses S3 Blacklight financing rate data, which is already available on the Bloomberg Professional service, to deliver real-time analytics on
The board of directors of Alpine Select has taken the decision in principle to reduce in medium-term its exposure in hedge funds – held directly as well as indirectly via its majority holding in ALTIN – and to increasingly focus
IndexIQ has announced the performance of its family of six IQ Hedge Indexes with four positive, led by a 1.31 percent return for the IQ Merger Arbitrage Index. Two – the IQ Hedge Global Macro Index and the IQ Hedge
