Franklin Square Capital Partners has launched a new feeder fund for FS Global Credit Opportunities Fund (FSGCO), an unlisted closed-end fund. The new feeder fund, FS Global Credit Opportunities Fund–T (FSGCO–T), features a commission structure that is designed to be
Irish Funds, the representative body for the cross-border investment funds industry in Ireland, has seen significant inflows of EUR8.4 billion into Ireland through the Irish Collective Asset Management Vehicle (ICAV). Since the ICAV legislation was passed into law in March
Hedge funds posted gains for the third consecutive month in May, as the US Dollar strengthened in anticipation of higher US interest rates, as well as an increasingly uncertain outcome of the upcoming UK referendum (Brexit). The HFRI Fund Weighted
Alforma Capital Markets, a New York-based US broker-dealer, has taken a step closer to being acquired by BCS Global Markets, the largest securities broker on the Moscow Exchange, by achieving formal regulatory approval from US regulatory body FINRA (Financial Industry
Major global indices stood still in May as equity and bonds markets proved largely directionless. The MSCI World index returned less than 1 per cent, while the Barclays US Aggregate Bond index was flat for the month. Outside of equities
Bramshill Investments has launched a new mutual fund, the Bramshill Income Performance Fund (BRMSX), which will employ an absolute return strategy that invests across various fixed income asset classes. The decision comes in response to increased demand from large registered
CBOE Holdings plans to open its first international business development office in London in July. The new office – headed by Matthew McFarland, director of global client services – will enable CBOE to increase its presence in the region and
Cleartrade Exchange (CLTX) has been officially approved as a registered Foreign Board of Trade (FBOT). The FBOT approval, which has been granted by the US Commodity Futures Trading Commission (CFTC), allows CLTX to provide their participants located in the US
Volante Technologies has created a solution specifically designed to accelerate the process of integrating with Ripple, a provider of distributed financial technology solutions offering real-time settlement of cross border payments. At SIBOS 2015 Volante demonstrated Ripple-readiness as a feature of
After a strong start to 2016, CTAs have now completed their third consecutive month of negative performance. All five daily indices that Societe Generale Prime Services calculates were down in May. The flagship SG CTA Index, that measures a broad
