SS&C Technologies Holdings has completed the acquisition of Citi's Alternative Investor Services Business, a provider of hedge fund and private equity fund administration services. SS&C acquired the business unit from Citi for approximately USD321 million. Citi's Alternative Investor Services Business
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for February 2016 measured -0.95 per cent, while hedge fund flows, as measured by the SS&C GlobeOp Capital Movement Index, advanced 0.82 per cent in March. “Hedge funds benefited
The hedge fund industry produced an aggregate return of 0.25 per cent in February 2016, according to eVestment’s latest Hedge Fund Performance report, with gains driven by returns from managed futures funds, despite continued losses from managers targeting credit opportunities.
Collins Capital’s Long/Short Credit Fund (CCLIX/CLCAX), a mutual fund offering a true long/short credit strategy that dynamically adjusts exposure throughout the credit cycle, has passed its one year anniversary. "We are very pleased with how well the Fund protected capital
The Lyxor Hedge Fund Index was down 0.9 per cent in February, with just three out of the 11 Lyxor sub-indices ending the month in positive territory, according to Lyxor’s latest Alternative Investment Industry Barometer. The Lyxor CTA Long Term
ICAP Global Broking has expanded its electronic capabilities with the launch of TrueQuote, a new portal for buy side clients. The portal, which will offer a number of multi asset class solutions over the coming months, launches with its first
Silva Venture Group has launched the Analyst's Arena, a mock portfolio competition designed to recruit new hedge fund analysts. In the hedge fund world, fund analysts are responsible for producing critical analyses that fund managers use to make multi-million dollar
AlphaSense, provider of the AlphaSense search engine for financial professionals, has secured USD33 million in growth capital from Tribeca Venture Partners, Triangle Peak Partners, and Quantum Strategic Partners – a private investment vehicle managed by Soros Fund Management – as
Babson Capital Management, its subsidiaries Cornerstone Real Estate Advisers and Wood Creek Capital Management, and Baring Asset Management Limited, are planning to combine operations under the Barings brand. The combination will create a global, multi-asset investment management firm with over
Mill Hill Capital has chosen and implemented Fund-Studio as its front to back office portfolio management, investor reporting and shadow accounting platform. Objecutive, the provider of Fund-Studio, has implemented the platform with Mill Hill as a hosted solution leveraging the
