Five out of six of IndexIQ’s proprietary IQ Hedge Investable Banchmark Hedge Fund Replication Indexes recorded positive returns in October. The IQ Hedge Even Drive Index led the way with a return of 2.94 per cent closely followed by The
Global Markets Exchange Group Limited (GMEX) has secured approval from the Commodity Futures Trading Commission (CFTC) to offer its Interest Rate Swap Constant Maturity Futures (IRS CMF) to US-based firms by directly accessing GMEX Exchange. Trade confirmation and clearing of
Acuitas Investments has launched a long/short equity strategy aimed at delivering high absolute returns with low correlation to equity markets by building on the firm’s expertise in researching microcap and small cap managers. The firm’s investment philosophy centres on exploiting
Weighted average maturities remain tight, especially within US dollar money market funds (MMFs), says Moody’s and the firm expects managers to continue to maintain shorter portfolio WAMs as the likelihood of a December rate hike in the US increases. Sterling
Aventicum Alternative Equities, an investment boutique focusing on European Long/Short strategies and part of Aventicum Capital Management has launched its maiden UCITS-compliant fund. The Aventicum UCITS – Absolute Return European Equity Fund offers international investors the opportunity to access Aventicum
Chicago Board Options Exchange (CBOE) is collaborating with LiquidityBook, a financial services technology company that specialises in multi-platform messaging, to expand connectivity to its CBOE PULSe trader workstation. CBOE’s PULSe trader workstation (PULSe) is an execution management system that allows
Paul Kirkby, and his experienced investment team, are joining Martin Currie in a deal that also sees the firm acquire – subject to regulatory approval – the existing, Cayman domiciled, USD167 million RIT PK Japan Fund. Once the necessary approvals
Wunder Capital has launched its second investment fund, The Wunder Bridge Fundm which is aimed at accredited individual and institutional investors looking for a targeted 11 per cent rate of return with the backing of Wunder’s financing and implementation model.
Sankaty Advisors, the credit affiliate of hedge fund firm Bain Capital, is to acquires the management contracts for four portfolios of collateralised loan obligations (CLOs) totalling USD1.6 billion of assets from Regiment Capital Advisors. Financial terms of the deal have
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 1.09 per cent in October. The Wilshire Liquid Alternative Multi-Strategy Index, which includes both single and multi-manager funds, ended the
