The SS&C GlobeOp Forward Redemption Indicator for December 2014 measured 5.87%, up from 5.05% in November. “In line with other year-end averages, December forward redemptions represented a 12 month-high, with the bulk of activity falling in the under 1 month
By Chris Humphries, Managing Director, Stuarts Walker Hersant, Attorneys-at-Law – The Cayman Islands continues to be the leading offshore jurisdiction for mutual funds and hedge funds. Its position as the premier jurisdiction is as a result of innovative legislation and
In 2011, ahead of the introduction of the AIFMD in Europe, an article entitled “A foot in both camps”, was written by Derek Delaney, Managing Director of DMS Offshore Investment Services (Europe) Limited. In it, Delaney (pictured) wrote: “There is
Babson Capital Europe, the credit specialist investment firm, has hired high yield specialist Kam Tugnait reported Creditflux this week.
Gemini Alternative Funds has launched the Galaxy Plus Fund, a Delaware series limited liability company offering qualified investors access to a select group of commodity trading advisors. The new platform reflects the continuing growth of Gemini Alt's comprehensive line of
The European Energy Exchange (EEX), in cooperation with Cleartrade Exchange (CLTX), is to launch an extension to its Trade Registration services for fertiliser contracts on 6 January 2015. The product offering includes six derivatives contracts for fertilisers based on Urea,
On 16 December, Euronext’s commodities franchise achieved a record daily volume in milling wheat futures for the second time this month, with 92,531 contracts traded. Milling wheat futures volume represented over 4.6 million tons on 16 December 2014. The previous record
Napier Park has received a managed account allocation from an investment fund managed by Topwater Capital, a division of Leucadia Asset Management. The allocation was made to Napier Park’s strategic credit strategy managed by Ram Putcha, who has more than
BMO Global Asset Management has launched the BMO Alternative Strategies Fund, which seeks to provide investors with an additional source of portfolio diversification and return over varying market environments. This addition to the BMO Fund lineup reflects the firm's commitment
Investors renewed their interest in the hedge fund industry in November after two-months of outflows, adding USD5.4 billion to a variety of fund types this past month. That’s according to the latest Hedge Fund Asset Flows Report from eVestment, which
