Hedge fund redemptions slowed from their December pace in January, but persisted for a fifth straight month, driven by a fourth-quarter stock market plunge and investor concerns over global trade disputes and a possible global economic slowdown. January’s hedge fund
The Goldman Sachs Group has sold a majority equity interest in REDI, the technology provider for the REDIPlus Execution Management System (EMS), to a consortium of investors including BofA Merrill Lynch, Barclays, BNP Paribas, Citadel and Lightyear Capital. Goldman
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.56 per cent in February, slightly underperforming the 0.63 per cent monthly return of the HFRX Global Hedge Fund Index.
The Eurekahedge Hedge Fund Index gained 0.89 per cent in February, bringing its year-to-date return to 3.26 per cent, according to the March 2019 Eurekahedge Report. The risk-on sentiment among investors driven by the Fed’s patient stance and optimism over
INTL FCStone’s Singaporean subsidiary is to acquire the futures and options brokerage and clearing business of UOB Bullion and Futures Limited, a subsidiary of United Overseas Bank Limited. Closing is conditional upon receiving regulatory approval by the Monetary Authority of
London-based hedge fund manager RAB Capital has reported at its annual general meeting that assets under management have declined to USD6.34bn at the beginning of May, as a result of the i
Acuris, a BC Partners and GIC-backed provider of global data, intelligence, research and analysis, has acquired Blackpeak, an investigative research firm. Co-founded by Jack Clode and Chris Leahy in 2011, Blackpeak has grown to become a premier provider of complex
Janney Montgomery Scott, a full-service wealth management, capital markets, and asset management firm, is to acquire FIG Partners, an Atlanta-based investment banking and research firm. The experienced team at FIG Partners brings nationally recognised expertise within the community bank sector
Medalist Partners, an alternative asset management firm specialising in structured credit and asset-backed lending, has acquired a majority stake in JMP Credit Advisors (JMP Credit Advisors), a US-based investment manager with expertise in managing collateralised loan obligations (CLOs), from a subsidiary
Broadridge Financial Solutions has closed its acquisition of Bonaire Software Solutions, a provider of fee calculation, billing and revenue and expense management solutions for asset managers including institutional asset managers, wealth managers, mutual funds, bank trusts, hedge funds and capital
