Most alternative investment management firms are able to turn a profit and expand with considerably less than USD100 million in assets, according to a survey of sub-USD500 million firms by the Alternative Investment Management Association (AIMA) and boutique prime broker
Pan-European private equity firm IK Investment Partners’ (IK) IK Small Cap I Fund is to acquire a minority stake in Third Bridge, a primary research provider. Financial terms of the transaction have not been disclosed. Third Bridge provides its clients
The final regulations of MiFID II announced today are likely to lose brokers business, analysts their jobs and also hit fund managers’ profits says Cleveland & Co Associates, the boutique legal advisory business. Among the new regulations of MiFID II,
CTAs suffered from another trend reversal and underperformed last week, according the latest weekly brief from Lyxor’s Cross Asset Research team. Lyxor writes: “From a top down perspective, we maintain an underweight stance on CTAs. In our view, the trend
In the fourth quarter of 2015, institutional asset owners gained approximately 2 per cent at the median, according to Northern Trust Universe data. This marked a significant rebound from the median loss of 4.6 per cent recorded in the third
Much like a brooding teenager, cash has become a high maintenance asset class as a result of events over the last few years. Whether it is finding liquidity to put to work for new investment strategies (or, for that matter, support
While the rise in swaps clearing in the US is now being mirrored in other regions in advance of regulatory implementation, market share and product scope at central counterparty clearinghouses (CCPs) is also shifting. CCPs have largely continued to dominate
IHS Markit has launched RPA Manager, a comprehensive service helping asset managers acquire investment research in compliance with MiFID II. To reduce the potential for conflicts of interest, MiFID II requires asset managers to separate payments for research from trading
A more active approach to managing portfolio-wide currency risks, and in particular a greater appetite for active currency overlays, is being shown by institutional investors, driven by divergence in European and US interest rates, geopolitical unrest and greater scrutiny of
Blue River Partners, together with Eaton Partners, have co-authored a whitepaper aimed at the alternative assets industry which examines the history and impact of the outsourcing trend on today's market, and provides answers to questions frequently asked by managers. The
