Technology innovation sits naturally with software provider Backstop Solutions Group. After all, it was one of the pioneers of providing a Software-as-a-service platform to the alternative funds industry back in 2003 to help managers operate more efficiently. Increasingly, software providers
Aladdin Credit Partners (ACP), a joint equity venture formed by co-founders Luke Gosselin and Victor Russo, and Aladdin Capital Holdings, has announced the closing of its USD573m initial credit opportunites funds, Aladdin Credit Partners I LP and Aladdin Credit Offshire
New York-based Liquid Holdings is fast becoming a tour de force in the hedge fund industry. Born in the cloud, the firm offers hedge fund managers (typically USD1bn or less in AuM) a multi-tenant “true cloud” solution. Using cutting edge
Aegon Asset Management is launching a UK Equity Absolute Return Fund which aims to capitalise on the group’s UK equity investment process. The fund intends to provide investors with positive absolute returns regardless of the direction of UK stocks. It
Ipreo, a provider of market intelligence and productivity solutions to investment banks and corporations, has acquired Markit’s certificates collection service. As a result of this acquisition, Ipreo is launching a new offering called iCompliance. It consists of an online library
Kinetic Partners has welcomed the results of a survey by the UK Financial Services Authority which found that hedge funds do not pose a potentially destabilising credit counterparty risk across the surveyed banks. The survey also found that there is
Saka Capital, a Singapore-based credit hedge fund manager, has appointed Carne Global Financial Services to provide the Saka Capital Liquid Credit Fund with directorship services. Peter Heaps (pictured), managing director of Carne Cayman Islands, has been appointed non-executive director on
Citywire won the fourth “Funds Industry Charity Shield” five-a-side tournament beating IFDS on penalties (5-4) in the final at the London Soccer Dome. The annual event, which is hosted by Calastone, has seen in excess of GBP35,000 raised for charities in its first
By Leigh Skene, Lombard Street Research – The two factors that turned the 1930s into the worst depression since the Industrial Revolution were the collapse of the payments system and the global run on banks. Neither is likely this time.
The equity market reversal and tumbling commodities in January hit trend-following strategies, causing managed futures managers to post their second worst monthly return in 13 months, according to a report by Lipper Tass. The Lipper managed futures/CTAs index registered a
