Financial Risk Management, a global fund of hedge funds group, has launched FRM Principia, a new approach to serving distribution partners and their client base of sophisticated high net worth investors and smaller institutions. FRM Principia represents a new generation
By James Williams – Last week Newedge announced that Leslie Richman and Duncan Crawford had been appointed co-Global Head, Alternative Investment Solutions (AIS) group, a part of Newedge’s Prime Clearing Services. In other key appointments, Keith Johnson becomes Global Head
The high levels of stock market volatility over the last few months resulting from natural disasters and continued political and economic turmoil have once again highlighted the need for proper diversification across asset classes, within investment portfolios. During the month
C8 Investments has selected SEI to provide operational outsourcing services for the firm’s recently launched hedge fund. C8 sought an outsourcing partner with the ability to support automated trading and provide daily reconciliation to support and scale with the firm’s
Alternative asset management group Gottex Fund Management has reported an operational loss of USD2.6m for the six months ended 30 June 2012, in line with its expectations. It made a more substantial attributable net loss of USD 5.5m after minorities
ConvergEx, a provider of investment and execution technology solutions to institutional clients, has signed a definitive agreement to acquire NorthPoint Trading Partners. With this acquisition, ConvergEx will offer small and medium sized hedge funds access to a full range of
The Dow Jones Credit Suisse Hedge Fund Index posted positive performance in April, finishing up 1.80%, with nine out of ten strategies posting positive performance for the month. Managed Futures was the best performing sector in April. The strategy gained
Although European fixed income investors remain relatively optimistic on the booming high-yield asset class, the strength of this sentiment is fading, according to Fitch Rating’s European Senior Fixed Income Investor Survey for Q2 2011. "High-yield corporates remained in top spot
Hedge fund assets available for prime custody services now stand at an estimated USD684bn, a 40 per cent increase since 2010, according to BNY Mellon. The increase reflects both growth in overall hedge fund assets under management as well as
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 1.07 per cent in September. "Solid net flows into hedge funds continued in September, taking the cumulative index to a new high yet again. It is especially
