Nine of Newedge’s 11 hedge fund indices posted positive returns in January with the Newedge Commodity Trading Index leading the way with a gain of 6.38 per cent. The next best performers were the Newedge Trend Index (2.68 per cent)
Advent Software, a provider of software and services for the investment management industry, has received two awards from Hedgeweek for its portfolio management and fund accounting solution Geneva. Geneva was named Best Managed Account Platform Technology and Best Fund Accounting
BNP Paribas Securities Services has been mandated by Knight Capital Europe to provide clearing and custody services on a pan-European scale. Knight Capital Group provides access to the capital markets across multiple asset classes to a broad network of
Mirabaud Asset Management has launched the Global High Yield Bonds fund. The fund was launched on 1 February with assets in excess of USD125m, and will be a sub fund of the Mirabaud Luxembourg Sicav. The high yield bond
The combined fortunes of the top three hedge fund managers in the 2010 Sunday Times Rich List have grown by GBP1.15bn in a single year. The Rich List league table of Britain’s 25 wealthiest hedge fund managers is headed by
A recovery in the valuations of convertible securities held in the portfolios of institutional investors in the US and Europe has not translated into a pick-up in trading volumes, which continued to decline from 2009 to 2010. The recovery in
TraderMade, a provider of FX research, data and charting applications, has signed a partnership with FINBOURNE Technology to make its data available on LUSID, an open investment data platform. TraderMade data is available without charge as part of the 90
The performance of commodity trading advisors (CTAs) has historically exhibited a distinctly different pattern than equities and fixed income in relation to the direction of interest rates, according to research by Campbell & Company. In a new white paper, Prospects
The Salus Alpha RN Special Situations fund has raised USD20m from new investors since it launched on 22 March 2010 and is up 3.14 per cent after its first month. “The remarkable raise in money combined with the extraordinary performance
The Systematic Alpha Futures programme, managed by the New York-based commodity trading adviser Systematic Alpha Management, has been added to Deutsche Bank’s dbSelect managed account platform. SAM’s assets under management have jumped by almost 20 per cent in the past
