Preqin’s All-Strategies Hedge Fund benchmark recorded gains of 1.40 per cent in January 2017, the highest January performance recorded since 2013 (+2.59 per cent). This also represents the highest performance month for the industry since April 2016, as funds built
Cowen, formerly Cowen Group, has launched a new brand identity Outperform, designed to better reflect the quality and breadth of services the firm offers clients and partners. “Financial services and actively managed investment products need to be differentiated and
Welcome to the inaugural edition of the Hedgeweek end of year editorial report: Reflections on 2015. We are excited to bring to you, our readers, what we hope will be the first of many such annual reports. In this first
Acadian Asset Management has recently transitioned its long/short portfolios to SS&C GlobeOp. Acadian has been leveraging SS&C GlobeOp as its fund administrator for long-short strategies since Acadian launched its Diversified Alpha equity strategy in 2016. SS&C provides a
Alternative asset manager Aquila Capital has further refined its Risk Parity strategy with the aim of increasing the expected returns from already highly valued asset classes and to provide better protection from market corrections. First, Aquila Capital has improved the
The latest Hedge Fund Tracker analysis from S&P Global Market Intelligence shows the top funds managed approximately USD150 billion in equity holdings, up from the USD141 billion under management in the first quarter. These funds also decreased the number of
Algomi, a network company providing information-matching solutions for the optimisation of fixed income liquidity, is to acquire and distribute the ALFA product created and developed by AllianceBernstein (AB). ALFA (Automated Liquidity Filtering & Analytics) was developed as an in-house liquidity
Red Deer, a London-based FinTech company, has appointed Stefano Vaccino as chief product officer and Henry Price as chief commercial officer. Vaccino joins Red Deer from Algomi, where he was chief product officer and a member of the executive team.
In response to the planned split of the German-Austrian price zone, the European Energy Exchange (EEX) will launch a financially settled power future for the Austrian market area. Scheduled to launch on 26 June 2017, the new products will
The US Commodity Futures Trading Commission (CFTC) has filed a notice of intent to revoke, suspend, or place restrictions on the registration of Steven A Cohen of Greenwich, Connecticut. The CFTC simultaneously issued an opinion and order accepting Cohen’s offer
