HFR reports that total hedge fund industry capital rose to a record level in 3Q16, as performance gains offset continued asset outflows which were concentrated in many of the industry’s largest and most well-established managers. Hedge fund assets rose to
Preqin’s latest hedge fund report finds that although hedge funds are under sustained investor scrutiny, the third quarter of 2016 saw continued improvement in the performance of the asset class, marking seven consecutive months of positive returns for the industry. The
Caledonia (Private) Investments, an independent global long/short equity investment manager, has appointed David Scully, former partner and chief marketing officer of Coatue Management, as vice chairman, US. In this new role, he will be based in New York and will
The Warsaw Stock Exchange (GPW) has opened consultations on plans to introduce new sector classifications of listed companies. The existing separate models of sector classification on the regulated and alternative markets will be replaced by a three-tier classification of shares
ETX Capital has launched the US Election News Sentiment Index, a tool that displays the quantity and tonality of media coverage towards the presidential elections. Harnessing the power of big data using technological advancements in Natural Language Processing (NLP), the
TradingScreen, a provider of liquidity, trading and investment technology via SaaS, has launched TradeSmart 2016, which will be showcased at the FIA Chicago Futures and Options Expo. “TradeSmart 2016 offers the buy-side numerous enhancements with its improved user interface and
Hedge fund managers are innovating and increasing their investment in technology to create new competitive advantages and to address regulatory and operational issues, according to a new study. Transformative Change: How innovation and technology are shaping an industry, by KPMG
Principal has hired Suresh Singh as head of funds distribution for Asia, based in Singapore. Singh will be responsible for introducing the capabilities of Principal’s investment boutiques, covering specialities in equities, fixed income, real estate and alternatives, to key intermediaries,
IPC, a provider of secure, compliant communications and networking solutions for the financial markets community, has extended its Financial Markets Network service portfolio to its Connexus platform. The IPC Financial Markets Network portfolio includes data connectivity solutions consisting of the
Abacus Group, a provider of hosted cloud IT solutions for alternative investment funds, has opened a second London data centre. Tom Cole, director of client services and business development in London, says the new data centre will allow Abacus to
