Traiana, a provider of pre-trade risk and post-trade processing solutions, has seen a threefold growth in allocation volumes via its Harmony Equity Swaps service. The platform achieved growth of 185 per cent between May 2015 and May 2016, following strong
A recent survey by Preqin revealed that 60 per cent of hedge funds have less than USD100 million in AUM and that only five per cent of hedge fund flows go to funds operating below that AUM level. There are
Pzena Investment Management has promoted Gary J Bachman to the newly created role of Chief Operating Officer (COO), effective 1 July. Bachman will assume oversight of the operations of Pzena Investment Management, LLC and will also be named to its
There are a multitude of costs that a start-up alternative fund manager faces today, especially with respect to those looking to establish a hedge fund under AIFMD. From regulatory costs and waiting to receive FCA authorisation, to office and IT
Hedge fund managers navigated intense volatility on Friday as the Brexit vote resulted in massive dislocations across global currency, equity, commodity and fixed income markets, most specifically reflected in Sterling’ steep decline against the Dollar and the Yen. Hedge fund
On 30 June 2016, the European Securities and Markets Authority ('ESMA') is expected to announce further details on the timing and the composition of the third country passport for the first wave of countries that include Guernsey, Jersey and Switzerland.
EDHEC-Risk Institute has released an overview and analysis of the forthcoming framework to be used by financial institutions to determine initial margin (IM) and variation margin (VM) payments when trading non-cleared over-the-counter (OTC) derivatives. The new publication – Initial Margin
Such is the complexity of the regulatory landscape in Europe that it is enough for any new start-up manager to resemble Edvard Munch's `The Scream'. Alongside the Markets in Financial Instruments Directive (MiFID), is the Alternative Investment Fund Managers Directive
Baring Asset Management (Barings) has launched the Baring Dynamic Absolute Return Fund, which will use long and short strategies to target a market neutral return. It will be managed by James Ind, supported by a multi asset investment team. The
Whilst the Netherlands might not be foremost when people think about choosing their preferred European jurisdiction, there are many advantages it has to offer. The Dutch regulator, the Authority for the Financial Markets ('Autoriteit Financiële Markten', or 'AFM'), is proactive,
