FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, has developed the FIXProtocol for use for transmitting MiFID II Transaction Reports to Approved Reporting Mechanisms (ARMs). Under MiFID II, all investment firms (including certain
Crestline Investors, a credit focused institutional alternative asset manager, has held an additional closing of its Crestline Opportunity Fund III strategy, bringing capital in the strategy to USD720 million. The strategy invests primarily in small to mid-size corporate and asset-based
Horseshoe Group has acquired IKONIC Fund Services (IKONIC) to form an independent fund administrator and insurance manager dedicated to both the Insurance Linked Securities and the alternative fund markets. The transaction, which closed last week subject to customary regulatory approvals,
Hedge fund returns were divided in May with overall industry performance slightly negative at -0.09 per cent, bringing overall YTD returns to +0.75 per cent. Commodity hedge funds, the surprise performance leaders of the industry so far in 2016, produced negative
Manulife Asset Management has named Chris Fellingham as Senior Managing Director, Head of Liquid Alternative Strategies. The appointment is effective 13 June. Fellingham will report to Chris Conkey, Executive Vice President, Global CIO, Manulife Asset Management, and be based in
Newfleet Asset Management, an affiliate of Virtus Investment Partners, has closed a USD356.3 million collateralised loan obligation (CLO). Newfleet CLO 2016-1 will be backed by a diversified portfolio of broadly syndicated senior secured floating rate loans, with six classes of
Since its inception on 6 May 2016, the RWC Asia Absolute Alpha Fund generated a return of 0.7 per cent for the month. The fund spent most of May with low net exposure while its manager, Garret Mallal assessed the
NetOTC, the risk solutions firm that has been designing and building a full end-to-end market infrastructure for non-cleared OTC derivatives in close collaboration with regulatory and industry bodies, banks and their end customers, has put its initiative on hold. Roger
The latest report from Preqin finds that increasing numbers of active investors and a positive general view of performance among existing investors have driven inflows into CTAs over recent quarters. The number of institutional investors actively investing in CTAs reached
New York-based Imagineer Technology Group offers award-winning solutions to help hedge fund managers address the transparency and workflow demands necessary to succeed in today's marketplace. These solutions, which include an industry-specific client relationship management (Clienteer CRM) software, a web reporting
