New investments into hedge funds in February 2016 were a trickle at USD4.4 billion with performance losses of USD24.5 billion dropping overall industry AUM to USD2.94 trillion, according to the February 2016 eVestment Hedge Fund Asset Flows Report. February has
Broadridge Financial Solutions has enhanced its Managed Data Service offering with the addition of several professionals with extensive experience in data management software. Robert Revesz has been named Senior Director, with a focus on reference data client services and implementations.
The total value of funds business in Guernsey grew by GBP2.7 billion (1.2 per cent) during the fourth quarter of 2015. Figures from the Guernsey Financial Services Commission (GFSC) show that, at the end of December 2015, the net asset
Cowen Group is to acquire CRT Capital Group’s credit products, credit research, special situations and emerging markets units. The acquired business will be named Cowen Credit Research and Trading and will focus on distressed debt, special situations and emerging markets.
Violin Memory, provider of all-flash storage platform solutions for primary storage and active workloads, and Stream Financial have launched FlashSync, a Data Portal Appliance that aims to provide ultra-high performance access to and interrogation of multiple data sources. FlashSync has
Liquidnet, the global institutional trading network’ buy-side community of more than 800 asset managers can now trade Taiwan-listed securities directly and anonymously with one another through its platform. The addition of the Taiwanese market continues Liquidnet’s expansion in Asia-Pacific and
Private debt specialist Old Hill Partners has appointed former GE Capital executive Shila Ray as Financial Officer. Ray will be responsible for overall finance and fund accounting functions at the company and has been named to the firm's investment committee.
Highland Capital Management Fund Advisors, the retail affiliate of Dallas-based investment management firm Highland Capital Management has added 14 independent broker-dealer (IBD) sales professionals in the fourth quarter of 2015 and the first quarter of 2016. Highland's IBD sales team
Argon Capital Management, a commodity multi-strategy alternative asset management firm founded in 2015, has appointed Jeffrey Halpern as Partner and Chief Risk Officer, and John Curran, Andrew Suckling and Pasha Bahadori as Partners and Senior Portfolio Managers. They will be
IndexIQ’s IQ Hedge Multi-Strategy Tracker ETF (QAI) has been named “Best 40 Act Liquid Alternatives Fund” for 2016 by the readership of Hedgeweek. QAI, the oldest and largest liquid alternatives ETF, will mark its seventh anniversary in the marketplace on
