Markit has launched a new service that enables banks to affirm FX trades executed by inter dealer brokers. Seven inter dealer brokers and eight banks have signed to use the service, which expands Markit’s centralised solutions for the FX market.
Skënderbeg has been voted Best Single-Strategy Fund of Hedge Funds at this year's Hedgeweek Global Awards. The 2016 Hedgeweek Global Awards, which were presented at a luncheon ceremony in Mayfair, recognise hedge fund industry participants, including funds and service providers
India Index Services & Products Limited (IISL), a National Stock Exchange (NSE) group company, and Singapore Exchange (SGX) are to introduce futures on Indian sector-specific index futures on SGX. This is the first time that derivatives on Indian sector indices
The Chartered Alternative Investment Analyst (CAIA) Association is to organise an interactive session to present a deeper understanding of the alternative investments industry. The first-of-its-kind event will be held in Mumbai on 16 March, 2016, commencing at 11 AM, followed by
Ultimus Fund Solutions is to provide comprehensive fund administration services to Memphis, Tennessee- based Preserver Partners, (Preserver) as the firm launches its first mutual fund. Preserver is an SEC-registered alternative asset management firm managing funds for public and corporate pension
The Hedge Fund Association (HFA) has made two US regional leadership appointments to enhance its growing Midwest presence. HFA's board of directors has appointed Lisa Tamburini and John Maddente as Co-Directors of HFA's Midwest region, where they will organise educational
Cowen Prime Services has been named Best Global Prime Broker at the 2016 Hedgeweek Awards. This award is based on a peer review system whereby Hedgeweek’s readers, including institutional and high net worth investors, hedge fund managers, and other industry
Pacific Fund Systems Limited (PFS), the leading global provider of fully integrated fund accounting and administration software via the PFS-PAXUS application, has appointed Lisa Nelson as PFS Chief Financial Officer. Nelson will be based in PFS’s new European operational headquarters
The hedge fund industry improved on losses of 2.69 per cent in January, but still posted negative performance of -0.06 per cent in February, according to figures released by Preqin. Macro strategies posted the greatest gains (0.55 per cent) and
Lyxor Asset Management (Lyxor) and Koris International (Koris) have launched a Dynamic Core-Satellite (DCS) alternative multimanager strategy, underpinned by the DCS model devised by Koris. Koris will act as investment advisor, while Lyxor will manage the weekly liquidity, AIFMD-compliant strategy.
