The SS&C GlobeOp Forward Redemption Indicator for February 2016 measured 3.27 per cent, up from 2.31 per cent in January. “SS&C GlobeOp’s Forward Redemption Indicator for February of 2016 was 3.27 per cent, an increase from 2.31 per cent for
The top 10 US hedge funds were hit hard by US stock market performance in Q4, according to the latest quarterly Hedge Fund Tracker from S&P Global Market Intelligence. In total, the top funds managed USD159 billion in Q4, down USD44
Private equity managers are finding that increased demands for transparency from their LPs are requiring them to change their mindset, especially when it comes to sharing information on how assets are valued. LPs are doing more due diligence, asking PE managers to explain
The Board of Directors of National Futures Association (NFA) has elected Michael C Dawley, Managing Director, Goldman Sachs & Co, to serve a one-year term as Chairman. The Board also elected Maureen C. Downs, President, Rosenthal Collins Group LLC, to
Hedge funds lost 2.83 per cent in January according to the Barclay Hedge Fund Index compiled by BarclayHedge – the worst start to a new year in eight years since the Index dropped 3.26 per cent in January 2008. “Slowing
Bedell Cristin has strengthened its corporate and banking team through a senior appointment in Guernsey, with Ann Halliday, an experienced lawyer in the offshore market and a qualified banker, joining the firm as a senior associate. Halliday was most recently
Modus Asset Management, a Hong Kong-based investment manager, has selected Wells Fargo Global Fund Services to provide daily fund administration and a comprehensive outsourced middle and back office operations solution. “Wells Fargo Global Fund Services is well-known for its expertise
The London Metal Exchange (LME) has unveiled the newly built Ring (pictured), the Exchange’s open-outcry trading floor, followings its successful relocation to 10 Finsbury Square in London on 1 February 2016. The Ring has provided a transparent and robust price-discovery
Industry veteran Tom O’Mara (pictured) has joined the Advisory Board of electronic trading network AX Trading. O’Mara brings a breadth and depth of experience and expertise to AX. He began his career trading Convertible Securities at Lehman Brothers from 1986-1991,
SEI has appointed Brent Bell (pictured) as Head of Asset Management Distribution (AMD) in Asia. This appointment supports SEI's commitment to Asia and underscores ambitions to provide best-in-class solutions for Asia's investors. In this role, Bell will be responsible for
