Sankaty Advisors, the credit affiliate of hedge fund firm Bain Capital, is to acquires the management contracts for four portfolios of collateralised loan obligations (CLOs) totalling USD1.6 billion of assets from Regiment Capital Advisors. Financial terms of the deal have
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 1.09 per cent in October. The Wilshire Liquid Alternative Multi-Strategy Index, which includes both single and multi-manager funds, ended the
After posting negative returns throughout Q3, the Preqin All-Strategies Hedge Fund Benchmark returned to positive territory in the first month of the final quarter of the year with a gain of 2.07 per cent in October. All top-level strategies and
Global Macro and CTAs outperformed the hedge fund space and delivered positive returns last week amidst difficult market conditions. We reaffirm our overweight stance on these two strategies.
The Guernsey office of JTC, a provider of institutional client and private client services, will now be led by Adam Moorshead (pictured). As well as being the Managing Director of the Guernsey office, A Moorshead dam who joined JTC in
Celoxica, a provider of accelerated market data, order entry and pre-trade risk solutions for the electronic trading community, has extended its Celoxica Feed Handler and Gateway portfolio to further support Interest Rate Markets by including the BrokerTec and Nasdaq eSpeed
PEGAS, the pan-European gas trading platform operated by Powernext, is to introduce locational spot products on 17 November 2015, supporting the physical balancing of French Transmission System Operators (TSO) and German Market Area Manager (MAM). As a result, GASPOOL and
BGC Partners, and its majority-owned division, GFI Group – a provider of trading technologies and support services to the global OTC and listed markets – are to sell GFI’s Trayport business to Intercontinental Exchange for USD650 million. Howard W Lutnick
US bank-owned prime brokerages are reasserting their influence and stealing a march on their European competitors as the financial industry adjusts to regulatory demands; in particular Basel 3 regulation, which introduces rules on capital ratios and is scheduled to come
EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, has appointed Tim Cartledge as Chief Strategy Officer. Cartledge will report to Gil Mandelzis, CEO and join both the EBS BrokerTec Executive Management Team and the ICAP Global
