Using Preqin’s new fund size benchmarks on Hedge Fund Analyst, together with the results of our interviews with approximately 300 hedge fund managers, this extract from September’s Preqin Hedge Fund Spotlight newsletter analyses the effect that fund size has on
Franklin Templeton Investments has launched Franklin K2 Long Short Credit Fund (FKLSX), a multi-manager fund that invests in a variety of credit strategies sub-advised by institutional-quality hedge fund managers. The fund provides investors with access to a select group of
UMB Fund Services (UMBFS) has launched a mobile app for its proprietary alternative investment fund accounting and investor servicing technology called UMB Fund Services FastPro. The app, which is live on Android and Apple iOS operating systems, allows clients to view
Public relations and financial communications firm Prosek Partners has appointed Andy Merrill as Partner. Merrill brings nearly 20 years of strategic financial communications experience to Prosek, with a focus on transaction communications and issues and crisis management. Before joining Prosek,
Despite the recent wild gyrations in global stock markets, 2015 could represent the calm before the storm for European equity brokers, which are awaiting word from regulators on new “unbundling” rules that could upend the economics of their business. The
Private investment firm Enhanced Capital and FocusPoint Private Capital Group (FocusPoint), a FINRA member focused on private capital raising, have formed Enhanced FocusPoint (EFP), a partnership to source, seed and launch a series of private investment funds. EFP will
Liquidnet, the global institutional trading network, has launched a fixed income dark pool that facilitates direct, peer-to-peer trading of corporate bonds among asset managers in the US, Canada and Europe. Liquidnet has enrolled more than 120 asset managers, representing a
Deutsche Börse, together with the European Trade Repository REGIS-TR, is helping clients to meet regulatory requirements under the new MiFID II European financial directive. REGIS-TR is jointly run by Deutsche Börse’s subsidiary Clearstream and Iberclear (BME Group). The Markets in
Cowen Group is to acquire Concept Capital, an independent provider of prime brokerage services. Financial terms of the deal have not been disclosed, but Cowen Group expects the acquisition to be accretive to earnings in 2015. The transaction has been approved
Exchange Date International (EDI) is to provide Market and Corporate Actions data to AQMetrics clients through AQMetrics cloud based risk and compliance software. AQMetrics delivers turnkey Pre and Post Trade Monitoring for Reg NMS, OATS and OTS reporting, UCITS Rules
