The hedge fund industry produced an aggregate return of -2.19 per cent in August, dropping YTD returns into negative territory, -0.95 per cent, according to eVestment’s latest Hedge Fund Performance report. All major market exposure produced negative returns during the
Arthur J Gallagher has enhanced its liability and crime insurance solution for investment managers IMI Pro to provide its broadest cover yet. The Gallagher-designed policy, backed by ‘A+’ rated capacity, responds to the needs of managers and funds by covering
The London Metal Exchange (LME) has received independent confirmation that the LBMA Platinum and LBMA Palladium Prices it administers comply with the Principles for Financial Benchmarks published by the International Organization of Securities Commissions (IOSCO). The LME engaged Ernst &
Touchstone Investments has launched the Touchstone Credit Opportunities Fund in an effort to take advantage of market inefficiencies and relative value opportunities in the global fixed-income market. Ares Capital Management II will sub-advise the Fund. "We are thrilled to include
LME Clear, the clearing house for the London Metal Exchange (LME) market, has received approval from the Bank of England to accept LME metals warrants as collateral, making it the first clearing house ever to be able to offer this
The Lyxor Hedge Fund Index was down -2.7% in August. One out of 12 Lyxor Indices ended the month in positive territory. The Lyxor Convertible Arbitrage Index (+3.3%), the Lyxor L/S Equity Variable Bias Index (-0.7%), and the Lyxor L/S Equity
SS&C Technologies Holdings has unveiled its Evare Data Services Portal, a managed service for financial data acquisition, normalisation, transformation and delivery, serving as a data transformation hub for over 500 financial services firms globally. The new real-time web-based portal redefines
Aegon Asset Management has appointed Kirk Buese as Chief Investment Officer of its US investment management operation, Aegon USA Investment Management (AUIM), effective 7 September. Aegon Asset Management, the global asset management division of Netherlands-based Aegon Group, comprises asset managers
Chiron Investment Management, a boutique, actively-managed investment management firm led by Chief Investment Officer Ryan Caldwell (pictured)and Chief Executive Officer Enrico Gaglioti, has bolstered its executive and investment teams with the addition of five seasoned professionals. Kristen A Richards and
361 Capital, a boutique asset manager offering institutional-quality alternative mutual funds, has held the soft close of the 361 Capital Managed Futures Strategy Fund. The fund, which employs a distinct counter-trend approach in the pursuit of attractive risk-adjusted returns that
