The value of assets under custody held on behalf of customers registered an increase of 5 per cent to EUR12.5 trillion in December 2014 (compared to EUR 12.0 trillion in December 2013). Securities held under custody in Clearstream’s international business
London Business School and investment management firm AQR have launched the AQR Institute of Asset Management, which is looking to advance research and best practices in the global asset management community. AQR’s 10-year commitment makes the firm one of the
The Chicago Board Options Exchange (CBOE) has begun disseminating values for three new CBOE volatility indexes using the prices of CME Dollar/Euro, Dollar/British Pound and Dollar/Japanese Yen futures options. The CBOE/CME FX Euro Volatility Index (EUVIX), the CBOE/CME FX British
The Eurekahedge Hedge Fund Index was up 1.05 per cent in Q1 of this year even as hedge funds recorded another month of negative returns in March. Net asset flows for Q1 stood at USD32.6bn, with North American and European
The Currency Exchange (TCX) has selected Quantifi for pricing and risk management of counterparty credit risk in emerging market currency and interest rate derivatives. TCX acts as a market-maker in currencies and maturities not covered by commercial banks or other
Brett Tony Best of Middle Park, Brisbane, has been sentenced to 13 years imprisonment for various charges related to operating an unregistered managed investment scheme while director of Arafura Equities. This follows Best being remanded in custody on 11 May
Inflows to the hedge fund industry rebounded to USD10.2 billion (0.4% of assets) in November from USD1.1 billion (0.05% of assets) in October, according to TrimTabs and BarclayHedge. “Hedge funds took in USD107.6 billion in the first 11 months of
Altis Partners has appointed John King as managing director of its London branch. King joins Altis from BNP Paribas Fortis where he was an executive director, deputy head of Fortis commodity derivatives. Founded in 2000, Altis specialises in managed
The Dow Jones Credit Suisse Hedge Fund Index finished up 1.80% in April, with estimated new asset flows totalling USD9bn. Oliver Schupp, President of Credit Suisse Index Co., LLC, says, "Nine out of ten sectors posted positive performance for the
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has opened a new office in Los Angeles to cater for demand for its AbacusFLEX private cloud solution. The company achieved a record year in
