Neuberger Berman has launched the Neuberger Berman Global Long Short Fund as part of the firm's continued response to growing client demand for both global and alternative equity solutions. The Fund's managers employ an active, unconstrained strategy that blends macro
Virtus Partners has acquired the business and assets of Trade Settlement, Inc (TSI), a New York-based primary and secondary loan trading settlement and documentation service provider. “We are excited about the opportunities this acquisition provides to our clients and the
Pensioenfonds Zorg en Welzijn (PFZW), the pension fund for the Dutch health and social sector, has announced that it will no longer be investing in hedge funds due to their ’high costs’ and ‘complexity’. According to a statement released on
Hedge funds posted gains to conclude the volatile month of December, led by contributions from CTAs, Technology and Shareholder Activist strategies, according to HFR. The broad-based HFRI Fund Weighted Composite Index gained +0.3 per cent in December, navigating a sharp
Renaissance Capital has selected Imagine Software’s award-winning hosted ASP service for real-time portfolio and risk management. Renaissance Capital is a Moscow-based firm managing cash equities, listed options, OTC options, futures, structured finance, and index products with a specific focus on
Adam Sussman has joined Liquidnet as head of market structure and liquidity partnerships. In this global role, Sussman (pictured) will serve as a senior advisor on market structure issues providing insight and guidance on industry developments, technological trends and financial industry
Man Group has selected Thomson Reuters Accelus Org ID (Accelus Org ID) KYC Managed Service to streamline their Know Your Customer (KYC) process. With the selection by Man Group it takes the total records managed so far by the industry’s
The trading volume at Taiwan Futures Exchange (TAIFEX) ended 2014 at a record high of 202,411,093 contracts, passing the 200 million contracts benchmark for the first time. Comparing to 2013, total trading volume and average daily trading volume (ADTV: 816,174
Hedge funds ended a tumultuous and volatile 2014 with an aggregate performance of +2.48%, with December and Q4 hedge fund performance nearly flat at -0.15% and +0.03% respectively. That’s according to according to eVestment’s December, Q4 and Year End 2014
Federated Investors has launched the Federated Managed Volatility Fund, a liquid alternative product that seeks to provide total return while managing the fund's annualised volatility. The fund joins Federated's USD2 billion alternative and objective-based product line, which includes Federated
