The latest figures for Jersey’s finance industry reflect a particularly strong performance for the funds sector, with the value of funds business in the island reaching the highest level in five years. The statistics highlight that the net asset value
Macro hedge funds and, more specifically, CTA strategies employing quantitative, trend-following strategies, posted strong gains in November as oil prices plummeted, according to HFR. The HFRI Macro Index gained +2.6 per cent in November, powered by a gain of +4.6
Butterfield Fulcrum, an alternative fund administration company, has expanded its US business development team with the addition of Christine Egan. Egan joins Bill Neville, Jim Gabriele, John Peterson and Bill Henderson under the leadership of T. Andrew Smith, global business
Concept Capital’s Jack Seibald (pictured) discusses the risks of ’40 Act liquid alternatives, the potential mismatch between managers and investors, fund investor alienation, and why prime brokers might raise their costs to support the ‘short’ side of these funds. HW: The
Eight months after announcing their plans to develop a new asset servicing model for TARGET2-Securities (T2S), Clearstream and BNP Paribas Securities Services have signed a partnership agreement. Both companies are now well underway towards a timely T2S readiness and in
Jersey’s strengths as a centre for wealth management, company listings and fund servicing were showcased to over 500 stakeholders in key Asian markets last month, through Jersey Finance’s inaugural Asia Roadshow. Between 17 and 26 November, Jersey Finance hosted a
Natixis Global Asset Management has launched the ASG Global Macro Fund (GMFAX), an alternatives mutual fund managed by AlphaSimplex Group, LLC (ASG). The fund pursues an absolute-return oriented, long/short strategy that employs a dynamic risk-managed approach to invest across a
Impax Asset Management, an Aim listed investment manager focused on the environmental sector, has appointed John McDonald as head of sales and marketing. McDonald was previously head of alternative sales and marketing at New Star Asset Management, which he joined
Japan Exchange Group (JPX) and Singapore Exchange (SGX) are to enter a Letter of Intent (LOI) to collaborate in the joint development and promotion of the markets on both exchanges. This cooperation further deepens the long-standing relationship and strategic partnership
Eurekahedge has launched a new index, the Eurekahedge 50, created in partnership with Markov Processes International, which tracks the world top 50 hedge funds in terms of consistently attractive risk-adjusted returns. The index was created to meet the demands of
