SuperDerivatives, a derivatives benchmark and multi asset front office system, has entered into a memorandum of understanding with Algorithmics, a provider of risk solutions, to offer banks, funds and asset managers a solution to improve their risk management capabilities. The
The Eurekahedge Hedge Fund Index was up one per cent in December, bringing the yearly number to 5.63 per cent. The MSCI World Index returned 2.28 per cent in December and was up 13.75 per cent for year 2012. Hedge
Emerging markets specialist Finisterre Capital has appointed Xavier Corin-Mick as a partner in the firm. Corin-Mick joined Finisterre Capital in September 2008 as portfolio manager for the Sovereign Debt Fund. The Sovereign Debt Fund now has over USD300m in assets
Hedge Funds lost 0.31 per cent in June according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 0.62 per cent increase in the S&P 500 Total Return Index. Year to date, the Barclay Index is up 0.69 per cent,
Swiss banking group, SYZ & CO launched a new UCITS III fund this week that looks to lock-in returns by investing in high-yield currencies.
Total exchange-wide trading activity and trading volume in futures on the CBOE Volatility Index (VIX) reached new all-time highs during 2012. Total exchange-wide trading activity and trading volume in futures on the CBOE Volatility Index (VIX) reached new all-time highs
FrontLine Compliance has strengthened its consulting team in response to the continued growth of the firm’s offerings of regulatory compliance advising and support for SEC registered investment advisers and private funds. Mike Spero, a former Chief Compliance Officer, recently joined
Following last month’s decision to shutter its UK Crescendo Fund in favour of an onshore UCITS-III variation, London-based Threadneedle Asset Management<
Advent Software, a provider of software and services for the global investment management industry, has made two senior sales appointments. Jad Fares has been appointed regional sales manager for the Middle East and North Africa (MENA) region and will
Minneapolis based Groveland Capital has hired David Cragg as chief operating officer and chief financial officer. Cragg has extensive experience managing the operations of both hedge fund and mutual fund products. He was chief operating officer and chief financial officer
