September was a tough month overall for hedge funds, with several strategies down according to benchmark liquid indices. L/S Equity and Macro/CTA strategies underperformed with sector rotations having a negative impact on the former, and higher bond yields and the
Citigroup Alternative Investments (CAI) has named Raymond Nolte as the new Chief Executive Officer of the company’s funds of hedge funds group. In addition, Nolte –
Argentière Capital, a Switzerland-based alternative investment manager, has implemented Hazeltree’s treasury product suite. Hazeltree Cash Manager enables centralised aggregation and monitoring of Argentière’s cash balances across a multitude of brokers, banks, and other counterparties; optimises cash usage and maximises yield
GAM Investments has launched an offshore version of its alternative risk premia strategy, which currently has USD1.8 billion of assets under management, as at 28 September 2018. The new product will complement GAM’s existing range of strategies available to institutional
MarketAxess has subscribed to Markit’s RED service to drive the company’s client-to-dealer electronic trading platform for credit derivative indices. Markit RED is
Pictet Funds has announced this week it is launching Pictet-Environmental Megatrend Selection, a euro denominated UCITS-III compliant fund of funds.
Vela, a provider of trading and market access technology for global multi-asset electronic trading, has appointed Scott Visconti as CTO, focusing on technology strategy, supporting growth, and the next stage of development of Vela’s product stack, services, and processes. Visconti
Maitland has merged its USD 1.5 billion international fund administration business with FinSource, the SA-based specialist admin services provider. The deal will boost funds under administra
UK-based fund of hedge funds firm, Key Asset Management, is joining forces with one of its owners, Scandinavian bank SEB, to launch its first newcits according to HFMWeek.
eVestment, a specialist in institutional investor data and analytics, has acquired RedQuarry, the provider of a cloud-based investment research management solution. RedQuarry was founded in 2014 by Chris Tinsley and Jared Potter. Tinsley, Potter, co-CEO Patrick Adrian and the rest
