Hedge funds as measured by the Greenwich Global Hedge Fund Index (GGHFI) navigated volatile markets to finish the month with a slight loss. The GGHFI shed 1.32% compared to global equity returns in the S&P 500 Total Return (-1.67%), MSCI
First Derivatives, a provider of software and consulting services to the capital markets industry, has launched an integrated trade execution, risk management and surveillance solution for FX markets. The solution enables brokers to provide value-added services to their clients by
Most of the principals and employees of Rothstein Kass, a professional services firm in the hedge fund industry, are to join US audit and tax advisory firm KPMG. The move brings together KPMG’s alternative investments presence and global reach with
FletcherBennett Capital, a consulting firm for the hedge fund industry, has appointed Somer Hatano as director of investor coverage for Japan to specifically address the needs of Japanese institutional investors. Hatano joins the firm with extensive experience covering Japanese investors
Knight Capital Europe’s order execution service, Knight Link, will begin trading Nordic large-cap securities listed on the Nasdaq OMX Nordic. Knight Link, a trading model for European equities, will initiate coverage of 75 stocks in Finland, Denmark and Sweden. “We
Traiana, a provider of pre-trade risk and post-trade processing solutions, has launched an enhanced version of CreditLink with new functionality designed for buy-side market participants trading on swap execution facilities (SEFs). The enhanced version includes services to streamline post-trade processing
Knight Capital Group has introduced algorithmic pairs trading capabilities for institutions designed to increase fulfillment rates through improved liquidity sourcing and a flexible interface. Knight’s pairs trading capabilities include access to Knight’s liquidity in addition to displayed and dark markets
The Securities and Exchange Commission (SEC) has issued fraud charges and an asset freeze against an investment fund manager accused of stealing money from investors to pay personal and business expenses. The SEC alleges that Neal V Goyal told investors
Matrix Asia Fund has added Sam West to its team, joining Rupert Foster and David Peerless. Since its launch 18 months ago, the Matrix Asia Fund has outperformed the MSCI Asia Pacific Index by 48.09 per cent returning 33.89 per
Prologue Capital, an alternative investment firm that manages a discretionary fixed income strategy, has hired Noah Estrin as a senior portfolio manager focused on trading US agency mortgages. Estrin will work in the firm’s Greenwich, Connecticut office and will report
