Hedge fund redemptions slowed from the prior month’s pace in July, though outflows continued for a second straight month as the hedge fund industry experienced USD8.1 billion in net redemptions. July’s redemptions, which represented 0.3 per cent of industry assets,
The Bank of New York Mellon Corporation (BNY Mellon) and Bloomberg have formed a strategic alliance that further integrates BNY Mellon’s data, analytics, and servicing capabilities with AIM, Bloomberg’s portfolio management, trading and compliance solution. The new connectivity streamlines data
BarclayHedge’s newest index, the Barclay Cryptocurrency Traders Index, dropped 29.2 per cent in March. Year to date, the Index is down 43.1 per cent after three consecutive monthly losses. “Within days of the launch of Bitcoin futures, Bitcoin rose to
BCS Global Markets (BCS GM), has appointed Andrew Richards as Prime Services Sales Director. Based in London, Richards will be supporting the firm’s expansion by strengthening and expanding the global investor base in the US, Europe, Emerging and frontier markets
GoldenTree Asset Management (GoldenTree) has implemented Hazeltree Collateral Manager to manage daily collateral calls. Hazeltree Collateral Manager provides GoldenTree with a comprehensive view of derivative positions with counterparties, as well as analytics and collateral automation algorithms to manage collateral positions
Exchange Data International (EDI), a provider of global security corporate actions, pricing and reference data, has partnered with Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, to distribute its data and deliver complementary
Fidante Partners has added Hugh Ferrand to the Institutional Business Development team in the firm’s London office. Ferrand (pictured) has over 20 years’ experience in institutional sales, principally as head of the Invesco Perpetual Institutional Division, where he successfully grew
Hedge Funds lost 0.64 per cent in March according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 2.54 per cent decline in the S&P 500 Total Return Index. Year to date, the Barclay Index is down 0.07 per cent,
Leanne Wallser has joined Walkers’ Jersey office as a Group Partner as part of the firm’s strategic growth in the Island. Wallser is the fourth new partner in the Jersey team in the last 18 months, following the relocation of
Fairgreen Capital, a London-based manager of market-neutral equity strategies, has launched its investment operations on Eze Eclipse.
