Overall hedge fund industry returns turned negative in May after a four-month string of positive results to start off the year, according to the just-released May 2019 eVestment hedge fund performance data. Aggregate industry performance stood at -1.55 per cent
The US Commodity Futures Trading Commission (CFTC) and the UK’s Financial Conduct Authority (FCA) are to collaborate and support innovative firms through each other’s financial technology (FinTech) initiatives – LabCFTC and FCA Innovate. “The FCA’s Project Innovate is the gold
The market reversal in early February took a heavy toll on CTAs and they are down almost 5 per cent on a month to date basis, according to the Lyxor CTA index. Other measures of CTA performance point to a
Tishman Speyer has agreed a lease with Capital Fund Management for space at Smithson Plaza, a refurbished estate at 23-27 St James’s Street, previously known as ‘The Economist Plaza’. Founded in 1991, Capital Fund Management (CFM) is an alternative investment
FlexTrade, a global cross-asset execution and order management system, has added extra staff at its office in Paris to address increased demand in both sales and service for the company’s growing prospect and client base in France. Manuela Bauer, Sales
Investment funds can now take advantage of a new limited partnership regime following the passing of the Limited Partnership Act in the British Virgin Islands (BVI). The Act is designed to provide all the typical benefits of limiting liability, as
Euronext has reported strong operating performance for the full year 2017 with revenue up by 7.2 per cent to EUR532.3 million. Despite low volatility, cash trading revenues totalled EUR190.3 million up 5.3 per cent, thanks to strong market share at
The Eurekahedge Hedge Fund Index slumped 0.63 per cent in May as hedge fund managers struggled to generate returns during the risk-off month. The Trump administration’s decision to raise tariffs on USD200 billion of Chinese imports signalled the escalation of
Dillon Eustace has appointed Shane Coveney as a Partner in the firm’s Asset Management and Investment Funds Practice. With over 10 years’ experience, Coveney’s practice focuses on the structuring, establishment and operation of Irish regulated investment funds with particular expertise in
Gramercy Funds Management has appointed Jeffrey D Sharon, CFP, CIMA as Global Head of Business Development. Sharon will be responsible for the firm’s marketing, distribution and investor relations efforts and will also serve as a member of Gramercy’s Management Team.
