Hedge funds surged at the start of 2018 as equity markets turned in the strongest January since 1997, despite equity, currency and fixed income market volatility building into month-end. The HFRI Fund Weighted Composite Index gained 2.8 per cent for
Capital Markets technology specialist Neueda has partnered with Levyx Inc, a big data system software provider, to vastly increase data processing capacity for the Python community. Through the new Helium-Python interface, Neueda and Levyx have significantly increased Python’s utility, offering
Carey Olsen, together with JTC, has assisted secure mobile communications provider Criptyque in obtaining a Jersey virtual currency exchange licence to operate its cryptocurrency exchange platform, PryvateX, which is opening for registration soon. The team behind Criptyque continues to build
Man GLG, the discretionary investment management business of Man Group, has appointed Louise Pugh as a portfolio manager for its European Mid-Cap Equity strategy. Pugh will continue to report to Moni Sternbach, strategy portfolio manager and Head of European Mid-Cap
Futures commission merchant AMP Global Clearing (AMP) is to pay USD100,000 to settle CFTC charges that it failed to supervise the cybersecurity of customer records and information. The charges relate to the period between 21 June, 2016 and 17 April, 2017
Sterling Trading Tech (STT), a provider of professional trading technology solutions, has launched a new market data entitlement system, The Sterling Entitlement Manager (SEM). This custom-built system enables Sterling and its clients to follow all compliance regulations when on-boarding both
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 1.59 per cent in January, underperforming the 2.45 per cent monthly return of the HFRX Global Hedge Fund Index. The
eFront, a financial software and solutions provider for the alternative investments space, has launched eFront Insight which digitalises data exchanges between General Partners and Limited Partners, and boosts analytics and insight generation. eFront Insight combines a GP data portal with
BTIG has appointed Joe Passaro as a Managing Director and Head of Capital Markets. Passaro brings over a decade of key experience to BTIG’s growing capital markets businesses. He will be based out of the firm’s New York office and
UMB Fund Services has been named as a sponsor of the Hedge Fund Association’s (HFA) global Thought Leadership Council. “As a long-term administrator in the alternative investments space, we are excited to further our commitment to the industry through sponsorship
