Hedge fund performance took a small hit in recent days on the back of adverse market developments and trend reversals, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. Lyxor writes that higher risk aversion was not
The contribution made by offshore finance centres to the global economy should not be underestimated, writes Paul Smith (pictured), Chairman of the Guernsey Investment Fund Association. Offshore funds provide a way of facilitating the flow of capital around the world
Carey Olsen has expanded its finance practice in the Cayman Islands with the appointment of Dylan Wiltermuth who has joined the firm as counsel.
Epsilon Asset Management (Epsilon) has appointed Charles “Chuck” Soderstrom as COO and Partner of the firm. “Soderstrom’s decades of operational experience strengthens the foundation needed to grow Epsilon while providing world class infrastructure and service to our expanding client base,”
Eventus Systems, a global trade surveillance and market risk platform provider, is to provide its futures market surveillance technology to INTL FCStone. INTL FCStone recently announced several expansion initiatives and deployed the cloud implementation of the Validus platform, replacing its
Hickory Lane Capital Management, a New York-based fundamental equities-focused investment manager, is tapping into opportunities across the TMT, industrials and consumer sectors with a new long/short equity strategy, which has launched with USD100 million in assets anchored by asset management
The first electronic SOFR versus Effective Federal Funds Rate (EFFR) basis swap compression trade has been executed on the Bloomberg SEF (BSEF). Read the full story at Institutional Asset Manager…
Esprow, a provider of enterprise testing technology for the financial markets, has released version 3.0 of ETP Studio for FIX. Delivered as an in-premise solution, version 3.0 of ETP Studio for FIX includes more than 200 new features, with a
The frantic hunt for an effective vaccine against coronavirus could leave some pharmaceutical companies highly exposed in a fiercely competitive race – and UK hedge fund Argonaut Capital is weighing in with several key bets against the sector.
RedBird Capital Partners (RedBird) and Reverence Capital Partners are to acquire Vida Capital (Vida), an alternative asset management platform specialising in non-correlated investment strategies. Vida’s President and CEO, Jeff Serra, along with members of the management team, will invest alongside
