As Wall Street experienced its best August since the 1980s, the hedge fund industry posted its fifth straight positive month returning 2.42 per cent in August, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop
Although perceived as a very safe and conservative country, Luxembourg has embraced innovation in a number of ways that continue to set it apart from many of its competitors. In many respects, Luxembourg got it right in 2013 when it
BTON Financial has appointed fixed income and electronic trading expert, Andrew Bernard, as Non-Executive Director. Bernard joins BTON’s advisory board from Tradeweb, where he held a variety of senior positions over the past 17 years, including MD, Head of of Asia
Northern Trust has been appointed to provide fund administration services for Pershing Square Capital Management (Pershing Square). Under the mandate, Northern Trust will support Pershing Square’s Guernsey, Cayman and Delaware domiciled funds.“Northern Trust has all the capabilities we were looking
Paris-based systematic hedge fund Quantology Capital Management – which trades US equities using a quarterly earnings-based quant model – has generated positive returns from IT and internet positions, and now sees US markets firmly in “risk on” territory.
eXate, a data privacy solutions provider, has joined OpenFin’s growing community of financial institutions and FinTech firms deploying their desktop applications on OpenFin’s OS. In the analogue world, ink bombs ensure that stolen cash is rendered useless. In the digital
FXCM Group, an international provider of online foreign exchange trading, CFD trading, cryptocurrencies and related services, has added Volatility Index CFDs to its range of available trading instruments. In tracking the future volatility of the markets, rather than the stock prices
Global law firm Ropes & Gray has appointed Keren Rimon as counsel in the firm’s private investment funds practice in Boston. Rimon joins Ropes & Gray from Harvard Management Company where she most recently held the position of Senior Vice
KYC Global Technologies is partnering with Dow Jones Risk & Compliance, strengthening the positioning of the Jersey-based company’s RiskScreen product range. The partnership enhances the ability of RiskScreen users to identify customers and companies with characteristics that indicate heightened financial
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 1.13 per cent in August, underperforming the 1.54 per cent monthly return of the HFRX Global Hedge Fund Index. The Wilshire
