"We see the funds industry as continuing to contribute to the overall offering of financial services. There remains good interest in the BVI product and we envisage that will continue," asserts Glenford Malone, Director, Investment Business Division, BVI Financial Services
The Alternative UCITS market keeps showing strong growth with LuxHedge recording net inflows of EUR5.2 billion in assets under management in January. The strongest rise occurred in Fixed Income Arbitrage (EUR2.8 billion), Global Macro (EUR0.9 billion) and Multi-Strategy (EUR0.8 billion) funds. The
In the face of more than USD100 billion in investor redemptions in 2016, hedge funds continue to perform surprisingly well out of the gate in 2017, according to eVestment's January 2017 Hedge Fund Performance Report. The industry started off 2017
INTL FCStone has executed a sale and purchase agreement to acquire outsourced trading firm Fillmore Advisors. This news follows-on from the announcement that INTL launched a Prime Brokerage division in April of this year – with Fillmore Advisors now becoming
ACA Compliance Group and GLG (Gerson Lehrman Group) have entered into an exclusive partnership to provide mutual clients with the option to retain ACA’s third-party monitoring service for expert consultations arranged by GLG. Through this service, ACA Compliance Group, a
By Mary Beth Hamilton – According to research firm Gartner, by 2020, a corporate “no-cloud” policy will be as rare as a “no-internet” policy is today. Cloud-first, and even cloud-only, is replacing the defensive no-cloud stance that dominated in recent years…[Additionally], hybrid will
Alpine Global Master Fund, a long/short market-neutral hedge fund, has appointed Northern Trust (Nasdaq: NTRS) to provide hedge fund administration services and middle office outsourcing. The fund has a fundamental based quantitative investment methodology and is managed by BOCOM International
The latest flash estimate for the Barclay CTA Index, compiled by BarclayHedge, shows a 1.75 per cent gain in October. Year to date, the index is up 0.15 per cent. Diversified Traders led for the month with a gain of
The European Energy Exchange (EEX) intends to enable negative prices on its natural gas spot markets as of 1 October 2020, following a number of key price fluctuations which have taken place in the market over the recent months. Driven by
Asahi Pretec, a precious metals recycling company, has selected smartTrade Technologies, a specialist in multi-asset, end-to-end trading solutions, as technology provider to deliver Asahi’s precious metals trading platform, with NTTData, a major Japanese system integrator, as a partner. smartTrade will
