The hedge fund industry faces a challenging environment in Europe, with overall assets under management declining in 2016, and net asset outflows continuing through Q1 2017, according to a new report from Preqin. Hedge Funds In Europe reveals that as
Point72 Asset Management (Point72), the family office managing the assets of its founder, Steven A Cohen (pictured), and eligible employees, has named Joshua Varsano to lead its Human Resources (HR) group. Varsano will be responsible for managing all of Point72’s
Intercontinental Exchange’s (ICE) subsidiary, Interactive Data, is to work with AllianceBernstein (AB) to help the firm evaluate its trade execution quality and perform transaction cost analysis (TCA). The work will be done across various mutual funds and separately managed portfolios using
Hagen Lewis (pictured), has joined Neudata as Director, North America, and will be based in midtown New York City. Lewis will expand the US nationwide marketplace for the firm’s alternative data intelligence platform by working closely with systematic, quantitative and
Barclays has launched the Barclays Merger Arbitrage US Index Family, a new addition to the Barclays range of Quantitative Investment Strategies. Barclays launched its first Merger Arbitrage indices in 2010. The addition of the new index family will allow investors to
The hedge fund industry produced an aggregate return of -0.77 per cent in December. The decline was the industry’s fifth negative month in the second half of 2015 and eighth of the year, according to eVestment’s latest Hedge Fund Performance
Hedge fund firm BlueBay Asset Management has adopted Markit’s Know Your Third Party (KY3P) platform. KY3P is designed to allow organisations to simplify and standardise third party risk management processes with a focus on vendor due diligence and ongoing monitoring.
Neuberger Berman has extended its range of alternative solutions with the launch of the Neuberger Berman Uncorrelated Strategies Fund. The UCITS Fund went live with USD71 million in seed capital from clients in the UK, Switzerland and Scandinavia. The fund’s
The US CFTC has entered into non-prosecution agreements with the former Citigroup Global Markets traders – Jeremy Lao of New York, New York, Daniel Liao (of Minato-Ku, Japan, and Shlomo Salant of New York, New York. In their non-prosecution agreements,
The US Commodity Futures Trading Commission (CFTC) has issued an order granting Eurex Clearing AG (Eurex Clearing) registration as a derivatives clearing organisation (DCO) under the Commodity Exchange Act (CEA). Under the order, Eurex Clearing will be authorised to provide
