A Q&A with Brian Desmond, CSO and EVP Head of Fund Services at Horseshoe Group. For readers unfamiliar with ILS Funds, can you give a brief summary of the asset class? Insurance Linked Securities (ILS) are financial instruments sold to
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2018 measured -0.09 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index, meanwhile, declined 1.40 per cent in April. “SS&C GlobeOps’ Capital Movement Index for April
Ultimus Fund Solutions has acquired Woodfield Fund Administration, a privately-owned private fund administration firm headquartered in Chicago, Illinois. Ultimus says that the combination will allow each firm to better leverage technology investments, resources and assets, providing current and prospective clients
Man Group, the world’s largest listed hedge fund, has reported net inflows in the first quarter of 2017 of USD4.8 billion, driven by strong inflows into alternative risk premia, European long short and emerging market local currency strategies. These inflows
BlackRock is to acquire Tennenbaum Capital Partners, an investment manager focused on middle market performing credit and special situation credit opportunities. The acquisition augments BlackRock’s position as a leading global credit asset manager and advances its goal of providing clients
The team behind London-based credit investment specialist PVE Capital is forming Prosperise Capital. The establishment of Prosperise involves a new legal structure, new partners, new offices in London and further offices globally, but the original investment team and their credit
The European Energy Exchange (EEX) is to expand trading in dairy products with a Liquid Milk Future, on 15 August 2018, becoming the first exchange in Europe to offer such a product in the process. So far, EEX offers trading
Following a bright start to the year in January and challenging February, all CTA indices finished slightly in negative territory for March, according to the latest performance data for Societe Generale Prime Services’s SG CTA indices. Overall, performance was mixed,
Eurekahedge reports that hedge funds registered their second consecutive month of losses since the start of 2018, with the Eurekahedge Hedge Fund Index declining 0.51 per cent in March, while still outperforming the MSCI World Index which ended the month
The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.34 per cent loss in March. Year to date, the Index is down 1.71 per cent. “Concerns of a US/China trade war and a data hacking scandal
