Ultimus Fund Solutions (Ultimus), an independent provider of fund administration, accounting and investor solutions to traditional and alternative fund managers, is to acquire LeverPoint Management (LeverPoint). LeverPoint, headquartered in Clifton Park, NY, is an independent provider of full-service fund administration,
Lyxor Asset Management has partnered with Academy Investment Management, a New York based asset management firm, to launch the Lyxor/Academy Quantitative Global UCITS Fund, a systematic market neutral strategy focused on global equity markets. The Fund utilises a proprietary statistical
By Joe McGrath – Returns from the low end of investment grade debt are doing nothing to excite investors, so hedge funds are looking to higher yields … in China. Investors seeking a higher yielding income source are flocking to
Hedge funds recovered strongly last week from the recent stock selloff, with two exceptions: fixed income funds, flat this week; and neutral equity funds, still suffering from sector and factor rotations. The risk-on sentiment though broadly supported hedge funds last
The SS&C GlobeOp Forward Redemption Indicator for August 2019 measured 3.41 per cent, up from 2.69 per cent in July. “SS&C GlobeOp’s Forward Redemption Indicator of 3.41 per cent for August 2019, though up from the 2.73 per cent reported a
The VIX is not broken says Taylor Lukof of ABR Dynamic Funds. “There was an opportunity for the VIX to break on the 5th of February and here we are two weeks later and the VIX is at 18, down
The Commodity Futures Trading Commission (CFTC) has issued an Order filing and simultaneously settling charges against Respondent, Eagle Market Makers, Inc. (Eagle), an Illinois firm, for engaging in wash sales and noncompetitive transactions which were traded on the Chicago Board
The Braddock Multi-Strategy Income Fund has crossed the USD500 million benchmark in assets under management and received a five-star overall Morningstar Rating from among 297 funds in the Multisector Bond Fund Category as of 31 July, 2019 based on its
Apex Group (Apex), has successfully closed the acquisition of the Corporate and Private Client Services (CPCS) and Throgmorton businesses of Link Group’s Asset Services division. The acquisitions add over 600 employees and 6,000 clients to the Apex Group, across multiple
2017 was an exceptional year for the European investment fund industry, with net assets of UCITS and AIF surpassing the EUR15 trillion mark and net sales breaking the prior record set in 2015 by more than EUR200 billion. That’s according
