The State Street Global Investor Confidence Index decreased to 96.9 in October, down 7.5 points from September’s revised reading of 104.4. The decline in sentiment was driven by an 8.7 point drop in the North American ICI to 96.8, along
CBOE Holdings has priced an underwritten public offering of USD650 million of its 3.650 per cent Senior Notes due 2027. The offering is expected to close on 12 January 2017, subject to customary closing conditions. CBOE Holdings estimates that
Hedge funds posted gains across all strategies in December, with the HFRI Fund Weighted Composite Index (FWC) rising to a record index value level as oil prices surged, equities gained and US interest rates increased into year end. According to
Ultimus Fund Solutions has surpassed USD50 billion in client assets serviced. During 2016, Ultimus helped 11 advisers launch 15 new mutual funds. It also managed the conversion of 12 clients with 36 mutual funds and over 50 separately managed
CME Group is planning to launch bitcoin futures in Q4 2017, pending regulatory approval. The new contract will be cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day reference rate of the U.S. dollar
Societe Generale Prime Services reports that all SG CTA indices posted positive returns in December 2016 at the end of what it describes as a difficult quarter. However, the SG CTA Index closed the year slightly negative at -2.86 per
Tortoise Credit Strategies has launched its first mutual fund, The Tortoise Select Income Bond Fund, which is structured as a 1940 Act regulated investment company, and designed after the firm’s flagship core plus bond strategy. The fund aims to seek
Stone Harbor Investment Partners, an independent global fixed-income investment firm focused on credit risk strategies and asset allocation, has launched the Emerging Markets Explorer Strategy, a concentrated, high conviction, unconstrained strategy in emerging markets debt. The Emerging Markets Explorer Strategy
Liquid real asset specialist firm Cohen & Steers has launched an active commodity fund, offering investors broad and diversified exposure to commodities through an active, long-biased investment approach based on rigorous fundamental research. The Cohen & Steers Active Commodities Fund
Most hedge fund strategies remained in positive territories in the past week, with Global Macro leading the pack, benefitting from short European bonds and from positions in Japanese FX and equities, according to the latest Weekly Brief from Lyxor’s Cross
