Linedata has integrated its Global Hedge Portfolio Manager with Electra Information Systems’ (Electra) Electra Reconciliation. The creation of a purpose-built interface provides hedge fund managers with immediate integration through an adapter created and supported by both Linedata and Electra.
Algorithmic trading is taking hold in foreign exchange – in part due to fallout from the 2013 FX “fixing scandal.” Foreign exchange represents one of the world’s biggest, most liquid and most electronic marketplaces. But while algorithmic trading has become
Hedge funds marked another positive performance month in May, with the industry returning 0.93 per cent through the month to bring year-to-date gains to 1.55 per cent, according to data released by Preqin. Although this does not match the 2.39
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2016 measured 1.26 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.03 per cent in June. "SS&C GlobeOp's Capital Movement
FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, has developed the FIXProtocol for use for transmitting MiFID II Transaction Reports to Approved Reporting Mechanisms (ARMs). Under MiFID II, all investment firms (including certain
Crestline Investors, a credit focused institutional alternative asset manager, has held an additional closing of its Crestline Opportunity Fund III strategy, bringing capital in the strategy to USD720 million. The strategy invests primarily in small to mid-size corporate and asset-based
Horseshoe Group has acquired IKONIC Fund Services (IKONIC) to form an independent fund administrator and insurance manager dedicated to both the Insurance Linked Securities and the alternative fund markets. The transaction, which closed last week subject to customary regulatory approvals,
Hedge fund returns were divided in May with overall industry performance slightly negative at -0.09 per cent, bringing overall YTD returns to +0.75 per cent. Commodity hedge funds, the surprise performance leaders of the industry so far in 2016, produced negative
Newfleet Asset Management, an affiliate of Virtus Investment Partners, has closed a USD356.3 million collateralised loan obligation (CLO). Newfleet CLO 2016-1 will be backed by a diversified portfolio of broadly syndicated senior secured floating rate loans, with six classes of
Since its inception on 6 May 2016, the RWC Asia Absolute Alpha Fund generated a return of 0.7 per cent for the month. The fund spent most of May with low net exposure while its manager, Garret Mallal assessed the
