All six of IndexIQ’s proprietary family of hedge fund replication and alternative beta indexes recorded negative performance in June. The IQ Hedge Event Driven Index was the month’s biggest loser with a return of -2.14%, followed by the IQ Hedge
Custom House Fund Services, a provider of financial services to the alternative investment sector, has been named “Best North American Shadow Accounting Firm” in Hedgeweek’s 2015 USA Awards. The fifth annual awards, which were presented in New York on 10
AST Fund Solutions, a provider of a complete suite of shareholder communication and recordkeeping services for mutual funds and closed-end funds, has launched a full-service intermediary oversight solution called AST Oversight. AST Oversight was developed with Wheelhouse Analytics, a well-known
Carne Group and CalQRisk, a developer of enterprise-wide risk management technology solutions, have launched a technology-driven solution for fund boards. This new Carne CalQRisk product has been tailored to the requirements of fund boards and fund directors facing increased risks
Interest rate volatility is like a storm cloud building on the horizon. The US Federal Reserve has kept rates stable for nigh on a decade, but global asset managers are now preparing for their fixed income portfolios to feel the
Hedge funds posted declines in June as Chinese equities fell sharply and uncertainty over the outcome of the Greece referendum contributed to losses in quantitative, trend-following, Macro CTA strategies, according to HFR. The HFRI Fund Weighted Composite Index declined -1.3
The Lyxor Hedge Fund Index was down -1.9 per cent in June. None of the 12 Lyxor Indices ended the month in positive territory. The Lyxor Fixed Income Arbitrage Index (0 per cent), the Lyxor Convertible Arbitrage Index (-0.1 per
Ultimus Fund Solutions has been selected by Topturn Capital to provide comprehensive fund administration and distribution services for the firm's first mutual fund. The Monterey, California-based alternatives manager launched the fund through the Ultimus Managers Trust, leveraging Ultimus’ administration, distribution
Guernsey’s financial services regulator approved 18 new investment funds during the second quarter of 2015, resulting in a total of 112 additions for the year ending 30 June 2015. Figures from the Guernsey Financial Services Commission (GFSC) also show that
Both new hedge fund launches and liquidations declined through mid-year 2015 as financial market volatility increased and HFRI performance topped equity markets through 1H15. New hedge fund launches totalled 252 in 2Q15, a narrow decline from 264 in the prior
