The London Metal Exchange (LME) has launched a month-long consultation on proposals designed to broaden access to its electronic trading platform, LMEselect. The changes put forward include opening up LMEselect access to category 3 and category 4 members of the
Hedge funds investing predominantly in China suffered steep losses in July, as the HFRI China Index declined -7.7 per cent and the Shanghai Composite Index collapsed, falling over -14 per cent in the month, including a single-day decline of -8.5
Global macro hedge funds appear to be maintaining a contrarian stance versus the market when it comes to positioning on government rates. In recent weeks, managers have secured gains by taking long positions in the US and Europe thanks to
The current year is on track to be the best year for M&A ever. Since the beginning of the year, global M&A volumes have reached USD1800bn according to Bloomberg, the best first five months in twenty years. Such figures include
Poplar Forest Capital, an investment management firm specialising in large and mid-cap value equities, has been selected by Progress Investment Management Company to manage a USD121 million large cap account. Progress is a manager of emerging investment managers. “We are
CBOE Holdings is to acquire the market data services and trading analytics platforms of Livevol, a provider of equity and index options technology and market data services to professional and retail traders. The acquisition, which has been approved by the
By James Williams – Sovereign Wealth Funds are showing a lot of appetite for real estate assets as total AUM in this segment of the alternative funds space continues to build and investors look to diversify their portfolios. North America remains
AcadiaSoft has completed the successful launch of its MarginSphere Xpress platform, an email messaging service which allows clients to leverage their investment in the firm’s industry-leading MarginSphere electronic messaging service for OTC derivatives by extending communications to counterparties who are
The Credit Suisse Liquid Alternative Beta Index (CSLAB), which aims to reflect the performance of the overall hedge fund industry, finished up 1.38% in July. The Long/Short Equity strategy was the strongest performer for the month and year-to-date, finishing up
Graham Martin (pictured), managing director of Optima Fund Management, comments on investing in the current market in the UK… Almost a week on from the Bank of England’s ‘Average Thursday’, it is apparent that the decision to leave UK rates
