Credit and alternatives investment manager Palmer Square Capital Management has launched its sixth mutual fund, the Palmer Square Long/Short Credit Fund (PCHIX, PCHAX). Christopher D Long, president of Palmer Square Capital Management, sayss “We believe this is an ideal environment
Hedge fund strategies were hurt last week by their long exposures on US risk assets, especially credit positions, according to Lyxor Asset Management. High yield has been negatively impacted by the deterioration in risk sentiment and by oil prices, in
Hedge Connection, a platform for connecting alternative investment managers and accredited investors, has launched The Capital Club, a virtual introduction system. The Capital Club allows fund managers to request introductions to allocators based on matching investment profiles. The manager is
Euronext (ENX) has completed its project with Hong Kong Exchanges and Clearing Limited (HKEx) on the Orion Market Data Platform (OMD) with OMD’s extension to support the derivatives market at HKEx. The previous launches supported HKEx’s securities market (OMD introduction
Thunderhead.com and Markit have formed a partnership to establish an online service for creating and negotiating Master Confirmation Agreements (MCAs) at scale. Markit will integrate Thunderhead.com’s ONE for Capital Markets software as a service (SaaS) solution that automates the production,
Hedge fund launches slow as assets, global equities reach record levels, says HFR New hedge fund launches slowed to conclude the volatile third quarter as total hedge fund industry capital posted a narrow gain to rise to a new record
Financial service advisory firm Kinetic Partners has expanded its global offering by opening two new offices, one in Chicago and one in Singapore. Kinetic Partners’ Chicago office, led by Associate Director Kathryn Lattner, will have a team focused on Forensic
CBOE Holdings has entered into a licensing agreement with MSCI to offer US options trading on several MSCI indexes, which will be solely listed for trading on the Chicago Board Options Exchange (CBOE). The six indexes included in the agreement
London-based hedge fund GLG Partners has launched a new distressed fund, according to a report in the Financial Times. The fund, which will invest in the debt of troubled UK and European companies focussing on tradeable, liquid securities and avoiding
Circle Squared Alternative Investments (CSQ) has partnered with USD1.5bn money management and investment consulting firm Strategic Capital Alternatives (SCA). SCA provides customised investment portfolio models and operational platforms to independent registered investment advisors (RIAs). The partnership is aiming to empower
