There will winners and losers in 2015 as the wealth and asset management tackles regulatory change and a number of other challenges, says Ernst & Young (EY). According to the firm’s outlook for next year, regulatory-driven change will see remuneration
The SS&C GlobeOp Forward Redemption Indicator for December 2014 measured 5.87%, up from 5.05% in November. “In line with other year-end averages, December forward redemptions represented a 12 month-high, with the bulk of activity falling in the under 1 month
On 16 December, Euronext’s commodities franchise achieved a record daily volume in milling wheat futures for the second time this month, with 92,531 contracts traded. Milling wheat futures volume represented over 4.6 million tons on 16 December 2014. The previous record
A new report from the TABB Group shows that prime brokerage, long thought to be the most opaque of markets, is in the midst of a large-scale change. The report, “Equity Prime Brokerage: Exploring Uncharted Territory,” is the result of
The Credit Suisse Hedge Fund Index (the Broad Index) finished up 1.50% for the month in November, with nine of the ten sub-strategies ending the month in positive territory. Managed futures led the way with an impressive 7.5% return, way
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 funds in Europe that are rushing to outsource their compliance to meet looming reporting deadlines under the AIFMD are largely failing to consider the risks of doing so, according to ViClarity. ViClarity estimates around seven in 10 hedge fund
Aggregate hedge fund performance was positive 1.08% in November, ending the industry’s two-month decline, according to eVestment’s latest monthly Hedge Fund performance report. Year-to-date aggregate returns of 2.85% are well below 2013’s full-year increase of 10.20%. Aided by rebounding US
Trading in investment products and leverage products on European financial markets fell slightly in the third quarter of 2014. At EUR26.2 billion, the trading volume was down one per cent compared to the previous quarter. However, exchange turnover was up
CTAs are up 1.5% over the week as short positions on commodities, including oil, once again proved to be a driver of performance, according to Lyxor. CTAs had nonetheless a diversified source of gains, posting profit on equities, rates, and
