Abacus Group, a provider of hosted IT solutions and application hosting for alternative investment firms, has reported revenue growth of 20 per cent year-on-year so far in 2018. The company has seen a 23 per cent increase in the number
Total Assets under Management (AUM) in Europe increased by 10 per cent in 2017 to EUR25.2 trillion, according to the 10th edition of the European Fund and Asset Management Association (EFAMA) Asset Management Report. In relation to GDP, the value
While hedge funds’ performance and alpha were ‘honourable’ until the summer, analysis by Lyxor suggests that they erased about 2.5 per cent of alpha since June, with no turn in sight yet in September. Lyxor writes: “L/S Equity funds were
The SS&C GlobeOp Forward Redemption Indicator for September 2018 measured 3.35 per cent, up from 2.73 per cent in August. “SS&C GlobeOp’s Forward Redemption Indicator was 3.35 per cent for September 2018, a strong result. On a year-over-year comparative basis, the
After a solid first quarter, CMC Markets says its second quarter (1 July-25 September) has been impacted by a sustained period of low market volatility and range bound markets towards the end of the traditional UK summer period, in addition
The asset-weighted Mizuho-Eurekahedge Index – USD was down 0.41 per cent in August, underperforming the equal-weighted Eurekahedge Hedge Fund Index which declined 0.05 per cent throughout the month. Nearly half of the fund managers overseeing assets in excess of USD1
Investment fund assets worldwide increased by 4.4 per cent to EUR45.65 trillion at end Q2 2018, according to the European Fund and Asset Management Association’s (EFAMA) latest International Statistical Release. In US dollar terms, due to the appreciation of
Europe’s fund industry, including ETFs, registered net inflows of EUR152 billion to long-term funds in 2018, a far cry from the record-breaking levels – EUR774 billion – seen in 2017, according to data released by Morningstar. Morningstar says that the
The Citco Group of Companies (Citco), a provider of asset servicing solutions to the global alternative investment industry, has passed the USD1 trillion mark for assets under management. Citco says the milestone was reached purely through organic growth, an industry
The market rebound started at the end of December fuelled strategies that were most exposed to risk assets, such as L/S Equity and Special Situations. This is in sharp contrast to performance in Q4-18, which was dreadful. That’s according
