Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished January up 2.07 per cent, with nine out of 10 strategies in positive territory. In total, the industry saw estimated outflows of approximately USD9.3bn in January,
Kingdom Trust, a regulated financial institution offering qualified custody for digital asset investments like Bitcoin and Ethereum, has secured insurance for assets held on its qualified custody platform through Lloyd’s of London. “Qualified custody by a regulated, insured financial institution
The Depository Trust & Clearing Corporation’s (DTCC) corporate actions pilot programme has begun systemic client testing of ISO 20022 messages covering the full entitlement and allocation lifecycle for distribution events. The pilot for distribution events, launched in September 2012, is
ICAP has launched i-Swap, its electronic interest rate derivative platform in the US for trading of US Dollar interest rate swaps (IRS). Barclays, BofA Merrill Lynch, Citi, Deutsche Bank and JP Morgan are supporting i-Swap by providing streaming prices. An
Pine River Capital Management has deployed its Flex Trade Systems’ FlexTRADER EMS to facilitate trading for equities, FX and listed derivatives. “In this business, one has to continue to innovate or die,” says Scott Reinhart, head of Pine River Capital
By Amanda Daly, EzeCastle Integration – If you are launching a new firm or enhancing the operational efficiency of an existing firm, choosing an external provider to outsource your IT needs is an important decision that should be made after careful
The turnover of investment certificates and leverage products traded on the European stock exchanges in the fourth quarter of 2012 was EUR20.7bn, or 13.4 per cent lower than in the third quarter of the year. In year-on-year terms, the decline
QuantHouse, S&P Capital IQ’s real time operation, has partnered with the European arm of Russian financial institution BCS Financial Group to launch low latency market data for MICEX-RTS – Russia’s main equity market. In addition, BCS is leveraging its trading
In this paper, EDHEC emphasizes the need for the hedge fund industry to adopt a
Apex Fund Services, a fund administration business, has launched a middle office fund administration service that gives hedge funds a real-time portfolio management system. Apex has licensed Nirvana Solutions’ Software as a Service platform to provide hedge fund managers of
