The Depository Trust & Clearing Corporation plans to establish a subsidiary called DTCC Derivatives Repository, which will maintain global credit default swap data identical to that maintained in its New York based Trade Information Warehouse. The move is intended to
The Credit Suisse Liquid Alternative Beta Index was down 0.24 per cent in November, according to Jordan Drachman, head of alternative beta strategies at Credit Suisse. The merger arbitrage strategy was the most significant contributor to performance, finishing up 0.85
Advent Software, a provider of software and services for the investment management industry, has launched the latest version of Geneva, its portfolio management and fund accounting solution. Version 8.0 introduces middle office functionality, integration to counterparties and data providers, and
The Dow Jones Credit Suisse Core Hedge Fund Index closed up 0.33 per cent in November as six of the seven index component strategies reported positive results for the month. Emerging markets (1.29 per cent) was the best perfumer while
International derivatives exchange Eurex plans to extend its offering of futures and options on European size indices provided by Stoxx. Four futures and four options based on the Euro Stoxx and the three corresponding sub-indices Euro Stoxx Large, Mid and
PFPC Worldwide Inc., a member of The PNC Financial Services Group, Inc.
Hedge funds posted gains in November as equities traded in a wide intra-month range following the US Presidential election and as global financial markets focused on the US fiscal cliff. The HFRI Fund Weighted Composite Index gained 0.35 per cent
The Citco Group of Companies, (Citco), a provider of asset servicing solutions to the global alternative investment industry, is partnering with S3 Partners, to integrate the data analytics firm’s BLACKLIGHT Treasury Management solution into its offering. S3 Partners’ real-time, independent
The Depository Trust & Clearing Corporation (DTCC) is planning to strengthen intraday settlement finality in the US financial markets by proposing the implementation of major structural changes in the settlement of equities, corporate debt and municipal debt securities over the
CAIS, the financial-technology solutions provider, has launched the CAIS Exchange, the first online alternative investment marketplace designed for the wealth management industry. The CAIS Exchange (CAIS-X) offers access to a broad menu of top-tier funds and products, independent due diligence
