Funds
Information Publishing has acquired CapitalTrack, a data provider of Floating Rate information to the Fixed Income market.
“We are pleased to welcome the CapitalTrack clients, suppliers and team into the Information Publishing PLC family, and to be adding their first-class database – covering Floating Rate, Asset Backed and Structured Securities markets – to our expanding range of financial reference data products. This is the first of several acquisitions that we will be making to add to our datasets,” says Michael Kaufman, Chief Financial Officer, Information Publishing
CapitalTrack maintains the largest independent, on-line Repository of static and event-based operational data in
Net sales of UCITS and AIFs totalled EUR57 billion in September, down from EUR94 billion in August, according to the latest Investment Funds Industry Fact Sheet from the European Fund and Asset Management Association (EFAMA).
UCITS registered net sales of EUR40 billion, down from EUR69 billion in August. Long-term UCITS (UCITS excluding money market funds) recorded net sales of EUR53 billion, up from EUR44 billion in August, while net sales of equity funds totalled EUR16 billion, up from EUR5 billion in August, net sales of bond funds totalled EUR21 billion, slightly lower than EUR24 billion in August, and net sales of
Asset and wealth management consultancy Alpha FMC has launched a new Data Solutions division to bolster its digital consultancy offering.
The creation of the division is in response to growing demand from its clients for consulting advice and data services. This service will help to increase asset managers’ capability to manage data more strategically in order to reduce operational and compliance risks and capitalise on its data assets.
A sharp increase in data flowing across increasingly complex distribution chains has compounded the challenge of harmonising ‘messy’ data from diverse sources and formats. Accurate and granular data about investors’ activity
Mediobanca is to acquire a 69 per cent interest in RAM Active Investments (RAM AI), a Switzerland-based systematic investment manager.
RAM AI offers a range of actively managed and alternative systematic fundamental equity and tactical fixed-income funds to a wide array of institutional and professional investors. As of 31 October 2017, RAM AI had AuM of CHF4.9 billion across 14 funds.
RAM AI will maintain its organisational and operational independence, but the transaction will provide the firm with a reinforced institutional framework, a long-term seeding commitment to funds managed by the Company that will help foster innovation and research,
Aquila Capital is to evolve the investment process of its long-only multi-asset investment strategy to take into account the latest developments in quantitative finance and artificial intelligence.
To reflect these developments, the AC Risk Parity Fund has been renamed as the AC – Adaptive Diversification Fund (the ‘Fund’). The investment process includes an advanced range of indicators to measure market attractiveness, aiming to deliver stable returns largely independent of market cycles.
The Fund offers a dynamic approach to balancing risk, responding fast to increasingly challenging financial markets. It uses sophisticated quantitative techniques to continuously adjust exposure to a global
Triple Alpha, which is built on unique trading algorithms previously available only to hedge fund clients, is to launch an ICO and create a capital fund.
The company says that an algorithm for picking the best stocks combined with a unique market-neutral strategy will aim to provide investors with returns significantly higher than the market not only when the market is growing steadily, but also during financial crises.
Thanks to the use of an exchange-traded fund (ETF), investors around the world will be able to access Triple Alpha algorithms, regardless of the amount they are going to invest.
Blue Sky Alternative Investments’ hedge fund team has secured a new mandate for its flagship systematic global macro strategy, Dynamic Macro, via the Deutsche Bank platform, dbSelect.
Blue Sky, Australia’s only listed diversified alternative asset manager has AUD3.4 billion assets under management (AUM). The new mandate is from Equinox Funds, an innovator and leading provider in the alternative investments arena.
The Blue Sky Dynamic Macro strategy, trading since November 2007, aims to deliver a “crisis alpha” macro approach – protection for investors during periods of equity market stress, while avoiding the erosion of assets during recovery periods. This is
Hedge funds were up 1.28 per cent in October with 2017 year-to-date gains coming in at 6.99 per cent – roughly 77 per cent of fund managers are in positive territory year-to-date, while almost 32 per cent have posted double digit gains.
That’s according to the October 2017 Eurekahedge Report which reveals that total hedge fund assets grew by USD158.64 billion over the past ten months with USD85.4 billion attributed to investor inflows, while managers posted performance-based gains of USD73.2 billion. The industry’s total assets currently stand at USD2.38 trillion. Investors have been selective in their allocations across strategies with
Hedge funds recorded positive net asset inflows of USD19.2 billion in Q3 2017, bringing year-to-date net inflows to USD43.9 billion, according to Preqin.
Credit strategies and multi-strategy funds experienced the greatest net inflows of USD13.9 billion and USD13.3 billion, respectively, while equity strategies saw net inflows of USD1.3 billion in Q3, ending a run of six successive quarters of outflows. However, macro strategies, CTAs and relative value strategies all saw net outflows in Q3, and overall just 37 per cent of hedge funds saw net inflows in Q3, while 44 per cent saw net outflows.
The recent inflows combined
The SS&C GlobeOp Forward Redemption Indicator for November 2017 measured 3.91 per cent, up from 2.69 per cent in October.
“SS&C’s Forward Redemption Indicator continues to trend favourably on a year-over-year basis, coming in at 3.91 per cent for November 2017, compared to 4.25 per cent a year ago for November 2016. This marks the tenth consecutive month of year-over-year improvement in hedge fund redemption notices,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “These gains in asset retention demonstrate that investor confidence in hedge fund managers remains high.”
The SS&C GlobeOp Forward Redemption Indicator represents the sum of
