Funds
TFG Financial Systems, the financial software company specialising in portfolio management systems for hedge funds and banks, has enhanced its flagship TFG Complete product with an “on demand risk” capability.
The enhancement supplements TFG’s existing real time risk analytics for multi-asset portfolios, and delivers significantly more capabilities to risk managers than the industry standard offerings.
The on demand service is available via its SaaS (software as a service) platform at significantly lower cost than many of the offerings currently on the market. The SaaS format lets customers take advantage of TFG’s highly sophisticated infrastructure, optimised pricing models and low cost
Eze Castle Integration has expanded its cybersecurity portfolio with the launch of its Eze Managed Phishing & Cybersecurity Training Service.
Created for the investment industry, the fully managed service combines simulated phishing attacks with online training and reporting to increase security awareness and actively change employees’ cyber behaviours.
Cyberattacks against investment management firms are constant and hackers’ techniques are more sophisticated than ever. Employees are often one of a firm’s weakest links. Eze Phishing & Training helps solve this by exposing employees to safe, controlled phishing simulations and ‘in-the-moment’ security education. Beyond being tested, employees can participate in curriculum-based
Managed futures traders lost 0.68 per cent in May according to the Barclay CTA Index compiled by BarclayHedge. The Index remains up 0.21 per cent year to date.
“Profitable trading in energy, equity indices, and interest rates were not enough to overcome losses from trend reversals in the US Dollar and metals for traders with longer-term time horizons,” says Sol Waksman (pictured), founder and president of BarclayHedge.
The Diversified Traders Index gave up 1.48 per cent in May, Systematic Traders lost 1.02 per cent, while Financial/Metals Traders broke even.
Four of Barclay’s eight CTA indices did have positive returns in
ThinkForex, a leading multi-asset provider of global derivatives trading will be increasing its margin requirements for sterling denominated currency contracts in anticipation of increased volatility during the UK’s vote on its relationship with the European Union.
The EU referendum will take place on the 23 of June 2016 and is expected to impact global financial markets such as the pound and FTSE 100. The London-based broker has reported that it will increase margins on all GBP crosses and the UK stock index to 5 per cent.
Nauman Anees CEO and co-founder of ThinkForex, says: “Back in January the decision of
Hedge fund liquidations declined narrowly to begin 2016 after rising sharply to conclude 2015, as investors positioned for macroeconomic volatility in Q2 2016, including Brexit and possible interest rate increases by the US Federal Reserve.
The number of liquidations dropped to 291 in Q1 2016, falling from 305 closures in the prior quarter but still representing a sharp year-over-year increase from the 217 liquidations in 1Q15, according to the latest HFR Market Microstructure Report, released today by HFR. New hedge fund launches totalled 206 in the first quarter, up from 183 the prior quarter, but a decline from the 264
Changes in the way that client relationships are managed, investment management brands are built and assets are raised and retained are reflected in a new guide for investor relations professionals by the Alternative Investment Management Association (AIMA).
The release of the AIMA Guide to Sound Practices for Investor Relations comes at a time of tremendous change in investor relations (IR) at alternative asset management firms globally.
Investors and fund managers are increasingly entering into partnerships with one another, founded on principles of increased transparency, customisation and co-investment. These trends have led to an evolution in the remit of IR
Calastone, the global funds transaction network, is hosting the sixth annual Funds Industry Football Charity Shield in aid of Make-A-Wish UK, the charity that grants magical wishes to enrich the lives of children and young people fighting life-threatening conditions.
The football tournament continues to be a highly anticipated fixture in the UK funds industry calendar.
In the six years that Calastone has held the Charity Shield, it has raised over GBP60,000 for very worthwhile causes. The 2016 tournament, scheduled to take place on Thursday 23 June in Shoreditch, London, opens up the competition once more.
This year, more than
Palmer Square Capital Management, an investment management firm that provides structured credit, corporate credit and hedge fund strategies such as long/short credit to a wide range of investors, has closed on its seventh Collateralised Loan Obligation (CLO).
Palmer Square has been a pioneer in structuring and executing on static pool CLO transactions. The firm closed its first static CLO transaction, on 16 January, 2016 and its second static CLO transaction on June 8, 2016. In total, the transactions amounted to USD400 million in issuance. JPMorgan Securities acted as lead arranger on both transactions. Similar to Palmer Square's five recent transactions,
With one week to go until the UK referendum on membership of the EU, Hermann Beythan, partner at law firm Linklaters, is warning that Brexit could push up costs for hedge funds.
“If the UK were to exit the EU, there will be an impediment for the export of fund services and products whilst the costs to operate and distribute fund shares would increase materially,” says Beythan.
One of the main issues is around ‘fund passporting’ – at the moment through a UCITS passport, UK funds can be sold directly to European investors.
“Under Brexit, a UK fund would have
Hedge funds gained 0.78 per cent in May, its third consecutive positive month, according to the Barclay Hedge Fund Index compiled by BarclayHedge. Year to date, the Index is up 0.85 per cent.
Sixteen of Barclay’s 18 hedge fund indices had gains in May. The Technology Index was up 2.74 per cent, Distressed Securities gained 2.14 per cent, Healthcare and Biotechnology was up 2.30 per cent, European Equities gained 1.65 per cent, and the Equity Long Bias Index added 1.21 per cent.
“Good news on the US economic front helped push the S&P 500 Total Return Index to a 1.80
