Funds
Singapore-based Silverdale Capital is implementing ClearStructure's front-to-back office portfolio management solution, Sentry PM, which is designed to help clients streamline operational workflows, increase investor transparency and lower total cost of ownership.
After experiencing rapid growth, Silverdale Capital was in need of a scalable and comprehensive portfolio management solution. Sanjay Guglani, CIO of Silverdale, says: "We reviewed a large number of solutions before deciding to partner with the ClearStructure team. ClearStructure's commitment to their clients shined through in the evaluation and selection process. Adopting Sentry PM allows us to put in place our strategy of demonstrating transparency at every step of
HSBC Securities Services, part of HSBC’s Global Banking and Markets business, has launched its Over-the-Counter (OTC) Clearing Collateral Service.
The service is designed to support clients in meeting the requirements of the G20 swap clearing reforms now extending into Europe and Asia, which place greater demand on buy-side firms to better manage and mobilise their collateral.
In Europe, the European Market Infrastructure Regulation places new obligations to clear OTC derivatives trades through a central counterparty. These obligations are due to come into effect for most investment management firms in December 2016. In Asia, similar obligations apply or are due to
Tages Capital, in partnership with Fore Research & Management, has launched the Tages Fore UCITS Fund, a global credit long/short fund which will form the first sub-fund of Tages International Funds SICAV.
The UCITS-compliant umbrella fund structure is domiciled in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier (CSSF).
Jamie Kermisch, CEO of Tages Capital says: “Tages is delighted to be partnering with Fore Research & Management who we have been invested with for many years and who we consider to be one of the premier fund managers specialised in long/short credit strategies. Fore Research offers a
CME Group is expanding its base metals offering with the introduction of a new Aluminum A380 Alloy (S&P Global Platts) futures contract, which will begin trading on 6 June, 2016.
Pending relevant regulatory review periods, the new contract will be available for trading on CME Globex, for submission for clearing through CME ClearPort, and will be listed with and subject to the rules and regulations of COMEX.
"This new contract will provide our customers and market participants with an effective and transparent solution for hedging aluminum alloy price risk," says Young-Jin Chang, CME Group Executive Director of Metals Products. "Aluminum
Guernsey’s new Manager Led Product (MLP) was warmly received by a London funds audience when it was launched at the Guernsey Funds Forum last week [12 May].
Nearly 500 delegates attended the annual funds conference, which this year saw Luke Johnson, Chairman of private equity house Risk Capital Partners and former Chairman of Channel 4 Television, appear as keynote speaker. The event, entitled ‘The new scope – investor perspectives, innovation and success’, was moderated by ITV News anchor Alastair Stewart OBE, and took place at etc. venues, 155 Bishopsgate, London.
Guernsey Finance Chief Executive Dominic Wheatley (pictured) said the annual
Agecroft Partners’ Don Steinbrugge (pictured) discussed a number of recent hedge fund industry media quotes and articles in a presentation delivered at the 69th CFA Institute Annual Conference held on 9 May, 2016 in Montreal.
Presentation included the following comments:
Third Point Capital CEO Dan Loeb thinks hedge funds are in the first stage of a “washout” after “catastrophic” performance this year.
The HFRI Fund Weighted Composite Index posted a decline of -0.67 per cent in Q1 of this year, which on the surface isn’t that bad. Upon closer examination, this moderate decline is hiding the vastly different
The hitherto opaque alternative investment funds (AIFs) industry has been making significant strides towards transparency, driven largely by the demands of institutional investors and global regulators, who want to see AIFs deliver clarity and accuracy in their trading and investor reporting methods.
This is good news for an industry that is growing in size and scale globally and going retail with liquid alternatives. But how are AIFS set up in the first place? How do traders and prop desk alumni take the first the steps to setting up their own AIFs in the transparent and correct format required by investors
Alpine Select has requested an Extraordinary Shareholders’ Meeting for ALTIN AG over the distribution of a special dividend.
Alpine Select currently holds directly and indirectly 58.5 per cent of ALTIN shares. According to the motion submitted, shareholders are asked to decide at the meeting on a cash distribution in the total amount of CHF 4.00 per registered ALTIN share. The total distribution of CHF24 per registered ALTIN share is – according to the relevant shareholder request – to be executed by means of a capital reduction by repayment of par value in the amount of CHF16.97 per share and by
Saemor Capital’s Europe Alpha Fund lost 2.6 per cent in April, bringing the YTD performance to -10.6 per cent. Most of the losses came from strong performances in the fund’s short book.
As equity markets and commodity prices continued their rebound, market participants favoured higher risk and lower quality names, essentially the laggards of last year. Cyclical Value saw strong positive returns, while most other factors in our model suffered.
Price momentum, profitability, growth and stability were particularly weak, while earnings momentum also displayed a negative pay-off.
The picture was very similar to that of February and March, with the
Marex Spectron, the global commodities broker, has launched Nanolytics Capital Advisors, a business focused on developing alternative investment products based on Marex Spectron’s Nanolytics models.
Nanolytics was initially developed to meet the challenges in commodity markets that arose from the growth of High Frequency Trading (HFT). Utilising Marex Spectron’s institutional-scale infrastructure and systems, Nanolytics algorithms process billions of publicly-available data points, covering multiple commodity markets, to exclude the effect of HFT trades and deliver insights into the underlying demand-supply balances that signals likely future price movements (alpha signals).
Since March 2014, these alpha signals have formed the basis for
