Funds
IndexIQ’s IQ Hedge Multi-Strategy Tracker ETF (QAI) has been named “Best 40 Act Liquid Alternatives Fund” for 2016 by the readership of Hedgeweek.
QAI, the oldest and largest liquid alternatives ETF, will mark its seventh anniversary in the marketplace on 25 March.
The announcement was made at the Hedgeweek Global Awards ceremony in London on 26 February. The shortlist of top performers was produced by Prequin, a leading source of data and intelligence for the alternative asset industry, and the final winners were voted on by Hedgeweek readers.
“At its launch, QAI created a whole new category of ETFs, giving
iCapital Network, a financial technology platform that provides the high-net-worth market with access to alternative investments, has acquired Credit Suisse’s HedgeFocus business.
The HedgeFocus portfolio contains more than 20 hedge fund access vehicles representing approximately USD1.8 billion in assets in a combination of event driven, multi-strategy, directional, relative value and tactical strategies run by well-established managers. With the transfer of assets, iCapital will be responsible for the ongoing administration and servicing of the investments for all existing investors as well as marketing, administration and servicing for new investors subscribing through iCapital.
“This acquisition is a natural extension of our business
Neuberger Berman has signed a partnership agreement with Italian private bank Fideuram – Intesa Sanpaolo Private Banking SpA. This partnership brings Neuberger Berman’s UCITS fund range to the Fideuram and Sanpaolo Invest networks.
Neuberger Berman’s comprehensive fund range will be made available to more than 5000 Fideuram and Sanpaolo Invest private bankers and consists of Ireland-domiciled funds investing in equities, fixed income and liquid alternative strategies.
“This is a key milestone in our strategy in Italy which is a very important market for us,” says Dik van Lomwel (pictured), Head of EMEA and LatAm at Neuberger Berman. He adds,
Eurex has introduced Euro STOXX 50 quanto futures as of 21 March 2016. The USD-denominated product allows investors to participate in the performance of the index without being subject to currency fluctuations between Euro and US dollar.
The new quanto futures will finally settle into the same level as the Euro STOXX 50 futures, which are the most liquid derivatives instruments in Europe, but with fees and margins being paid in US dollars. Currently, quanto risks coming from US dollar denominated structured products are primarily hedged by banks via OTC forwards.
“With the new quanto futures, Eurex will offer an
All investors are keen to hear where the next market opportunity lies or why a particular investment strategy is well suited to the prevailing economic wind, and this was no exception at the Amsterdam Investor Forum. During his opening address, Gildas Le Treut (pictured) asked the audience to vote on the following question: What alternative investment strategies do you see best performing in 2016?
The results were as follows:
• CTA ~ 32 per cent (even though this was the least performing strategy in 2015, returning -0.49 per cent);
• Multi-Strategy ~ 17 per cent (+4.14 per cent returns in 2015);
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For hedge fund investors, trying to enhance portfolios in the current low yield environment is a challenge. As such, strategy selection and risk management are key tools to provide end investors with diversified returns that both compliment their long-only allocations to traditional assets, and protect against whipsawing markets.
This topic was discussed in detail in a panel session moderated by Lukas Daalder, Executive Director, CIO Investment Solutions, Robeco, entitled "Enhancing portfolios in a low yield environment".
Daalder asked the audience to vote on how long low yields will last. Only 11 per cent of the audience felt it would be
Peter Agrimson has assumed an expanded role as co-portfolio manager for the Nuveen Multi-Market Income Fund (NYSE: JMM), effective 18 March, 2016.
Agrimson joins existing portfolio managers Jason O’Brien, Chris Neuharth and John Fruit. As a member of Nuveen Asset Management’s Securitized Debt team, Agrimson has been responsible for trading mortgage-backed securities, asset-backed securities and commercial mortgage-backed securities in JMM.
The objective of the fund is to provide high monthly income consistent with prudent risk to capital with exposure across multiple fixed income markets. The fund invests primarily in debt securities, including, but not limited to, US agency and privately
Following Fidante Partners’ acquisition of Dexion Capital Holdings Limited in July 2015, the combined business is rebranding as Fidante Partners.
The business will operate as Fidante Partners and Fidante Capital and comprises an international investment management business which is fully owned by Challenger Limited, an Australian securities exchange-listed company with a market capitalisation of AUD4.7 billion (USD3.6 billion) 2 and AUM of AUD57.6 billion (USD42.0 billion)1.
With funds under management of AUD41.6 billion (USD30.3 billion), Fidante Partners is an investment management company that partners with specialist asset management firms.1
Fidante Partners provides access to high quality products across
The SS&C GlobeOp Forward Redemption Indicator for March 2016 measured 4.26 per cent, up from 3.27 per cent in February.
"SS&C GlobeOp's Forward Redemption Indicator for March 2016 was 4.26 per cent, an increase from 3.27 per cent for February 2016. The 4.26 per cent for March 2016 was also an increase on a year over year basis compared to 3.91 per cent for March of 2015," says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. "This was the first year over year increase in the Forward Redemption Indicator in several months so it will be interesting to
Quantopian, the crowd-sourced quantitative investment firm, will launch in Australia this weekend with a series of outreach events for local practicing and aspirational quants.
Quantopian, which was founded in the US in 2011, provides an open platform where anyone can research, backtest, and execute their algorithmic strategies. The firm picks the best-performing algorithms and allocates capital to them. The algorithm authors are paid a percentage of profits earned by the algorithm, and retain the rights to it as their intellectual property. An Australian was among the first to receive an allocation from the firm for his algorithm in 2015.
In
