Funds
Lyxor Asset Management (Lyxor) and Koris International (Koris) have launched a Dynamic Core-Satellite (DCS) alternative multimanager strategy, underpinned by the DCS model devised by Koris.
Koris will act as investment advisor, while Lyxor will manage the weekly liquidity, AIFMD-compliant strategy.
The investment strategy aims to achieve long-term capital growth while limiting drawdowns in adverse market conditions. Specifically focused on the long-short equity segment, it uses a dynamic and innovative Core-Satellite approach. The Core strategy seeks to generate stable returns within a limited volatility by investing in a selection of managed accounts and alternative UCITS. Alternatively, the Satellite strategy aims
Shifts in regulation and changes in attitudes towards reputation are prompting a rise in the inward migration of alternative fund managers to Jersey, delegates at a major annual funds conference have heard.
Discussing trends within the alternative fund space, panellists at this year’s Jersey Finance London Funds Conference agreed that a growing focus on governance, substance and reputation was presenting opportunities for Jersey to affirm itself as a major centre for fund management as well as fund servicing.
The net asset value of funds under administration in Jersey grew over the final quarter of last year to stand at
Market participants have eliminated more than USD750 trillion in notional principal outstanding using triReduce, TriOptima’s risk-constrained, multilateral compression service for OTC derivatives, established in 2003.
Since launch, more than 210 financial institutions worldwide have participated in this significant risk-reducing achievement which includes compression across a broad spectrum of products: cleared and uncleared interest rate products in 27 currencies, credit default swaps, commodity swaps, inflation swaps, cross currency swaps, and FX forwards.
Currently TriOptima delivers triReduce compression for cleared trades in collaboration with leading clearinghouses (CCPs) around the globe. TriOptima also offers triReduce to CLS members for FX forwards.

Reducing
SS&C Technologies Holdings has completed the acquisition of Citi's Alternative Investor Services Business, a provider of hedge fund and private equity fund administration services. SS&C acquired the business unit from Citi for approximately USD321 million.
Citi's Alternative Investor Services Business is a top 10 fund administrator and through the acquisition SS&C will add more than 1,400 staff across 13 offices, 265 customers, and approximately $395 billion in assets under administration. The acquired Alternative Investor Services Business group will operate as a business unit within SS&C GlobeOp and continue to be led by its current leaders, Mike Sleightholme on hedge fund
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for February 2016 measured -0.95 per cent, while hedge fund flows, as measured by the SS&C GlobeOp Capital Movement Index, advanced 0.82 per cent in March.
“Hedge funds benefited from strong net capital flows this past month with SS&C GlobeOp’s Capital Movement Index advancing 0.82%, up from a gain of 0.59% for February 2016,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “The 0.82% for March 2016 also reflected a year-over-year improvement from 0.63% for March of 2015. The March data continued the trend of recent
The hedge fund industry produced an aggregate return of 0.25 per cent in February 2016, according to eVestment’s latest Hedge Fund Performance report, with gains driven by returns from managed futures funds, despite continued losses from managers targeting credit opportunities.
The slight gain halted the overall industry’s three consecutive months of performance declines. 

A little more than half the industry produced positive results in February, a large improvement over January when only 28 per cent of funds produced positive returns. Interestingly, the average positive return in February was very similar to January (+2.68 per cent, +2.57 per cent), but average
Collins Capital’s Long/Short Credit Fund (CCLIX/CLCAX), a mutual fund offering a true long/short credit strategy that dynamically adjusts exposure throughout the credit cycle, has passed its one year anniversary.
"We are very pleased with how well the Fund protected capital for clients and outperformed during this tumultuous fixed income environment," says Dorothy Weaver, Co-Founder, Chief Executive Officer and Chief Investment Officer of Collins Capital. "After years of wide open credit markets, suppressed volatility, low interest rates, and the tide essentially lifting all boats, the high yield market has quickly reversed course and we are finally starting to see fundamentals matter
The Lyxor Hedge Fund Index was down 0.9 per cent in February, with just three out of the 11 Lyxor sub-indices ending the month in positive territory, according to Lyxor’s latest Alternative Investment Industry Barometer.
The Lyxor CTA Long Term Index (+2.2 per cent), the Lyxor Merger Arbitrage Index (+0.5 per cent), and the Lyxor LS Equity Long Bias Index (+0.4 per cent) were the best performers.
The rally by mid-February triggered multiple macro and sector rotations. The selling pressure exhausted by mid-month. The rally in risky assets unfolded in poor trading volumes as most market players were initially
ICAP Global Broking has expanded its electronic capabilities with the launch of TrueQuote, a new portal for buy side clients. The portal, which will offer a number of multi asset class solutions over the coming months, launches with its first fixed income solution, CrossTrade.
Working in partnership with fixed-income data provider, Interactive Data, CrossTrade is a workflow efficiency tool which enables buy side customers to execute cross trades at an independently determined mid-price. The first solution of its kind, CrossTrade will bring transparency, efficiency and standardisation to the execution of cross trades.
Due to the changing regulatory environment, it
Silva Venture Group has launched the Analyst's Arena, a mock portfolio competition designed to recruit new hedge fund analysts.
In the hedge fund world, fund analysts are responsible for producing critical analyses that fund managers use to make multi-million dollar decisions for the portfolio’s positions. With this level of responsibility, hiring the perfect fund analyst is crucial to the success of the fund. The problem that funds run into is in sifting through the thousands of resumes they receive to find the perfect fund analyst; the proverbial needle in the haystack.
“The idea for the Analyst’s Arena just made
