Funds
A new financial platform is aiming to bridge the gap between simple words and complex investment strategy. For the first time, investors and traders can write down their ideas which are then analysed, optimised, converted into investment strategies and executed on a chosen trading platform.
The platform sits on the trading page of a bank or broker and is accessible via a simple Google-like text entry field that reads written words and makes suggestions for more rounded instructions.
An investor might write a simple request ; “Buy 100 shares of Google at market price” or a much more complex
A total of 42 hedge fund deals were closed or announced globally in 2015, exceeding the 32 transactions that closed in 2014, according to the 4th edition of Madison Capital’s hedge fund industry M&A overview.
Additionally, 2015 transaction volume as measured by AUM was approximately 27% higher than 2014. Propelled by the wave of transactions in the fourth quarter of 2015, there are other key drivers creating deal momentum, positioning 2016 to be a record year in terms of hedge fund M&A transactions.
According to the report, hedge fund industry assets are at an all time high despite the
BIL Manage Invest, the third-party management company of the Banque Internationale à Luxembourg (BIL) Group has received approval from the CSSF_ to launch its Lux Multimanager SICAV, a hosted “rent-a-compartment” UCITS fund platform.
Lux Multimanager SICAV provides third-party investment managers, fund initiators and other fund promoters (managers) of investment funds with a fully UCITS-compliant umbrella fund platform within which they can manage a sub-fund (compartment) in accordance with their own investment strategies. BIL Manage Invest has appointed RBC Investor Services Bank SA in Luxembourg to provide custody, central administration and domiciliary services to the platform.
The managers are appointed
All managed futures indices posted positive returns in the first month of the year, with Societe Generale’s headline SG CTA Index leading performance. At 4.21 per cent this is the highest monthly return for the index since 2015’s opening month. Short-term traders also made significant gains, ending up 3.73 per cent.
The newly launched SG CTA Mutual Fund index made a strong start, completing its first live month up 2.64 per cent.
The SG Trend Indicator mirrored the gains of the SG Trend Index, ending up 2.35 per cent. Performance attribution from the Trend Indicator shows trend-followers benefitted from
David Lamb (pictured), head of dealing at the forex specialists FEXCO, on Mark Carney’s latest press conference…
Mark Carney's press conference revealed that he too gave up something for the New Year – forecasting interest rate rises.
Understandably the Governor chose not to mention the large amount of egg left on his face after the embarrassing ditching of his prediction – made last summer – that we would have greater clarity on interest rates at the start of 2016.
With UK inflation continuing to be dragged down by tumbling commodity prices, the prospect of an interest rate rises
Red Oak Capital Fund has launched a new private investment fund specialising in debt instruments collateralised by commercial income producing real estate.
Working with seasoned real estate investors and developers, Red Oak intends to expand its reach into the hard-money commercial lending arena for projects that are not typically serviced by traditional institutional lenders.
"There is a huge demand for short-term transitional financing in the commercial real estate market right now,” says Joe Elias (pictured), Senior Director with Red Oak. "Banks and institutional lenders have had their hands tied with red tape and can't be as flexible as they
The administration of the CBOE Volatility Index (VIX Index) is now in alignment with the Principles for Financial Benchmarks established by the International Organisation of Securities Commissions (IOSCO).
The VIX Index, calculated using real-time bids and offers of S&P 500 Index (SPX) options listed for trading on CBOE, is a recognised and accepted benchmark for futures and options trading under U.S. regulatory standards set by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC).
CBOE policies and procedures cover administration of the VIX Index, which CBOE believes has contributed greatly to the VIX Index being considered
Hedge funds posted mixed performance to begin 2016 as global financial markets plunged, driven by steep declines in oil and concerns regarding the global impact of the slowing Chinese economy, resulting in the worst start to a year for hedge funds since 2008.
The broad-based HFRI Fund Weighted Composite Index posted a decline of -1.7 per cent for January, bringing the Index Value to 12073.48, while the HFRI Asset Weighted Composite Index fell -1.2 per cent, according to data released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. Total
Babson Capital Management, the investment manager for Babson Capital Global Short Duration High Yield Fund, has agreed contractually to waive a portion of its management and other fees, equal to an annual rate of 0.275 per cent of the Fund's Managed Assets for a period of one year retroactively commencing on 1 January, 2016.
Such waived fees are not subject to recoupment from the Fund.
In addition, the Fund announced its monthly dividend for February 2016 of USD0.1534 per share, payable on 1 March, 2016. This amount represents a 5.0 per cent reduction from previous estimates and is based
Triad has joined the AIREX Market Partner (AMP) Program, a global service that gives companies their own turnkey, self-curated, and co-branded AIREX Markets.
AIREX Markets allow partners like Triad to offer their customers, clients, website traffic, and employees a large and growing assortment of financially actionable applications, information, and reports (Financial AIR).
Serving clients for 40 years, with domestic and international clearing in over 50 markets, Triad provides superior and personalised prime brokerage services to hedge funds of all sizes, family offices, RIAs, and professional traders. The deal with Airex offers the New York-based Triad and their global customer
