Funds
The booming credit market has been one of the best beta trades for investors in the six years since the financial crisis. However, the ultra-loose monetary policy supporting this trend now appears to be turning.
That’s the view of Norman Milner, a manager of the newly-launched Neuberger Berman Global Credit Long/Short Fund.
“While credit quality in general remains historically robust among developed market corporate bond issuers, default rates are forecast to rise and higher interest rates could have an impact on flows in the market,” Milner says. “In an environment of tight spreads and even tighter liquidity, increased volatility in
Seward & Kissel has launched an online resource to assist investment advisers in complying with certain regulatory obligations.
The subscription-based service will provide access to Seward & Kissel’s model compliance manual, code of ethics, and guides to Form ADV Part 1 and 2. Subscribers to the annual service will also receive notifications when these documents are updated to help streamline their compliance efforts.
“We’re excited to offer this resource to SEC-registered investment advisors who continue to face increasing pressure to maximise their operating efficiencies while keeping costs low. We’re confident this platform can help them do just that,” says Robert
The value of investment fund business in Guernsey grew by GBP2.8 billion (1.28 per cent) during the first quarter of this year. It means the net asset value of all funds under management and administration in Guernsey now stands at GBP222.2 billion.
Statistics from the Guernsey Financial Services Commission (GFSC) also show that there were 25 new investment funds approved during the first quarter of 2015.
Dominic Wheatley, Chief Executive of Guernsey Finance – the promotional agency for the Island’s finance industry, says: “It is encouraging to see strong growth in the Guernsey funds sector at the start of this
Indus Valley Partners (IVP) has launched IVP Treasury and Treasury managed services, providing hedge funds with a single platform to manage the economics of their PB relationships (RoA) and overall portfolio financing needs.
IVP Treasury brings together best-in-class technology to help alternative asset managers track, control and optimize their treasury functions. Starting with automation and analytics as key focus areas, IVP Treasury helps funds to manage collateral and margin, automate cash management and wires, and hedge FX exposures across their portfolios.
“Asset managers need to take a 'holistic' approach to financing; incorporating long and short rates, credit lines, swaps
SYZ Asset Management, the asset management division of the SYZ Group, has launched OYSTER Multi-Asset ActiProtect, a new sub-fund of its Luxembourg SICAV (UCITS).
Managed internally by the Multi-Asset team, the fund offers dynamic multi-asset management that seeks to generate two-thirds of the performance of global equities over the medium to long term with only a third of their risk.
The fund invests throughout the world particularly through futures and index-based products by acquiring exposure to a wide range of assets, such as bonds, equities, currencies, gold and cash. The main innovation lies in dynamic management of the risk budget,
Preqin’s Real Estate Online features detailed profiles for more than 260 Switzerland-based institutional investors. Pension funds represent the majority (55%) of all Switzerland-based real estate investors; however due to Switzerland’s large private wealth industry, wealth managers and family offices make up over a quarter of investors.
Read the full factsheet here, containing more analysis alongside charts and tables featuring the latest Preqin data.
ClearBridge Investments, a specialist in Environmental, Social and Governance (ESG) investment, has launched the ClearBridge Sustainability Leaders Fund, the first ClearBridge ESG equity strategy to be offered in a mutual fund format.
The new fund enables shareholders to make an impact through responsible investments and access the ClearBridge team's more than two decades of ESG experience.
The ClearBridge Sustainability Leaders Fund takes a multi-cap approach that seeks financially attractive companies with demonstrated ESG leadership, as well as emerging opportunities. Reflecting ClearBridge's position on the forefront of ESG investing and commitment to long-term results through active management, the fund aims to
Managed futures traders lost 0.17 per cent in May according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 1.83 per cent year to date.
“Global interest rates pushed higher and created losses for managers that were positioned for lower rates, particularly in the European and Japanese markets,” says a spokesman for BarclayHedge.
Four of Barclay’s eight CTA indices lost ground in May. The Diversified Traders Index was down 0.62 per cent, and Systematic Traders gave up 0.42 per cent.
“Most managers continued to profit from the strength of the US Dollar against the Yen,
McKay Brothers International has chosen Interxion’s Central London data centre campus to deploy the lowest known latency connections between the City of London & Slough and the City of London & Frankfurt.
By colocating at the Interxion London Campus and cross connecting to McKay Brothers European network, trading firms and market makers can all equally benefit from microwave and millimetre wave links to key European Financial centres and thereby achieve better risk management and trading.
McKay Brothers is the leading low latency microwave network provider and already runs well-established US microwave networks between Illinois and New Jersey, as well
According to a survey released by Deutsche Bank in September 2014, ‘From Alternatives to Mainstream Part Two’, total assets managed by ’40 Act mutual funds reached a record high of USD257 billion by end-2013, representing over 60 per cent growth for the year. Through May 2014, that figure had grown a further 18 per cent to over USD300 billion.
There is no doubt that interest is building among European managers – traditional and alternative alike – to tap in to the massive USD17 trillion US regulated investment company market, but there are a number of considerations that need to be taken
