Funds
At the end of 2014, Preqin conducted surveys with hedge fund managers, investors and alternatives investment consultants around the world to ascertain their views on the hedge fund industry over the past year and their outlook for the year ahead. Selina Sy looks at the upcoming trends and developments these industry professionals have identified for hedge funds in 2015.
Institutional investor capital will continue to flow into the hedge fund industry in 2015
Hedge fund managers forecast that industry assets under management (AUM) are set to increase this year, and surpass the figure of $3.02tn reported in December 2014. Indeed,
Advent Capital Management is to launch a new UCITS regulated umbrella fund domiciled in Ireland, which will include the Advent Global Absolute Return Strategy, during the second quarter of 2015.
The UCITS fund marks the first alternatives product in Advent’s UCITS offerings and is an extension of Advent’s successful Global Opportunity Strategy. It will be co-managed by portfolio managers Odell Lambroza and Matthew Dundon.
Advent has built a seven-year track record in its global opportunities, relative value and event-driven focused hedge fund, positioning the Global Absolute Return Strategy to invest in similar opportunities across geographies, while complying with the UCITS
Man Group has reported an increase in funds under management (FUM) of 35% to USD72.9 billion for the year ended 31 December 2014.
Gross sales were also up by a similar percentage (36%) in 2014 to USD21.9 billion (2013: USD16.1 billion), while redemptions were down 6% to USD18.6 billion (2013: USD19.7 billion).
Manny Roman, Chief Executive Officer of Man, says: “2014 marked a year of progress for the Group with strong performance at AHL, a full year of net inflows, the completion of the restructuring programme ahead of schedule and several key acquisitions and hires that have materially enhanced our
Value Partners Group has selected The Charles River Investment Management Solution (Charles River IMS) for portfolio management, trading, compliance, and performance measurement and attribution.
Users will have a single, integrated platform to support investment management activities across the firm’s equities, fixed income, FX, and derivatives operations. Value Partners will also leverage Charles River’s day-to-day application management, compliance rule advisory service, and the broker-neutral Charles River Network for global electronic trading via FIX.
Value Partners will serve as a Charles River development partner, providing valuable feedback on local and regional requirements, such as Domestic Chinese A-shares and related derivatives.
“With Charles
Eze Castle Integration has launched its Hedge Fund Cybersecurity Educational Series to guide the hedge fund industry through the complex cybersecurity environment.
Core to the initiative is an online Hedge Fund Cybersecurity Information Center and a series of educational events.
The Information Center features videos, guidebooks and articles on the latest cybersecurity risks and best practices for implementing a proactive security posture.
To support the online information, Eze Castle Integration is hosting online and in-person events. The first event – a webinar took place 24 February, when Steve Schoener, SVP of client technology at Eze Castle Integration, discussed key insights
By Jasper Lawler, Market Analyst, CMC Markets – In a week that sees reports from major mining companies including BHP Billiton and Vale, Jasper Lawler looks at the outlook for copper given the recent sharp decline in prices and the action taken by the Chinese central bank.
Copper rebounded from five and a half year lows in February on the back of new stimulus measures in China and a bounce back in oil prices. In the first week of February copper recorded its biggest weekly gain since August but the price has flat-lined since on reduced Chinese demand in the
Offshore law firm Carey Olsen has expanded its global litigation offering with the launch of its British Virgin Islands (BVI) litigation and insolvency practice.
The firm established its BVI office in 2013 with an initial focus on international commercial transactions, investment funds and offshore structures.
The firm's new litigation practice will be under the leadership of experienced BVI solicitor advocate Ben Mays (pictured), who joins the firm as partner and head of BVI litigation.
Mays says: "Carey Olsen is a well-recognised and respected firm which has already demonstrated its commitment to the BVI market. Developing its BVI litigation practice
By Jasper Lawler, Market Analyst, CMC Markets – In a week that sees reports from major mining companies including BHP Billiton and Vale, Jasper Lawler looks at the outlook for copper given the recent sharp decline in prices and the action taken by the Chinese central bank.
Copper rebounded from five and a half year lows in February on the back of new stimulus measures in China and a bounce back in oil prices. In the first week of February copper recorded its biggest weekly gain since August but the price has flat-lined since on reduced Chinese demand in the
BIL Manage Invest (BMI) has selected Linedata Front Office Platform to manage the firm’s complete front-to-back asset management workflow across their full suite of investment funds.
With an increased emphasis on risk management in the industry, AIFM Directive and UCITS regulation continue to impose controls and transparency with the end goal of protecting the financial world against systemic risk. While many management companies seek comprehensive risk management around all aspects of their front-to-back activities, they also look to increase efficiencies, and provide added-value to their clients while keeping costs at an acceptable level. This is particularly true with funds under
Lanware, the rapidly growing cloud based outsourced technology service provider for investment management firms and financial institutions, has been awarded Cyber Essentials certification by CREST, the UK government approved accreditation body under the Cyber Essentials scheme.
The Cyber Essentials classification is a government-backed, industry supported scheme to help organisations protect themselves against common cyber-attacks. Lanware is amongst the foremost cyber security firms to receive this new accreditation.
Cyber Essentials defines a set of controls which, when properly implemented, will provide organisations with protection from the most prevalent forms of Cyber threats. In particular, it focuses on threats which require
