Funds
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds, has been named as an Elite Services Provider (ESP) on 2015 CRN Managed Service Provider (MSP) 500 list.
This annual list distinguishes the top technology providers and consultants in North America whose leading approach to managed services enables their customers to improve operational efficiencies, elicit greater value from their IT investments and successfully leverage technology to achieve greater competitive advantage.
In today’s world of outsourced IT, the expertise of MSPs has become increasingly important to organisations. The plethora of choices in terms of consumption
SS&C Technologies Holdings has completed completion of Annex IV filing for over 50 Alternative Investment Fund Managers (AIFMs) and 300 Alternative Investment Funds (AIFs).
SS&C GlobeOp filed with multiple Nationally Competent Authorities (NCAs) across Europe, including the key jurisdictions of Luxembourg, Ireland and the United Kingdom.
“We use extensive regulatory reporting expertise and infrastructure to help customers overcome the immense challenges of data aggregation, jurisdictional differences, complex calculations and short time periods,” says Michael Megaw, Managing Director, Regulatory Solutions Group. “This approach has given our clients the ability to meet their Annex IV deadlines without significant drain on internal
Alceda has extended its strategic partnership with MM Warburg Group (Warburg). Moving forward, Warburg will act as preferred partner for the administration and custody of Alceda’s funds.
Alceda provides independent consulting and structuring services for traditional and alternative investment strategies and offers state-of-the-art consulting, financing and investment solutions for real asset investments. The spectrum of services for asset managers and institutional investors ranges from developing investment solutions for traditional investment strategies to complex strategies using alternative investments and the re-domiciling of funds.
Alceda is licensed as an alternative investment fund manager (AIFM) in Luxembourg and Germany and as a
Societe Generale Prime Services – formerly Newedge – has acquired a minority stake in Global Markets Exchange Group International (GMEX Group).
Following the investment by Deutsche Börse Group AG, Societe Generale becomes the second minority investor in GMEX Group and plans to provide execution and clearing services for clients trading on the exchange.
“The GMEX Group offers genuinely new ways to trade Interest Rates via their unique and versatile Constant Maturity Futures product,” says David Escoffier, Deputy Head of Global Markets for Societe Generale Corporate & Investment Banking and CEO at Newedge. “That's exciting for our clients as they
The number of digital media teams with more than 10 employees jumped by 15.5% in 2014 compared with the previous year, according to Cerulli Associates.
This increase suggests that managers are reacting to the latest technological trends by hiring specialised people, rather than pre-empting the changes by training existing staff to deal with the advances.
A total of 79% of managers expect digital media headcount to climb further-an increase of more than 50% on those polled the previous year. Only 21% of managers expect to keep their resources at the same level.
Company websites are the top digital media channel
Recent research by the Institutional Limited Partners Association (ILPA) has highlighted growing discontent with the implementation of the Alternative Investment Fund Managers Directive (AIFMD) within the European Union (EU). Though the legislation set out to enhance oversight and standardise regulation across the EU, a significant majority of Europe-based investors feel they have been directly disadvantaged as a result, citing reduced international competitiveness as a key concern. In November 2014, Preqin conducted similar research, surveying 260 private equity and venture capital fund managers; 27% of respondents believed regulation to be the biggest challenge they face in 2015.
Preqin’s Fund Manager Profiles
Euronext has signed a license agreement with the Johannesburg Stock Exchange (JSE) providing the JSE with the right to list the flagship Milling Wheat contract currently traded on Euronext.
The aim of the agreement is to extend access to the global benchmark Milling Wheat contract by broadening its international exposure to a wider audience.
In this context, through partnering with the largest exchange in the region, the agreement also extends Euronext’s reach into Africa, which according to International Monetary Fund forecasts, will be the world’s second fastest-growing region next year, expanding 5.75 per cent.
The license agreement
In the context of the release of the inflation report on Feb 12th, the BoE decided to remove the effective 0.5% floor for its benchmark interest rate. The December inflation figure, at 0.5% yoy, was actually the lowest number registered in the past 15 years. Against this backdrop, hedge funds have increased their short positioning on the GBPUSD over the last three months.
Towers Watson’s institutional investment clients allocated over USD8bn to smart beta strategies in 2014, bringing the total exposure to around USD40bn (in 550 portfolios), across a range of asset classes.
This compares to its clients having a USD32bn exposure to smart beta strategies at the end of 2013 and USD20bn in 2012, according to the company’s global investment manager selection data.
Luba Nikulina, global head of manager research at Towers Watson, says: “Interest in thinking smartly about betas within portfolios remains high but there is a considerable degree of caution about the proliferation of products labelled “smart beta”. We
Eurex Exchange has enhanced its dividend derivatives product suite with the launch of 31 new single stock dividend futures in two phases.
Since 26 January, 17 new single stock dividend futures based on German, French, Dutch and Italian companies have been available. Additionally, 14 new contracts based on British and Swiss stocks have been tradable since 2 February. The majority of the companies are mid-cap firms operating in 11 countries with a track record of sizeable dividend payments, which can be hedged with listed derivatives contracts including central clearing. The latest extension increases the total number of single stock dividend
