Managers
Standard & Poor’s, the financial research, ratings and indices group, has launched the S&P Hedge Fund Index and three style sub-indices.
The S&P Hedge Fund Index comprises 40 funds representing nine distinct hedge fund investment strategies grouped into three broad style categories-Arbitrage, Event-Driven and Directional/Tactical.
S&P said its Hedge Fund Index "is designed to be investable and representative of the broad-based investment experience of the hedge fund marketplace. The index is equal weighted to ensure well-rounded representation of hedge fund investment approaches and to avoid over-representation of strategies that are in favor at the time".
The calculation of daily values
London-based Beauchamp Financial Technology (BFT), this week launched OrderManager, its software programme for fund managers.
OrderMana
Dresdner Kleinwort Wasserstein (DrKW) has launched its initial warrants product range to coincide with the new UK Covered Warrants market, which will be launched by the Lond
Fortis has made a series of appointments to its fund services and prime brokerage divisions.
In New York, Michael J.
London-based IKOS Partners today announced that it has restructured its family of funds and listed several of its funds on the Irish Stock Exchange to make them more accessi
Investors have profited from allocating to passive funds and seeing both bonds and equities rise in an extended low volatility environment but there is currently too much complacency in the market and too much of myopic short-termism. That is the prevailing view of Michael Ho, Senior Managing Director of SSgA and Chief Investment Officer for Active Emerging Market Equities and global macro strategies.
Ho points to two main lessons that investors have had to learn in 2014.
The first relates to the widespread consensus at the start of the year among brokerage houses and economists that the US 10-year Treasury yield
Volatile markets are undoubtedly challenging but can also provide investors valuable opportunities and insights. Take the current sell-off as an example: for the first time in over a decade investors are able to compare various asset managers and their strategies against the backdrop of a recessionary environment, which in turn can lead to better-informed investor capital allocations in the future.
