Managers
Global advisory, corporate development and executive search firm Jensen Partners has aligned with Context Capital Partners LP to launch Context Jensen Partners.
The new company will strategically address the obstacles faced by alternative asset managers who are focused on growing assets in an increasingly competitive fundraising environment.
Context Capital Partners (Context), a seeding firm focused on alternative investment strategies, is now a stakeholder in Jensen Partners (Jensen), which combines a customised, scientific approach with the proprietary 360° Investor Referencing Methodology and advanced behavioural analytics to source and recruit leading capital-raising executives and provide strategic consulting services for clients. This
MUFG Investor Services has secured all regulatory approvals for its acquisition of UBS Asset Management’s Alternative Fund Services (AFS) business and the acquisition has closed.
The deal forms part of MUFG Investor Services’ strategy to build a global industry-leading fund administrator. The AFS acquisition raises MUFG Investor Services’ total assets under administration to USD266 billion across 2,300 funds.
Junichi Okamoto, Group Head of Trust Assets Business Group, Deputy President, Mitsubishi UFJ Trust and Banking Corporation says: “AFS is a strategic addition to our business and demonstrates our commitment and ambitions within the fund administration industry. MUFG Investor Services is
Brokerage firm Triad Securities is expanding its managed suites offering by adding an area of 7,500 square feet meant exclusively for hedge fund managers.
Located in the historic Trinity Building at 111 Broadway in the Wall Street area, Triad Securities currently occupies 22,500 square feet of space and will be introducing custom suites that range from 1,000 to 5,000 square feet, at a rate which will be much more affordable than standard office space.
"Manhattan asking rents are up 10 per cent in the last 12 months and our start-up hedge fund clients have always had difficulty leasing relatively
Around half of hedge fund firms intend to launch a new hedge fund by the end of next year and most are reporting rising assets, according to a global survey by PwC and the Alternative Investment Management Association (AIMA).
The report, ‘Distribution Disrupted – A Spotlight On Alternatives’, assesses the impact of regulatory reforms and changed investor behaviour on hedge fund distribution models and capital-raising efforts.
The survey of fund managers worldwide found 61 per cent reported rising assets in their hedge funds, while more than 80 per cent of firms that have liquid alternatives funds said those products
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for November 2015 measured 0.21 per cent. Hedge fund flows meanwhile, as measured by the SS&C GlobeOp Capital Movement Index, advanced 0.83 per cent in December.
"SS&C GlobeOp's Capital Movement Index of 0.83 per cent for December 2015 was closely in line with the previous 0.89 per cent for November 2015, a strong result when seasonality is considered," says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. "In fact, December of 2015 was actually the largest gain for the Index in the month of December since 2011.
CME Group, the world's leading and most diverse derivatives marketplace, announced today that
One million contracts have now been traded on CME Group’s London-based derivatives exchange, CME Europe, which launched in April 2014. The total volume of contracts traded since launch stood at 1,002,497 as of 10 December 2015.
CME Europe's growth has been broadly driven across its product range in FX, energy and agricultural commodities futures contracts. This includes the award winning, euro-denominated, physically delivered cocoa futures contract launched in May 2015.
Cees Vermaas (pictured), CEO of CME Europe, says: "CME Europe has established itself in the European
The choppy waters of 2015 have proved challenging for active hedge fund managers. Both equities and global bonds are down this year to date as measured by the MSCI World index and the Barclays Global Aggregate Bond index in US dollar terms.
Should investors expect 2016 to be more rewarding? GAM expects to see opportunities but not without risk.
“It is instructive to consider that in 2015, although performance has been below target for many active managers, the main themes we expected to see have in fact played out,” says Anthony Lawler, portfolio manager at GAM. “The US dollar
Fixed income specialist BlueBay Asset Management (BlueBay) has successfully completed the implementation of SimCorp Dimension. The system now supports BlueBay's middle and back office operations across the entire investment book.
Over the past six years, BlueBay has doubled in size, both in terms of assets under management and the number of investment strategies it manages. The firm manages assets of approximately USD58 billion and continues to grow, thus requiring a system that enables a high degree of automation and scalability.
With SimCorp Dimension, BlueBay is able to handle its diverse range of asset classes, focused on fixed income and
AX Trading has launched the AX Trading Network, a new electronic trading network (ETN) that allows institutional traders to target and trade with selected counterparties in a secure environment.
"We live in a networked world," says AX CEO George O'Krepkie. "We can connect with people around the world. We can share memories, photos and music. But we don't really have a true 'network' to trade securities…until now. We are changing the way traders connect."
As an ETN, AX is all about buyside trader access to liquidity, price discovery and control of order information. AX aims to address many current