Managers
Hedge Connection has joined the Airex Market Partner (AMP) Program, a global service that gives companies their own customised, curated, and co-branded AIREX Markets.
These AMP markets allow partners like Hedge Connection to offer their customers, clients, website traffic, and employees a large and growing assortment of financially actionable applications, information, and reports (Financial AIR).
Hedge Connection is a platform that connects hedge funds and investors online and through events. The new partnership allows Hedge Connection to provide an entire turnkey marketplace of Financial AIR to its thousands of members through its website, alongside its huge hedge fund database and
Chiron Investment Management has launched the Chiron Capital Allocation Fund (CCAPX) and broadened its distribution team with three additional hires.
Chiron Capital Allocation Fund is managed by Ryan Caldwell, Co-founder, Chief Investment Officer and Lead Portfolio Manager, Grant Sarris, CFA, Portfolio Manager, and Brian Cho, CFA, Portfolio Manager, who collectively have over 70 years of investment experience. The Chiron Capital Allocation Fund competes in the World Allocation category with an objective to seek total return, which consists of capital growth and income; the Fund seeks to generate attractive risk-adjusted returns for its investors.
Chiron was founded in July 2015,
Wells Fargo, Cowen Group and Conifer Financial have joined the growing list of users on AltX, an intelligence platform for the hedge fund industry.
AltX, created to improve data analytics in the hedge fund market and the way these analytics are accessed, increases efficiencies around how this intelligence is used and shared by investment banks, asset managers and other asset allocators, and service providers to the hedge fund industry.
AltX insights include detailed intelligence on positions, leverage ratios, network graphing, news and events associated with funds updated in real-time, as well as access to regulatory documents including ADVs, 13fs
Tradition, one of the world’s largest interdealer brokers in commodity and financial products, has completed its first hybrid OTC/cleared Turkish power deals. The deals were cleared on VIOP, the Turkish Derivatives Exchange of Borsa Istanbul.
The trades consisted of two deals of 10MW Jan16 + Feb16 Baseload in Turkey at 162,70TL.
Tradition offers the full spectrum of OTC energy and energy-related physical and derivative products, including electricity, natural gas, crude oil and refined products, coal, environmental products, weather derivatives and exchange-traded futures and options.
Jason Curtis (pictured), Manager, CEE, SEE and Turkish Power at Tradition, says: “We at
Crescent Capital Group has held the final close of the Crescent European Specialty Lending Fund with more than EUR500 million of investor commitments, bringing the total deployable capital available to the strategy to approximately EUR650 million.
Since October 2014, the fund has committed approximately one-third of its capital across several investments.
“I am pleased with the growth of our European strategy both in terms of the significant capital we now have available as a result of this fundraise as well as the success of the transactions we have already closed in this fund,” says Christine Vanden Beukel (pictured), Managing
MarketAxess has reported total monthly trading volume for November 2015 of USD81.7 billion, consisting of USD47.2 billion in US high-grade volume, USD28.9 billion in other credit volume, and USD5.6 billion in liquid products volume.
MarketAxess is providing both the reported and adjusted estimated US high-grade TRACE volumes on its website. The Company believes that the adjusted estimated volumes provide a more accurate comparison to prior period reporting.
MarketAxess Holdings, operates an electronic trading platform for fixed-income securities, and is a provider of market data and post-trade services for the global fixed-income markets,
The FIX Protocol will now support higher time stamp resolution to enable market participants to be MiFID II compliant.
FIX formed the Clock Synchronisation Working Group in June 2015 to look at regulatory technical standard (RTS) on Clock Synchronisation as defined by ESMA and the practicalities of implementation. Within this RTS, there are requirements to communicate time stamps of certain events with granularities of one microsecond. Those with the obligation to report with this level of granularity include certain execution venues, banks and buy-side customers. The FIX Working Group is comprised of these different market participants plus members of the
All six of Market Vectors Index Solutions (MVIS) six investable Long/Short Equity Indices reocrded positive performance in November.
Each index is constructed using transparent, liquid ETFs and US Treasury securities to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption restrictions.
The Market Vectors Asia (Developed) Long/Short Equity Index led the way with a return of 1.21 per cent for the month followed by Market Vectors Global Event Long/Short Equity Index (0.71 per cent), the Market Vectors Asia (Developed) Long/Short Equity Index 0.14 per cent), and the Market Vectors Emerging Markets Long/Short Equity Index (0.13 per cent).
The
2015 has been a challenging year for CTAs, as commodity market volatility has proved difficult to navigate; especially for systematic CTAs, which are down -1.48 per cent through the calendar year (up to end of October). According to alternative funds research provider Preqin, CTAs are down -0.39 per cent YTD and Fund of Fund CTAs are down -6.18 per cent. By contrast, the average hedge fund this year is up +2.45 per cent.
Not that this is put investors off when it comes to incorporating CTAs into their portfolio; as Preqin’s Hedge Fund Spotlight for November shows, the number of
STOXX Ltd is a global index provider, currently calculating a global index family of over 7,000 rules-based and transparent indices. STOXX indices are licensed to more than 500 companies globally. Three of Europe's top ETFs and approximately 25 per cent of all AUM are based on STOXX indices. STOXX offers a wide range of smart-beta indices, one of the most recent additions being the introduction of the STOXX True Exposure index family (STOXX TRU), designed to help investors realign their portfolios.
STOXX TRU Indices work by giving investors the opportunity, when selecting investments in different regions or countries, to optimise