Managers
Natixis Global Asset Management has launched the ASG Dynamic Allocation Fund (DAAFX), a global asset allocation mutual fund managed by AlphaSimplex Group, LLC (AlphaSimplex).
The fund seeks to deliver long-term capital appreciation to investors looking for a tactical global asset allocation strategy.
“Building a durable investment portfolio has become even more challenging in a volatile market environment buffeted by global economic uncertainty,” says David Giunta (pictured), president and chief executive officer, at Natixis Global Asset Management, US Distribution. “To successfully diversify a portfolio of traditional stock and bond funds, investors need adaptive tools, such as the ASG Dynamic Allocation
Banking and payments technology specialist FIS has closed it s acquisition of SunGard, a financial software and technology services companies.
The acquisition will allow FIS to offer a broad range of enterprise banking and capital markets capabilities that will further empower the financial industry worldwide.
With complementary technology solutions and services encompassing retail and institutional (or wholesale) banking, payments, risk management, asset solutions and insurance, the combined company now has more than 55,000 employees and USD9.3 billion in revenue on a pro-forma basis.
“At FIS, we are driving innovative solutions and delivering high-quality client experiences that move our clients’
More than 150 individuals representing AIMA Canada member firms from across the country participated in annual wine-tasting receptions held in Toronto and Montreal respectively last week.
Sponsored by BMO Capital Markets, McMillan LLP and KPMG, the member appreciation receptions capped off a record year for AIMA Canada, which included some 60 social gatherings and content events, including regulatory updates and emerging managers’ series as well as the association’s first hedge fund conference, noted AIMA Canada Executive Director and BLG Partner Michael Burns.
“We have witnessed yet another extremely busy and successful year for AIMA Canada, with an increase in
Going into this week’s ECB meeting, Macro/ CTA strategies maintain large net short positions on the EURUSD cross, which are in line with expectations that the ECB will announce additional easing measures. Indeed, over the recent weeks, ECB officials have been pretty vocal about their intentions and this has contributed to the common currency being dragged close to 1.05 versus USD.
Deutsche Börse Cash Market: Deutsche Börse has introduced a new advanced version of its Xetra electronic trading system release 16.0, offering customers new matching functions specially designed for larger volume orders.
In addition hardware optimisation has furthermore led to an overall performance improvement and reduction in latency. 

“With the new Xetra Release we are supporting our customers from an early stage concerning the implementation of regulatory requirements resulting from the EU Markets in Financial Instruments Directive, MiFID II. We are furthermore increasing the attractiveness of on-exchange trading compared to OTC trading through new features such as the Volume Discovery Order,”
A new trading team has joined London-based specialist CTO Old Park Capital to launch the SI8 strategy from 1 December.
According to the firm, the SI8 strategy is a systematic trading model that generates uncorrelated high risk adjusted returns from daily volatility of markets and trades equities, rates, FX and commodities, and has been run by Shin Ikoshi and Paul Condon since October 2014.
Ikoshi has over 20 years’ capital markets experience, specialising in trading exchanged listed futures and options working for Mizuho Bank, UBS AG, Daiwa SMBC Capital and the Singapore based credit fund, Opus Europe.
Old
Agecroft Partners has acquired the business of Alta Via Advisors, a New York based hedge fund third party marketing boutique.
Alta Via Advisors’ client base will be migrated over to Agecroft Partners and Andrew Feldman, Alta Via’s founding principal will join Agecroft Partners’ team in a senior management role where he will be responsible for all European operations as well as parts of North American client coverage. He will also be responsible for helping the firm with hedge fund due diligence, creating hedge fund industry research white papers and helping guide the overall vision of the firm.
Andy Feldman brings
LME Clear, the clearing house for the London Metal Exchange (LME) market, has launched two new services – trade compression and the ability to post metals warrants as collateral.
“We are delighted to be offering these two new services,” says Trevor Spanner (pictured), CEO of LME Clear. “As a new clearing house, LME Clear is in a great position to innovate and keep pace with change, and the launch of these services shows LME Clear understands the unique and particular workings of our market.”
LME Clear is the first clearing house ever to accept warrants as collateral. Market participants
On 28 August 2015 Aberdeen Asset Management PLC launched a USD500 million liquid alternatives fund – the Aberdeen Alternative Strategies Fund – designed to give investors access to a portfolio of alternative strategies. At the time, Morningstar quoted Andrew McCaffery, global head of alternatives at Aberdeen as saying: "Alternative investment strategies are becoming increasingly central to client portfolios and moving into the mainstream. This is why we have seen such strong demand for this fund. Many investors are constrained by complexity, liquidity, transparency and regulation."
This follows Aberdeen's acquisition of leading fund-of-hedge-funds manager Arden Asset Management and is just one
For a fund jurisdiction that refers to itself as an ‘Innovation Nation’, the Bahamas continues to build its profile and popularity among global fund managers, and, it is hoped that the next stage of its evolution will be to attract more institutional money.
To underscore how innovation is having a tangible impact, the Bahamas is on track to exceed its previous high-water mark for fund registrations. With more than 800 funds, the island is back to pre-2008 levels and firmly on the rebound.
“2015 has been a good year, the number of fund registrations is growing faster than fund liquidations,”
