Managers
Cordium has launched a new electronic communications review service designed to monitor the emails, instant messages and other office communications of broker dealers and registered investment advisers to meet various regulatory and compliance requirements.
The review process, which will be tailored to the requirements of individual users, will include an independent and confidential assessment without bias or complication of internal employee relationships, as well as specific search parameters unique to the regulatory risk profile of the organisation.
The process will also provide documentation and evidence review for records in the event of an audit; and a team of consultants
Conning is to acquire Octagon Credit Investors, a US–based manager of specialised credit asset classes with expertise in collateralised loan obligations (CLOs), bank loans and high yield bonds.
Based in New York, Octagon has more than 20 years of experience investing in below-investment grade markets, allowing Conning to expand its best-of-breed capabilities for clients globally. Octagon manages USD12.8 billion in assets through its CLOs, separate accounts and commingled fund offerings on behalf of insurance companies, banks, pension funds and asset managers. Andy Gordon will continue as Octagon’s Chief Executive Officer, and the firm’s existing investment and business teams will remain
After a strong September, CTA strategies posted lower returns across the board in October 2015, with all managed futures indices calculated by Societe Generale Prime Services in negative territory.
The Newedge CTA index was down 1.15 per cent in October (from 1.17 per cent in September) bringing year-to-date performance to -1.18 per cent.
Short Term Trader returns were mixed, resulting in slightly negative index performance of -0.31 per cent, but representing a large return dispersion between individual managers.
Trend followers experienced the difficult market conditions in October most strongly, with the Newedge Trend index ending down 2.45 per
With some of the biggest names in private equity real estate raising ever larger funds, this extract from Preqin Real Estate Spotlight looks at how emerging managers are faring in the fundraising market and how investor appetite for new firms is changing.
The fundraising environment for emerging managers* seems especially daunting in recent times amid intense competition for fundraising; managers lacking an established track record are finding it difficult to gain traction and secure institutional investor commitments. Larger, more experienced real estate firms, however, have been securing ever greater proportions of fundraising, but has this been at the expense of
smartTrade Technologies has added a margin credit functionality to its end-to-end low latency FX trading platform, LiquidityFX.
smartTrade's LiquidityFX platform has seen increasing adoption by a large variety of clients looking to move from their incumbent platforms to a flexible non-volume based priced solution and has led to a growing demand for a margin credit extension.
The margin credit extension is fully integrated in smartTrade’s LiquidityFX and complements its existing risk management features, giving clients the ability to immediately access additional advanced functionalities. This extension allows end clients to trade larger amounts, leveraging their cash margin, while brokers can monitor and
Investcorp has acquired the hedge fund of funds business unit of SSARIS Advisors, a manager of absolute return hedge fund strategies and hedge fund of funds strategies headquartered in Wilton, Connecticut.
Four key members of SSARIS' hedge fund of funds investment team are joining Investcorp this week in New York. The investment management of absolute return hedge fund strategies will remain with SSARIS.
With this business unit's approximately USD800 million in discretionary and advisory assets, and clients across the US, Europe and Asia, this acquisition will help grow Investcorp's existing Hedge Funds platform and is consistent with its long
Average daily transaction value on the Euronext cash order book stood at EUR7,735 million in October (-5 per cent compared with October 2014), marking a return to a normalised volume environment.
Activity in October 2014 was the highest level since August 2011, boosted at that time by volatile market conditions.
Activity on ETFs remained particularly dynamic during October 2015 with an average daily transaction value at EUR597 million, up 16 per cent compared to the activity peak of October 2014.
The average daily volume on equity index derivatives was down at 201,379 contracts (-39 per cent compared with
Systematic Hedge fund manager Cantab Capital Partners and The University of Cambridge are launching a new institute which is aiming to push the boundaries of information science.
Established through philanthropic support of GBP5 million from Cambridge-based Cantab Capital Partners, the Cantab Capital Institute for the Mathematics of Information will sit within the University’s Faculty of Mathematics and will draw on fundamental techniques from mathematical sciences to tackle head on the challenge of deciphering meaning in the reams of data which surround us.
Bringing together some of the world’s leading academics in various related disciplines to advance understanding on multiple
Hedge fund manager BlueMountain Capital Management has held the final close of the BlueMountain Summit Opportunities Fund II, the firm’s most recent multi-asset class opportunity fund, at USD1.3 billion in committed capital.
Summit Fund II has already begun deploying capital into high conviction investments across multiple asset classes including public corporate credit and equity, mortgage and asset-backed securities, real estate and private debt and equity. Investments focus on positions with excess risk premium associated with lower liquidity and heightened complexity. The Fund’s broad, flexible and long-term investment mandate allows BlueMountain to pursue opportunities across continuously evolving markets in both short-term trading
The Countess of Wessex (pictured) is to serve as Global Ambassador of 100 Women in Hedge Funds (100WHF) Next Generation initiatives.
Launched in January 2015, the goal of 100WHF’s most recent initiative is to inspire, mentor and provide access and peer network support to young women looking to start their careers in finance and investments.
The Countess of Wessex will attend several events in New York to launch her new role, including the 100WHF 500th education event on 10 November, a Next Gen breakfast discussion on November 11th with young women currently in the industry, and a New York
