Managers
Agecroft Partners is again planning to donate 100 per cent of its profits from the Hedgeopolis New York 2015 hedge fund conference to non-profit organisations that benefit children.
In 2014 Agecroft, through its founding partner Don Steinbrugge (pictured), donated approximately USD100,000 in profits from Hedgeopolis 2014 both directly and to a charitable trust for non-profit organisations that benefit children. This year, Agecroft Partners plans to donate to over 15 different organisations with a majority of the donations going to organiations that help troubled youth.
Some of the organisations selected to receive funds include: ChildSavers, Elk Hill, Children’s Hospital Foundation,
Eurex Clearing is to launch its new Eurex Clearing Prisma Margin Estimator (Eurex Clearing PME), which has been developed in collaboration with OpenGamma, on 16 November 2015.
This new service will further enhance the risk management offering for its members as it helps them and their clients to assess Eurex Clearing Prisma initial margins for their current as well as for any hypothetical portfolios.
“We have worked closely with Eurex Clearing to ensure that the Eurex Clearing PME supports their state-of-the-art margin methodologies and the needs of their clients,” says Mas Nakachi, CEO of OpenGamma. “The Eurex Clearing PME
100 Women in Hedge Funds (100WHF) is marking the organisation’s 500th Industry Education session with an event tonight in London on 7 October followed by other events at 100WHF locations around the world culminating with a celebration in New York on 10 November.
The London and New York sessions feature past and present 100WHF Industry Leadership Award recipients, honoured by 100WHF for their achievements and contributions to the industry.
At the London event, 100WHF European Industry Leadership Honorees Look Back and Look Ahead to Five Essential Industry Trends, panelists are expected to comment on trends in the investment market
The LuxHedge Global UCITS Index fell by 0.85 per cent in September. This second consecutive monthly decline leads the index to a flat year-to-date performance (+0.20 per cent).
The equity markets kept suffering with -5.05 per cent in Europe, -2.47 per cent in the United States (US), -2.97 per cent in Emerging Countries and -3.65 per cent for the MSCI World Index this month.
The LuxHedge Equity Market Neutral UCITS Index has exhibited flat performance (+0.12 per cent) despite the very turbulent market. The commodity market is once more hit hard (-3.42 per cent) and consequently the LuxHedge Commodity
Context Asset Management has launched the Context Macro Opportunities Fund, which seeks to deliver long-term, risk-adjusted returns with low correlations to the financial markets and is part of Context’s drive to ‘democratise’ hedge fund strategies by offering them in alternative mutual funds.
"As alternative investment products continue to rise in popularity and investors brace for the upcoming interest-rate increase, we are dedicated to rolling out innovative strategies that bring the potential benefits of alternative mutual funds, including low correlation to traditional asset classes, higher-quality return streams and lower volatility, to a wider audience of retail and institutional investors," says John
Moab Capital Partners, an alternative investment fund manager with over USD485 million of consolidated assets under management across their hedge funds and other product offerings, recently selected Maples Fund Services to provide a full suite of hedge fund administration services.
Maples Fund Services will provide a range of administration services, including fund accounting and investor services, for the hedge funds managed by Moab. Maples Fund Services’ customisable approach and sophisticated infrastructure, coupled with the expertise of its team in working with debt funds, were key elements in the asset manager’s decision to migrate from its existing fund administrator. Maples Fund
Global growth concerns increased in September, with the Fed holding a very dovish line, while several idiosyncratic market events, such as Volkswagen and Glencore, contributed to uncertainty and negative returns in markets.
The challenging month contributed to the third quarter being the worst quarter in performance terms for many risk asset markets since 2011. For the month, global equities as measured by the MSCI World index were down 3.6 per cent, while the US Dollar index and the Barclays US Aggregate Bond index were up 0.6 per cent and 0.7 per cent, respectively.
The correlated sell-off in risk assets
FCA-regulated Divisa UK Limited (Divisa Capital) has acquired Laboratory of Financial Technologies CJSC (FinLab), a financial services provider incorporated in the Republic of Armenia.
The firm, renamed Divisa AM CJSC (DAM), will relaunch in the final quarter of 2015 as a wholly owned subsidiary of Divisa Capital offering wholesale API and MT4 prime-of-prime solutions for institutional and professional clients.
The strategic acquisition enables Divisa to make maximum use of Armenia’s geopolitical position – the country is a gateway to the Eurasian Economic Union (EEU) and can be used as hub for servicing nearby Middle Eastern nations.
The
Market conditions remain challenging, particularly in the US where the S&P 500 fell 3 per cent during the period under review. Part of this movement was related to adverse developments in the health care sector which suffered a severe drawdown after Hillary Clinton hinted that she would reform the sector and introduce price curbs if elected next year. This follows the controversial decision by a pharma company to significantly raise the price of decade-old drugs.
Deutsche Börse Market Data + Services is launching the new information product ‘Intraday Volatility Forecast’ on 23 November. The new analytic delivers ten-second, one-minute and ten-minute volatility forecasts for the futures of DAX, EURO STOXX 50 and Euro-Bund.
“Our forecasts can help traders assess the likelihood of price changes and therefore the risk involved in using certain automated strategies. The forecasts can also be used by screen traders in live trading and serve as input for pre-trade transaction cost analysis”, says Georg Gross, Head of Information, Market Data + Services, Deutsche Börse. “With the Intraday Volatility Forecast, traders can profit
