Managers
IRESS has made two separate acquisitions to boost its presence in both the capital markets and discretionary fund management space within the UK.
The two businesses IRESS has acquired are Proquote, a leading provider of trading, market data and connectivity solutions in the UK, owned by the London Stock Exchange Group (LSEG) since 2003; and Pulse Software Systems, a leading provider of portfolio management software for private asset managers.
Proquote plays an important and select role in retail trading and connectivity in the UK. Its solutions include a multi-venue trading system, market data terminals, risk management and best execution
Aberdeen Asset Management has struck a deal with Advance Emerging Capital Ltd (AEC) whereby Aberdeen will acquire 100 per cent ownership of the London-based investment company. AEC focuses on global emerging and frontier market equities.
AEC is a London based specialist investment manager with nearly two decades of experience managing portfolios of primarily closed end, but also open end, fund-of-fund vehicles. As of 30 June 2015, the company managed GBP409 million across a range of investment funds. The two largest vehicles that the team manages are Advance Developing Markets Fund Limited and Advance Frontier Markets Fund Limited, both of which are
On 16-17 September the Fed will meet to decide whether or not to hike rates for the first time since 2006. The set of economic projections will reveal critical information about the Fed thinking. The market expects a dovish stance. The probability of a rate hike, based on Fed fund futures, is as low as 28 per cent. The probability is close to 40 per cent for the end-October meeting and reaches 59 per cent for December.
Funds with more than USD1 billion in AUM grew at an average of 135 per cent since the global financial crisis, while smaller funds only increased 15 per cent over that same five-year period.
What is causing bigger funds to continue getting bigger and receive the lion’s share of institutional allocations? How does your firm compete in this unique market dynamic?
Broadridge’s new whitepaper, Hedge Funds and Their Data: Investing in Operational Excellence and Attracting New Capital, authored by Tim Versteeg (pictured), explores how the changes in the industry landscape since the global financial crisis forced hedge funds
Here, we take a detailed look at the infrastructure industry in Australia, including a breakdown of Australia-based investors’ by preferred route to market, source of infrastructure allocation and assets under management.
Read the full factsheet here, featuring charts and tables showcasing the latest Preqin data on the Australian infrastructure market.
SEI has introduced a new global regulatory risk and compliance platform that centralises handling of an investment firm’s regulatory and compliance functions across investment vehicles, products, and jurisdictions around the globe.
SEI’s Investment Manager Services (IMS) division developed the suite to help its diverse investment manager clients rein in the escalating costs and risks resulting from the industry’s fast-rising tide of regulations.
“For years, investment managers have dealt with regulatory compliance in a reactive and siloed way, focusing on one product type, regulator, or regulatory regime at a time. But that approach is inefficient and error-prone, poses risks of non-compliance,
BlackRock has launched a new event-driven fund in Europe to meet growing investor demand for liquid alternative investments, and to take advantage of an attractive environment for company transactions and other corporate actions.
The BlackRock Strategic Funds (BSF) Global Event Driven Fund (the Fund) is the firm’s first UCITS-compliant event-driven fund in Europe and adds to BlackRock’s existing range of liquid alternative UCITS funds on the BSF platform. The Fund arrives at a time when increased market volatility and challenging returns from traditional equities and bonds are encouraging investors to seek alternative, uncorrelated returns.
Sheryl Needham, Managing Director, BlackRock
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for August 2015 measured -1.02 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.64 per cent in September.
"SS&C GlobeOp's Capital Movement Index for September 2015 showed a gain of 0.64 per cent, very much in line with August's 0.71 per cent gain as well as the 0.55 per cent reported a year ago for September of 2014," says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. "Comparisons for both the inflow and outflow components of the index were also
The European Energy Exchange (EEX) has successfully launched trading in Cap Futures. This new derivatives contract allows EEX trading participants to hedge against price peaks that may occur on the German intraday power market.
The first trading transaction comprised a volume of 1,680 megawatt hours, traded at a price of EUR 0.20 per MWh for delivery in the calendar week 39 between RWE Supply & Trading GmbH and Vattenfall Energy Trading GmbH.
The payment threshold for the Cap Future is fixed at a price of EUR 60 per MWh. The amount of the payment corresponds to the difference between
Hedge funds focused on investments in Emerging Markets posted steep performance declines over the previous three months as regional equity and currency markets fell dramatically, driven in part by the devaluation of the Chinese Yuan by the Chinese Central Bank.
The HFRI Emerging Markets Index fell -4.5 per cent in August, extending the three month performance drawdown to – 9.2 per cent, according to the latest HFR Emerging Markets Hedge Fund Industry Report, released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. Total hedge fund capital invested in Emerging
