Managers
Omni Partners Omni Macro Fund was up 4.9 per cent MTD as of Friday 21 August and the London and Irvine, California-based hedge fund manager is expecting further gains from moves at the beginning this week.
Since inception in 2007 the fund, which focuses on pursuing thematic and tactical opportunities in liquid products (FX, Commodities, Equity Indices and Rates), has produced an annualised return of 12.5 per cent.
Part of the Omni Macro Fund’s strategy involves pursuing fundamental mispricings with inherent convexity. Two of the themes the fund has been pursuing this year are known to be the slowdown
This extract from the Preqin Investor Outlook: Alternative Assets, H2 2015 analyses the responses gathered in Preqin’s latest round of investor interviews to find out what investors in private equity believe are the biggest issues they face at present.
Preqin’s recent survey exposed valuations, deal flow and fee pressure as some of the biggest challenges investors face while seeking to operate an effective private equity portfolio. While regulation has been cited as a key issue by over a third of LPs surveyed, it seems a large proportion of investors are yet to adjust their private equity investment plans in light
Franklin Square Capital Partners its senior secured investment in Blueprint Sub (doing business as iSqFt), a provider of software and bid information to the commercial construction industry.
The increased commitment finances the merger of iSqFt and CMD Group, a Norcross, GA headquartered provider of construction information.
The financing was provided by FS Investment Corporation (NYSE: FSIC), FS Investment Corporation II (FSIC II) and FS Investment Corporation III (FSIC III), BDCs managed by affiliates of Franklin Square and sub-advised by GSO / Blackstone Debt Funds Management LLC (GDFM), an affiliate of GSO Capital Partners LP (GSO).
The combination of iSqFt and
Fort Rock Asset Management, LLC has become the first fund of hedge funds to join the tru Independence community.
The SEC-registered investment advisor will utilise tru Independence's cloud-based technology platform to create service and operational efficiencies which will assist the firm in accelerating its growth.
"Our expertise, scale and relationships enable us to support the long-term maturity and expansion of both wealth management and investment advisory businesses in all stages of development," says Craig Stuvland (pictured), president and chief executive officer of tru Independence. "We look forward to working with Fort Rock to assist in accelerating growth and meeting its
This extract from the Preqin Investor Outlook: Alternative Assets, H2 2015 features data gathered in our latest investor interviews (conducted June 2015) and focuses on hedge fund investors’ plans for the coming year.
A larger proportion of investors plan to invest less capital in hedge funds over the next year than are planning to invest more capital in the asset class (Fig 1). The failure of hedge funds to meet investors’ expectations, in terms of performance, over the past 12 months may have contributed to the reluctance of many investors to put more money to work in the asset class in the year to
The focus remained on China, with PBoC announcing a surprise Yuan devaluation and steps towards the liberalisation of its quotation mechanism. While factoring the outright impact of the approximate 5 per cent devaluation against USD – in EM currencies and in exports sectors – markets also read this development as an additional sign of slower Chinese growth.
Following an initial announcement in July, JTC has formally completed its acquisition of Kleinwort Benson’s Fund Administration business, taking the company’s global headcount to over 450 staff.
Completion follows receipt of approvals from the relevant regulatory authorities and sees JTC add to its existing operations in the Channel Islands, as well as giving the company its first permanent presence in South Africa. The deal also brings JTC’s total Assets under Administration (AuA) to USD56 billion and bolsters its specific strengths in private equity, real estate and debt funds.
Nigel Le Quesne (pictured), Group CEO & Chairman, says: “The conclusion of
Markit, a provider of financial information services, is to acquire DealHub, a provider of trade processing and trading services to the foreign exchange market.
The acquisition will enable Markit to offer customers a comprehensive solution for FX across venue connectivity, trading services, trade confirmation and management, clearing and regulatory reporting. It will also expand Markit’s customer base among banks, brokers and asset managers in the FX markets.
Brad Levy (pictured), managing director and head of Markit’s Processing division, says: “DealHub is a great company and highly complementary to Markit’s growing FX processing business. This acquisition adds depth to our FX
The SS&C GlobeOp Forward Redemption Indicator for August 2015 measured 3.46 per cent, up from 2.08 per cent in July.
“SS&C GlobeOp’s Forward Redemption Indicator of 3.46 per cent for August 2015 reflects mainly seasonal influences in comparison to the 2.08 per cent reported in July of 2015,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “It’s noteworthy that on a year-over-year basis, the 3.46 per cent for August of 2015 is sharply lower than August of 2014 which came in at 4.19 per cent. In particular, there was a decline in near-term redemptions, which together with
Hong Kong-based investment advisory firm Meridian Capital Management has added a new Global Macro Hedge Fund’ to its existing hedge fund offering. The launch comes as the firm prepares to celebrates its 10th anniversary.
“With the completion of 10 years we have decided to don another hat, which we believe further strengthens our promise to bring more ideas for your money,” says Chief Information Officer Daniel Waring.
Steven Woodall-Head of Global Portfolio Construction and Risk at Meridian Capital Management says: “Investment today is not restricted to one’s country and we have a significant portion of persons who are invested globally.
