Managers
The average time taken to exit private equity-backed buyout investments has increased year-on-year since 2008. In this extract from the Preqin Private Equity Spotlight: May 2015, Anna Strumillo and Ciantelle Lawrence conduct an in-depth analysis of buyout holding periods.
Private equity investments are traditionally long-term investments with typical holding periods ranging between three and five years. Within this defined time period, the fund manager focuses on increasing the value of the portfolio company in order to sell it at a profit and distribute the proceeds to investors. This in turn determines how quickly and how much the investors can
BullionVault.com, one of the world's largest physical online gold and silver markets, has seen an increase in the amount of larger investors turning to gold in the UK.
In the case of gold specifically, the average purchase size amongst customers depositing GBP100,000 or more is now 26 per cent greater by weight so far in 2015 from the 2014 average, and 20 per cent greater than the same period last year. UK residents have made 40 per cent of 2015's larger deposits to date, but accounted for only 27 per cent during the same period last year.
But it’s
Interactive Data, a provider of fixed-income evaluated pricing, is to launch a new Indicators Service in July, leveraging the same fixed income evaluated pricing and reference data content that supports pricing and trading functions at buy-side and sell-side firms.
As global financial markets prepare for the effects of a rise in interest rates, there is widespread concern that an imbalance of supply and demand could lead to increased volatility in fixed income markets and constrain liquidity. At the same time, regulatory pressures have caused certain types of market participants to increase their regulatory capital, and reduce or eliminate fixed income
CME Group has launched physically delivered Zinc futures contracts to begin trading on 29 June, 2015, pending all relevant regulatory review periods.
These new Zinc futures contracts will build on CME Group's suite of physically and financially settled base metals products, and provide greater transparency and price discovery for market participants in North America and around the globe. Zinc futures will be priced in US dollars and will represent 25 metric tons of physical material, beginning with the October 2015 listed month.
"Customers across the global physical commodities value chain rely on the accurate price discovery and risk transfer that
Hedge fund Harness has chosen Carne Group to provide an independent management company solution for its new Luxembourg UCITS fund. Harness is making use of Carne’s independent UCITS compliant management company in Luxembourg to support the launch.
In addition Carne is also providing two independent directors to the Board of the SICAV. Harness and Carne worked together on project managing the successful launch of the fund; Carne liaised with the Luxembourg regulator and helped to manage the approvals process.
Harness was established in 2009 as a specialist asset manager. The firm’s objective is to deliver absolute returns within the global
More than 500 people attended the Guernsey Funds Forum 2015 in London last week, which was hosted by ITV news anchor, Alastair Stewart, OBE.
The keynote speech was delivered by Guernsey resident and private equity specialist Guy Hands, Chairman and Chief Investment Officer of Terra Firma Capital Partners Limited.
Dominic Wheatley, Chief Executive of Guernsey Finance, says he was delighted with the number and quality of attendees, as well as the content of the sessions.
“The event allows us to reinforce and build upon our key relationship with the City of London so to have attracted such an impressive number
By James Williams – The USD9 billion IPO by Lending Club last November was a significant shot in the arm for the peer-to-peer (‘P2P’) lending space and sent out a clear message to the banking industry: the old-school way of providing finance to companies and individuals is under threat.
Lending Club is one of a number of platforms that are legitimising the online lending market; one that investors still remain slightly in the dark about but nevertheless one that offers compelling investment opportunities.
“The average person still has no idea this is going on. People in the finance world have certainly
In a volatile market environment, hedge funds have exhibited high performance dispersion since the end of April, both at the strategy and the fund level. This proved true again last week, with the Lyxor Hedge Fund index posting a flat performance, up 0.06%, but hiding significant discrepancies behind the scenes.
The eFix Matching solution – a collaboration between EBS, ICAP's electronic foreign exchange business and Global Broking – has seen growth of over 160 per cent in average daily volume (ADV), since its launch one year ago in May 2014.
eFix Matching, which enables customers to execute Fix interest electronically on the EBS Market platform, provides anonymous access to a central pool of liquidity for the most liquid daily fixes, including the ECB 13:15 Fix, WMR 16:00 Fix, HSRA AUD/USD Fix and EMTA USD/RUB Fix, and improved global matching opportunities.
A growing proportion of the ADV (approximately 25 per cent)
Independent fund, corporate and private client service provider JTC has been granted an extension to its licence to offer an enhanced level of fund servicing capabilities in the UK.
The amendment to JTC’s permissions by the FinancialJTC Will Cameron Conduct Authority (a ‘Variation of Part 4A Permission’) means that JTC is now authorised to act as an operator of unregulated collective investment schemes (UCIS) in the UK.
As well as enabling JTC to establish, operate and wind up such schemes, the authorisation means it can also take on various oversight responsibilities including ensuring schemes comply with all regulatory requirements and
