Managers
HFR and Morningstar have launched a strategic distribution partnership with Morningstar Direct Institutional Software.
HFR is a leading provider of indices, data and analysis for the hedge fund industry, and Morningstar, Inc is a leading provider of independent investment research. Subscribers to, including HFRX and HFRI Indices, hedge fund database and analysis of alternative industry trends for use within the Direct platform.
Morningstar Direct combines Morningstar’s global investment data and content with sophisticated research analytics and tools to interpret financial information for investment ideas and communicate it in clear, visual reports. More than 1,700 institutions subscribe to Morningstar Direct
Payments on sovereign credit default swaps contracts related to Greece have been successfully completed, according to the Depository Trust & Clearing Corporation (DTCC).
DTCC’s Trade Information Warehouse (TIW) provides post-trade processing services for OTC credit derivative trades. TIW has completed the restructuring event for the Hellenic Republic (Greece sovereign entity) for single name and index (ITRAXX SovX) transactions. USD2.89 billion in net funds (US dollar equivalent) were transferred on March 26 from net sellers of protection to net buyers of protection.
The auction for Greece sovereign bonds was held on 19 March. The auction was conducted in accordance with the International
Last Monday saw New York-based GSB Podium Advisors launch a UCITS version of its global market neutral equity long/short strategy, prior to which it had been running solely in the form of three managed accounts. The GSB Equity Market Neutral (UCITS) Fund has been designed to replicate the systematic strategy whose genesis dates back to 1997 when GSB founder Shengbei Guo ran Deutsche Bank’s equity statistical arbitrage trading desk.
It wasn’t until 2005 that the strategy first appeared as a fund – the Statistical Arbitrage Fund. That same year Guo’s prop desk decided to spin out of Deutsche Bank in
The Securities and Exchange Commission has established comprehensive arrangements with the Cayman Islands Monetary Authority (CIMA) and the European Securities and Markets Authority (ESMA) as part of a long-term strategy to improve the oversight of regulated entities that operate across national borders.
The two memoranda of understanding (MOUs) reached this month follow on a similar supervisory arrangement that the SEC concluded with the Quebec Autorité des marchés financiers and the Ontario Securities Commission in 2010 and expanded to include the Alberta Securities Commission and the British Columbia Securities Commission last September.
The SEC’s latest supervisory cooperation arrangements will enhance SEC
Monday 19 March saw New York-based GSB Podium Advisors launch a UCITS version of its global market neutral equity long/short strategy, prior to which it had been running solely in the form of three
Pictet Asset Management this week launched the Pictet-Global Flexible Allocation fund, a Lux-domiciled UCITS fund.
Swedish fund selectors look like they’ll be favouring hedge funds as part of their investment strategies but alternative UCITS funds may struggle a
Bernheim, Dreyfus & Co has appointed Bank of America Merrill Lynch (BoAML) as an additional prime broker for its Diva Synergy Fund and Diva Synergy UCITS Fund.
Man Group Plc this week launched the Man Commodities Fund, offering institutional investors exposure to global commodity markets in a UC
Legg Mason is planning to launch a UCITS version of its global high yield fund, managed by its US subsidiary Brandywine Global, reported Citywire Global this week.
