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Larger hedge funds have entered the second quarter on a high after a staging an impressive fightback which saw them generate above-average returns in March after lagging the industry average during the first two months of the year.
Despite only launching in 2019, SIGTech’s quant trading platform is now being used by fund managers with a combined AUM of USD312 billion.
iConnections, the industry-leading platform and community that connects investment managers and allocators, has announced the mental health charities that it will be supporting as part of its month-long Funds4Minds fundraising initiative in May.
They include: Batryr, an Australian preventative mental health charity for young people; Brain & Behavior Research Foundation, an organisation that awards research grants to scientists looking to alleviate the suffering caused by mental health issues; Jed Foundation, a charity supporting teenagers and young adults through protecting emotional health and suicide prevention in the US; Mental Health Innovations, a UK-based charity supported by the Royal Foundation which uses
TORA, provider of the industry’s most advanced cloud-based order and execution management system (OEMS) and portfolio management system (PMS), has appointed Mark Moran as Sales Director.
Moran will work alongside Tom Mollooly to grow TORA’s PMS, OMS and EMS products to US buy side and sell side firms. Moran will report to TORA managing director Chris Jenkins.
“Mark is a fantastic addition to the team. He has great experience in both buy side trading firms and technology projects for the sell side. Mark will be focused on expanding our US sales channels following the latest success of our new
Building on its commitment to drive positive change through its data and insights, Refinitiv has expanded its economic data coverage of Africa.
Read the full story at Institutional Asset Manager…
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for March 2021 measured -0.23 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.33 per cent in April.
“SS&C GlobeOp’s Capital Movement Index rose 0.33 per cent in April 2021, reflecting net flows into hedge funds. The gain compares favourably to the 0.05 per cent increase reported for the same period a year ago and, in fact, is the largest net inflow for any calendar month of April since 2007,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This
BMLL, an independent provider of harmonised, historical data and analytics, has appointed Masami Johnstone as Senior Client Advisor and Simon Ellis as Head of Partnerships and Strategic Alliances.
Johnstone will focus on developing senior relationships in the capital community, both on the buyside and sellside and Ellis will be responsible for continuing the development of the wider BMLL ecosystem.
An award-winning industry leader in advising FinTech firms on business and product development and client engagement strategies, Johnstone brings strong capital markets expertise across data, analytics and sales development. She joins BMLL from CLS, where she was Managing Director of Information
By Don Steinbrugge (pictured), Agecroft Partners – Hedge fund capital introduction events, in which investors and fund managers meet in a speed-dating environment, have increased in popularity within the past decade.
These events allow participating allocators to review the details of a large number of fund managers, and select a subset of those they would like to meet in a brief one-on-one meeting or group roundtable setting. These can be either intro or update meetings. These capital introduction events are an efficient way for investors to quickly complete initial due diligence on a large scale. They also allow managers to
Gresham Investment Management, the diversified commodities and futures pioneer, has raised USD30 million for a new strategy which taps into growing investor demand for actively-managed commodity exposure amid signs of a new bull market in the sector.
The Gresham Dynamic Commodities strategy will focus on a range of asset types spanning precious metals, energy, agriculture, livestock and food and fibres, and aims to be less constrained than traditional beta offerings in this sector.
Commodities have historically been considered a portfolio diversifier in times of drawdowns, mitigating the impact of inflation rate changes and providing a hedge against geopolitical event risk.
Collaborative music creation platform Endlesss will stage a live-streamed collaborative jam session, with highlight moments minted as clean NFTs in real-time – in one of the first events of its kind. The event will be hosted on Twitch and Mixcloud at 8PM BST on 15 April.
Read the full story at Wealth Adviser…
