Latest News
Hedge fund Kadima Sun Investments (KSI), has gone live with Tier1 Financial Solutions’ CRM platform. The deployment is enabling Kadima Sun Investments to more impactfully and efficiently pitch the firm’s unique investment strategy to potential investors.
Tier1’s cloud-based software is empowering Kadima Sun to uncover new business opportunities by providing a more streamlined, efficient and unified view for increasing outreach, sharing information and tracking interactions with key prospects, while minimising the misplacement of information. Tier1’s interoperable framework supports a robust mobile offering that has been instrumental in allowing Kadima Sun to seamlessly operate during the remote working conditions under COVID-19, with
Hedge fund managers are growing more comfortable with moving data to the cloud in order to enhance operational value, but find data management their greatest challenge as well as their top spending priority for the year ahead. That’s according to a new survey of 56 hedge fund managers by investment management technology provider Enfusion, which reveals the state of cloud in the industry, managers’ system preferences and hosting decisions, data management challenges, as well as the lessons traditional asset managers can learn from cloud-based hedge funds.
“The shift in acceptance and adoption of cloud-based technology marks an inflection point for
Options, a leading provider of cloud-enabled managed services to the global capital markets, has achieved the prestigious Microsoft Cloud Platform Gold Partner Status. In doing so, Options joins the top 1 per cent of Microsoft partners worldwide.
Investor confidence in hedge funds appears to be on the rise, with allocators pouring in some USD13 billion between July and September, the first quarterly net inflow into the industry in two-and-a-half years.
New data published by Hedge Fund Research shows the industry on the whole drew positive net inflows for the first time since Q1 2018, with third quarter allocations – dominated by macro and relative value strategies – bringing the total amount of industry capital globally to some USD3.31 trillion.
HFR president Kenneth Heinz said the pick-up in inflows was driven both by defensive outperformance by hedge funds through
A joint bid by the New Zealand Exchange (NZX) and the European Energy Exchange (EEX) has been selected to develop and operate the managed auction service for the New Zealand’s Emissions Trading Scheme (NZ ETS) – one of the Government’s main tools for meeting domestic and international climate policy targets.NZX Chief Executive, Mark Peterson, says the successful bid to the Ministry for the Environment showcased the value of bringing together the deep experience and capabilities of NZX and EEX to implement and operate a solution tailored to meet the needs of New Zealand and NZ ETS participants – and aligned
Chronicle Software (Chronicle), a multi-asset low latency trading software provider, has expanded its global footprint with an office in Singapore to serve as an additional local base to support these requirements across the region.In line with the region’s rapid development, the diverse currency markets in Asia are continuing to show strong growth. Over the last four years, Chronicle has seen increasing demand from local trading venues and market participants needing to build low latency, high performance trading capability to capitalise on these opportunities.
Chronicle combines fast, reliable and scalable low latency trading software with the commercial model that passes
Mercury Derivatives Trading, a global futures proprietary trading firm with more than 500 traders operating in markets on six continents, has deployed Eventus Systems’ Validus platform for trade surveillance.Read the full story at Institutional Asset Manager…
London-based oil-focused hedge fund Westbeck Capital’s flagship energy strategy suffered its biggest loss this year in last month’s violent market sell-off, shedding 15.2 per cent as its long oil equity positions were sent into a tailspin.
Though September’s loss was the strategy’s third monthly slide in a row, the Westbeck Energy Opportunity Fund remains up 41.7 per cent year-to-date.
The fund, which is managed by Westbeck co-founders Will Smith, CEO, and Jean-Louis Le Mee, CIO, remains upbeat on the commodity, pointing to a “constructive story” in fundamentals and data.
“As the fund hit its -15 per cent drawdown limit towards
The quality of research skills among hedge funds and other investment managers is closely tied to their ability to generate alpha in portfolios, a new deep-dive industry study has found.
Inalytics, a UK-based research outfit that aims to identify and benchmark investment skills for institutional investors, probed the connection between research capability and alpha generation using its database of 370 active equity portfolios and 26 fixed income credit portfolios.
The study split the portfolios into two groups: those with positive and those with negative alpha. It tracked opening buys – the first time a manager adds a new stock to the
Trend-following hedge fund strategies have launched a partial fightback in recent weeks, advancing into positive territory so far in October having suffered their worst month of the year during September’s market reversal.
