Latest News
The SS&C GlobeOp Forward Redemption Indicator for September 2020 measured 3.43 per cent, up from 3.08 per cent in August.“SS&C GlobeOp’s Forward Redemption Indicator of 3.43 per cent for September 2020 compares favourably with the 3.67 per cent reported a year ago and September’s long-term averages,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This decrease in redemption notices is consistent with the recent strong trend in hedge fund asset retention, indicating investor confidence remains high.”
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C
Financial markets data science firm, FairXchange has launched ‘game changing’ functionality within its Horizon product with a new Pricing Stack Analysis feature which enables financial institutions worldwide to make more informed, data driven decisions about how they interact with existing and prospective Liquidity Providers.By providing a complete view of a financial institution’s pricing stack, FairXchange’s Pricing Stack Analysis provides unparalleled insight into the dynamics of their liquidity and enables banks, brokers and hedge funds to understand the financial impact of their Liquidity Provider selection compared to other choices they could make.
Pricing Stack Analysis uses FairXchange’s sophisticated proprietary technology
Tellworth Investments has launched the The Tellworth British Recovery & Growth Trust, which commenced its initial public offering on 16 September 2020. Read the full story at Wealth Adviser…
One of the world’s top sovereign wealth funds (SWF) has slected Diligend, a provider of investment management software, to digitalise and automate fund Due Diligence for the hedge fund asset class.Read the full story at Institutional Asset Manager…
Quantexa, a data and analytics software company specialising in contextual decision intelligence, has appointed form JP Morgan Chase CIO, Anabelle Bexiga, and former KPMG chairman, Simon Collins, to its advisory board.
Schulte Roth & Zabel (SRZ), a law firm focused on the private investment funds sector, has appointed Owen Schmidt as a partner in its Investment Management Group. Schmidt brings deep experience in private fund formation and compliance to SRZ’s funds practice.
Resident in the New York office, Schmidt joins the firm after spending almost seven years as a partner, general counsel and chief compliance officer at two large investment fund managers. Schmidt led the legal department at Falcon Edge Capital and at Valinor Management, where he was responsible for the formation and operation of credit, hedge and private equity funds
Ramsey Quantitative Systems’ (RQSI) has launched Fee-Fi-Fo-Fum, a new investment tool that enables investors to generate, evaluate, and compare hedge fund fee structures.
Trucost’s climate analytics and environmental data is now available via the S&P Global Market Intelligence.Read the full story at Institutional Asset Manager…
Independent Trading Group (ITG), Canada’s only brokerage firm dedicated specifically to professional trading, has selected OneMarketData’s OneTick Trade Surveillance. The cloud hosted deployment will enable ITG to meet demanding regulatory requirements and create an auditable workflow to monitor and protect all trades, while reducing costs and replacing legacy technology.
OneTick Trade Surveillance helps firms meet exacting trade surveillance regulations including MAR, MiFID II, SEC, FINRA and IIROC. The out-of-the-box library of alerts comes with a calibration tool for choosing alert parameters appropriate for the firm to minimise the number of false positives. Global equities and futures market data is included
StoneX Group’s Prime Brokerage Group has launched an Emerging Manager Platform, which combines the full scope of the firm’s execution services offering – multi-asset, global connectivity, high-touch expertise, and middle & back office support – into a one-stop-shop resource for asset managers.StoneX built the Emerging Manager Platform to meet the growing demand of outsourced trading for emerging managers. The platform provides customers with a fully engaged buy-side trader and connects them with an entire ecosystem of more than 150 global brokers, banks and resource providers, backed with StoneX’s global network and financial strength. Additionally, the platform delivers StoneX’s high-touch expertise
