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The gross return of the SS&C GlobeOp Hedge Fund Performance Index for October 2019 measured 1.15 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.50 per cent in November.
“SS&C GlobeOp’s Capital Movement Index showed a gain of 0.50 per cent for November 2019, reflecting net inflows for hedge funds. Although the gain was slightly lower than the 0.61 per cent increase in net flows reported a year ago, the result is well within the range of normal variation,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “Overall, we see this month
Constellation Advisers: Best Regulatory Advisory & Compliance Firm – Hedge funds continue to face increasing demands by institutional investors. Delegating key, non-investment related functions to experienced outsourced partners, can see funds of all sizes optimise and streamline their operations.
Constellation Advisers can support all non-investment functions of an organisation in a more cost-effective manner. This provides clients with better efficiencies and additional bandwidth while keeping their needs at the forefront of the service.
“We have a “client first” approach and will continue to keep that at the forefront as we deliver high touch support and strategic advice to our clients. Our
Cowen Outsourced Trading: Best Outsourced Trading Solution – Experienced traders, well established and highly regarded buy-side order management and execution technologies overlaid with a totally transparent operating model is what drives the core of the service Cowen Prime Services provides its clients.
The firm’s business model allows clients to know which broker they are executing every trade with and what they are paying for that service. Cowen further employs independent trade cost analysis firms to verify and rate execution quality under the best execution practices.
Jack D Seibald, Managing Director, Global Co-Head of Prime Brokerage and Outsourced Trading at Cowen expands on this:
It gives me great pleasure to provide a foreword for this year’s Hedgeweek US Awards report, in which we showcase some of the industry’s award-winning service providers. This year, we took a detailed methodological approach to selecting our fund manager award winners, with help from BarclayHedge, who were very supportive each step of the way. What is unique about our awards programme, however, is that every winner is selected by Hedgeweek’s readership, and is, as such, a peer review. We think this helps give an additional layer of authenticity. And gives each award winner a legitimate right to share their
GMEX Group (GMEX), a specialist in digital business technology solutions for capital markets, in collaboration with Digital Partners Network (DPN), is to launch the Digital Investment Fund PCC (DIF).
DIF is a Professional Fund registered in the Seychelles, approved and regulated by the Seychelles Financial Services Authority (FSA). As the first ever tokenised hybrid fund, which is regulated, it bridges the gap between the conventional and digital investment worlds.
DIF has been set up as a Protected Cell Company (PCC), with initially three cells:
• Digital FinTech Fund (DFF) – A digital technology incubation/ early stage investment fund supporting
Context Capital Partners, an alternative specialist firm with holdings and operating companies in various sectors of the alternatives space, has appointed Eric Noll as Chief Executive Officer of Context Capital Partners, with Ron Biscardi (pictured) shifting to become Chief Executive Officer of Context Summits on a full-time basis.
In his new role, Noll will be responsible for overall management of Context Capital Partners and its various holdings, growth initiatives and strategic partnerships. The addition of Noll will allow Biscardi, who has served as CEO of Context Capital Partners since 2005, to focus on the overall long-term strategic direction and continued growth and success
The Association for Financial Markets in Europe (AFME) has published a new paper setting out five recommendations to deliver supervisory convergence on the regulation of crypto-assets in Europe.
The paper’s recommendations are intended to encourage collaboration between regulators in Europe and work towards a common approach to the regulation and development of crypto-assets in financial services.
James Kemp, Managing Director, Head of Technology and Operations at AFME, says: “There has been a rapid rise in the development of crypto-assets, which could offer significant benefits for wholesale markets. However, to realise those benefits, it is increasingly important that crypto-asset regulation is
The Wilshire Liquid Alternative Index, which provides representative baseline for how the broad liquid alternative investment category performs, returned 0.31 per cent in October, in line with the 0.31 per cent monthly return of the HFRX Global Hedge Fund Index.
The Wilshire Liquid Alternative Index family is a joint offering between Wilshire Funds Management, the global investment management business unit of Wilshire Associates, and Wilshire Analytics, creator of the Wilshire 5000 Total Market Index.
“October was a positive month for risk assets, with equities drifting higher on the back of softening geopolitical tensions and supportive central bank policy,” says
Jill Kreutz is to join BTIG’s Outsource Trading division in Dallas.
Kreutz joins the unit from the firm’s Institutional Equities desk, where she held a senior sales trading role for over 12 years.
“We are thrilled to welcome Jill to the BTIG Outsource Trading team,” says Chris Casanovas, Managing Director and Head of BTIG Outsource Trading. “Jill has skilfully developed significant relationships with clients across the country. As a Texas native, she has also become a trusted partner for many of our clients in the South and Midwest. Jill fully understands the needs of newly-launched funds and established market
By Gary Paulin (pictured), Global Head of Integrated Trading Solutions, Northern Trust Capital Markets – The asset management industry is facing unprecedented pressure from competition, fees, regulatory and compliance challenges, technology costs and shifting product demand. The resulting squeeze on margins is forcing many to lower operating costs and increase scale via consolidation and/or outsourcing.
In recent years, asset servicing has experienced two distinct cycles of outsourcing. In the 1980s, it was the back office. In the early 2000s, it was the middle office. Pressure on asset management is leading to a third wave of outsourcing, this time around the front
