Latest News
Aberdeen Standard Investments (ASI) has signed an exclusive licence agreement with Hedge Fund Research (HFR), a specialist in the indexation, analysis and research of the global hedge fund industry, to launch a series of products that will track a range of investable hedge fund indices.
As part of this arrangement, ASI has incorporated a monthly priced strategy designed to track the HFRI 500, comprised of 500 hedge funds across a broad range of strategies. The investment strategy will subsequently allow access to HFR’s investable index family, with circa 30 underlying investable hedge fund strategies and sub-strategies giving investors the opportunity
The hedge fund industry posted negative returns in August, dropping 0.78 per cent, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P Total Return Index was down 1.58 per cent in August.
Despite the down month, hedge funds remained in positive territory for the year, gaining 6.86 per cent through 31 August. The S&P Total Return Index returned 18.35 per cent on the year through August.
August’s hedge fund difficulties were fuelled by the usual suspects: the US-China trade war, ongoing no-deal Brexit uncertainty, and recession fears.
“August
Axiom Alternative Investments, a French asset manager with USD 1.4 billion under management and offices in London and Paris, has appointed Bedis Gharbi as Senior Portfolio Manager, to support the continued development and diversification of its growing London office and fund range.
Bedis, a graduate from the École Polytechnique and ENSAE, brings over 20 years’ experience in the investment management industry, most recently as Head of Synthetic Credit Funds at RiverRock European Capital Partners.
He was previously in charge of the credit correlation portfolio management at Deutsche Bank which he joined in 2009.
He began his career in
The Investment Management Due Diligence Association (IMDDA), an investor-based organisation dedicated to the professionals who perform investment and operational due diligence, has launched a new program giving its members access to background checks provided by Intelligo, a specialist in technology-driven background checks.
This new IMDDA member-only program provides access to Intelligo’s platform, Clarity, which leverages a combination of AI and human intellect to enhance the quality and depth of background checks. Intelligo Clarity reduces report generation time and eliminates paperwork with online SaaS reporting.
“IMDDA is committed to helping members implement best practices throughout the due diligence process,” says Andrew
TD Asset Management (TDAM) has added the TD Greystone Real Asset Pooled Fund Trust to its existing suite of alternative investment solutions for accredited investors.
The new fund joins the TD Greystone Mortgage and Short Bond Pooled Fund Trust and the TD Emerald Private/Public Debt Pooled Fund Trust, which launched earlier this year exclusively through TD Wealth Private Wealth Management.
“We live in a challenging investing world, with very low interest rates, low yields, and increasing volatility. It’s more important than ever to look for new and innovative solutions to help drive value for clients,” says Rob Vanderhooft, Chief Investment Officer,
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has set out a new roadmap of investment for its market data feed, SuperFeed.
Vela’s SuperFeed delivers high-quality normalised real-time market data, with industry-leading levels of performance, availability and reliability as demanded by today’s trading applications. Offering a unique blend of fast delivery and scalability, SuperFeed has broad market coverage across North America, EMEA, and APAC.
Vela will be increasing access points to SuperFeed with new in-region data centres in Asia and expanding content with over 60 new venues including all major APAC exchanges
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, has outlined a vision for institutional trade processing that realises the goal of straight-through processing by eliminating inefficient manual touch points.
In a new white paper “Re-Imagining Post-Trade: No-Touch Processing Within Reach,” DTCC explains the need for the new approach and lays out a path for achieving no-touch processing, including the most effective way to leverage existing infrastructure.
“We have a plan to create an open, integrated and resilient post-trade infrastructure that eliminates redundancies and manual processing across an increasing set
B-PIPE, Bloomberg’s flagship real-time market data feed, will now be available to clients globally in the cloud through Amazon Web Services (AWS).
Building on the initial launch of B-PIPE in the cloud for US-based clients, Bloomberg will work with AWS to support customers around the world to gain immediate and reliable access to real-time market data.
B-PIPE will be available in the cloud for Bloomberg Enterprise clients across North America, Europe, and Asia via AWS and is one of the only cloud native real-time data products suitable for capital markets use cases. The service will provide access to the
ACA Compliance Group (ACA) and Eagle Investment Systems (Eagle), a BNY Mellon company and part of Data and Analytics Solutions, have partnered to help firms comply with the new 2020 Global Investment Performance Standards (GIPS).
The firms believe that ACA’s GIPS compliance consulting and verification expertise, combined with Eagle’s technology platform and Eagle Managed Services, provides an end-to-end solution that helps firms manage the GIPS composite maintenance and verification process. Together, ACA and Eagle provide a 2020 GIPS-compliant programme, from policy and procedure development and updates, composite creation and maintenance, and disclosure reporting, to firm-wide verification.
The combined approach begins with ACA providing consulting to the
Hedge fund Livermore Partners has added David Gould to its Advisory Board. Gould is currently a member of the Board of Directors of LetterOne Holdings, an international investment business focused on investment in the Energy, Retail, Health and Technology sectors, with over USD23 billion of assets under management.
He is also a member of the Treasury Board of Directors of LetterOne, and is a member of its Investment and Risk Committee and has served in an executive capacity as COO since 2014.
Gould formerly held a number of positions at PwC from 1992 to 2000 and at Alfa Group
