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Leanne Wallser has joined Walkers’ Jersey office as a Group Partner as part of the firm’s strategic growth in the Island.
Wallser is the fourth new partner in the Jersey team in the last 18 months, following the relocation of Fraser Hern from the firm’s Singapore office, the lateral hire of Nigel Sanders from another offshore firm, and Christopher Reed’s promotion to the partnership.
Overall, headcount across the Jersey office has increased by more than a third in the last year.
Wallser has worked offshore since 2003 with previous experience in Hong Kong and London as well as
Fairgreen Capital, a London-based manager of market-neutral equity strategies, has launched its investment operations on Eze Eclipse.
An ongoing bond market rally that pushed 30-year US Treasury and German bond yields to all-time lows helped to propel managed futures funds to a profitable August with CTA funds returning 2.23 per cent according to the Barclay CTA Index compiled by BarclayHedge.
Year-to-date, CTA funds are up 7.63 per cent through the end of August.
“As Treasury yields dropped, the yield curve inverted for the first time since 2007, equity markets stumbled and gold prices soared to multi-year highs,” says Sol Waksman (pictured), president of BarclayHedge. “Agricultural markets sold off and corn dropped 10 per cent based on USDA predictions
The number of Jersey Private Funds (JPF) had increased 25 per cent in six months. Figures from the Jersey Financial Services Commission (JFSC) showed that the number of JPFs, a structure introduced in 2017 to cater specifically for the needs of small groups of sophisticated investors, had reached 257 by 30 June 2019, up from 205 at the end of 2018, with assets under management of GBP43 billion.
Joe Moynihan, CEO of Jersey Finance, says: “As investors look for stable IFCs that offer specialist expertise, Jersey can be a voice of reason among the noise, ready to support investor ambitions.”
Nick Eatock is to return as Intelliflo’s Chief Executive Officer (CEO) following the departure of Hamish Purdey, who is leaving the firm to pursue new challenges.
Purdey joined Intelliflo in November 2014, at which time Eatock took on the role of Executive Chairman.
Eatock says: “Hamish has done a fantastic job over the last five years with Intelliflo, a period in which we have grown the business to 35% market share, with almost 23,000 users. I’d like to thank Hamish for his enormous contribution and wish him well in his future endeavours.”
Purdey says: “I have thoroughly enjoyed
The Eurekahedge Hedge Fund Index was up 0.17 per cent in August, bringing its year-to-date return to 6.58 per cent. Roughly 32.6 per cent of the hedge fund managers comprising the index have recorded double-digit gains over the first eight months of the year.
The global hedge fund industry AUM has declined by USD9.4 billion as of August 2019 year-to-date. Final Q2 2019 net outflows figure stood at USD40.0 billion, as investor redemptions continued to slow down. Hedge fund managers recorded USD46.4 billion and USD94.7 billion of net outflows in Q1 2019 and Q4 2018, respectively.
The Eurekahedge North
By Joe McGrath – While litigation funders have been celebrating growth and success in Western markets, they are also keen to seize opportunities further afield with Asian jurisdictions increasingly finding favour…
For investors keeping close watch of industry developments over the summer, it was impossible to escape the headlines resulting from the ongoing feud between litigation funder Burford Capital and shorting shop Muddy Waters.
A report, released by the latter, set tongues wagging after Muddy Waters said it had developed concerns about the accounting and governance approaches at Burford. The release of the report triggered several industry commentators to speculate about accuracy
Northern Trust has launched a range of new client dashboards for Omnium, its middle- and back-office technology platform for alternative fund administration.
Designed to provide clients with greater transparency into workflows and metrics critical to efficient fund management, the web-based dashboards exemplify Northern Trust’s commitment to solutions that support alternative investment managers.
Omnium client dashboards feature a streamlined interface to enhance the user experience and are optimised for mobile devices to provide key decision makers with real-time, on-demand access to their portfolio information wherever they might be. Additional features include interactive data visualisation capabilities, readily accessible static reports and
ACA Compliance Group (ACA) has appointed Carlo di Florio as Global Chief Services Officer (CSO).
Di Fiori will be instrumental in defining and executing the vision for ACA’s governance, risk, and compliance (GRC) service offerings. His responsibilities will include oversight, management, and strategic growth of ACA’s global regulatory compliance, cybersecurity and risk, AML and financial crimes, and performance practices. He also will focus on enhancing ACA’s infrastructure and technology for servicing, managing, and delivering its quality service-based offerings.
Di Fiori joins ACA from FINRA where he served as Chief Risk & Strategy Officer and as Co-Chair of the FINRA360
QuantHouse, a provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced that they are partnering with SpiderRock Gateway Technologies.
SpiderRock Gateway Technologies has added its proprietary data & analytics service including implied volatility and option prints to the 150-plus data sources available through QuantHouse’s API.
SpiderRock Gateway Technologies provides option analytics as a service delivered in a normalised binary format. As part of this offering, SpiderRock delivers implied volatility, greeks, risk slides, and volatility surfaces across US-listed equity and futures derivatives in a real-time feed that
