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4Alts has selected Sudrania Fund Services (Sudrania) to provide fund administration and related services to its multi-manager hedge fund platform with daily liquidity capability.
4Alts was recently created by former HFR and AON executives from Chicago; past HFR Asset Management president John Klimek and Aon pros Paul Sylvia and Rishi Awatramani. The 4ALTS Platform was established with the combined goals of providing a low-cost, all-inclusive solution for emerging managers and providing under-served investors access to small and niche alternative funds.
“4Alts has a very experienced management team and they are taking the right steps to implement new technology into the
iM Global Partner, an investment and development platform focused on acquiring strategic investments in best-in-class traditional and alternative investment firms in the US, Europe and Asia, has appointed Nimo Rijhwani as Western Sales Director of iM Global Partner US (iMGPUS).
He is joining the US team led by Jeffrey Seeley, Deputy CEO and Head of US Distribution of iM Global Partner.
Rijhwani joined iMGPUS as Western Sales Director on June 24th. He will cover California, Arizona, Nevada, Oregon, and Washington. With almost 20 years of experience in the asset management industry, Rijhwani has cultivated relationships with many financial advisor teams in
By Northern Trust – With Regulation Best Interest in the rearview mirror, the SEC is poised to finalise rules governing fund of fund arrangements.
Following the adoption of the long-delayed final Regulation Best Interest in June, what’s next for the US Securities and Exchange Commission (SEC)?
It’s likely that finalising the proposed rule on Fund of Funds Arrangements (the Proposal) is at the top of the list. Since the SEC released the Proposal late in 2018 and requested public comment, more than 100 comment letters have been posted and SEC officials have met with a variety of industry representatives.
Video game nights, yoga classes and building an inclusive culture where people’s views are valued is par for the course at Domeyard LP, one of the industry’s most exciting high frequency trading hedge funds. Here, Christina Qi, who co-founded Domeyard at 20 years of age, talks to Hedgeweek about building a successful business.
HW: Good morning Christina, thank you for speaking to Hedgeweek today. I’d like to begin by asking how you think about Domeyard – are you a hedge fund manager or a technology business?
CQ: That’s a really great question. When we started the business we faced identity
The Eurekahedge Hedge Fund Index rallied 1.82 per cent in June, supported by the strong equity market performance on the back of optimism over the progress of US-China trade talk.
Despite mixed economic data during the month, trade optimism and dovish central bank posturing saw the MSCI ACWI (Local) post gains of 5.41 per cent. Returns were positive across geographic mandates in June, with North American fund managers gaining 2.11 per cent and Asia ex-Japan fund managers up 2.18 per cent. Fund managers utilising equity long-bias strategies gained 3.06 per cent throughout the month, bringing their year-to-date return to 10.56
Following a slight dip in May, CTAs bounced back last month, with all of Societe Generale’s SG CTA indices reporting positive performance.
The SG CTA Index was up +2.45 per cent and built on earlier positive returns to +4.72% YTD. Trend followers led performance as the Index was up +2.75 per cent and +7.43 per cent YTD. Short-term strategies also benefitted from the strong performance in June as the Index was up +2.03 per cent and is now in positive territory for the year.
Trend followers’ gains in June were driven by equity markets and bonds, with the extension of strong
The Exchange Council of the European Energy Exchange (EEX) has approved the re-appointment of Tim Greenwood as Managing Director of EEX.
In addition to Greenwood, the Exchange Management Board also includes Steffen Koehler and Dr Tobias Paulun. Tim Greenwood who was appointed to the board in 2014 for a period of five years was re-appointed as an Exchange Management Board member for another term of five years.
The Exchange Council also confirmed an extension of tradable quarter maturities for Italian and Spanish Power Futures from the current 7 full quarters to 11 full quarters, which mirrors the Phelix-DE German, Phelix-AT Austrian
Man Group, a global active investment management firm, has launched Man Group ESG Analytics, a proprietary, dashboard-style tool enabling the firm’s investment teams to monitor non-financial risks and analyse environmental, social and governance (ESG) factors across single issuers, portfolios and indices.
The tool, which further enhances Man Group’s responsible investment (RI) capabilities, also features stewardship data, offering a real-time overview of a portfolio’s proxy voting performance and statistics.
Man Group ESG Analytics was developed internally under the direction of Man Group’s Responsible Investment team, with close collaboration between Man Numeric (the firm’s fundamentally-driven, quantitative investment engine) and Man Group’s
SANNE, a global provider of alternative asset and corporate services, has further extended its global reach with the opening of a new office in Mumbai, India.
With existing offices in 18 leading international finance centres, SANNE now has a local presence in one of the world’s fastest growing alternative markets and is also pleased to announce the appointment of Khushboo Chopra (pictured) as Head of Business Development – India.
The opening of this new office expands SANNE’s already strong network of offices across the EMEA, Asia-Pacific and Americas region and adds further capability and scope to the services SANNE
Over the past 12 months the asset management industry has made significant progress in advancing its digital capabilities, according to the latest Digital Readiness Survey from Alpha FMC, an asset and wealth management consultancy.
The study finds that firms are seeking to reinvent both how they interact with their clients and how they operate, and that digitalisation is a key element to success. It shows a continued focus on the use of digital approaches to improve client experience, making the most out of the data they have available, and making use of new technology to drive further operational efficiencies. There
