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The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -1.27 per cent in May, underperforming the -0.68 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.
“May was characterised by a sharp reversal of sentiment from April,” says Jason Schwarz (pictured), President of Wilshire Funds Management and Wilshire Analytics. “Investors sought safe-haven
Fund and fee structuring, operational due diligence, cybersecurity, selecting the right service providers and the fund raising process itself, were all hot topics at a Hedgeweek event for emerging hedge fund managers and service providers in New York yesterday (13 June).
The one-day event – Key Steps to Success: Managing a Start-up or Emerging Hedge Fund in 2019 – which was held at the University Club and attracted over 120 delegates, featured a panel of industry experts including Wincrest Capital founder Barbara Ann Bernard, Don Steinbrugge, founder and managing parter of Agecroft Partners, and Marianne Scordel of Bougeville Consulting.
And
Hauck & Aufhäuser, via its subsidiary Hauck & Aufhäuser Fund Services in Luxembourg, has acquired a majority stake in Crossroads Capital Management Limited (CCM).
CCM is a well-established Alternative Investment Fund Manager (AIFM) and a UCITS management company based in Dublin, Ireland, specialising in a range of services for investment managers and fund promoters in Europe.
The acquisition which is subject to the approval of the Central Bank of Ireland adds an international component to the product portfolio of the core business segment Asset Servicing. After completion of the transaction, Hauck & Aufhäuser’s assets under control will amount to
Managed futures were unable to maintain momentum in May as the battering equity markets and oil prices took from trade wars and tariffs contributed to CTA funds dropping 0.19 per cent, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions.
For the year-to-date, CTA funds remained in positive territory through the end of May, up 2.27 per cent.
Gainers and losers were evenly split in May among the eight CTA sectors tracked in the Barclay CTA indices, though all remained in the black for the year.
“While rallies in energy and equity markets propelled managed
SANNE has appointed David Fowler to the role of Country Head − Singapore with immediate effect.
Based in SANNE’s Singapore office, Fowler will be taking over the role from Valérie Mantot who will be focusing on the role of Head of Business Development, Asia Pacific & Mauritius with responsibility for exploring new strategic business development opportunities throughout each of the seven location SANNE operate in to raise brand profile across Asia including India, Dubai and Mauritius.
Taking up the role officially in May 2019, Fowler will be responsible for continuing to drive SANNE’s alternatives and corporate offering in Singapore and
The gross return of the SS&C GlobeOp Hedge Fund Performance Index May 2019 measured -0.92 per cent. Hedge fund flows meanwhile, as measured by the SS&C GlobeOp Capital Movement Index advanced 0.19 per cent in June.
“SS&C GlobeOp’s Capital Movement Index showed a gain of 0.19 per cent for June of 2019, reflecting positive net inflows. On a year-over-year basis, this gain was lower than the 0.48 per cent increase reported for the same period a year ago for June 2018, but was well within the range of normal variation,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “Overall,
Man GLG, the discretionary investment management business of Man Group, has appointed Tej Johar as portfolio manager within its European long-short equity team.
Alongside Johar, Rafa Lopes has also joined Man GLG, as an analyst. Both will be based in London and focus on the index rebalance strategy within the broader, diversified European long-short equity strategy.
Johar joins Man GLG from Broad Bridge Capital, an event-driven equity hedge fund, where he was chief investment officer. Prior to this, he spent close to three years at BlueCrest Capital Management and, before that, held positions at Credit Suisse, Marshall Wace and
Align, a global provider of technology infrastructure solutions and managed IT services, has appointed Vernon Bratton as senior business development associate.
Bratton brings twelve years of sales experience, with five years in the alternative investment industry. Prior to Align, he most recently served as director of business development of Context Summits and Context Family Network, the preeminent producer of events for the alternative asset management industry. He has a strong track record of establishing meaningful and strategic relationships with investment managers, advisors and services providers, as well as institutional investors.
“Vernon’s unparalleled knowledge uniquely positions him to drive and
Family Office Exchange (FOX), a membership organisation for families, family office executives, and advisers, recently published the results of the 2019 FOX Global Investment Survey.
Family offices are continuing move into private investments with a third of overall portfolios allocated to private equity (17 per cent) and real assets (16 per cent), according to the Family Office Exchange’s (FOX) 2019 FOX Global Investment Survey.
The report says that this allocation away from the traditional asset classes of equities and fixed income improved overall performance in a challenging year for stocks and bonds.
Another significant trend highlighted by the report across the average allocations of the past four
Global alternative asset manager EJF Capital has joined the Artivest platform, making its opportunity zone solution available to financial advisors and high-net-worth investors.
EJF Capital focuses on regulatory event-driven investment themes.
“We are excited to partner with Artivest to broaden the availability of our investment strategies to leading financial advisory firms and their high net worth clients,” says Neal Wilson, Co-founder and Chief Operating Officer of EJF Capital.
EJF Capital specialises in financial sector investing, including real estate, and its programs seek to identify regulatory catalysts and structural changes that produce investment opportunities. The firm leverages a team of investment
