Latest News
Latham & Watkins has appointed Ivana K Rouse as a partner in the Corporate Department and a member of the Investment Funds Practice in the firm’s Houston office.
Rouse’s practice covers a broad range of private funds, including private equity-style energy, credit and mid-market funds, cryptocurrency funds and hedge funds.
“We are excited to welcome Ivana to the Corporate Department and to the firm. She has an excellent track record in the investment funds space and will be be an incredible anchor for the group here in Houston. Her sophisticated experience and legal skills will help clients take
OKEx, a Malta-based digital asset exchange, recorded 223 per cent growth in monthly trading volume in the two months following its launch.
Perpetual Swap is the latest product in OKEx’s derivatives lineup, with nine types of contracts available for trading at the moment. BTC, ETH, and EOS perpetual swaps have a contract face value of USD100-equivalent and feature a leverage level of 1-100x. While for BCH, BSV, ETC, LTC, and XRP perpetual swaps, the contract face value is USD10-equivalent and they feature a leverage level of 1-40x. The TRX perpetual swap has a contract face value of USD10 with a
FundsLibrary, a provider of digital fund data and regulatory solutions, has entered into a strategic partnership with 360 Fund Insight, which focuses on providing independent advice and facilitating best execution that is transparent and cost effective.
FundsLibrary is recognised for the breadth and depth of its fund data and documents, working with over 700 fund groups and the ability to provide both digital and regulatory solutions across the investment industry. The extensive experience with regulation encompasses industry leading services for Solvency II reporting and distribution across the investment industry of MiFID II data, KIIDs and PRIIP KIDs.
“We are
Investor optimism spurred by a variety of favourable conditions pushed hedge funds to a solid start in 2019 with a 3.88 per cent return in January, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.
All of Barclay’s 31 hedge fund indices ended the month with gains.
By comparison, the S&P 500 Total Return Index climbed to 8.01 per cent in January. Strong stock market results and relief from the equity market volatility of recent months clearly contributed to hedge funds’ positive performance in January.
“A robust January effect stock market
Artivest has selected Sudrania Fund Services (Sudrania) to provide shadow fund accounting services for its Altegris mutual fund products.
Sudrania will provide Artivest with daily net asset value (NAV) recalculations independent of fund administrators, as well as additional reporting and data management via its Seamless Solution proprietary software. The services include shadow accounting, reconciliation, new account setup, performance calculation, and account maintenance. Also, Sudrania will deliver a comprehensive data management solution to enable Artivest to enhance its performance and risk management functions.
The alternative asset management of Artivest, Altegris offers a variety of investment funds, including managed futures and
Artemis Investment Management has promoted Nick Shenton and Andy Marsh, co-managers alongside Adrian Frost of the GBP5.5 billion Artemis Income Fund and of a further GBP3.6 billion in other UK equity income mandates, to partner with immediate effect.
Shenton has managed income mandates alongside Frost for six years. After studying Economics with French at the University of Nottingham, he started his career at F&C Asset Management in 2003. He spent four years there as an analyst and assistant fund manager on the UK and pan-European equities desks. In 2007 Shenton moved to Polar Capital as a fund manager on the
Equitivo is partnering with Ablrate, a specialist asset backed lending marketplace, to accelerate its growth, launch a new integrated broker platform, expand its marketing and develop new products.
The consultancy work will also assist in Ablrate’s progress of ASMX, a blockchain enabled secondary market which connects multiple platforms and investors in one portal, to integrate Ablrate and its white label partner Huddle Capital. This will create the worlds’ first blockchain based platform for trading private debt globally.
Equitivo is a specialist fintech consultancy with international capabilities and a broad range of consultancy services. Already working with more than ten
The Eurekahedge Hedge Fund Index was up 2.32 per cent in January, as the risk-on sentiment returned to the market, propelling the MSCI AC World Index (Local) up 7.36 per cent during the month.
That’s according to the February 2019 Eurekahedge Report which reveals that throughout 2018, hedge fund managers posted losses of 4.08 per cent, outperforming the global equity market which slumped 10.18 per cent over the year.
The global hedge fund industry saw its assets decline USD154.4 billion throughout 2018, down 6.3 per cent from its end-2017 figure – the largest yearly percentage drop since 2008, as
Harneys has been named Best Offshore Law Firm for the third consecutive year at the annual Hedgeweek global awards ceremony held in London on 14 February.
Harneys’ Head of Investment Funds, Philip Graham, says: “We are delighted with this hat-trick which spotlights the unrivalled reputation of our global funds team. We would like to thank our clients and industry peers for electing us.”
Hedgeweek Global Awards 2019 – The Winners
The awards, which recognise excellence among hedge fund managers and service providers around the world, are based on review by institutional investors, asset managers, service providers, advisers and trading technology
Nomura Asset Management Co (NAM) has become the first asset manager headquartered in Japan to provide access to CLSSettlement for Japanese-domiciled funds.
NAM is working with three trust banks: The Nomura Trust and Banking Co (NMTB); Japan Trustee Services Bank (JTSB); and The Master Trust Bank of Japan (MTBJ), to offer CLSSettlement to a total of 21 investment trust funds. NAM and the trust banks are supported by a number of global custodian banks, including Brown Brothers Harriman & Co. (BBH) and Citibank, NA (Citi) for NMTB, with Sumitomo Mitsui Trust Bank (USA) Limited for JTSB, and BBH for MTBJ.
Special Reports
FeatureD
- Insight
