Latest News
Investment research boutique Elston Consulting has launched the Elston Strategic Beta Dynamic Risk Parity Index, which provides a dynamically weighted multi-asset approach for achieving risk-based, rather than asset-based, diversification for UK investors.
The project has been developed in cooperation with Milliman Financial Risk Management.
The objective of the index is to provide a multi-asset strategy that is differentiated, dynamic and diversified.
Elston says the key difference to traditional multi-asset approaches is that the strategy is weighted by the equal contribution to overall risk by each asset class, rather than by asset weights alone. The weights are then dynamically adjusted as
Fund administrator Apex Group (Apex) has appointed Robert Aaron as the first member of the firm’s new Advisory Council.
The purpose of the Council is to form a select group of industry leaders, with significant track records in guiding market developments, to help drive Apex forward as a leading innovator in the fund services space. The first appointed member of the council has been announced today as industry veteran, Robert Aaron.
Aaron has over thirty five years of experience in the Alternatives Industry. His impressive resume includes both buy-side experience and the leadership of several large service providers in
Smith & Williamson Fund Administration (SWFAL) has successfully implemented the automated end-to-end straight through processing (STP) CREST settlement interface into its Babel messaging platform.
Smith & Williamson is the first Bravura client to go live with this module, which provides a new facility for integrated electronic settlement and account reconciliation for transactions received both via STP and manually.
The solution allows Smith & Williamson, as a fund administrator, to perform both the CREST Participant and Registrar roles within the CREST platform, allowing them to monitor efficiently and manage complete order lifecycles from initiation and pricing through to final settlement.
Assets invested in ETFs and ETPs listed globally amounted to USD4.99 trillion at the end of Q2 2018, following net inflows of USD85.47 billion and market moves during the period while the global hedge fund industry saw assets rise to a record USD3.24 trillion, despite net outflows of USD3.0 billion over the quarter, buoyed by positive market moves.
That’s according to ETFGI’s Q2 2018 Global ETF and ETP industry landscape insights report and a report by Hedge Fund Research.
Total assets invested in the global ETF/ETP industry continues to extend their lead over assets invested in the global hedge fund industry,
Coronation Fund Managers, one of the largest independent fund managers in South Africa, has gone live with SmartStream Technologies’ Transaction Lifecycle Management (TLM) Corporate Actions OnDemand – automating the complete corporate actions life cycle.
Llewellyn Smith, COO at Coronation, says: “We continue to make investments in our business, specifically in technology that enhances our clients’ service experience, and which allows us to achieve greater operational efficiencies. Through SmartStream’s tailored solution, we achieve automation of our corporate actions operational processes. Given that this project ran in parallel with a number of strategic initiatives, its successful implementation was essential. We value SmartStream’s
Regulatory technology firm Kaizen Reporting is launching a training service led by the company’s new Senior Regulatory Reporting Specialist, David Nowell. The training will initially focus on MiFIR transaction reporting before expanding to include EMIR trade reporting and the upcoming Securities Financing Transaction Regulation (SFTR).
A former regulator, Nowell has 30 years’ financial services experience. Having previously worked as a transaction reporting technical specialist at the UK FSA, as head of transaction reporting for a tier-1 investment firm and head of compliance for an Approved Reporting Mechanism and Trade Repository, David has a thorough understanding of both the importance and
Five new liquid alternative funds were launched in Q3 2018, including one Equity Hedge Fund, one Event Driven Fund, one Multi-Strategy Fund, one Global Macro Fund and one Relative Value Fund. Additionally, there were 19 liquidations.
That’s according to the Wilshire Funds Management’s Q3 2018 Liquid Alternatives Industry Monitor, which also reveals that there was a USD3.8 billion decrease in the AUM of the Liquid Alternatives Universe during Q3 2018.
In addition, there were approximately -USD4.6 billion in net outflows from the Liquid Alternatives Universe in Q3 2018, despite the Relative Value space experiencing net inflows of USD1.5 billion, continuing
Markov Processes International (MPI), a provider of investment research, technology, analytics and indices for the global investment management industry, has added new target volatility indices to its growing roster of hedge fund indices.
MPI Hedge Fund Indices are designed to pair monthly hedge fund indices with daily tracker indices comprised of liquid securities that enable daily monitoring of hedge fund performance and risk. MPI will now provide target volatility indices for each tracker, enabling benchmarks to be tailored to a specific investor, allocation or product’s desired risk level.
The MPI Eurekahedge 50 Tracker Index (EHFI401), which is a daily tracker
A London-based company has unveiled a new web-based marketing compliance tool that it says is aiming to transform marketing compliance for the alternative investment fund management (AIFM) industry.
Sales Road Maps Online (SRMO) provides AIFMs with key marketing compliance “rules of the road” for 50 jurisdictions when AIFMs are fundraising worldwide.
SRMO Founder & CEO Cathy Brand says: “We have had so many clients over the years asking us to develop this product. By way of background, all AIFMs must comply with local rules (which differ country-by-country) on marketing their AIFs. To investigate numerous, complex country regulations is a time-consuming
Fulcrum Asset Management has appointed Akio Ohtsuka as Senior Adviser. He is currently Executive Advisor of Sumitomo Mitsui Trust Bank Ltd.
Ohtsuka will provide Fulcrum with strategic insight into the Japanese asset management landscape.
Ohtsuka has worked in many of the most senior roles at Sumitomo Trust & Banking Co Ltd and latterly, Sumitomo Mitsui Trust Bank Ltd, since joining the firm in April 1976. He is widely recognised as a key figure in the financial services and pension market in Japan, where he has spearheaded a drive to increase uptake of alternatives and multi strategy products. From 2012 to
Special Reports
FeatureD
- Insight
