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The Eurekahedge Hedge Fund Index was down 2.36 per cent year to date as of November 2018, in contrast to the 8.45 per cent gain made in 2017, which turned out to be the best year for hedge funds and equity markets since 2013.
That’s according to the latest Eurekahedge Report which reveals that the first quarter of 2018 saw the return of market volatility, which pushed nearly every major strategic mandate down into the red in February. CTA/managed futures hedge funds suffered the heftiest losses, with the Eurekahedge CTA/Managed Futures Hedge Fund Index down 4.12 per cent in February
An overwhelming majority (85 per cent) of financial services professionals predict that demand for RegTech solutions will continue to grow until at least 2020 as the wave of new regulation a decade after the financial crisis shows no sign of abating.
Intertrust, a global leader in providing expert administrative services to clients operating and investing in the international business environment, surveyed over 500 executives covering the asset management, corporate, capital markets and private wealth sectors to identify the impact of RegTech on mounting regulatory and compliance obligations.
Private equity professionals predict the highest levels of demand for RegTech solutions
On 19 and 20 March, 2019, just 10 days before the UK intends to leave the European Union, ABN AMRO Clearing will be hosting the 8th edition of its hugely popular Amsterdam Investor Forum; a leading forum for institutional investors and alternative investment managers.
Over the years it has become a landmark alternative investment event in the region and has continued to expand its reach, attracting global fund managers and investors. With Brexit casting a shadow and no doubt continued geopolitical forces, including the US/China trade war, shaping the markets as we head in to 2019, the timing of the
FIX Trading Community, the non-profit, industry-driven standards body at the heart of global financial trading, is to hold the EMEA Trading Conference on 14 March 2019 in association with a number of Trade Associations, including: The Association for Financial Markets in Europe, AFME, International Capital Market Association, ICMA, the European Debt Market Association, EDMA, and the German Investment Funds Association, BVI.
Regarded as the biggest one-day trading event in the region, the EMEA Trading Conference brings together key personnel in the industry to discuss issues that are impacting market participants. This new initiative, inviting the Trade Associations into the heart of
Lyxor Asset Management has appointed Dan Rizzuto as Head of Business Development of its US-based business, Lyxor Asset Management Inc (Lyxor Americas).
Rizzuto brings decades of experience to the role and has an extensive record of managing business development and investor relations teams in the alternative investments industry. He assumes the role from Andrew Dabinett, who was promoted to CEO of Lyxor Americas in August 2018.
Lyxor Americas was established in 1999 and is comprised of hedge fund research, due diligence, risk, portfolio management, and structuring teams providing fiduciary management services and helping clients allocate to alternative strategies more effectively.
EPIC Holdings is to acquire Integro Holdings, a specialty insurance brokerage and consulting business in the US with revenue in excess of USD150 million.
Financial terms of the proposed transaction have not been disclosed.
Integro USA brings to EPIC expertise that is well-aligned with EPIC’s diverse insurance distribution platform. Areas of focus include:
Entertainment & Sports: focus in music & events; theatre & venues; film, TV & media; sports associations & amateur sports; and racing & motor sport.
Specialty: leading provider of insurance brokerage services to Professional Services Firms (accountants, lawyers, hedge funds, asset managers, architects & engineers) and Transportation & Logistics
The value of regulated funds serviced in Jersey has broken through the GBP300 billion barrier for the first time, according to the latest figures to be collated by the jurisdiction’s regulator the Jersey Financial Services Commission (JFSC).
Figures for the third quarter of 2018 (ending 30 September 2018) show that the net asset value of regulated funds under administration in Jersey grew 14 per cent year-on-year to stand at GBP301.7 billion, the highest recorded figure to date.
The statistics also show that all the alternative asset classes, which represent 82 per cent of Jersey’s total funds business, recorded an
By Shankar Iyer CEO, Viteos – Shadow-accounting has moved beyond the simple verification of Net Asset Value (NAV). Outsourcing the in-house accounting function, in part or full, is increasingly recognised as bringing significant value to the business via automation and best industry practices, which may not be in the purvey of internal teams, principally because the shadow provider performs these practices across various managers and funds.
Indeed, scalability in this context can work two ways: not only does shadow-accounting empower fund managers to freely explore new asset classes or investment strategies, and provide operational flexibility, it allows them to work
Managed Funds Association (MFA), a trade association for the global hedge fund industry, has appointed Mark Epley as Executive Vice President & Managing Director, General Counsel, effective 19 February 2019.
Epley (pictured), will join MFA from the Office of the Speaker of the US House of Representatives, where he serves as senior advisor and general counsel.
“Mark has earned a distinguished reputation as a skilled lawyer and advisor with a deep understanding of Washington and matters important to our members. His expertise will help advance our efforts to keep in place policies that work well, fine tune those that
Backstop Solutions Group, a cloud-based productivity suite provider for institutional and alternative investors, is to acquire BarclayHedge, a provider of alternative investment data and indices.
With proprietary access to the 2,200 alternative investment managers and 6,900 funds tracked by BarclayHedge, Backstop will be able to offer institutional clients a combination of technology, tools, services, and data to help optimise their research management and due diligence workflows. Alternative asset managers who currently report to BarclayHedge will also benefit by having their exposure to asset owners potentially triple when the client communities of both Backstop and BarclayHedge are combined.
Clint Coghill
