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Law firm Dillon Eustace has been named as the top legal adviser to Irish domiciled funds in 2018, in the 24th edition of the Monterey Insight Ireland Fund Report.
The firm’s Asset Management and Funds practice, which across all product types from traditional UCITS, ETFs, money market funds and alternative UCITS, to the full spectrum of Alternative Investment Funds (AIFs) such as hedge, funds of funds, real estate, infrastructure, loan and private equity funds, advised 1,113 Irish domiciled funds over the last year.
Donnacha O’Connor (pictured), Head of Asset Management and Investment Funds, says: “We are delighted to be
Hedge funds continued to decline in December, largely driven by L/S Equity (and to some extent CTAs), according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.
L/S Equity strategies continued to suffer from the unusual level of uncertainty overshadowing stock fundamentals and unsettling quant factors.
Lyxor writes: “Overcrowded positioning was another challenge for stock pickers, all looking for the same scarce cheap stocks with stable growth. The rotation out of Momentum and Growth stocks, with a limited cushion from Quality and Defensive ones, impacted managers despite their cautious leverage and net exposures.”
“The rise in
Societe Generale Prime Services has announced the constituents for its range of 2019 CTA indices, following an annual review.
There are three additional constituents to the flagship SG CTA Index, one re-entry to the SG Trend Index for 2019, and one re-entry to the SG Short-Term Traders Index for 2019.
Tom Wrobel (pictured), Director of Alternative Investments Consulting at Societe Generale Prime Services, says: “We are delighted to welcome two new additions to our SG CTA Index in 2019: ADG Capital Management and Capital Fund Management (CFM), whose recent growth has propelled them into the index. Further, we are
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for November 2018 measured -1.32 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.67 per cent in December.
“SS&C GlobeOp’s Capital Movement Index rose 0.67 per cent for December 2018, an improvement from the -0.13 per cent reported for the same period a year ago for December 2017,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies.
“It’s noteworthy that this is the second consecutive month of year-over-year improvement in net flows and comes against a backdrop of
Stone Harbor Investment Partners (Stone Harbor), a manager of emerging markets credit strategies, global high yield credit strategies, and multi-sector credit strategies, has appointed Jim Craige, Head of Emerging Markets, as co-CIO.
Craige will serve alongside Managing Partner and now co-CIO, Peter Wilby. Having worked side by side as portfolio managers since 1992, Jim and Peter will continue to work together closely in leading Stone Harbor’s investment focus. Craige will retain his position as Head of Emerging Markets with overall oversight of the asset class, supported by the existing broad team including industry veterans Stuart Sclater-Booth and Kumaran Damodaran, both
Fitz Partners Fund Charges databases will now include new criteria intended to allow an even more precise fee benchmarking of funds falling in between active and passive management.
The company says the fund industry is changing, and what was once a clear divide between active and passive products has been getting less and less obvious and requires further granularity when it comes to reviewing fund product costs.
Hugues Gillibert (pictured), Fitz Partners CEO, says: “While comparison of fund products performance might primarily focus on funds’ objectives, this approach shows significant limitation when used in the area of funds costs.
It is very easy to look at the price of bitcoin and assume that it is way too volatile, perhaps even worthless, and unworthy of wasting one’s investment dollars on. At USD3,236 the price is way off the heights of last December, when it spiked over USD19,000.
But regardless of what one thinks of cryptocurrencies like Bitcoin, Ether and other variants, they are but one manifestation of a new digital era that could change the very fabric of how we live and, more importantly, do business.
Underpinning cryptocurrencies, and every ICO you hear about being launched, is blockchain technology.
Global
Tradex Global Advisors, a privately held hedge fund, has acquired JCL Capital Partners and launched Tradex Realty Partners, a real estate finance company that originates and/or acquires senior loans collateralised by institutional quality real estate in well-located, supply constrained markets.
Tradex Global Advisors has also added John C Lettera as a Partner.
Lettera has over 19 years of legal experience and over 25 years experience in real estate debt originations and acquisitions as well as equity investing. John has extensive experience in structuring complex real estate debt transactions. John founded and successfully managed JCL Capital Partners, establishing itself as a preeminent
GTS, an electronic market maker across global financial instruments, has acquired an ownership stake in Wavelength Capital Management, a New York-based systematic investment firm.
Wavelength was founded five years ago as an independent investment management firm specialising in liquid, transparent, and cost-effective investment solutions designed to protect assets and produce consistent returns in any economic environment. The firm invests using a systematic, research-driven approach that applies quantitative tools to process fundamental economic and market information. Wavelength’s flagship fixed income mutual fund, the Wavelength Interest Rate Neutral Fund (WAVLX), seeks to generate consistent returns in any interest rate environment using systematic
Incident response planning has become a key requirement for all types of businesses, not just financial firms, as people try to maintain a strong security posture in the face of increasingly sophisticated cyber attacks. Knowing how to achieve this, however, is a detailed exercise in which companies must invest sufficient attention.
This was the focus of a recent webinar hosted by Eze Castle Integration entitled, “Cybersecurity Incident Response: Before, During and After”, hosted by ECI Certified Business Continuity and Data Privacy Consultants, Matt Donahue and Jeremy Ross.
An incident response lifecycle approach has four separate parts: i) Preparation, ii) Detection
