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Picton Mahoney Asset Management (Picton Mahoney) has added three Fortified Alternative Funds to its existing Fortified Fund family. providing Canadian retail investors with additional access to the sophisticated hedging techniques and alternative investing strategies that Picton Mahoney has been offering since 2004.
“Today is an extremely exciting day for Picton Mahoney. We think the timing is excellent to be able to provide Canadian retail investors with more tools to better position their portfolios against the emerging headwinds of tomorrow’s markets,” says David Picton, President and Chief Executive Officer, Picton Mahoney. “We are pleased to expand our family of Fortified Funds
Northern Trust (Nasdaq: NTRS) has launched an outsourced trading capability designed to help asset owners and asset managers achieve better overall trading and performance outcomes.
The capability – Integrated Trading Solutions (ITS) – combines Northern Trust’s proven trading experience in equities and fixed income with comprehensive access to global markets, trading venues and liquidity. ITS enables seamless integration using advanced technology across trade execution, middle office, matching and settlement. The potential benefits to our clients may be reduced costs and reduced risks, while enabling the achievement of Best Execution* obligations.
“Institutional investors are at a tipping point, faced with unprecedented
James Williams, managing editor at Hedgeweek, assesses how data analytics techniques can be used to personalise client experiences for investment managers.
The amount of data is growing exponentially. According to IDC, there were 16.3 zettabytes of information generated in 2017 alone; one zettabyte is 1 billion terabytes. However you cut it, that’s a huge number. One that is too large to comprehend. In simplistic terms, according to one industry professional “if every piece of data were a penny, it would cover the earth’s surface five times over”. Indeed, with Amazon and Apple both hitting the trillion dollar market cap mark,
Hang Seng Indexes Company Limited (‘Hang Seng Indexes’) announced it has licensed the Total Return Index (TRI) Series of the Hang Seng Index and the Hang Seng China Enterprises Index, to Hong Kong Exchanges and Clearing Limited (HKEX) to serve as underlying indexes for the creation of four index futures.
The TRI Series includes: Hang Seng Index (Gross Total Return Index); Hang Seng Index (Net Total Return Index); Hang Seng China Enterprises Index (Gross Total Return Index); and Hang Seng China Enterprises Index (Net Total Return Index).
Unlike price indexes that only measure the price performance of constituents, the
Northstar Risk Corp, a start-up risk management software company, has appointed Glen Wolyner as COO and President.
“I was attracted by the company’s mission to build the market’s best software solution to help hedge funds better manage risk and understand performance. The two biggest reasons for hedge fund redemptions and failures are poor performance and lack of transparency as it relates to risk,” says Wolyner. “Funds that understand their risk perform better than ones that don’t. With management fees under pressure, investors cannot afford to ignore risk. This is survival of the smartest.”
Wolyner comes to Northstar with decades
You may have read in our recent blog posts that October is National Cybersecurity Awareness Month. Of course, at Eze Castle Integration, we love to talk about IT security for alternative investment and professional services firms.
To participate in National Cybersecurity Awareness Month, Eze Castle Integration is launching a Cybersecurity Educational Series to guide the alternative investment industry through the complex and evolving cybersecurity environment. This educational series will include the launch of an online Cybersecurity Information Center, three new whitepapers and a series of educational webinars.
The Information Center features videos, guidebooks and articles on the latest
By Olivia Munro (pictured), Eze Castle Integration – From a personal perspective, there are a variety of reasons that individuals update applications on their personal devices (think mobile phone or iPad). For example, with Social Media applications drivers to update include new features, faster load times, and bug fixes. But from a business perspective, it is imperative to keep applications up to date on your devices.
Here’s our take on benefits of keeping applications up to date, why it’s crucial from a security perspective, and some of the potential risks of legacy applications.
BENEFITS:
Improved Performance
Similar to your personal devices, updating applications
Getnick & Getnick LLP and co-counsel Labaton Sucharow LLP have secured a major USD30 million settlement in the second stage of the largest ever tax whistleblower recovery in New York state history.
The settlement announced by New York Attorney General Barbara Underwood follows a related USD40 million settlement in April 2017, bringing the total recovery to USD70 million.
The Relator, whose identity remains protected, will receive 22 per cent of today’s settlement (USD6.6 million).
Getnick and Labaton represent the Relator in a tax evasion case brought against Harbinger Capital Partners Offshore Manager LLC, the investment manager for New
The Managed Funds Association (MFA) has announced its 2018-2019 board of directors which will provide governance oversight to the association and help guide the its advocacy, education, and communication efforts on global issues impacting the alternative investment industry.
MFA’s returning officers are: Board Chair Michael S Harris, president, Campbell & Company, LP., and Vice Chair Jon Hitchon, Managing Director, Chief Operating Officer, Two Sigma Investments, LP. Joe Wiggins, Partner and US Leader of PricewaterhouseCoopers Assurance Alternatives Practice, PricewaterhouseCoopers LLP, will serve as Secretary and Treasurer.
“I am proud to welcome new and returning Board Members as MFA continues to
Investment fund assets worldwide increased by 4.4 per cent to EUR45.65 trillion at end Q2 2018, according to the European Fund and Asset Management Association’s (EFAMA) latest International Statistical Release.
In US dollar terms, due to the appreciation of the US dollar, worldwide investment fund assets decreased by 1.3 per cent to stand at USD 53.22 trillion at end Q2 2018.
Net cash inflows into funds worldwide amounted to EUR190 billion, down from EUR502 billion in Q1 2018. Net inflows reached EUR29 billion in Europe, compared to EUR113 billion in the United States.
Long-term funds (all funds excluding money
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