Latest News
The Eurekahedge Hedge Fund Index slumped 2.19 per cent in the volatile month of October, bringing year-to-date returns down to -2.08 per cent. The MSCI AC World Index (Local) declined 7.33 per cent in what turned out to be the worst month for both the hedge fund industry and the global equity market since 2011.
North American hedge fund managers lost 2.25 per cent over the month as underlying equity markets slumped despite robust economic fundamentals and the strong third quarter corporate earnings season in the US.
Over in Asia, concerns over slowing economic growth and the Fed’s
QMA, the quantitative equity and global multi-asset solutions manager of PGIM, has acquired Wadhwani Asset Management (WAM), a London-based quantitative macro-focused investment management firm.
Upon closing, WAM, which runs quantitative macro hedge funds and risk premia strategies, will become part of the QMA business.
Subject to all regulatory approvals, the deal is expected to close in the first quarter of 2019. Upon completion, the existing WAM investment platform will operate independently of QMA’s investment platform, with WAM founder Dr Sushil Wadhwani continuing to serve as its chief investment officer. The acquisition will bolster QMA’s global build-out efforts, and QMA
What technology capability will separate the winners from the losers in today’s cost-cutting environment? Find out by replaying this Global Fund Media webinar, moderated by James Williams, with an expert panel including: Jason Baldesare, Director, Strategy and Solutions Management, Buy-Side Solutions, FIS; Adrian Holt, Product Manager and Strategy Owner, FIS; Jason Stevens, CTO, Ultimus Fund Solutions, LLC; and Simon Bodjanski, Senior Relationship Management Director, TMF Group…
As risk continues to grow, so too is the sophistication of risk management systems. Innovative technology and services can put fund administrators in a stronger position to manage cyber, reputational, regulatory and operational risks
Replay this Global Fund Media webinar – “racking the Next Gen of Liquid Alts: Private Equity – which was held in partnership with Gemini, to hear expert panelists explain how their investment vehicles provide investors with private equity exposure…
Fund types/topics/panelists include:
PANELISTS:
Eric Bundonis, Portfolio Manager, Artivest (Registered Interval Fund)
David Armstrong, Portfolio Manager, Good Harbor Financial, LLC (Registered Open-End Fund)
Dominique Severino, Partner, Orthogon Partners (Private Closed-End Fund)
David Young, President of Gemini’s Private Fund Services, will discuss how to leverage a Dedicated Managed Account (DMA) structure to have Private Equity exposure
MODERATOR: James Williams, Managing Editor, Private Equity Wire
Press the play
International Solutions Network (ISN), a San Francisco-based consulting company with offices in London and New York City, has joined the Investment Association’s (IA) Velocity FinTech Accelerator as a Consulting Company Partner.
ISN a capital markets and FinTech consulting company and developer of integrated capital markets platforms and solutions, will work to support the wider FinTech community on new data sets, new indices, pre-trade discovery, trading, risk and analytics solutions.
The teams at ISN and Velocity will explore new opportunities and provide valuable insights on market development, both in the UK and internationally, for the benefit of the sector.
RSRCHXchange, a research marketplace and aggregator, has launched a new ESG (Environmental, Social and Governance) initiative with dedicated functionality on its RSRCHX platform focusing on specialist ESG research.
RSRCHXchange says that with concerns around responsible investing becoming increasingly prevalent, ESG research has seen a large rise in popularity, helping investors ensure they are able to direct their funds into sustainable opportunities which take the long-term picture into account.
With issues such as climate change and company management recently being brought into stark focus, many are turning to ESG research to ensure their portfolios continue to comply and attract a
The Marlborough Group has appointed Richard Goodall to its board as Director of Strategy and Business Development to help capitalise on market opportunities and drive continued growth.
Goodall, who has over 30 years’ financial services experience, joins from Parmenion, where he was Distribution and Marketing Director. Previously he held senior roles with SEI and Ascentric.
The Marlborough Group includes UK-authorised and offshore fund management companies; an investment management business providing discretionary fund management services; and a fund services business, providing Authorised Corporate Director (ACD) and fund hosting services.
Wayne Green, Director of Marlborough Group, says: “We are delighted
B2BX Exchange, a digital asset trading platform, has received approval for a regulatory licence from the Estonian Financial Intelligence Unit (FIU).
The licence means that B2BX will be able to operate as a completely regulated exchange for trading cryptocurrencies and makes it one of the first exchanges in Europe to secure this form of recognition.
B2BX Exchange, part of the B2Broker group of companies, applied for its licence in Estonia due to the country’s reputation for being highly innovative and technology-friendly. Furthermore, the EU-member country continues to take a leading stance in the advancement of blockchain technologies and cryptocurrency
Benguela Global Fund Managers, a fundamental research-driven and quality-focused investment manager, has selected Prescient Fund Services (Ireland) Limited as the UCITS Management Company (ManCo) and Fund Administrator for its latest fund, the Benguela Global Equity Fund, which launched last month.
The Benguela Global Equity Fund, which is a sub-fund of Prescient Global Funds, seeks to outperform the MSCI All Country World Index over the long-term through investment in high-quality listed shares and other UCITS-eligible investments. Benguela believes that investing in attractively priced, high-quality securities as determined by Benguela’s rigorous investment process (also incorporating ESG factors), substantially enhances investment outcomes and
The Investment Management Due Diligence Association (IMDDA), an exclusive investor-based organisation dedicated to the professionals who investigate facts concerning investment programs, has opened applications for the first class of its new professional due diligence designation.
The IMDDA’s Chartered Due Diligence Analyst (CDDA) will be an internationally recognised designation developed to ISO 17024 and ANSI accreditation standards that rigorously tests for aptitude and expertise in due diligence. Each person who passes the exam becomes a Chartered Due Diligence Analyst (CDDA), a designation that denotes one as an authority in the due diligence field.
Registration for the first class of CDDA
