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March this year saw Markov Processes International (MPI) launch hedge fund indices with data from BarclayHedge. The MPI Hedge Fund Indices were designed to deliver performance benchmarks by pairing monthly hedge fund indices with daily tracker indices comprised of liquid securities that enable daily monitoring of hedge fund performance and risk.
This month, Rohtas Handa, (pictured), EVP and Head of Institutional Solutions at MPI, explains that they have added to their hedge fund indices with the addition of target volatility indices for each tracker, enabling benchmarks to be tailored to a specific investor, allocation or product’s desired risk level.
The
LoCorr Funds is reducing the management fees for the LoCorr Macro Strategies Fund and the LoCorr Dynamic Equity Fund. Effective 18 October, the Macro Strategies Fund management fee has been reduced to 1.65 per cent, and the Dynamic Equity Fund management fee has been reduced to 1.50 per cent.
The Dynamic Equity Fund also reduced the expense cap by 0.91 per cent.
The LoCorr Macro Strategies Fund, launched in 2011, is a multi-manager fund combining established investment managers, each with a long history of investment expertise in the managed futures space, but managing distinct strategies: Graham Capital Management (founded
Cross-asset liquidity provider XTX Markets (XTX) has chosen Paris as its post-Brexit EU hub.
XTX has filed an application with the Autorité de Contrôle Prudentiel et de Résolution, the French regulator, to operate a regulated firm in France.
As one of the largest liquidity providers in European equities with a passive market share of continuous trading volumes on lit Pan-European equity venues of over 11.50 per cent and being the third largest FX liquidity provider globally, XTX is opening an office in Paris as part of its preparation for the United Kingdom’s exit from the European Union.
XTX
Bittrex International is to launch a digital trading platform that will feature a streamlined token approval process and provide more trading options for qualified international customers.
This new international trading platform, previously branded as Bittrex Malta, will begin a brief evaluation period during the next few weeks to ensure optimal operations for international customers.
The key feature of the Bittrex International platform will be a streamlined token approval process, which can be completed within weeks instead of months. In addition to the new listing process, token teams will have access to our extensive network of international exchange partners. The
The Supervisory Board of the European Energy Exchange (EEX) has confirmed Chief Financial Officer Iris Weidinger and Chief Executive Officer Peter Reitz (pictured), as members of the Management Board, and extended their mandates by another five-year term.
In addition, Steffen Köhler, in the position of the Chief Operating Officer, Dr Tobias Paulun, in the position of the Chief Strategy Officer and Dr Egbert Laege as the Executive Director Gas Markets will continue to be members of the EEX Management Board.
Dr Thomas Siegl, Chief Risk Officer, will leave the EEX Management Board on 1 November 2018 in order to fully focus on
Hedge fund performance was dragged lower last week by high beta strategies such as L/S Equity and Special Situations, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.
Low beta strategies such as Merger Arbitrage, Relative Value Arbitrage, L/S Equity Market Neutral and CTAs outperformed. On a month to date basis, CTAs also underperformed due to the trend reversal across asset classes earlier in the month. But trend followers were largely spared by the sell-off last week.
Lyxor says: “Based on a sample of 192 liquid funds with data up to 24 October, we provide a
Arcesium, a post-trade technology and professional services firm, is expanding its strategic partnership with JP Morgan Alternative Investment Services, a provider of independent fund administration and comprehensive outsourcing solutions to hedge funds, hybrid funds, and fund of hedge funds.
End users are now able to have their own technology, their own data model, and integration to inbound and outbound systems while effortlessly connecting to their administrator for NAV calculation and all investor-related services and communications.
“We are putting best-in-class technology in the hands of clients without the operational burden of keeping those systems in synch with those of the
LumX Asset Management has been at the forefront of developing innovative alternative investment solutions for more than 25 years. One of the central tenets of its business model is its structured funds platform and structuring business, LumMap, designed to give a highly tailored solution to fund managers and investors, with strong governance, risk controls and deep position-level transparency thanks to its affiliation with LumRisk, an independent subsidiary of the LumX Group.
Previously operated from Jersey, in June 2018 LumX established a platform offering in Ireland, structured as an ICAV master/feeder, giving global institutional investors access to regulated AIFs. All funds
Since 2012, K2 Advisors, one of the industry’s largest hedge fund advisory groups, has been part of Franklin Templeton Investments. It has, in many ways, been an ideal marriage, with K2 bringing alternative fund solutions expertise and Franklin Templeton bringing a distinguished history in traditional registered investments.
Over the last six years, this has led to substantial growth in the firm’s managed account platform, which it uses as one of the building blocks to craft solutions for its institutional business as well as its registered ’40 Act and UCITS business.
As Wilson “Bill” Santos (pictured), Senior Managing Director and Global
The demand among institutional investors for managed account solutions continues to evolve, as they seek out new structuring solutions and vehicles to meet their investment return, liquidity, transparency and jurisdictional needs.
One of the manifestations of this evolution is the emergence of using regulated fund vehicles to optimise their hedge fund allocations, not only in UCITS funds but also Alternative Investment Funds (AIFs) under the European AIFM Directive. Lyxor Asset Management has been operating managed accounts for two decades. Over that time, it has seen, and responded to, changing market dynamics. More recently, this has meant focusing on building out a
