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Centaur Fund Services, an independent fund administrator, has expanded its US footprint with the opening of a new office in Fair Lawn, New Jersey.
This expansion is in response to the growing demand for independent fund administration solutions from North American hedge and private equity funds.
Centaur has also hired two industry specialists who will work closely with Centaur US CEO, Des Johnson, to lead the US operations.
Mase Kazemi joins Centaur as Head of Fund Accounting for Centaur US. Mase brings more than 12 years of experience in management positions in Portfolio Accounting and Operations. Leslie Dewhurst, who
A new foundation focused on using a blockchain protocol to track and measure impact investing has been created by Dr Shaun Conway, a medical doctor and former adviser to the World Health Organisation.
Impact investing is rapidly growing in popularity, with USD114 billion worth of impact investing assets under management according to a recent survey by the Global Impact Investing Network (GIIN).
Conway explains that he has been working on the ixo foundation concept for the past 10 years, the protocol for the past five years and then he founded the ixo foundation just under a year ago.
Virtual data room provider Intralinks has released the initial results of its 2018 LP Survey which, among other things, found that nearly two-thirds of the limited partners (LPs) queried expect to increase their allocations to alternative investments in 2018.
“The equity markets this year are again seeing more volatility. As a result, diversification into actively managed alternative funds continues to be a strong ‘pull’ factor,” says Matthew Porzio, SVP Marketing & Strategic Business Development at Intralinks.
The second annual survey, a collaboration between Intralinks and Global Fund Media, covers a diverse range of topics including investment preferences, the operational due
Northern Trust Hedge Fund Services (NTHFS) is to utilise Donnelley Financial Solutions’ ArcReporting to automate the creation, review and output of financial statements for clients, including alternative investment managers and large institutional investors.
ArcReporting is a software solution designed to manage the increasing challenges and mitigate the risks associated with producing financial reports. Under the agreement, ArcReporting provides a streamlined approach to data aggregation and processing of year-end financial statements for NTHFS clients. The solution also includes enhanced systematic controls such as consistency validations across multiple sets of financial statements, audit trails for changes and version controls.
“Northern Trust
Cinnober has appointed Peter Lenardos as its new Group CFO. Lenardos has past experience in the financial sector as both an investment banker and ranked research analyst, with an international network in the institutional investment community and among global market infrastructure and asset management companies.
The change in management takes place as current CFO Ninni Pramdell has announced her intentions to leave the company for other opportunities.
Since April this year, Lenardos has been active as a Senior Financial Advisor to Cinnober, and previously held the position as a Managing Director in the Royal Bank of Canada’s (RBC) London
NaviCom International Investment, a New York and Hong Kong-based provider of wealth management and alternative investment solutions, has extended its technology platform to provide private investors with entry-level access to alternative solutions that are typically reserved for institutions and ultra-high-net-worth investors.
While entry-level capital requirements have been reduced to align with the capabilities of individual investors, accreditation requirements will continue to apply on a case-by-case basis.
“Alternative investments are an important aspect of how we allocate assets across our private investor portfolios. We have experienced an increase in exposure to alternatives as private investors begin to shift a percentage of
The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.24 per cent loss in May. Year to date, the Index is down 1.76 per cent.
“Large system traders were the hardest hit by trend reversals in fixed income, energy, sugar and cocoa prices,” says Sol Waksman (pictured), founder and president of BarclayHedge.
The new MPI Barclay Elite Systematic Traders Index (MBEST) lost 1.85 per cent in May, Diversified Traders were down 0.64 per cent, Financials and Metals Traders lost 0.44 per cent, and Systematic Traders gave up 0.44 per cent.
“The larger funds are
Fintech specialist Broadridge Financial Solutions is to be added to the S&P 500 Index at the opening of trading on Monday 18 June 2018.
“We are honoured to join the important companies that comprise the S&P 500,” says Rich Daly, CEO of Broadridge. “This reflects the recognition by the investment community of the importance of the work we do to power investing, governance and communications through leading technology-driven solutions. It is also an enormous testament to the hard work and dedication of our associates, our focus on our clients and our commitment to the service-profit chain.”
Broadridge technology links
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for May 2018 measured 1.57 per cent, while hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.52 per cent in June.
“SS&C GlobeOp’s Capital Movement Index for June 2018 rose 0.52 per cent, reflecting positive net flows. While this increase was smaller than the 1.25 per cent gain seen for the same period a year ago in June 2017, it should be noted this comparison was against a very strong result, as the June 2017 gain was the largest single month’s flows since August 2013,” says Bill Stone (pictured),
Institutional investors in the UK and Continental Europe are boosting allocations to alternative income assets, such as infrastructure debt and equity, structured finance, real estate finance and private corporate debt, in the pursuit of stronger risk-adjusted returns and diversification.
That’s according to new research from Aviva Investors which surveyed over 250 pension schemes and insurers in the UK and Europe, and shows UK pension funds are planning the largest increase in allocations to alternative income, bringing their exposure closer in line with insurers in the UK, and pension funds and insurers in Continental Europe.
The study reveals that UK
