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Agecroft Partners has chosen four non-profit organisations to be the primary beneficiaries of the Gaining the Edge – 2018 Hedge Fund Investor Leadership Conference, which will take place in New York City on 5-6 November 2018.
The four primary beneficiaries are Help For Children/Hedge Funds Care, The Peter Paul Development Center, Elk Hill, and the Virginia Home for Boys and Girls.
Since 2013 Agecroft Partners has committed to improving the lives of children through donating 100 per cent of the profits from its conferences. Through the end of 2018 Agecroft Partners expects to have contributed over USD700,000 to non-profits
Specialist insurance provider, CFC, has launched its first insurance solution for financial institutions. CFC’s Investment Management Insurance (IMI) policy is the first in a suite of products designed to address the challenging risk environment faced by investment managers.
Combining its heritage in cyber and technology insurance with expertise in financial institutions, CFC’s IMI product knits together the traditional cover that investment managers require with comprehensive cover for emerging risks including cyber and kidnap and ransom, into a single policy.
Cover is provided for management liability, professional liability, crime, and regulatory investigations, and cyber coverage can be easily added on
Rational Funds, a family of funds rooted in the investment philosophy of applying a rational approach to investing, has launched the Rational Funds Income Opportunities Fund (RTFIX).
The Fund offers a Commercial Mortgage Backed Securities (CMBS) strategy, and will be sub-advised by Cicero Capital Partners, which has managed a similar strategy in hedge fund form since September 2011.
RTFIX offers an alternative, tactically managed, fixed income strategy focused on mitigating risk while generating stable monthly cash flow. To achieve this, the Fund invests primarily in commercial mortgage backed securities (CMBS) and other commercial real estate structured securities such as
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -0.27 per cent in May, underperforming the 0.26 per cent monthly return of the HFRX Global Hedge Fund Index.
The Wilshire Liquid Alternative Index family is a joint offering between Wilshire Funds Management, the global investment management business unit of Wilshire Associates Incorporated, and Wilshire Analytics, creator of the Wilshire 5000 Total Market Index.
“May experienced heightened volatility following political uncertainty in Europe and concerns related to global trade tensions,” says Jason Schwarz (pictured), President of Wilshire Funds Management
Hedge Funds were up 0.90 per cent in May according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 2.41 per cent increase in the S&P 500 Total Return Index. Year to date, the Barclay Index is up 1.16 per cent, while the S&P has gained 2.02 per cent.
“Biotech and information technology led stock markets higher in developed economies, while emerging market equities continued lower for another month,” says Sol Waksman (pictured), founder and president of BarclayHedge.
All but two of Barclay’s 17 hedge fund indices had gains in May. Healthcare & Biotechnology jumped 4.88 per cent, adding
Lawson Connor is offering existing and new clients exclusive opportunities to join WeWork, a space and services provider with a presence in 50 metropolitan locations.
WeWork provides flexible workspaces and scalable business services and currently has more than 250 physical locations in over 74 cities and 22 countries around the world.
This new offering is being added to Lawson Connor’s existing range of business services which includes: Outsourced Investment Management Services, Regulatory Hosting, Compliance Software, Managed Compliance, AML Services and Company Secretarial Services.
Alex Garabedian, Strategy & Operations at Lawson Conner, says: “We are excited to launch this new
Martin Currie has appointed Julian Ide as its Head of Distribution and Strategy.
Ide will have responsibility for further broadening and building Martin Currie’s global distribution capability across geographies and solutions.
Ide joins Martin Currie’s six-strong Executive team based in Edinburgh, and will work collaboratively with them to drive the company’s distribution ambitions.
This key strategic hire is the fourth for the business since the turn of the year and follows the appointment of Zehrid Osmani, who joined in May from BlackRock, as Head of the Global Long Term Unconstrained Team.
Ide brings over 25 years’ experience
Dash Financial Technologies, the provider of multi-asset trading technology and execution services platforms, has appointed Glenn Lesko (pictured), as Chief Growth Officer.
Reporting directly to CEO Peter Maragos, Lesko will be responsible for driving the firm’s revenue growth objectives globally, both organically and inorganically.
Lesko, a chartered financial analyst (CFA), brings nearly 30 years of experience, most of it spent working to deliver global, multi-asset trading solutions to the buy side. Most recently he served as CEO of Bloomberg Tradebook. Prior to that he spent nearly 10 years at Instinet, serving as CEO of Instinet Asia and later head
Hedge fund managers ended May in the green, with the Eurekahedge Hedge Fund Index up 0.18 per cent over the month, trailing behind the 0.84 per cent gain posted by the MSCI AC World Index over the same period.
On a year-to-date basis, fund managers gained 0.32 per cent with 14 per cent of them posting returns in excess of 5 per cent.
North American fund managers topped the table among geographic mandates, gaining 1.14 per cent supported by the region’s equity markets which performed well during the month. The S&P 500 index gained 2.16 per cent in
Total assets under management for the alternative assets industry in Europe reached a record EUR1.48 trillion as of September 2017, according to a new report from Amundi and Preqin.
Growth has been driven by strong inflows of capital: Europe-focused private capital funds – including private equity, private debt, real estate and real assets – secured a record EUR184bn in 2017, having seen annual totals increase every year since 2011. At the same time, 52 per cent of Europe-based hedge fund managers saw net inflows in 2017 – the highest proportion of any region – as the industry recorded EUR27 billion
