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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
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
