Latest News
LUX Fund Technology and Solutions (LUX), a business and technology solutions provider for the alternative asset management industry, has appointed Jeremy Siegel as CEO.
Siegel (pictured), brings 24 years of experience in client relationship management and product and industry knowledge to LUX, having worked with over 500 hedge funds from around the globe helping to grow their businesses through technology, operations and institutional systems. He will be responsible for building out Transcend, the company’s flagship SaaS-based front-to-back office automation technology platform.
Alan Freudenstein, LUX Board Member and Portfolio Manager of Credit Suisse Asset Management’s NEXT Investors, says: “We are
Multi-asset trading services specialist OANDA has launched an institutional trading platform tailored to meet the advanced requirements of professional FX traders, from hedge funds and brokers to CTAs and proprietary trading firms.
Called OANDA Pro, the platform will be powered by State Street’s Currenex, a market-leading provider of high-performance technology and deep pools of liquidity.
OANDA Pro delivers liquidity from multiple streaming banks, non-banks and through the Currenex anonymous ECN into a single consolidated Central Limit Order Book. Offering a robust trading experience supported by a low-latency network, institutional clients can now execute their trades through a fully customisable
While low-cost index-tracking funds continue to experience exponential growth, multi-asset strategies also are giving investors unique opportunities to improve returns by beating the benchmark. In 2017, multi-asset funds recorded the greatest net inflows of any top-level strategy, delivered returns of more than 10 percent and grew their assets by 14 percent.
But handling multi-asset portfolios can also create major operational complexities for asset managers and fund administrators – not least when it comes to data management. Today, 41 percent of managers and 29 percent of administrators do not believe they are effective at visualizing and simplifying complex data.
In our webinar,
By George Ralph, RFA – It feels like the alternative investment sector is experiencing a bit of a hiatus right now; we’ve just dealt with MiFID II and are waiting to see how that beds in and GDPR is just weeks away from taking effect.
Most of our clients are still trying to understand the implications of the latter but have made the infrastructure changes needed and are focused on getting their policies and processes in order. With spring trying desperately to battle through the rain clouds, it feels like a good time to go back to basics, take stock and have
The EQ Derivatives survey finds that alternative risk premia strategies have been adopted by innovative pension funds around the globe since the Global Financial Crisis, with assets invested in the strategies now poised to grow 35 per cent by 2019 to USD67 billion.
Investors — including pension funds, life insurance companies, family offices and private banks — are turning to alternative risk premia due to the diversification benefits, lower fees versus hedge funds and positive performance, according to the firm.
“The 2008 Global Financial Crisis laid bare risks in investments that had seemed diversified. Alternative risk premia have emerged
Sequant Capital, an FCA UK regulated broker, has formed a strategic partnership with HitBTC, one of the world’s largest running cryptocurrency exchanges, to allow improved accessibility to the crypto market.
This partnership provides professional crypto traders with direct market access to crypto assets through an FCA regulated company in the UK.
Traders depositing a minimum of 100 BTC or 1000 ETH with Sequant Capital will have funds stored securely in a cold wallet managed by the broker. That initial collateral, protected by Sequant Capital, will reduce the counterparty’s risks while giving them full advantage of trading on HitBTC –
Fulcrum Asset Management (Fulcrum) has launched the Fulcrum Diversified Liquid Alternatives Fund (the Fund), an unconstrained portfolio investing across real assets, alternative credit and diversifiers.
The Fund has a target return of cash +4 per cent per annum over rolling five-year periods with lower volatility than equity markets. The Fund offers daily liquidity with no performance fees.
The UK-domiciled daily dealing NURS fund will invest in collectives, as well as direct investments and is the first fund to be launched by the new Fulcrum Alternative Strategies team, drawing on long experience of managing portfolios of third-party long-only and hedge
Glencore Agriculture, located in Rotterdam, the Netherlands, and Glencore Ltd of Stamford, Connecticut are to pay a USD2 million CFTC penalty for exceeding cotton futures position limits.
A CFTC Order finds that on multiple trading days during May 2013, June 2013, May 2014, and June 2014, Glencore BV and Glencore Ltd held net positions in the ICE Futures Cotton No2 contracts (cotton futures) that, on an aggregated basis, exceeded the speculative position limits established by the CFTC.
In addition, the CFTC Order finds that on twenty-four occasions between January 2013 and November 2015, Glencore BV and Glencore Ltd. executed
Fund administrator Apex Fund Services (Apex) has appointed Richard Dinn as Global Head of Custody and Depositary Sales following the acquisitions of Deutsche Bank AFS and MM Warburg in Luxembourg.
Dinn brings with him over 20 years of broad industry experience providing consultancy support on fund structures and distribution channels across multiple markets worldwide.
As Global Head of Custody and Depositary Sales, Dinn will be based out of Apex’s Dublin office and will report directly to the recently appointed Chief Revenue Officer, Fred Jacobs. He will be focused on expanding and developing the Apex Group’s presence in the Custody
Liquidnet, a global institutional trading network, has made two enhancements to its Next Gen Algo suite, the company’s premium offering of liquidity-seeking and benchmark strategies designed specifically for institutions.
The newest addition to the Liquidnet Virtual High Touch suite: Targeted Invitations from Algos integrates one of Liquidnet’s most popular liquidity-seeking products with its Next Gen Algo suite. Targeted Invitations allow buyside traders to intelligently seek out liquidity from other asset managers that they may not be actively trying to trade and that may not be available on any blotter. Targeted Invitations from Algos helps automate that process and allows an
