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Hedge Invest SGR, an independent asset manager, specialised in alternative investments, has broadened its range of UCITS funds with the launch of HI QuantWave, a systematic quantitative fund with daily liquidity.
The fund aims to generating alpha regardless of market conditions, through an innovative proprietary system of Artificial Intelligence (AI), based also on the analysis of Big Data coming from sources such as Twitter.
The strategy – a multi-strategy and multi-asset one – with an annual performance target of 10-15 per cent net of fees and a volatility target of 10-12 per cent, seizes on the potential offered by
By Eze Castle Integration – Times have changed. There is little doubt that the alternate investment industry has evolved in recent years with the rise of new regulations, the wide spread adoption of cloud services and deep focus on cybersecurity risks.
But what effect do these changes have for the person responsible for technology at a hedge fund, private equity or investment firm? As a Chief Technology Officer (or comparable role: Director of IT, Chief Information Officer, etc.), one has historically been responsible for day-to-day IT functions and routine technology refreshes. But as the industry has experienced rapid change over
By Mary Beth Hamilton, Eze Castle Integration – Hedge fund assets have hit record highs in each of the five past quarters, to some $3.2 trillion, and will grow by 5.5% over the next 12 months, according to Don Steinbrugge, head of Agecroft Partners. With this performance and 2018 well started, new hedge funds are looking to launch.
Technology is just one of the many areas to consider when starting a hedge fund. To help jump start the process, below is a list of some commonly asked questions we receive.
Where do I start in creating a technology budget for my hedge
big xyt, an independent provider of high-volume, smart data and analytics capabilities, has added enhanced functionality on its Liquidity Cockpit dashboard, designed to provide greater transparency on over-the-counter (OTC) equities activity, including Systematic Internaliser (SI) transactions.
The latest functionality, called ‘Liquidity Type’, has been developed in response to a strong desire among practitioners for the identification of addressable activity within OTC and SI trade reports. It has become apparent that a high proportion of activity labelled as SI is non-addressable, such as technical trades. This is also evidence that SI transactions are being reported twice, as participants continue to become
GridGain Systems, a provider of enterprise-grade in-memory computing solutions based on Apache Ignite, has launched GridGain Professional Edition 2.4, a fully supported version of Apache Ignite 2.4.
GridGain Professional Edition 2.4 now includes a Continuous Learning Framework, which includes machine learning and a multilayer perceptron (MLP) neural network that enable companies to run machine and deep learning algorithms against their petabyte-scale operational datasets in real-time. Companies can now build and continuously update models at in-memory speeds and with massive horizontal scalability. GridGain Professional Edition 2.4 also enhances the performance of Apache® Spark by introducing an API for Apache Spark DataFrames, adding
FlexTrade has integrated Kensho Technologies pre-trade analytics solution into the FlexTRADER EMS, which provides a detailed, real-time event feed to assist a trader’s decision-making process when executing a trade.
“This integration with Kensho brings a unique level of ‘market context’ to the FlexTRADER blotter,” says Andy Mahoney (pictured), Head of Sales at FlexTrade UK. “By including Kensho data in pre-trade and real-time analysis, we ensure that traders will receive a more meaningful picture of performance.”
Kensho captures events to surface company-specific key developments, such as product launches, mergers and acquisitions or corporate announcements. These events come from reputable news outlets
Shield Financial Compliance (Shield FC) has launched a new version of its data management platform for capturing, archiving, analysing and investigating electronic communication (eComms) to meet the growing record-keeping, data governance and best execution requirements of financial firms.
MiFID II, GDPR, MAR, Dodd Frank and FINRA require financial institutions to capture, protect and archive every single interaction for a prescribed period (five-seven). In the event of an investigation, firms need to perform trade reconstruction of a complete omni-channel communication chain in a timely manner (three-five days). Meeting these requirements can be challenging due to widespread adoption of new communication technologies
Blackstone’s (NYSE:BX) Strategic Capital Holdings Fund has acquired a passive minority stake in PAG, a leading Asia-focused alternative investment firm.
Blackstone’s Strategic Capital Holdings Fund is part of Blackstone Alternative Asset Management (BAAM), and specialises in minority partnerships with leading alternative asset managers.
PAG, based in Hong Kong, is one of the largest independent alternative asset firms in Asia, with more than USD20 billion in capital under management in private equity, absolute return and real estate strategies.
Terms of the deal have not been disclosed.
“We welcome this investment in our business by Blackstone’s Strategic Capital Holdings
The Foreign Exchange Professionals Association (FXPA) voted in a slate of new Board members at its annual meeting on 6 March, re-electing Chip Lowry, Senior Managing Director at State Street Global Markets, as Chairman, and Sean Tully, Senior Managing Director at CME Group, as Treasurer.
Members new to the Board include Lisa Shemie, Chief Legal Officer, Cboe FX and Cboe SEF; Jill Sigelbaum, head of FXall, Thomson Reuters; and Christopher Matsko, Head of FX Trading Services, Portware. Members re-elected to the Board include: Jason Vitale, COO FX & Head of Client Execution, BNY Mellon Global Markets; Jonathon O’Donnell, Investment Manager, CalPERS; Tahreem Kampton, Senior
A shifting fiscal regime and strong sector dynamics are likely to bode well for Merger Arbitrage in 2018, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.
The backdrop is favourable, with US assets ageing, digitalisation soaring, low funding costs remaining low and executive confidence still strong.
Lyxor writes: “The tax reform should support the corporate activity amid companies’ tax savings and repatriated foreign cash. Consolidation will be another key theme: TMT, Healthcare and Industrials are facing structural shifts.”
“Multiple themes (political pressures, antitrust risk, elevated valuations, etc) suggest 2018 will not be short of
