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Tom Mahala (pictured), former Global Head of Capital Introduction and Americas Hedge Fund Relationship Management at BNP Paribas, has launched Layton Road Group, which will offer capital introduction and placement agent services to the alternative asset management community through Profor Securities, a member of FINRA and SIPC.
Profor Securities is a 13-year old broker-dealer and placement agent.
Through its inaugural Outsourced Cap Intro for prime brokers service, Layton Road seeks to expand and enhance the current capital introduction approach traditionally offered directly, in-house by teams within investment banks’ prime brokerage groups. “The traditional approach to capital introduction is fraught with
Align, a provider of technology infrastructure solutions, today announced that it has been named as the Best Global Cloud Services Provider in the Hedgeweek Global Awards 2018.
Align offers multiple managed cloud options tailored to meet individual client needs, including Managed Hybrid, Private and Public Cloud Solutions.
The annual Hedgeweek Global Awards recognise excellence among hedge fund managers and service providers around the world. The awards are based on a “peer review system” whereby readers – including institutional and high net worth investors as well as managers and other industry professionals at fund administrators, prime brokers, custodians and advisers – are
For the second consecutive year, Invast Global has been crowned the Best Specialist Prime Broker at the annual Hedgeweek Global Awards held in the grand ballroom of the Reform Club – a private members’ club on London’s historic Pall Mall.
With a unique peer-review voting structure, the Hedgeweek Global Awards have grown to become one of the most prestigious and eagerly anticipated awards in the global Hedge Fund industry.
During a ceremony in the grand ballroom of the Reform Club in London’s Mayfair district, Australian-based, multi-asset prime broker, Invast Global has been voted Hedgeweek Global Awards 2018 ‘Best Specialist
LiquidityBook, a Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, has named Matthew Howard as Head of Asia-Pacific Client Service.
Based in London, Howard (pictured), will work alongside Nick Thompson, who joined the firm last year and leads LiquidityBook’s EMEA support organisation. Howard will be responsible for overseeing all service and deployment needs for its growing user base in the Asia-Pacific region, augmenting the firm’s existing coverage group.
Howard brings nearly 20 years of experience in the trading industry. He joins from Schneider Trading Associates, a leading multi-asset brokerage facilitation firm, where he spent almost 15 years, most
A dramatic reshaping of the hedge fund landscape continued in 2017, as the percentage of new funds employing equity-based strategies fell significantly for the second year in a row, according to the Seward & Kissel 2017 New Hedge Fund Study.
Since 2015, when eight out of 10 new hedge funds used equity-based strategies – a record high in the Seward & Kissel Study – that share has now fallen to just 56 per cent, the lowest level since the Study’s inception in 2011.
The 2017 study marks the first time since 2011 that the number of non-equity-related funds has
The average return of the global hedge fund industry was pulled into negative territory in February as markets experienced sharp reversals, with trend following CTA/managed futures and long/short equities strategies lagging behind the pack.
That’s according to the latest figures from Eurekahedge which reveal that the Eurekahedge Hedge Fund Index was down 1.64 per cent in February as volatility levels spiked across the board and unravelled the volatility risk premium trade. Despite steep losses during the month, hedge funds have protected on the downside and managed to outperform underlying markets as the MSCI AC World Index (Local) declined 3.68 per
Alternative investments specialist Investcorp has partnered with Shoals Capital Management (Shoals), which currently manages approximately USD160 million in an event driven strategy investing across capital structure and sub-sectors in the financials sector.
Investcorp and other institutional investors, including a large US pension plan, have provided strategic capital to Shoals.
“We are excited to announce our investment with Shoals, as we believe it is one of the very few managers that measures the evolving regulatory framework’s impact on fundamental investment analysis across asset classes to inform portfolio decisions,” says Lionel Erdely (pictured), Head and Chief Investment Officer of Investcorp’s Alternative
Alter Domus, a fund and corporate services provider is now able to offer third party Alternative Investment Fund Manager (AIFM) services following its acquisition of Luxembourg Fund Partners, a Super Manco with Chapter 15 (UCITS) and AIFM authorisations.
Founded in 2009, Luxembourg Fund Partners was one of the first Luxembourg-based independent management companies to comply with the Alternative Investment Fund Managers’ Directive (AIFMD).
Following the acquisition, the company has changed its name to Alter Domus Management Company SA, a wholly owned subsidiary of Alter Domus, providing solutions for international fund managers seeking UCITS or AIFM services in an open
fundinfo, a fund information and research platform, is joining forces with the Luxembourg-based fund data management expert, F2C.
The deal will see F2C become a part of the fundinfo Group, creating a one stop shop for asset managers with a single offering for all their fund data management, publication and dissemination needs. This will allow asset managers to consolidate their vendor relationships and streamline data processes to reduce complexity, improve transparency and enable automated regulatory reporting under MiFID II and PRIIPS.
Since its launch in 2005, fundinfo has become a leading provider of services for asset managers in Europe
FIX Trading Community has published Release Candidate 3 for FIX Orchestra for public review, to help the industry move further towards standardisation and automation of rules of engagement and deliver major efficiencies to the counterparty onboarding process.
This will enable firms to define their service offerings in an entirely systematic way, allowing them to certify their flows faster and with greater accuracy, while significantly reducing the need for manual intervention.
FIX Orchestra was conceived as machine readable rules of engagement between counterparties. As such, it is a standard for the exchange of metadata about the behaviour of FIX applications that will allow adopters of not only FIX,
