Latest News
By Nick Bayley (pictured), Duff & Phelps – It’s 3 January 2018. Hallelujah! Christmas has been and gone. The festive cheer over for another year. But there’s one more gift welcoming everyone as they head back to their offices: MiFID II has officially come into effect.
What now you ask? What should you focus in on as a matter of priority, as your funds business prepares for life under this new regime?
Regulators don’t like talking about regulatory forbearance but there has already been a certain amount of this with respect to MiFID II. That said, there are certain regulatory
Following on from the GP survey it produced earlier this year, SEI once again partnered with Preqin, this time to garner the views of investors to understand how they approaching alternative asset investing.
OP Investment Management (OPIM) has launched OP FundSeeder (OPFS), a localised Hong Kong version version of FundSeeder in the US, providing free institutional-grade statistical analysis to traders to help understand, track and improve their portfolio management skills.
The system also uses a proprietary algorithm to score and rank trader portfolios. Working with a network of investment partners, OPIM can help traders raise their profile with nstitutional investors looking for new talent.
“Our mission has always been to discover the next generation of great Asian managers and connect them to allocators,” says Alvin Fan, Chief Executive Officer of OPIM. “With OP
Luxembourg-based Fiducenter has selected Pacific Fund Systems’ PFS-PAXUS fund administration software.
Fiducenter has a 35-year track-record of delivering a complete range of Corporate Services, Investment Fund Services and Asset Management Services to clients.
PFS-PAXUS offers a complete back-office fund accounting, portfolio valuation, fund pricing and transfer agency administrative solution on a single, fully integrated system that satisfies the needs of the most sophisticated fund administrators.
PFS-PAXUS will assist Fiducenter with their fund operations by providing core fund accounting and administration functionality designed to meet the requirements of the fund services offered, by supporting the administration of all manner of open
Commcise, a provider of integrated commission management, research evaluation and reporting solutions for investment management firms, has appointed Melissa Umans (pictured) as Director of Business Development in the firm’s New York Office.
In this newly created role, Umans will focus on growing existing relationships and expanding the Commcise presence in the US.
Having previously worked at IHS Markit and Goldman Sachs, Umans brings significant expertise in Research Payment Account management, Commission Sharing Agreement aggregation, interaction management and broker evaluations.
Umans says: “I’m extremely pleased to join a team of highly skilled and talented individuals who understand the industry and how recent
Seven out of 10 (71 per cent) institutional investors anticipate a global equity market correction of more than 10 per cent within 18 months, including nearly half (47 per cent) who expect it to happen within a year, according to new research by Managing Partners Group (MPG).
Only 12 per cent expect no correction at all.
Around a third (32 per cent) of those who anticipate a correction expect it will be up to 30 per cent. Over a third (36 per cent) expect a drop of between 10 per cent and 15 per cent and nearly another third (28
REX Shares, LLC (REX), a provider of alternatives strategy funds and ETFs, has partnered with Brian Kelly, founder and CEO of BKCM (BKCM) and an investor in REX, to develop a line of ETFs and other funds designed to give investors exposure to the blockchain technology, cryptocurrency, and digital assets sectors.
Kelly will serve as a portfolio manager for the suite of funds.
REX and BKCM see a large demand for regulated investment products that give exposure to the potential value creation taking place with the evolution of cryptocurrencies and blockchain technology. REX Shares founder and CEO Greg King is
PEGAS, the pan-European gas trading platform operated by Powernext, achieved its best trading result to date on its spot segments in December, reaching a new record with 95.7 TWh (previous record: 85.4 in January 2017).
The total traded volume amounted to 169.3 TWh in December, an increase of 11 per cent compared to the previous year (December 2016: 152.1 TWh).
Spot trading volume in December amounted to 95.7 TWh , representing an increase of 27 per cent over the previous year (75.1 TWh). This new record was due to a series of highs in the Netherlands, France, Belgium, the U.K.
By Don Steinbrugge, Agecroft Partners – Each year, Agecroft Partners predicts the top hedge fund industry trends stemming from our contact with more than two thousand institutional investors and hundreds of hedge fund organisations.
The hedge fund industry is dynamic, and participants are best served by anticipating, rather than reacting to, change. Below are Agecroft’s 9th annual predictions for the biggest trends in the hedge fund industry for 2018.
Hedge fund industry assets to reach an all-time high in 2018 for the 10th year in a row
Despite the plethora of negative articles about the hedge fund industry, hedge fund assets
Lawyers representing shareholders of Allergan Inc have settled a lawsuit resolving insider trading claims against Valeant Pharmaceuticals International, Bill Ackman and his Pershing Square family of hedge funds stemming from Valeant’s 2014 attempt to takeover Allergan.
In settling the claims, Valeant and Pershing Square agreed to jointly pay a total of USD290 million for all involved investors.
Allergan stockholders alleged that in February 2014, Valeant tipped Pershing Square founder Bill Ackman about its plan to launch a hostile bid for Allergan. Armed with this non-public information, Pershing then bought 29 million shares of Allergan stock from unsuspecting investors, who were
