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Two investment management firms have forged a partnership to offer a one-stop solution for ManCo services to its international client base of hedge funds, private equity and real estate funds.
Lawson Conner Group, a leading ManCo, compliance and regulatory outsourcing firm, is teaming up with Fuchs Asset Management, a management company, to expand its ManCo services into Luxembourg. Fuchs Asset Management is the asset management arm of a family-run finance group, located in Luxembourg, Belgium and Switzerland.
The partnership will give Lawson Conner’s clients access to integrated fund solutions and ManCo services in Luxembourg, including Alternative Investment Funds, Undertakings for
By Jaclyn Greco (pictured), Eisner Amper – EisnerAmper recently co-hosted a breakfast with JonesTrading Prime Services entitled The New Paradigm in Emerging Manager Capital. The Panel included esteemed institutional investors such as Philip Harris of Crestline Summit Equity and Patrick Campo of Titan Advisors.
Capital raising for hedge funds since the beginning of the equity bull market (March 2009) has proven to be extremely difficult, especially in an environment where performance has been sub-par to average. For emerging managers, it has proven to be even more difficult and accessing capital from Institutional Investors poses its own increased and unique challenges.
Revista Systems has added new functionality to its recently launched Revista CCM solution, including enhanced transaction communication audit and scrutiny capabilities, and improved performance management monitoring.
Revista designs specialist solutions to support the unique communications needs of the global financial services community.
Revista CCM transforms a user’s ability to demonstrate effective transaction scrutiny and audit capabilities both internally to senior management and to the external regulators. The new functionality enables surveillance and compliance officers to be alerted as soon as any high-risk transaction is initiated by an individual or team. The system automatically tags all relevant communications, irrespective of
The Preqin All-Strategies Hedge Fund benchmark generated incremental gains in November of 0.40 per cent, making this the thirteenth consecutive month of positive returns.
This has helped increase the year-to-date figure to 9.93 per cent, cementing the expectation that it will be the best annual performance for hedge funds since 2013.
Equity strategies enjoyed continued success in November gaining 0.73 per cent and helping to bring the year-to- date return to 13.01 per cent. The strategy is currently on track to potentially doubling its 2016 returns (+7.19 per cent).
JPY-denominated funds outperformed all other major currencies with a
The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.06 per cent gain in November. Year to date, the index is up 0.25 per cent.
“Choppy waters made for tough sailing in November,” says Sol Waksman (pictured), founder and president of BarclayHedge. “Although ongoing rallies in US and Japanese equities provided profitable trading for momentum strategies, trend reversals in currencies, precious metals, and agriculturals weighed heavily on fund performance.”
Financial/Metals Traders were able to gain 0.10 per cent in November. Most other CTA sectors had a very small increase or a loss for the month.
Carey Olsen and JTC have advised ARC Fiduciary Ltd on the launch of Jersey’s first Initial Coin Offering (ICO), with Carey Olsen advising on the legal and regulatory aspects of the ICO and JTC providing administrative services.
The ICO will see the issue of the ARC Reserve Currency, which is expected to become a widely used asset-backed stablecoin virtual currency.
Counsel Chris Griffin (pictured), who spearheads Carey Olsen’s burgeoning digital assets practice, led the team advising ARC Fiduciary Ltd and was assisted by associate Joseph Barker-Willis. Carey Olsen worked closely with the Jersey Financial Services Commission to achieve a
Cboe Data Shop has added historical spot foreign exchange data from Cboe FX to its range of offerings.
Available for market participants and academics who want the opportunity to simplify and streamline back-testing and analysis, as well as the potential to increase trading opportunities, Cboe FX historical data offerings include: TOP, which provides top-of-book data on currency pairs, including the quote time, bid price, bid quantity, offer price and offered quantity; Snapshot, which provides a look at the depth of book data at intervals throughout the trading day; and Cboe FX Tape, which reflects trading activity for currency pairs on Cboe
SYZ Asset Management, the institutional asset management operation of the SYZ Group, has appointed Thierry Cherf as Head of Institutional Sales for Switzerland, and Mr Sachin Sukthankar as Institutional Client Developer.
Based in Geneva and reporting to Florent Guy-Ducrot, Head of Business Development, Cherf will be responsible for defining and implementing the strategy to increase SYZ Asset Management’s engagement among Swiss institutional clients such as pension funds and insurance companies. SYZ Asset Management will continue to meet the needs of this important investor group through its offering of pooled funds, mandates and other customised solutions.
Reporting to Cherf and
Imagineer Technology Group, a provider of technology solutions for investment management firms, has released a new version of its flagship product, Clienteer CRM.
This version of Clienteer not only features a UI-refresh, but also includes new functionality that allows for better contact data management, investment opportunity forecasting by close date and sales stage, as well as, the ability to seamlessly file emails from G-mail. The system’s report building tool has been added to the Account Screen, making it easy to build on screen pivots to report on account related details such as, the transactions for each account and overall relationship
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.32 per cent in November, outperforming the 0.07 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 IndexSM.
“Long-biased strategies outperformed in November, benefitting from strong equity markets, with notable performance from the Telecommunications Services, Consumer Staples, Consumer Discretionary, and Financials sectors. Value-oriented
