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UMB Fund Services (UMB) has endorsed the Institutional Limited Partners Association’s (ILPA) best practice principles and reporting templates for the private equity space, which help promote reporting consistency and transparency for limited partners.
UMB is among a select group of fund administrators to endorse the ILPA reporting standards.
“Implementing these new template standards and best practices will aid in furthering standardised reporting processes for limited partners and ultimately providing the transparency many private equity investors are now desiring,” says Maureen Quill (pictured), Chief Operating Officer at UMB Fund Services.
UMB’s proprietary accounting system, FastPro, is being programmed for
Hedge funds gained 1.32 per cent during the month of October with underlying markets, as represented by the MSCI AC World Index (Local), up 2.56 per cent over the same period, according to EurekaHedge’s latest Index Flash Update.
On a year-to-date basis, managers gained 6.99 per cent while underlying markets were up 14.84 per cent.
The EurekaHedge Trend Following Hedge Fund Index, a sub-group of the broad CTA Index, outshone in October, up 4.86 per cent during the month as winning trends in equities, base metals and energy contributed positively to performance.
Asia ex-Japan mandates led the gains
More than 8-in-10 (83 per cent) asset management professionals are expecting to make fundamental changes to their operating models in the next 24 months, according to Confluence’s 2017 Asset Management Trend Survey.
Respondents named Regulatory Change (60 per cent) and Technology Innovation (49 per cent) as the top driving factors in this transformation.
When asked to identify important goals for back-office operations over the next two years, majorities of respondents cited automation of back-office processes (62 per cent) and management of increased regulatory reporting requirements (60 per cent), with the latter representing a 13-point increase from the comparable 2016
Financial organisations wanting to include cloud services within their trading infrastructure can now benefit from a new connectivity solution from Transaction Network Services (TNS) which addresses the mission-critical requirements of the global financial markets.
TNS Secure Cloud Connect has been designed to provide secure, resilient and easy access to a range of cloud services, including those from the major cloud providers. It facilitates connectivity to the cloud as well as from a firm’s presence in the cloud to TNS’ vast global financial community which includes more than 2,000 endpoints. Where cloud providers use a regional set up, TNS Secure Cloud
Cboe Global Markets chairman and chief executive Edward Tilly, and President and chief operating officer Chris Concannon are to make a joint presentation at present at the Bank of America Merrill Lynch Future of Financials 2017 Conference in New York.
The presentation, which will take place on Wednesday, 15 November at 10:45 am (Eastern Time), will be broadcast live over the internet.
The archived webcast is expected to be available one hour after the conclusion of the event and will be available until 12 February, 2018.
The majority of hedge fund managers (57 per cent) are innovating to improve their operational efficiency in response to market disruptions and to avoid falling behind the industry, according to the EY 2017 Global Hedge Fund and Investor Survey.
The 11th annual survey found that hedge fund managers are actively seeking innovative ways to improve operational efficiency and grow their asset base, as pressure on margins shows no signs of abating. Meanwhile, investors also say they recognise the need for managers to innovate, with 30 per cent noting they want managers to do so in the front office.
Investors are looking
By Mary Beth Hamilton – According to research firm Gartner, by 2020, a corporate “no-cloud” policy will be as rare as a “no-internet” policy is today. Cloud-first, and even cloud-only, is replacing the defensive no-cloud stance that dominated in recent years…[Additionally], hybrid will be the most common usage of the cloud.”
So when it the right time for an investment firm to make the cloud move?
For newly emerging investment firms, the choice to adopt a cloud-based architecture is an easy one. Few firms have a business model where an on-premise solution makes strategic or economic sense — but what about established
As popular as the alternative investments industry remains, attracting and retaining investors at a time when asset classes are converging means that managers need to constantly think about how best to differentiate themselves.
In short, how should GPs best position themselves, such that they can attract inflows and capitalise on an industry that has, according to Preqin’s estimations, grown to USD7.7 trillion in global AUM.
This was the backdrop to a new survey produced by SEI in partnership with Preqin, entitled: “Finding Success as Alternatives Converge”.
The survey canvassed the opinions of nearly 200 global GPs to sharing their perspectives
Thomson Reuters has enhanced its reference-data solutions available on its integrated data and analytics delivery platform, DataScope, to assist firms in complying with MiFID II requirements.
Thomson Reuters DataScope will deliver key regulatory content and will link crucial information, such as reference data, corporate actions, entity data, end-of-day data and intraday data in an insightful and actionable way for customers to meet MiFID II requirements.
In order to be compliant with MiFID II requirements investment professionals will be required to have suitable risk models that safeguard against risk exposure. For the best value across the trading and investment cycle,
Hedge Fund Research (HFR) has launched PortfolioScope, a comprehensive and customisable software solution designed to help managers and investors make more informed investment decisions.
By utilising enhanced visualisation technology, managers and investors can analyse performance, risk, exposure and attribution characteristics dynamically and intuitively.
Managers can provide data to PortfolioScope and utilise customised reports for internal or external use. Reports are permissioned by the manager and delivered via PortfolioScope’s web portal, www.hfrportfolioscope.com.
Data from multiple managers is normalised by PortfolioScope so investors can fully understand their exposures, risks and performance at an aggregated level. Reports are customised at the
