Latest News
Quant CTA strategies posted the strongest gains in October according to hedge fund data from HFRI.
All hedge funds posted strong gains in October, the firm says, and equity and fixed income strategies boosted returns to provide HFRI with its twelfth consecutive positive month and the strongest return since July 2016.
The HFRI Fund Weighted Composite Index (FWC) climbed +1.3 per cent in October, increasing the YTD gain to +7.2 per cent and extending the record Index Value to 13,885. The firm writes that Risk Parity strategies also saw strong performance across all volatility target levels in the month.
Industry-wide
IHS Markit has launched new trade technology solutions from MarkitSERVwhich enable full automation of settlement and margin payments in the cross-currency swaps market, helping firms to reduce financial and operational risk throughout the trade lifecycle.
Cross-currency swaps expose counterparties to settlement risk due to the high value of initial and final principal exchanges that take place in this USD30 trillion market. New automation, workflow and integrations between MarkitSERV and both CLS and LCH SwapAgent enable firms to automate swaps payments, including initial and final notional exchange settlements through CLS and variation margin payments with LCH Swap Agent.
“MarkitSERV and
Linda Gibson, Director of Regulatory Change and Compliance Risk, BNY Mellon’s Pershing on teh challenge and opportunities of MiFID II…
The FCA will not be lenient on firms that fall behind on MiFID II compliance. But where a zero tolerance approach will apply to more straightforward areas – such as permissions and transaction reporting – the regulator will treat more complex aspects with a degree of flexibility.
The FCA is expecting a diversity of approaches to costs and charges disclosure, reflecting the need for firms to operate in a way that best suits their client base. The regulator will closely
By George Ralph, RFA – Why is Blockchain the latest buzz word? What is it, and do you need it in your alternative investment firm?
Essentially blockchain technology is a distributed ledger tech for real-world applications. It is a peer to peer entity which is not maintained by any one organisation, but is open to all blockchain members. A blockchain ledger is replicated across all users of that blockchain and when a transaction is updated in one ledger, all other ledgers are simultaneously updated in chronological order. Everyone in the blockchain can see and verify the chain of events. The ledger is
Charles River Development has formalised a partnership with OpenDoor Securities to provide asset managers with access to OpenDoor’s all-to-all market-based solution for off-the-run US Treasuries and TIPS, directly from the Charles River Investment Management Solution (Charles River IMS).
Under the agreement, Charles River clients will be able to participate in OpenDoor’s daily anonymous auctions from their trading blotter.
The Charles River IMS provides connectivity to leading global fixed income venues, enabling buy-side clients to source liquidity across asset classes, analyse execution quality from multiple dimensions and demonstrate best execution to investors and regulators.
OpenDoor’s unique market-based solution hosts
Ebury, a fintech focused on corporate global transaction services, has opened its first office outside of Europe in Toronto Canada, which will be led by Matthew Acton-Davis as Country Manager.
This first Canadian office has been set up to support demand for international currency payments and collections, foreign exchange risk management and import finance solutions from businesses based in Canada. The new office will be located on Wellington Street in the heart of Toronto.
Ebury now employ over 600 staff across Europe, with plans to sail through the 1000 mark before the end of May 2018 including aggressive expansion plans in
Are managed account platforms the next evolution of hedge fund investing?
Today’s institutional investors are looking for optimal ways to access and invest in best-of-breed hedge funds that meet their growing requirements for transparency, liquidity, and control. Rather than yielding to managers’ terms, investors are increasingly demanding authority and visibility over how their assets are being invested. A managed account structure offers investors one of the most effective ways to control costs and investment terms, while providing flexibility and customization.
Join us for an upcoming webinar where experts in the hedge fund industry will share their views on the history
Torstone Technology, a provider of post-trade securities and derivatives processing, has appointed Payal Raina to the newly created position of Global Head of Marketing, with immediate effect.
Raina will be responsible for overseeing Torstone Technology’s global marketing and branding initiatives as well as internal and external communications for the company. With over a decade of experience in B2B marketing for financial and technology companies in Europe and North America, Payal has a wealth of experience implementing successful marketing strategies, building brands and subsequently increasing revenues of global businesses.
Brian Collings (pictured), CEO, Torstone Technology, says: “Payal’s extensive knowledge of
PEGAS has launched Congestion Management Products (CMP) on the French Nord and TRS delivery zones, to help the Transmission System Operators GRTgaz and TIGF manage potential congestions on their grids. 


The Nord and TRS zones are scheduled to merge in 2018 but bottlenecks could still occur in some specific flow configurations. Some can be observed already today, such as during last winter when grids witnessed periods of high tensions. To avoid these situations, physical mechanisms, such as forced renomination instructions, already exist. However GRTgaz and TIGF, following network code directions, have expressed the need for market- based solutions to complete
PPB Capital Partners, a designer and administrator of alternative investment funds for the wealth management industry, has appointed Frank Burke as chief investment strategist.
Burke (pictured), will advise PPB Capital’s network of investment advisors on selecting best-of-class alternative investment products for its clients.
“We are pleased to welcome Frank to our growing team,” says Brendan Lake, chief executive officer of PPB Capital Partners. “Frank’s deep knowledge of alternative asset classes will provide our platform of private investments services increased breadth and depth. As one of the lead portfolio managers of Hatteras Funds, Frank brings a wealth of experience sourcing
