Latest News
All six of IndexIQ’s proprietary family of hedge fund replication and alternative beta indexes recorded negative performance in June.
The IQ Hedge Event Driven Index was the month’s biggest loser with a return of -2.14%, followed by the IQ Hedge Global Macro Index (-1.47%), the IQ Hedge Multi-Strategy Index (-1.38%), the IQ Hedge Long/Short Index (-1.22%) and the IQ Merger Arbitrage Index (-1.05%).
The best performer for the month was the IQ Hedge Market Neutral Index with a return of -0.70%.
Designed as investable benchmarks that replicate the performance characteristics of sophisticated hedge fund strategies, the IQ Hedge indexes comprise
- 10/07/2015
RIMES, a provider of managed data services for the buy-side, has announced a number of new data sources in its portfolio, which were added in the first half of 2015.
RIMES has introduced these new sources in response to demand from asset managers’ and asset owners’ customers.
With buy-side firms’ reliance on data growing overall, RIMES consistently meets the demand for new indexes by continually refreshing and updating its portfolio. More than 20 new data sources have been added since the beginning of the year, bringing the total to over 800 datasets from nearly 200 data partners.
Alessandro
- 10/07/2015
Maples Fiduciary, a division of MaplesFS and a provider of specialised fiduciary and corporate administration services, has opened a full-service office in Amsterdam.
"MaplesFS is internationally renowned for responsive and client-driven service. We are continually reshaping our business to address the changing demands of the industry," says Tom Davies, MaplesFS' Regional Head of Fiduciary – Europe. "Recently we have seen our clients looking for a MaplesFS service offering in Amsterdam, as they have noticed consolidation in the jurisdiction's fiduciary market and, as a result, an increasingly limited choice of premier service providers on the ground. We are delighted to
- 10/07/2015
- 10/07/2015
Institutional trading network Liquidnet has appointed Chris Dennis as Head of US Fixed Income Sales. Dennis will be responsible for sales and strategy as Liquidnet builds out its high yield and investment grade trading platform scheduled to launch this quarter.
Based in New York, he reports directly to Liquidnet’s Head of Fixed Income Constantinos Antoniades (pictured).
“Our network of the world’s leading asset managers owns the majority of corporate bonds and they will now have access to a centralised pool of corporate bond liquidity which is key in helping to solve the liquidity crisis. As we look to further
- 10/07/2015
AST Fund Solutions, a provider of a complete suite of shareholder communication and recordkeeping services for mutual funds and closed-end funds, has launched a full-service intermediary oversight solution called AST Oversight.
AST Oversight was developed with Wheelhouse Analytics, a well-known technology provider in the space, to provide AST clients with the necessary tools to leverage disparate sources of data for streamlined data management and analytics. In today’s highly competitive distribution market, efficient management of multiple broker-dealer distribution relationships with unique individual revenue sharing expenses is critical for fund firms. Essential components of an intermediary oversight program include understanding effective rates
- 10/07/2015
HSBC Securities Services, part of HSBC’s Global Banking and Markets division, has made four new senior appointments to its team in Dublin, which is a hub for its hedge fund servicing business.
The appointments include new roles for Peter Daffy as Head of Fund Administration and Brian Coughlan as Head of Operations, Global Distribution and Transfer Agency (GDTA) and two new hires; Andrea Brunetti as Senior Fund Manager and Alice McAlinden as Fund Administration Manager.
Tony McDonnell (pictured), Head of HSBC Securities Services, Ireland, says: “We have strengthened the team on the back of increased flows from new deals into
- 10/07/2015
Mirabaud Securities has strengthened its secondary brokerage business with the appointment of Patrick Mayhew (pictured) to lead the equity sales team, and Will Draper to become head of equity research.
Both join from Espirito Santo in London and have been tasked with enhancing Mirabaud’s sales and research capabilities in secondary brokerage. The appointments signal a firm ambition in Mirabaud’s equities capabilities and come on the back of a strong performance over the past few years.
Giles Morland, partner, and chairman of Mirabaud Securities, says: “We are delighted to welcome two such high-profile and talented people to lead our secondary
- 09/07/2015
EBS BrokerTec, ICAP's electronic foreign exchange (FX) and fixed income business, has added Metallinvestbank as the first Russian liquidity provider (LP) and Standard Bank as the first South African LP on the EBS Direct platform.
This brings the total number of LPs on EBS BrokerTec's fully disclosed, relationship based FX platform to 24 and expands its LP portfolio to include local market providers.
As LPs on EBS Direct, Metallinvestbank and Standard Bank can now offer their customers access to a leading liquidity pool in both major and emerging market currencies, including the Russian ruble and South African rand, increasing liquidity
- 09/07/2015
Hedge funds posted declines in June as Chinese equities fell sharply and uncertainty over the outcome of the Greece referendum contributed to losses in quantitative, trend-following, Macro CTA strategies, according to HFR.
The HFRI Fund Weighted Composite Index declined -1.3 per cent in June, the worst monthly decline since June 2013, paring gains for 1H15 to +2.4 per cent. Despite the June decline, the 1H15 HFRI gain still outperformed US equities as measured by the S&P 500 by over 200 basis points.
Macro hedge fund strategies led declines for the month, with losses across equity and currency exposures contributing to
- 09/07/2015
The Lyxor Hedge Fund Index was down -1.9 per cent in June. None of the 12 Lyxor Indices ended the month in positive territory. The Lyxor Fixed Income Arbitrage Index (0 per cent), the Lyxor Convertible Arbitrage Index (-0.1 per cent), and the Lyxor Variable Bias Index (-0.8 per cent) were the best performers.
Another round of global steepening early June gave way to a sudden Greek-related risk aversion. A second phase of curve steepening started early June adding approximately 40bps to German 10Y yields and 30bps to UST. The Euro finished where it started, but with great volatility. Equity
- 09/07/2015
Special Reports
FeatureD
- Intel
- April 26, 2024
- Intel
- April 25, 2024
- Intel
- April 24, 2024
- Intel
- April 23, 2024
- Intel
- April 22, 2024
- Intel
- April 19, 2024
- Intel
- April 18, 2024
- Intel
- April 17, 2024
