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At New York-headquartered Prosek Partners, the tag line is to "unbox communications" and deliver unique, unconventional strategies for financial firms. At the helm is Managing Partner and CEO Jennifer Prosek, who built Prosek from a small Connecticut PR company to an international communications consultancy with offices in London and a number of key partnerships with agencies in Asia and South America.
Speaking with Hedgeweek, Russell Sherman (pictured), Partner at Prosek, says he is excited by the awakening of the financial PR industry as firms become more receptive to creative PR programmes that go "above and beyond" the traditional programmes typical
Preqin was established 13 years ago, over which time it has evolved to become the pre-eminent data and research provider for the alternative asset management industry. Since day one, Preqin's objective has always been to shine a light on what has, historically, been an opaque industry.
"We are the go-to people for anyone wanting information on alternative assets because of the timeliness, accuracy and breadth of data we provide," comments Amy Bensted (pictured), Head of Hedge Fund Products at Preqin.
With respect to hedge funds, Preqin looks closely at institutional investor activity, as well as fund manager performance, and has built
This June saw Hedge Fund Research broaden its suite of indices with the introduction of the HFRL® family of indices, representing the performance of liquid areas of the hedge fund industry. This adds to the existing set of HFRI, HFRX and HFRU indices that are used by global investors and allocators to benchmark their hedge fund performance.
"We are very excited to offer the HFRL Indices," says Kenneth J Heinz (pictured), President of Hedge Fund Research. "The HFRL harnesses the universe of constituent funds from the HFRX to create an intraday performance benchmark, representative of the most liquid components of
Although Peregrine only established a US office in New York 14 months ago, the firm has been recognised by readers of Hedgeweek as the runner up Best North American Public Relations Firm for Hedge Funds. Peregrine CEO Anthony Payne said: "We have been engaged with US media since 2002 but it was important for us to be on the ground in New York, the World's hedge fund capital! We are delighted that Hedgeweek readers have shown their support by voting for us and we hope we will deserve to be voted winner next year!"
Since opening doors in the US,
The Ruddy Law Office, PLLC (`Ruddy Law') is a Washington, DC-based boutique law firm founded by Mark Ruddy in 2001. The firm is primarily comprised of former regulators with the SEC, NFA, and FINRA.
Ruddy Law services a diverse range of clients. The firm has previously received distinction as a "go to" firm for hedge fund startups. At the same time, the practice serves as legal counsel to investment funds with over $1 billion in AUM, brokerage firms, venture capitalists, and entrepreneurs from a diverse group of industries. In the hedge fund space, the firm's transactional practice entails investment manager
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for September 2015 measured -1.56 per cent, while edge fund flows as measured by the SS&C GlobeOp Capital Movement Index were down 1.13 per cent in October.
"SS&C GlobeOp's Capital Movement Index for October 2015 was -1.13 per cent, down from the previous month's 0.62 per cent, reflecting primarily seasonal factors," says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. "Comparing year-over-year flows, the -1.13 per cent for October 2015 was virtually identical to the October 2014 reading of -1.12 per cent, with both inflows and outflows
The saying goes that ‘familiarity breeds contempt’ but when it comes to staying cyber secure, nothing could be further from the truth. Fact is, investment managers should be integrating cybersecurity issues, be they regulatory updates, software updates from their IT vendors, into their weekly meetings.
Even if it takes up just a few minutes of the agenda, getting into the habit of keeping staff aware of cybersecurity developments will allow it to become part of a firm’s broader risk management program and potentially mitigate human error; often the cause of so many internal data breaches.
In other words, cybersecurity should
The fourth quarter of 2015 started on a strong footing, reversing the previous market downturn. During the first week of October, risk assets rallied, with the MSCI World up 5.8 per cent, following expectations that the Fed will postpone its first rate hike well into 2016. Implied equity volatility fell, the USD depreciated against major currencies, high yield spreads tightened, in particular in Europe, and commodities rallied. Finally, emerging markets received a breath of fresh air with the upturn in commodity prices.
The latest factsheet from Preqin provides a roundup of private equity fundraising in the third quarter, featuring breakdowns of fund closures by strategy and geography, data for time spent on the road, dry powder, and the 10 largest private equity funds to close in Q3.
View the full factsheet here.
BATS Global Markets (BATS) has reported record market share in both its US options and US exchange-traded fund (ETF) trading businesses in September.
In US options, BATS reported market share of 11.0 per cent in September, surpassing the previous record of 10.9 per cent set in August 2015. In September, BATS was also the market leader in single-leg equity option trades with 17.5 per cent market share, up from 17.3 per cent in August when BATS was also the market leader1.
In US equities, BATS reported market share of 22.0 per cent in September, tying the 22.0 per cent
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