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The global hedge fund industry has seen a USD76 billion net inflow of assets through the first half of 2015, bringing the size of the industry to USD3.22 trillion, according to figures released by Preqin.
The second quarter saw the greater amount of inflows from investors, with USD48 billion in Q2 compared to USD29 billion in first quarter. Single-manager hedge funds specifically saw net inflows of USD52 billion in Q2, three times as much as the USD18 billion net inflow of assets they recorded in the first quarter. CTAs, on the other hand, had a net outflow of USD5 billion
Forty four per cent of buy-side asset managers are relying on mostly or completely manual processes for managing complex swaps across the investment lifecycle, according to a new survey by SimCorp.
And more than 50 per cent claim they still require some amount of manual intervention in a semi-automated process. In addition, more than half of asset managers are unable to obtain a consolidated view of their derivatives exposures alongside all other asset classes. The survey polled 57 individuals from 32 different buy-side firms in North America.
Swaps require ‘look-through,’ an interpretation tool that allows firms to see all of
Euronext saw record trading volumes on its markets on 24 August 2015. On cash markets over 550 million orders were managed, surpassing the previous record set in January 2015 by 22 per cent.
A total of 4,478,154 transactions were completed – another new record and an increase of 16 per cent on the previous highest total set on 9 August 2011.
In derivatives markets, including commodity markets, 217 million orders were managed, with some 1,515,232 contracts traded, the highest total since 16 December 2014. Euronext’s internal system managed more than 668 million theoretical price updates (more than 2.5 times
Alternative methods of accessing the private real estate market, including separate accounts, joint ventures and co-investments, are under the spotlight in this extract from the Preqin Investor Outlook: Alternative Assets, H2 2015.
Recent years have seen an increase in institutional investor appetite for alternative structures, which offer the investor a variety of benefits over the traditional commingled fund model, including greater control over their real estate portfolio, lower fees and a greater level of exposure to attractive assets. Fig 1 illustrates that the proportion of investors that will invest through separate accounts has steadily increased since 2011, with 39
Hatteras Funds has opened up access to its Alternative Multi-Manager Fund (HHSIX). The Fund, which has been available to select institutional clients since 2011, will continue to be co-managed by Portfolio Managers Michael P Hennen and R Ty Powers.
“With uncertainty and volatility facing both stock and bond markets, Financial Advisors are looking for tools to help manage risk within their portfolios. The Alternative Multi-Manager Fund is designed to complement a traditional portfolio of stocks, bonds and cash,” says David Perkins (pictured), Chief Executive Officer, Hatteras Funds. “The Fund provides diversified alternatives exposure in a single investment. We believe it
Jeff Mazer and Katya Baron have joined Aequitas Capital as senior managing director of capital markets and treasury, and managing director of capital markets, respectively.
Mazer has more than 30 years of financial services industry experience. He most recently served as a director at Bank of America Merrill Lynch's Global Liquidity Investment Solutions unit, where he led a team that helped deliver investment management solutions for clients with approximately USD63 billion in assets.
Mazer will be responsible for managing the company's portfolio of investment offerings, executing senior and junior debt and credit strategies, and serving as an advisor to executive
TABB Group has promoted Anthony J Perrotta (pictured), Jr and Andy Nybo to partner, global heads of research and consulting.
According to Larry Tabb, founder and CEO, TABB Group, they have been appointed to the financial markets research and consulting firm’s executive management committee.
Perrotta is now directing all aspects of the firm’s client management, business development, and research content development. Nybo is directing all aspects of TABB’s research activities including equities, listed derivatives, fixed income and technology.
“As the financial industry continues undergoing significant regulatory reform, market structure changes and business model adaptation,” says Tabb, “we wanted to forge
ENSO Financial Analytics (ENSO), a provider of data-driven investment and operational insights for hedge funds, has appointed Michael McMahon (pictured) as Chief Technology Officer (CTO).
McMahon will join the executive team and will be responsible for expanding ENSO's network infrastructure and core analytics. He will report to Partner and Co-Founder, Dwaine Alleyne.
McMahon was previously a Managing Director at Bank of New York Mellon, where he led several engineering and architecture teams in building a big data analytics platform for the bank. His vast knowledge base in information technology systems includes enterprise architecture for complex design and large data integration
TradeSharp has integrated with the Tradier API to enable individual traders using its Algorithmic Trading Platform to benefit from Tradier’s brokerage services, scalability and competitive pricing.
Individual investors and traders benefiting from TradeSharp’s flexible architecture and ability to easily automate any rules-based trading strategies in stocks, forex and ETFs, will now be able to make more cost-effective trades and have greater flexibility as a result of the integration with Tradier.
“Our integration with Tradier allows us to further simplify and streamline the process and cost-savings around any trade, strengthening the value of our intuitive, automated and algorithmic trading platform provided
The Institute of Trading and Portfolio Management (ITPM) has appointed fund manager and ex-Goldman Sachs and Brevan Howard trader Tristan Edwards as a Senior Trading Mentor in Australia and New Zealand.
Edwards has over 15 years' experience as a Professional Trader. After graduating with a degree in Commerce from the University of Tasmania in 1996, he joined the Commonwealth Department of Finance as part of their 1997 graduate program working on the Australian Commonwealth National Budget. He soon moved to the private sector and started his career in trading with Goldman Sachs in Melbourne as an Institutional Equities Trader
