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In an extract from the recently launched 2015 Preqin Sovereign Wealth Fund Review, Lauren Mason, Amy Bensted and Oliver Senchal provide an insight into this secretive and exclusive subset of the investor community.
Sovereign wealth funds, despite being small in number and secretive in nature, continue to capture attention as a result of their ever growing assets under management and corresponding influence on global financial markets. Today, the total assets of sovereign wealth funds top USD6.31tn (Fig 1), more than double the capital these entities represented in 2008, the year Preqin launched its first Sovereign Wealth Fund Review.
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Docupace Technologies is joining with computer security services company Security Snapshot to deliver cyber-security solutions for financial services firms.
Docupace provides a secure, SEC/FINRA-compliant and paperless straight-through processing platform.
By working with broker-dealers and registered investment advisors (RIAs) on cyber-security, Security Snapshot will connect Docupace’s secure infrastructure and workflow systems with processes that help ensure organisations are compliant with SEC, FINRA, and other federal, state, and self-regulatory organisations’ policies, procedures and regulations. Docupace and Security Snapshot expect to implement their new relationship in phases to best ensure smooth and efficient adoption by clients.
“Docupace is dedicated to providing high quality,
The Irish Funds Industry Association (IFIA), the trade body representing the largest sector of the financial services industry in Ireland, has responded positively to the European Commission’s Green Paper on Capital Markets Union (CMU).
CMU is a project to build a genuine single market for capital in the EU by 2019. The CMU forms part of the Commission’s “growth and jobs” agenda with the aim of promoting investment in Europe’s economy and is not intended to be a regulatory driven initiative. The intention is to address Europe’s overreliance on bank credit by boosting investment via capital markets which should result
Dynasty Financial Partners has appointed Scott D Welch as Chief Investment Officer.
Welch will join Dynasty's Investment Committee and will report to Todd Thomson, Chairman of Dynasty and Head of the firm's Investment Committee. He will work in partnership with Michael Moriarty, Director of Investment Platforms, and Tom Petrone, Director of Capital Markets.
"We are excited to have one of the leading investment professionals in the independent advisory industry join Dynasty," says Thomson. "As Chief Investment Officer, Scott's expertise and track record in research and investments will add significant leadership and capability to our investment team. Scott has a deep
The hedge fund industry redeemed USD850 million (0.03% of assets) in March, a turnabout from February’s inflow of USD5.4 billion (0.2% of assets), according to the latest research from BarclayHedge and TrimTabs.
“Redemptions from hedge funds totalled USD34.6 billion over the past six months, the largest consecutive quarterly outflow since June 2009,” says Sol Waksman (pictured), president and founder of BarclayHedge. “Hedge funds redeemed USD15.1 billion (0.6% of assets) in Q1 2015, a striking contrast from Q1 2014, when they hauled in USD42.6 billion (1.8% of assets).”
Hedge fund industry assets edged up to USD2.49 trillion in March from USD2.48
Concept Capital Markets has hired Robert Jones, David Circle and Eric Gross, all seasoned brokerage professionals who bring their own skill sets to the firm and will complement the firm’s existing team.
Jones joins Concept Capital as Vice President – Trading, and serves the firm’s prime brokerage clients with their trade execution needs. Robert comes to the firm with many years of trading experience, having worked in senior positions for two New York based hedge funds during 2009-2012, and prior to that for nearly ten years at Bear Stearns Asset Management. Robert has traded equities and derivatives, and also possesses
Hedge funds investing in China surged to a record monthly gain in April, as trading volume on the Shanghai-Hong Kong Stock Connect program soared and the Chinese Central Bank reduced interest rates.
The HFRI China Index was up +13.0 per cent in April, the strongest monthly gain since Index inception in 2008.
Total global capital invested in the Asian hedge fund industry surpassed the milestone of USD120 billion (USD120.75 billion, RMB750 billon, JPY14.5 trillion) to begin Q2 2015, as the number of Asian hedge funds approached 1,200, according to the latest HFR Asian Hedge Fund Industry Report, released today by
Mark Taylor (pictured) has joined Liquidnet as a senior member of the fixed income sales team. He will work with Constantinos Antoniades, Global Head of Fixed Income, Jonathan Gray, Head of Fixed Income EMEA, and the company's global sales team to grow Liquidnet's fixed income platform for buy-side institutions.
Liquidnet has been expanding its Fixed Income team globally as it introduces ways for institutions to more efficiently source corporate bond liquidity. In August 2014, Liquidnet acquired Vega-Chi and since then the company has been developing its model and capabilities to trade high yield, investment grade and convertible bonds. This latest
Five out of seven of IndexIQ’s proprietary family of investable hedge fund replication and alternative beta indexes recorded positive returns in April.
The IQ Hedge Event-Driven Beta Index led the way with a return of 0.83 per cent followed by IQ Hedge Market Neutral Beta Index (0.67%), the IQ Hedge Long/Short Beta Index (0.65%), the IQ Hedge Composite Beta Index (0.38%) and the IQ Hedge Emerging Markets Beta Index (0.34%).
The IQ Hedge Fixed Income Arbitrage Beta Index was the month’s biggest loser with a fall of 0.12% while the IQ Hedge Global Macro Beta Index was the other index
Guernsey Finance’s Dominic Wheatley (pictured) explains how the island is working with the BVCA for the future success of British private equity and venture capital.
At the end of last year, Guernsey Finance was delighted to attend the inaugural meeting of the BVCA’s Channel Islands Group.
Guernsey’s geographical location in the English Channel, the island’s close links to the City of London and our position as one of the world’s leading private equity fund domiciles, means that we have always had a close relationship with the association.
This is reinforced by the fact that, for several years, Guernsey Finance has
