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Sandy Broderick has been appointed as Non-Executive Director (NED) to the Boards of GMEX Technologies Limited (GMEX TECH); Global Markets Exchange Group Limited (GMEX) which operates GMEX Exchange; and Global Derivatives Indices Limited (GDI).
Broderick, most recently CEO of DTCC Deriv/SERV, brings 25 years’ derivatives experience in trading and post-trade infrastructure to the team. He joins Lamon Rutten as an independent NED on all three Boards and will serve as Chairman of GMEX with Lamon becoming Chairman of GMEX TECH and Hirander Misra continuing as Executive Chairman of GDI.
Mark Blundell has transitioned from a Non-Executive Director to take up
MUGC Lux Management, the management company of Mitsubishi UFJ Global Custody, has implemented Linedata AIFMD Regulatory Reporting.
Currently, MUGC Lux management manages around 185 alternative investment funds (Cayman trusts and Luxemburgish structures). Therefore, it is the second largest Alternative Investment Fund Manager (AIFM) in Luxembourg, representing 10% of the Alternative Investment Assets under Management in Luxembourg in 2014. MUGC LM approach is to provide one stop shop solution in combination with MUGC to its clients.
The asset management industry continues to face enhanced complexities through the introduction of sophisticated investments, complex instruments and strategies, exposure and collateral management and
ICE Futures US has reported record daily volume in the mini MSCI futures complex as well as futures based on MSCI’s benchmark for international equity performance, the mini MSCI EAFE index, which tracks equities in developed markets in Europe and Asia.
Total volume in mini MSCI products traded on ICE Futures US was 395,175 contracts on 16 March, 2015. The previous record of 364,483 contracts was set on 16 December, 2014. Volume in mini MSCI EAFE index futures was 150,140. The previous record of 139,164 was set on 12 September, 2014.
ICE hosts a broad range of MSCI contracts including
Novus, a portfolio analytics and intelligence platform that helps institutional investors analyse their portfolios, has released an updated Hedge Fund Overlap Matrix, a free interactive tool that allows users to access public holdings data.
This tool is updated every quarter with the latest holdings information.
The overlap matrix is an interactive visualisation that provides users with an innovative way to explore manager portfolios. Overlap is a measure of similarity between portfolios; and the matrix is a collection of 2500 overlap values. Behind each overlap value are securities that are shared by the two intersecting managers. The visualisations enable users to
New York-based portfolio holding company and private equity investor Armory Merchant Holdings has made a strategic investment in Capital Guardian Holdings.
David Storper, Co-Chief Investment Officer of Armory, says: “Capital Guardian is uniquely positioned to be a leading financial services firm offering both company advisors and independent advisors full service wealth management capabilities including RIA, Asset Management, International, Family Office, Trust and Insurance Services, capabilities which have historically been the exclusive domain of the large global banks.
"Armory will help accelerate Capital Guardian’s geographic growth, as well as internal expansion of its client-focused product and service offerings. My partner, Stephen
Ledgex Systems has launched a stand-alone Client Relationship Management (CRM) solution tailored specifically for hedge funds, endowments and foundations, fund of funds, pensions and family office organisations.
Ledgex CRM is ideal for managing and tracking investor communications, sales opportunities, client relationships and capital movements. Sophisticated Client Relationship Management capabilities are necessary to increase and retain more assets, maintain and grow clients, provide exceptional client service and meet heightened reporting requirements. Out of the box, the solution delivers efficiencies, transparency and flexibility without increasing headcount or costs.
Ledgex CRM is a web-based solution that streamlines investor relationship management and capital
Hedge fund managers have got off to a strong start in 2015. Following a year which saw the average hedge fund deliver returns of 3.78%, managers have already returned 2.52% on average two months into the year.
Given that performance was named as the key concern in the industry in 2015 by investors in a Preqin survey at the end of 2014, managers will have been keen to deliver strong performance early in the year. The challenge, and opportunity, still remains for hedge funds to continue this performance, particularly amidst strong equity markets and turbulent commodity markets.
According to Preqin,
One Oak Capital Management has launched a new hedge fund, the Alpha Opportunities Fund, which employs a highly disciplined relative value long-short credit strategy and seeks to exploit short-term trading opportunities in the investment grade corporate bond market.
Steve Ditursi, One Oak’s Chief Executive Officer, says: “We are excited about the fund launching and view it as a critical step in building our firm.” The product is designed for institutional investors, high net worth individuals and family offices seeking strategies with investment grade quality assets, higher liquidity and the mitigation of interest rate risk.
“Given the size and scope
There's a growing range of options in the Swiss hedge fund market, from innovative new fund platforms to new fund strategies and structures that provide significant portfolio diversification opportunities to institutional investors.
Here Hedgeweek looks at 11 essentials topics you need to be aware of…
Preqin recently surveyed over 50 managers of dedicated secondaries assets to find out about their activity in 2014 and to assess their outlook on the market for 2015. Patrick Adefuye analyses the key findings from these results.
2014 was not only a record year for secondaries transaction volume, but has also been recognized as a record year for secondaries fundraising; an aggregate USD29bn was secured by the 27 secondaries funds that reached a final close during the year, the highest ever annual amount of capital secured. As a result, two-thirds of secondary fund of funds managers surveyed expect to deploy
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