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Guy Hands (pictured), Chairman and Chief Investment Officer of Terra Firma Capital Partners Limited, will be the keynote speaker at the Guernsey Funds Forum 2015.
The Guernsey resident and private equity specialist will top the bill for the annual event, which this year is titled ‘Achieving stability in a world of change’ and takes place on Thursday 14 May in London.
Dominic Wheatley, Chief Executive of Guernsey Finance – the promotional agency for the Island’s finance industry, said he was delighted that Mr Hands will be speaking at the forum.
“Guy has been a huge supporter of Guernsey’s fund industry
Asian debt is expected to outperform developed market bonds in 2015, thanks to healthy corporate credit dynamics, supportive global liquidity, stable economic and political environments and investors’ demand for yield.
Joep Huntjens, Head of Asian Debt at ING IM, says: “Although the anticipated rise in US interest rates may present a challenge for Asian bonds, the Federal Reserve is still only likely to remove its zero-rate monetary policy gradually. Furthermore, the impact of this will be outweighed by the spread cushion offered by Asian credit/high yield and the additional yield offered by the region’s local currency bonds.”
ING Investment Management
Powernext members will have the opportunity from 19 March to directly register their over-the-counter (OTC) transactions as exchange transactions for subsequent clearing with European Commodity Clearing (ECC).
Customers can use either Trayport Clearing Link or EFETnet eXRP Straight-Through Processing automated solutions.
Jean-François CONIL-LACOSTE, Chief Executive Officer of Powernext, says: “This new and straight-forward solution for clearing over-the-counter transactions will answer the need of market participants for automated and riskless processes. Through this mechanism, it will be possible to automatically route transactions submitted by a broker through the exchange into the trading participant’s account at ECC, eliminating all manual interventions by
The Newedge Short-Term Traders Index led CTA performance in February, posting returns of +0.14% – the seventh consecutive month of positive returns. The index is now up 3.31% for the year-to-date.
Following six months of positive returns for all the Newedge CTA indices, February saw three of the four managed futures indices calculated by Societe Generale Prime Services, report negative performance. Despite this, all of Newedge’s CTA indices remain in positive territory for the year-to-date.
The Newedge CTA Index remains in positive territory for the year-to-date with a performance of +4.02% – but it fell slightly by -0.27% during
Five out of seven of IndexIQ’s proprietary family of investable hedge fund replication indexes recorded positive returns in February.
The IQ Hedge Long/Short Beta Index led the way with a return of 3.16%, followed by the
IQ Hedge Event-Driven Beta Index (2.65%), the IQ Hedge Market Neutral Beta Index (1.61%), the IQ Hedge Composite Beta Index (1.18%) and the IQ Hedge Emerging Markets Beta Index (1.01%).
The IQ Hedge Fixed Income Arbitrage Beta Index and the IQ Hedge Global Macro Beta Index both ended the month in negative territory with returns of -0.68% and -0.67%, respectively.
Designed as investable benchmarks
In today’s world our retail lives are governed by ease of choice. Whether it’s iTunes to download our favourite artist or Amazon to peruse the latest range of tennis racquets, as consumers it’s never been easier to find what we want.
In November 2013, State Street Global Markets launched Fund Connect, a first-in-class multi-sponsor online ETF platform. The purpose of Fund Connect is to make the lives of Authorised Participants (APs) as straightforward and efficient as possible.
“Nobody wants to log on to five or six different platforms, they want the most efficient method for transacting. That’s what Fund Connect
Gravitas has improved its Cybersecurity Threat Management Service offering with upgrades to its Information Security Practices.
Gravitas hired Omar McKenzie as Chief Information Security Officer to lead this initiative, a new position designed to ensure the protection and integrity of client data.
With the enhancements of its Information Security Practice, Gravitas now offers a complete portfolio of flexible and scalable cybersecurity services for The Gravitas Platform that is focused on helping firms scale their operations smartly. The portfolio is a comprehensive set of policies, technologies and controls used to protect information and application data from breaches and business disruptions while
Temenos Group, a provider of software to financial institutions globally, has acquired Multifonds, a global provider of fund administration software.
The acquisition will give Temenos additional scale, access to highly complementary products, client relationships with more than 30 of the world’s largest financial institutions, and exposure to the fast-growing fund administration market. Following the acquisition, Temenos now provides mission-critical software to 38 of the top 50 banking institutions in the world. Temenos is paying EUR235m to acquire Multifonds from a shareholder group led by growth equity investor Summit Partners. The transaction is being funded through a mixture of cash and
Bermuda-licensed fund administrator ILS Fund Services has reported growth in assets under administration (AUA) to USD3 billion and the company now provides services to 27 ILS funds.
“We are extremely proud of this achievement and very thankful to our clients that have supported and grown with us since we opened our doors for business in early 2012,” says Brian Desmond, a Founder and Director of the Company. “It’s been a busy and exciting time in the ILS space the last few years and we see this trend continuing for the foreseeable future. Our growth in assets reflects the success of
February was a risk-on month in markets, with investors deploying capital and equities rallying globally, while perceived safe-haven assets, such as US Treasuries, UK Gilts, German Bunds and gold sold off.
The MSCI World index was up 5.9% in February, which more than offset January’s losses. This backdrop proved positive for hedge funds with the HFRX Global Hedge Fund index up 2.0%.
February’s buoyant equity and credit markets were largely a continued reflection of the expected impact of the ECB’s January QE announcement, according to Anthony Lawler, portfolio manager at GAM.
“Following the announcement, hedge fund exposures were rewarded
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