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Miles Capita has expanded its Alternative Markets Solutions (AMS) services providing a holistic and accessible platform to help insurers allocate to alternative asset classes and strategies.
Miles Capital provides guidance, due diligence, objectives-based asset allocation, industry access, compliance, and practical delivery of alternative assets through a flexible approach. Miles Capital has provided this service to current clients but will now broaden the scope to allow insurers nationwide to take advantage of AMS benefits.
“We are excited to bring AMS to the broader market,” says Gregory Boal, CEO and CIO of Miles Capital. “This is a genuinely different approach to
With interest rates and credit spreads near historic lows and equity valuation above historical averages, many people are concerned that the Federal Reserve, by artificially keeping rates low, has created a 2007 type asset bubble in the capital markets where many securities are priced to perfection.
What happens to the financial markets when the Fed begins to raise interest rates or there is some other economic shock to the financial system, and what impact will this have on the hedge fund industry? We recently saw a glimpse of this from mid-September to mid-October when we experienced a slight tremor in
Taliance, a global analytics provider serving the alternative investments marketplace, has released a new version of its asset and data agnostic platform, GlobalAsset.
The new release enables users to view their investment platform as a whole and then drill down into asset level detail, while also providing a top level view of their cash flow and complete asset portfolios.
According to Carol Penhale, chief client experience officer, Taliance: "This represents our biggest step forward yet in turning GlobalAsset into the holistic platform of choice in the alternative investment market.
"It further streamlines our solutions offering and customers who have
NewSmith has launched the NewSmith European Fund, a UCITS long-short equity fund for UK and European investors.
The fund will be managed by Jean Maigrot, European Equity Investment Leader at NewSmith. Jean has 28 years’ experience of trading European equities, and was previously head of trading teams at Salomon Brothers (1992-1996), HVB (1998-2001) and ABN Amro (2002-2007). He joined NewSmith in 2007.
The fund’s investment strategy is equity long/short focusing on large cap European stocks. It will follow the same strategy as NewSmith’s offshore long/short equity fund which has a strong seven year track record, posting 29% net returns
With developed market equities being increasingly regarded as overvalued throughout the first three quarters of 2014, Q4 marks a reversal of this trend, according to research by the CFA Society of the UK (CFA UK).
The CFA UK Valuations Index reveals that the proportion of investment professionals that view developed market equities as overvalued has fallen from 55% to 42% in the last quarter with 23% now believing there is value in the asset class, up from 12% the previous quarter.
Emerging market equities continue to be the only asset class regarded as undervalued by a majority of investment professionals
In this report S&P Capital IQ examines how credit events can impact on the price of equities. The results are compelling. The report looks at the relationship between credit indicators and equity back-tested returns. ​
Please click here to view this video
S&P Capital IQ’s research reveals equity investors could pay attention to certain key fixed income signals. As during times of stress, trouble can often be seen in the top line of companies first. Their research found that rating analyst downgrades often preceded trouble in the equity price of companies in the next month. The research focused on three geographies
An exemption which will enable Jersey-regulated fund managers to be appointed in relation to managed accounts has now been introduced.
According to law firm Ogier, this will enable hedge fund managers that are already regulated under the Financial Services (Jersey) Law (FS Law) in Jersey to carry out fund services business (FSB) to also service qualifying segregated managed accounts (QSMAs) without the need to seek additional regulation for the conduct of investment business under the FS Law.
This responds to a continuing growth in the number of Jersey-based hedge fund managers. As well as simplifying the regulatory position this
VAM Group has appointed Stephen Kevan as Group Marketing Director.
The role is a new one that will see Kevan work closely with Andre Le Roux, VAM Group Managing Director, Michael Hunt, Managing Director of VAM Funds, which operates a Luxembourg UCITS IV fund range, and Jeanne Makuch, Managing Director of The Mauritius Administration and Trust Company (MATCO).
Kevan, whose past roles include Marketing Director for Old Mutual International and Head of Marketing for Barclays Wealth, will oversee strategic marketing across VAM Group’s companies.
Peter de Putron, VAM Group Chairman, says: “Stephen’s appointment as Group Marketing Director will
Euronext is to launch a dairy derivatives complex in spring 2015, covering the three key dairy products currently traded in Europe and internationally: butter; skimmed milk powder; and whey powder.
The full suite of futures and options will allow the European dairy community to hedge its exposure to price fluctuations in this volatile market, just as the milk quotas expire in the European market. This launch is subject to relevant regulatory review.
The European market is the world leader in dairy production and the second largest exporter of dairy products worldwide. On 31 March 2015, milk quotas, originally initiated
Credit profiles remain stable, but maturities lengthen in euro and sterling funds
Paris, November 26, 2014 —
In the third quarter of 2014,
US and euro money market funds (MMFs) increased their exposures to European financial institutions in Q3 2014, according to the latest quarterly MMF reports from Moody's Investors Service.
Maturities in euro and sterling funds increased, owing to the low rates in Europe and ongoing attempts by funds to compensate for dwindling yields.
In third-quarter 2014, assets under management in US-domiciled prime MMFs grew 1.6% to USD637 billion, following a 4% decline in the second quarter. In European
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