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Alternative investment management firm Evanston Capital Management has appointed Lance Donenberg as principal and head of strategic business development, effective 1 October.
Donenberg has overall responsibility for the firm’s business development and client service functions. He joined Evanston Capital Management from Man Group plc, where he served as co- head of North America and head of business development.
“Lance is a highly accomplished and recognised leader in the alternative asset management business, with deep industry relationships and many years of notable success,” says Adam Blitz, Principal, chief executive and chief investment officer, Evanston Capital Management.
“I am excited
Managed futures gained 2.14 per cent in September, according to the Barclay CTA Index compiled by BarclayHedge.
After three quarters of the year, the index is up 4.45 per cent.
“Although the year-to-date return is modest, more than 75 percent of the CTAs that have reported data through September are having a profitable run,” says Sol Waksman, founder and president of BarclayHedge.
All eight of Barclay’s CTA indices had gains in September. The Diversified Traders Index gained 2.66 per cent, Agricultural Traders were up 2.64 per cent, Systematic Traders gained 2.01 per cent, and Currency Traders added 1.36
ConvergEx Group’s Westminster Research Associates has released a new Commission Management Platform with enhanced navigation, usability and design features.
“We are pleased to provide our clients with a powerful new web-based solution to manage their CSA business,” says Dan Sheehan, head of operations for Westminster. “Many of the features incorporated into our new offering have been driven by client demand and the need to have more robust workflow controls in place.”
In addition to improving the look, feel and overall ease of use of Westminster’s patented CSA platform, a number of workflow and efficiency improvements have been added including:
NTT Data and Lombard Risk Management have teamed up to offer a globally-scalable collateral management solution.
Lombard Risk's COLLINE collateral, clearing and optimisation solution combines with NTT Data's knowledge of country-specific regulatory environments, business and operational expertise, and cost-effective global delivery to provide customers with a solution that increases the efficiency of their collateral operations.
While fundamental reform of derivatives and secured lending markets in the aftermath of the 2008 financial crisis has rested on the efficient exchange of collateral as a key to counterparty credit risk mitigation, collateral management represents an ongoing challenge for most Financial Services
Geoffrey F Aronow, former US Securities and Exchange Commission (SEC) general counsel and international affairs chief counsel, has joined the SIdley Austin as a partner in its global securities & derivatives enforcement and regulatory practice.
Aronow (pictured), who previously served as director of the Division of Enforcement at the Commodity Futures Trading Commission (CFTC), will maintain residence in both the firm’s Washington, DC and New York offices. He will focus his practice on advising clients on SEC and CFTC enforcement matters and representing them before various federal agencies including the SEC, CFTC and other federal financial regulatory agencies, as well as
Castle Harbour Securities has appointed Damien Regnier, previously portfolio manager for global convertible bonds at Deutsche Asset & Wealth Management, to co-manage a new global convertible bond fund.
Castle Harbour plans to launch the R&D – Pure Global Convertibles Fund in Q4 2014 and is to seed the fund with EUR200 million.
Regnier managed the Morningstar 5-star rated DWS Invest Convertibles fund, now renamed Deutsche Invest I Convertibles fund, which was in the top two per cent of its Bloomberg peer group for year-to-date performance.
He will adopt the same "pure" non-benchmarked, investment-grade strategy focused on institutional investors
Conifer Financial Services is the latest addition to the partner list of AltX, a cloud-based data analytic network which combines financial analytics with behavioural dimensions.
AltX helps investors and funds discover one another, by creating new ways to view and evaluate investment opportunities and gather better insights.
Conifer, an independent asset services firm, has over 200 clients worldwide, representing more than USD100 billion in combined assets under administration (AUA). The firm has broad experience offering front-to-back capabilities across all asset classes for hedge funds, pensions, endowments, foundations, funds-of-funds, family offices, private equity and venture capital.
Conifer president and
The SS&C GlobeOp Forward Redemption Indicator for October 2014 measured 3.12 per cent, down from 3.25 per cent in September.
“October’s forward redemptions decreased slightly from September, but remain in line with historical averages,” says Bill Stone, chairman and chief executive officer, SS&C Technologies.
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp on the SS&C GlobeOp platform, divided by the AuA at the beginning of the month for SS&C GlobeOp fund administration clients on the SS&C GlobeOp platform.
Forward redemptions as a percentage
Gottex Fund Management is on track to launch its first UCITS RQFII China product during the first quarter of 2015, according to the group’s latest trading statement for the quarter ended 30 September 2014.
The product will invest in onshore China A-shares and be managed by the Gottex-VStone office in Shanghai. The company also expects to launch liquid alternatives risk premia products and investment solutions during the next six months.
Gottex launched an Asian hedge fund seeding fund in August with USD310 million of committed capital by the group’s partner HS Group in Hong Kong.
Client assets at
The Securities and Exchange Commission (SEC) has named Marc Wyatt as deputy director of the agency's Office of Compliance Inspections and Examinations (OCIE).
Wyatt joined the SEC in December 2012 as a senior specialised examiner focused on examinations of advisers to hedge funds and private equity funds. He is also the national co-coordinator of OCIE’s Private Fund Specialised Working Group and recently participated in the creation of its Private Fund Examination Unit, whose attorneys, accountants, and examiners specialise in examinations of advisers to private funds.
“During his time here, Marc has demonstrated exceptional drive, judgment, and knowledge of the
