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Finisterre Capital, the absolute return emerging market specialist, has appointed Christopher Buck as head of credit research.
The hire comes as part of further strengthening of Finisterre’s investment team, in response to the strong growth of both the Finisterre Credit Fund’s and the firm’s overall assets under management.
Buck was most recently at Barclays Capital where he was the head of LatAm corporate credit research, managing a team covering investment grade, high yield and distressed bonds in the region.
In May, Bartosz Pawlowski joined Finisterre from BNP Paribas where he was previously the global head of emerging
S&P Capital IQ, a business unit of McGraw Hill Financial, and Kuberre Systems have launched a tool for traders, market makers and portfolio managers which offers real-time alerts about relevant news and information affecting investment holdings.
The new product, Event Fusion, draws from disparate data sources, culling out news about events that users deem relevant and providing actionable real-time notifications over a wide range of preferred devices.
Event Fusion offers a simple process for incorporating market data or news feed subscriptions and bundling them with social media or other unstructured data sources. In addition, with technology developed by Kuberre,
Following the decision by the California Public Employees’ Retirement System (CalPERS) to withdraw from their exposure to hedge funds, Preqin looks at the wider trends of US state pension plans’ exposure and activity in the hedge fund asset class. Read more…
Preqin evaluates investor appetite for liquid alternatives and managed account structures, and examines the reasons behind investors’ growing interest in these specialized structures, based on the results of surveys with 100 institutional investors in hedge funds and 150 hedge fund managers.
In recent years, demand for greater liquidity and transparency among institutional investors has led to growing appetite for liquid alternatives and managed account structures.
These fund structures offer investors an alternative to pooled hedge fund investments and help to make hedge fund strategies accessible to different investor groups which may have previously been unable to invest in the asset
Privium Fund Management has launched the Privium Sustainable Alternatives Fund, which aims to achieve long-term capital growth by investing in investment funds focused on sustainable alternatives.
This includes micro finance funds and sustainable real estate.
The fund is structured as a Fund For Joined Account (FGR), domiciled in The Netherlands and registered with the Autoiteit Financiele Markten (AFM).
Privium has appointed Triodo MeesPierson Sustainable Investment Management BV as the fund’s investment advisor. Since launch in September, the fund has already received subscriptions totalling more than EUR215 million.
Mark Baak, director at Privium Fund Management, says: “We are
Confluence, a provider of data-driven solutions to optimise asset management operations, efficiency and control, has appointed Irfan Salim to its board of directors.
Salim brings with him more than 30 years of experience leading fast growing business software companies.
Salim most recently served as president and CEO of MarkMonitor, a leader in the enterprise brand protection space, which was acquired by Thomson Reuters in 2012.
Prior to MarkMonitor, he was the president and chief operating officer of Zone Labs, an internet security company, where he led its growth strategy and ensuing sale to Check Point Technologies in 2004.
Regulation and more detailed operational due diligence questionnaires used by institutional investors are pushing hedge funds to the limit of data management. Transparency is as great as it has ever been, but with that comes the need to process enormous volumes of data. Right now, however, large numbers of hedge funds do not have the required operational infrastructure to run a ‘Big Data’ strategy.
According to the results of a survey published by Thomson Reuters on 12 August 2014, 41 per cent of respondents (including broker-dealers, asset managers and hedge funds) currently lack a big data solution. The survey, ‘Big
September proved a challenging month for many investors as equities, bonds and credit sold off.
The MSCI World index was down 2.7 per cent, while the Barclays Global Aggregate Bond index lost 2.8 per cent, according to GAM.
Global macro hedge funds delivered 1.5 per cent, while the broader hedge fund universe was down 0.8 per cent, as measured by the HFRX Macro/CTA index and the HFRX Global Hedge Fund index, respectively (returns stated in US dollar terms).
“September was an encouraging month for global macro investors as the strategy delivered positive returns in the face of rising
AIFMD Annex IV reporting is rapidly approaching for alternative investment fund managers (AIFMs) and with that deadline has come a last minute scramble to determine reporting requirements, according to ConceptOne.
The FCA released two documents pertaining to Annex IV reporting for both EU and non-EU AIFMs on 29 September and a related Q&A on 1 October, 2014. The documents seek to clarify questions on report content and timing which are still causing confusion for managers.
Coinciding with the FCA releases, ESMA published its long awaited update to the Questions and Answers, Application of the AIFMD. The update answers a
Vanguard this week launched four Irish-domiciled Exchange Traded Funds (ETFs) on the London Stock Exchange. The new funds complement Vanguard’s existing ETF range and will give UK investors the opportunity to construct low-cost equity portfolios with greater international diversification.
Vanguard Asset Management now offers thirteen ETFs in the UK. Since launching its range in May 2012, Vanguard now has more than USD10bn in European ETF assets under management.
The new ETFs will seek to track the performance of broadly diversified FTSE indices. The ongoing costs for Vanguard’s European ETF suite range from 0.07 per cent to 0.29 per cent
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