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Pershing has launched its Alternative Investment Center, the latest addition to an expanding suite of alternative investment solutions, at its INSITE 2014 conference in Hollywood, Florida.
Pershing's Alternative Investment Center, which can be accessed through NetX360, the firm's technology platform, provides advisors access to the educational resources, research and tools required to provide solutions for their clients seeking alternative investment strategies.
Pershing has also added new alternative investment asset classess to FundVest 200, the firm's research-driven list of no-transaction fee mutual funds, including domestic and international real estate, credit/event-driven, managed futures, absolute return and multi-strategy funds.
Investor appetite
High alpha boutique Argonaut Capital Partners, a specialist in managing European equities, has appointed Keith Speck as sales manager, London & Europe.
Speck joins Argonaut from Baker Tilly Investment Solutions (previously RSM Tenon Investment Solutions), where he led the investment team.
Prior to RSM Tenon, Speck was head of multi-manager at Santander Asset Management, with responsibility for managing the bank’s multi-manager fund ranges, and assets under management in excess of GBP3bn. Speck also managed a fund range for an institutional client, and was responsible for launching the bank’s Portfolio Investments range of funds.
Starting his investment career at
Asia’s large hedge funds are turning to companies outside the region to deliver better returns on the billions of dollars they have raised, reports Bloomberg.
Azentus Capital Management Ltd., with about USD800 million in assets, generated more than a third of its 17 per cent return last year outside Asia, said a person with knowledge of the performance. Tybourne Capital Management (HK) Ltd. reported USD848.8 million worth of US-listed securities at the end of March and Myriad Asset Management Ltd. disclosed USD476.9 million, according to their 13F filings with the US Securities and Exchange Commission.
“Previously, you generally saw
FSMLabs and Spectracom have formed a new partnership to address the most complex synchronization challenges for time-sensitive network operations.
As the first step, Spectracom has launches a 10 gigabit-per-second high-accuracy network clock that integrates FSMLabs software with its GPS timing technology and high speed network interfaces. This combination sets a new standard for network performance and dependability in critical enterprise network applications.
The collaboration between Spectracom and FSMLabs addresses the requirements of demanding data centre operations that depend on speed, security and availability in parallel with the delivery of exceptional performance relative to low latency and high packet speeds
The US Commodity Futures Trading Commission (CFTC) has issued a time-limited no-action letter that extends relief to swap dealers (SDs) registered with the Commission that are established under the laws of jurisdictions other than the US from certain transaction-level requirements under the Commodity Exchange Act.
On 14 November 2013, DSIO issued an Advisory in response to inquiries from swap market participants regarding the applicability of the Commission’s Transaction-Level Requirements in certain situations.
Subsequent to the issuance of the DSIO Advisory, concerns were raised by certain Non-US SDs regarding compliance with the Transaction-Level Requirements, who represented that, in order to
Deutsche Asset & Wealth Management (DeAWM) has formed a new partnership with the Chartered Alternative Investment Analyst (CAIA) Association.
In response to the global growth of alternative investment products, DeAWM is partnering with the CAIA Association to offer the Fundamentals of Alternative Investments Certificate Program to its client coverage and investment professionals globally.
DeAWM is the first asset manager to require certification of its retail coverage in the Americas.
“As DeAWM looks to leverage its alternative investment expertise for retail investors, we are excited to partner with CAIA,” says Robert Kendall, head of DeAWM retail distribution, Americas. “The
May proved to be a supportive month across most asset classes, with global equities posting broadly positive returns while bond yields tightened and credit rallied.
Against this backdrop, hedge funds had a positive month with the HFRX Global Hedge Fund index closing up 0.5 per cent in US dollar terms.
GAM portfolio manager Anthony Lawler says he expects the reach for yield by global investors to continue to dominate markets and hedge fund positioning going into June.
"The reach for yield is having a significant impact across markets as pension funds and other investors adjust to a world
BCS Financial Group, the largest broker of equities and derivatives on the Moscow exchange, has appointed Dr. Vladimir Tikhomirov as its new chief economist.
Tikhomirov will help drive strategic decisions in the BCS Financial Group and will lend his economic weight to helping to grow the business.
Tikhomirov joins BCS from Otkritie Financial Corporation where he has worked as chief economist since 2010. He was also chief economist at at URALSIB Financial Corporation and NIKOIL Brokerage which he joined in 2001.
Joseph Dayan, executive director and head of markets at BCS Financial Group, says: “As BCS continues to
Alternative asset management firm Sandell Asset Management has chosen SunGard’s Hedge360 for its portfolio management platform.
Hedge360 will enable Sandell to automate processes and offer a hosted, enterprise-wide solution that fully integrates with its trading, risk and operations.
“Reducing our operational costs, strengthening our infrastructure while supporting complex instruments and multiple strategies is on top of our firm’s agenda. As a highly customised solution, Hedge360 meets all of our requirements to help us increase operational efficiency while offering scalability critical to our future business activities,” says Rick Ecklord, senior managing director, Sandell Asset Management.
“Transparency and accountability becoming
Deutsche Asset & Wealth management and Ivory Investment Management have launched the UCITS compliant DB Platinum Ivory Optimal Fund on Deutsche Bank’s UCITS platform.
The fund, currently at USD130 million, will be managed by Curtis Macnguyen, founder and head portfolio manager of Ivory.
Ivory is a research-intensive, fundamental value-based investment firm. Ivory’s investment strategy is to deliver risk-adjusted returns with low correlation to market indices, while protecting capital in all market conditions. Ivory seeks to take long and short positions primarily in equity securities of publicly traded companies.
Ivory manages over USD2 billion in equity strategies and is
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