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Fund servicing specialist Atlantic Fund Services in now operating in eight markets around the world following the opening of the firm’s new London office.
The UK office will focus on business development.
“London is a city of decision makers and a true centre for asset managers. We just have to be present here,” says Roman Lewszyk, CEO of Atlantic’s European business.
The new office is headed by Julian Naylor, a financial services IT executive. For the past 25 years Naylor has specialised in information technology and asset servicing. Prior to joining Atlantic, Naylor was managing director of confluence,
As much as USD70 billion is up for grabs for global hedge funds looking to raise money in Asia over the next few years, according to a Barclays survey.
Vast private wealth in the region and the rise of several large sovereign-wealth funds has long been an opportunity for global hedge fund managers. Asian investors, though, continue to account for a small portion of industry assets and have proven notoriously hard to win over.
Investors in the region currently account for around USD150 billion invested in global hedge funds, Barclays said, a sliver of the roughly USD2.5 trillion managed by the
4th Story has introduced a new set of tools that aim to simplify workflow and improve efficiency for analysts and portfolio managers.
The tools are targeted at the cumbersome, repetitive tasks that are necessary for PMs to stay abreast of the market and its interaction with the portfolios they manage. The integration of dynamic data from multiple sources often involves complex spreadsheets and repeated tedious interaction with third party terminals and platforms.
The new 4th Story tools build on the firm’s analytic capabilities to automate these tasks and produce reports that are both visually engaging and portable.
“Our
Robert K Steel has joined investment advisory and asset management firm Perella Weinberg Partners as chief executive officer, with effect from 7 July 2014.
Joseph Perella will continue in an active role as chairman, while co-founders Terry Meguid and Peter Weinberg will remain in their roles as co-head of asset management and head of advisory, respectively.
Steel’s (pictured) career of almost 40 years in financial services includes both public and private sector experience. Most recently he was New York City’s Deputy Mayor for Economic Development under Mayor Michael Bloomberg, where he spearheaded the administration’s major redevelopment projects.
As
Alternative investment management firm Evanston Capital Management (ECM) has appointed Carl Gargula as vice president – business development.
In this newly created role, Gargula will be responsible for marketing in the RIA, family office, bank, broker/dealer, and financial intermediary channels.
“Carl brings a wealth of experience in the RIA and high net worth channels, and we are very pleased to welcome him to ECM,” says Adam Blitz, chief executive and chief investment officer, Evanston Capital Management. “Carl will organise our marketing and communication efforts in these channels and help us assess needs and trends within that investor segment. We
BHA is to host the fourth Select Hedge Funds conference at Fenway Park – home of the Boston Red Sox – in Boston on 15 and 16 September 2014.
BHA Select Hedge Funds: Boston 2014 is a two day conference dedicated exclusively to one-on-one meetings between the premier hedge funds of 2014 with institutional and family office investors from around the globe.
Intimate introductory meetings will take place in the executive suites overlooking Fenway Park.
The event will include breakfast, lunch and dinner each day, entertainment, and networking opportunities.
Attendance at BHA Select Hedge Funds: Boston 2014
The international derivatives market Eurex Exchange is expanding its interest rate derivatives segment with the addition of physically deliverable Euro-Swap Futures, available from 1 September.
The new Euro-Swap Futures contracts are based on euro-denominated interest rate swaps with varying maturities (two, five, 10 and 30 years) and fixed rates.
On maturity of the futures contracts, a standardised euro-denominated interest-rate swap with the corresponding maturity and a fixed interest rate against a variable six-month Euribor rate will be delivered.
“The Euro-Swap Futures provide our participants with a cost-effective product which tracks the risk of the underlying with the margin
The Hedgeweek USA Award 2014s, presented today in NYC, brought together the leading names in the US hedge funds industry to celebrate the achievements of the best performing managers and service providers in 2013.
With 2014 starting positively for many hedge fund sectors, the industry is reaping the benefits of responding positively to growing regulatory demands while focusing on generating results for investors.
The awards were determined by the votes of Hedgeweek's 41,000 subscribers, who include institutional investors, wealth managers, fund managers and other industry professionals at firms including fund administrators, prime brokers, custodians, law firms, custodians and advisers.
The
Customers of Enyx will now be able to access nxFeed, the firm’s ultra-low latency FPGA-based market data distribution system, through Options’ Velocity market connectivity and application hosting service.
The solution enables users to access, via a single API, an ultra-low latency feed of filtered, normalised market data for ten key US equities markets (NYSE, Arca, Amex, NASDAQ, BX, PSX, BATS BYX, BATS BZX and Direct-Edge EDGA and EDGX), offering the levels of jitter-free and performance of FPGA technology while maintaining feature and accessibility levels offered by conventional software solutions.
The service is initially being offered from Options co-location facilities
Eurex Exchange, the international derivatives market of Deutsche Börse Group, is to extend its product range by introducing foreign exchange (FX) derivatives as a new asset class.
Effective 7 July 2014, exchange-traded currency futures and options will be offered on the following main currency pairs: EUR/USD, EUR/GBP, EUR/CHF, GBP/USD, GBP/CHF and USD/CHF.
“With this step we are making a further important contribution to increasing the transparency and safety of financial markets. We have tailored our products to market practices and want to provide efficient and effective access to our marketplace,” says Mehtap Dinc, member of the Eurex executive board.
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