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SS&C Technologies is now supporting 150 customers through the SS&C GlobeOp Regulatory Solutions Group, which assists funds of all types with Form PF, FATCA, AIFMD and other compliance and reporting rules.
Recent additions in the first quarter of 2014 take the total number of customers to more than 150 customers and 2,000 funds.
“We’ve relied on SS&C GlobeOp for fund administration services for many years, and using their regulatory services has enhanced our ability to better serve our customers while ensuring compliance with the numerous regulatory changes. This is a critical measure of our success,” says Robert Swan, chief
All seven of IndexIQ’s hedge fund replication and alternative beta indices, which underlie a variety of investment products including ETFs, mutual funds and institutional accounts, produced positive performance in May.
The IQ Hedge Event-Driven Beta Index led the way with a return of 1.99 per cent, followed by the IQ Hedge Long/Short Beta Index (1.42 per cent), the IQ Hedge Fixed Income Arbitrage Beta Index (1.28 per cent), and the IQ Hedge Composite Beta Index (0.97 per cent).
The IQ Hedge Global Macro Beta Index recorded the lowest return for the month at 0.32 per cent, with the IQ
Crystal & Company, a risk and insurance advisor, has been named Best North America Insurance Provider at the 4th Annual Hedgeweek USA Awards.
Bringing together the top names in the US hedge fund industry to celebrate the achievements of the best performing managers and service providers, the Hedgeweek USA Awards were announced on 28 May 2014 in an evening ceremony held in New York City.
Sandy Crystal, executive vice president at Crystal & Company, says: "Crystal & Company is honoured to be recognised for developing innovative risk management and insurance solutions for the ever evolving needs of world's leading
Morgan Stanley Alternative Investment Partners (AIP) has obtained USD500 million in commitments for AIP Strategic Opportunities Fund I (SOF I), a closed-end fund focused on medium-term opportunities in the hedge fund space.
SOF I will focus primarily on hedge fund secondaries, hedge fund co-investments and other opportunistic hedge fund strategies.
Mark van der Zwan and Jarrod Quigley, managing directors, are SOF I's primary portfolio managers.
"We are pleased that we have achieved our fundraising goal for SOF I," says Mustafa Jama, chief investment officer of the Morgan Stanley Alternative Investment Partners hedge fund group. "We believe that the
Five out of six of Market Vectors Index Solutions’ (MVIS) investable hedge fund beta indices recorded positive performance in May.
Each index is constructed using transparent, liquid ETFs to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption restrictions.
MV Asia (Developed) L/S Equity Hedge Fund Beta Index was the top performer with a return of 1.42 per cent.
This was followed by the MV Global Event L/S Equity Hedge Fund Beta Index (0.93 per cent), the MV North America L/S Equity Hedge Fund Beta Index (0.89 per cent), the MV Emerging Markets L/S Equity Hedge
Institutional asset manager Insight Investment has appointed Svein Floden as head of business development for liquid alternatives in the Americas.
Based in New York, he will report to Philip Anker, global head of distribution at Insight.
Floden (pictured) will be responsible for developing products and implementing a distribution plan for Insight’s liquid alternatives, total return and absolute return products across the Americas.
Floden joins Insight from Deutsche Bank Asset and Wealth Management where he has spent the past 14 years, most recently as head of hedge fund sales and marketing for wealth management Americas and director of institutional alternatives
BDO, the accountancy and business advisory firm, has promoted Alex Ellerton and Vanessa Bradley to partner in the firm’s financial services team.
Bradley trained with BDO and qualified as a chartered accountant in 2000. She undertook a two year secondment to BDO USA where she specialised in hedge funds and investment management and qualified as a US certified public accountant. Bradley returned to London in 2003 and was promoted to director in 2012. She has broad audit and advisory experience in private equity, funds, investment management and broker dealers.
Ellerton trained with Deloitte and has spent 14 years providing risk
ERI Scientific Beta, the smart beta index provider offshoot of EDHEC-Risk Institute, has named its international executive team covering the ERI Scientific Beta locations in Boston, London, Nice, Paris, Singapore and Tokyo.
Noël Amenc, PhD, is member of the ERI Scientific Beta management board and CEO. Professor of finance at EDHEC Business School, where he heads EDHEC-Risk Institute, Amenc has conducted active research in the fields of quantitative equity management, portfolio performance analysis, and active asset allocation, resulting in numerous academic and practitioner articles and books. He is a member of the editorial board of the Journal of Portfolio Management,
The SYZ & CO group has launched a retail class for OYSTER European Selection, the fund of its Luxembourg Sicav OYSTER.
Until now, this fund launched in 2011 was available only to institutional investors.
Since it was launched, OYSTER European Selection has ranked in the first percentile of European equity funds, with a cumulative performance of +83.6 per cent.
Launched in November 2011 and managed by Eric Bendahan, OYSTER European Selection retains the approach and philosophy of the fund OYSTER European Opportunities but with a longer investment horizon (more than five years). This enables the manager to be
Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (ICE), has appointed Jos Dijsselhof as chief operating officer with effect from 1 July 2014, pending regulatory approvals.
His role will be to ensure seamless and orderly operations across Euronext’s pan-European markets.
Dijsselhof (pictured) has more than 20 years’ experience in the financial industry. Until this appointment, he was general manager group hubs at Australia and New Zealand Bank (ANZ) based in Singapore, where he created and expanded ANZ’s integrated network of offshore services for banking operations, shared services, technology and corporate functions. This covered 9,000 staff from India, the Philippines, China and
