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Eze Castle Integration has launched an Emerging Managers Insight Article Series aimed at emerging hedge fund managers.
It brings together expert guidance from industry insiders across prime brokerage, legal and compliance, technology and fund management.
Contributors to the series include senior leaders at Eze Castle Integration, Jefferies & Company, Rothstein Kass, and Tannenbaum Helpern Syracuse & Hirschtritt.
The Emerging Managers Insight Article Series is published on Eze Castle Integration’s corporate blog, Hedge IT, and article topics include:
• The Prime Brokerage Perspective for Emerging Managers
• Should I Go With the Flow Into Liquid Alts? Critical Questions
Average daily volume (ADV) in VIX futures was 183,612 contracts during March, a 14 per cent increase from March 2013 and a 15 per cent decrease from February's record ADV.
March total trading volume in VIX futures was 3.86 million contracts, a 20 per cent increase from March 2013 and a six per cent decrease from February.
Exchange-wide ADV during March was 183,863 contracts, a 14 per cent increase from a year ago and a 15 per cent decrease from the record ADV in February. Exchange-wide total volume during the month was 3.86 million contracts, a 20 per
Options, a private financial cloud provider for the global capital markets industry, plans to build a giant data centre in northwest Iceland, at the very tip of the Arctic Circle.
As part of the announcement, the IaaS provider also confirmed that it soon plans to approach the Icelandic government with a proposal to take a 100-year lease on an area of land in the Westfjords region of Iceland, a large peninsula famous as the most western point in Iceland.
The data centre, scheduled for completion on 1 April 2018, will be the firm’s first in the Arctic region.
The
By Brian Kelliher & David Lawless, Dillon Eustace – Since the establishment of the International Financial Services Centre in Ireland in 1988, Ireland has become a domicile of choice for asset managers seeking to establish regulated funds for distribution worldwide.
Over 430 global fund promoters have used Ireland as a fund domicile in order to establish regulated funds. As of 31 December 2013, there were 5,599 Irish domiciled funds with assets of approximately EUR1.344trn1. Such funds are regulated by the Central Bank of Ireland (the “Central Bank”), which is the competent authority with responsibility for the authorisation and supervision of funds
The Financial Conduct Authority (FCA) has revealed its thematic supervisory plans for 2014/15 as a central part of its annual Business Plan.
The supervisory plan contains much that will be of relevance to asset managers and provides an indication of how the regulator’s conduct focused agenda will impact both retail and wholesale investment management.
The plan builds upon FCA chief executive Martin Wheatley’s recent comments that “Over the next year we will increase the intensity with which we supervise wholesale conduct to ensure that transactions undertaken by these firms do not have a harmful impact on market integrity.”
Three of Market Vectors Index Solutions’ (MVIS) six investable Hedge Fund Beta Indices recorded positive performance in March.
MV Emerging Markets L/S Equity Hedge Fund Beta Index led the way with a return of 0.77 per cent, followed by MV Global L/S Equity Hedge Fund Beta Index (0.41 per cent) and MV Global Event L/S Equity Hedge Fund Beta Index (0.21 per cent).
The three indices in negative territory for the month – MV Asia (Developed) L/S Equity Hedge Fund Beta Index, MV North America L/S Equity Hedge Fund Beta Index and MV Western Europe L/S Equity Hedge Fund
Lyxor Asset Management has published a new white paper looking at the use of hedge funds in strategic asset allocation.
In recent years, the hedge fund industry grew faster than non-alternative investments and assets under management surpassed 2007 levels at the end of 2013.
The interest of investors in hedge funds is historically driven by their appealing homogeneous performance before 2008, then considered as a single asset class. However, some strong divergences between strategies have appeared since (+/- 15 per cent), as they become more mature and granular.
A new paradigm appears and investors should now look at the
Algorithmic trading strategies are taking hold in FX – a development that is providing a boost to proprietary bank trading systems that had been losing market share to multi-dealer trading platforms.
According to a new report, FX Electronic Trading 2014 – Global Trends and Competitive Analysis from Greenwich Associates, 11 per cent of FX market participants now use execution algorithms for some portion of their trading, up from just seven per cent in 2012.
This report is based on the results of more than 1,500 interviews with buy-side FX users.
Greenwich Associates projects that global use of algorithmic trading
Gar Wood Securities has added three industry veterans, Darren Day, Christopher Calvert and Joseph McDonald.
Gar Wood's expansion is an effort to increase the firm's presence in the emerging manager space by providing prime brokerage and capital introduction to new and emerging fund managers.
The new group offers a combined 40 years of financial market experience, as well as many aspects of fund formation, trading and capital raising.
Day was previously a board member and partner at Concept Capital Markets, after forming and subsequently selling Alaris Trading Partners to Concept Capital Markets.
Calvert assisted in the launch
Misys has launched a new regulatory reporting service, enabling corporates, fund managers and smaller banks to meet their EMIR-specific reporting requirements.
Offered as a software-as-a-service (SaaS) solution, it enables customers to report to a trade repository on the execution, modification and termination of a derivative transaction, without needing to implement or maintain new systems.
The EMIR regulations makes it mandatory for both parties to a derivative trade to report all new, modified, cancelled and terminated transactions by the close of the following day, with each party responsible for the accuracy of the data reported.
The service from Misys
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