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Wilshire Funds Management has chosen InfraHedge to provide an operational and risk solution for the Wilshire managed account platform.
Wilshire has been advising clients on absolute return strategies since the early 1990s and was an early adopter of separately managed accounts for hedge fund investments.
As the managed account market has evolved, Wilshire has refined its platform and selected InfraHedge to provide the next generation of operational and risk infrastructure including daily position-level risk reporting.
“Our managed account platform is an important differentiator as we continue to expand our presence as a premier provider of hedge fund advisory
Cracking the block market is a tall order and has been for the past decade, TABB Group says in new research.
Although buy-side firms trading equities have continued to value block trading, there’s been a significant gap between what could trade as a block, the amount the buy side wants to trade in blocks and the actual block numbers – a gap that has persisted despite a number of efforts to “crack the code”, each with inherent limits.
To facilitate block trading successfully, says Sayena Mostowfi, senior analyst at TABB who wrote the new report, “Equity Market Structure: Stumbling
Bank of America Merrill Lynch (BofAML) and Sandell Investment Services have launched the Merrill Lynch Investment Solutions – Castlerigg Equity Event and Arbitrage UCITS Fund.
The sub-fund, which merges Sandell’s Castlerigg Merger Arbitrage UCITS fund onto the Merrill Lynch Investment Solutions (MLIS) alternative UCITS platform, provides institutional investors access to a variety of announced equity event-driven and arbitrage opportunities in developed markets.
The portfolio’s overall objective is to generate consistent net returns that are less dependent on systematic influences than traditional investments.
The Sandell fund was launched in October 2010 and joins the MLIS platform with approximately USD200m
SuMi TRUST Global Asset Services' trustee business, SMT Trustees (Ireland) Limited, has been appointed as the AIFMD depositary for Cologny Advisors’ Camox Fund.
The investment strategy of the Camox Fund is based on fundamental research in the selection of securities for both long positions and short positions.
The investment manager runs its own valuation models for each of its individual investments and holds meetings and discussions with the management of companies in which it invests or is considering for investment. The policy of the Camox Fund is to maintain a concentrated portfolio of equities mainly across the European region
Alternative investment marketplace FNEX has teamed up with PENSCO Trust Company to enable PENSCO clients and their advisors to access FNEX.com through their PENSCO accounts.
Through this partnership, investors and financial advisors who custody with PENSCO will be able to source, review and invest in a variety of alternative investments.
Launched in September 2013, FNEX.com is a web-based platform that provides accredited investors, investment advisors, family offices and institutions access to private investment opportunities offered by investment banks and funds across the US. The distribution platform lists offerings and provides investors with the necessary tools to educate themselves on
Peak Ridge Capital has appointed Daniel J Greene as a partner.
Greene will be primarily responsible for assisting Peak Ridge Capital in the continuing expansion of its alternative investments platform.
Greene has more than a decade of investment experience across the pension and financial sectors. In his most recent role as the chief executive officer of the City of Boston Retirement Board, Greene was responsible for both the administration of member benefits and the oversight of the USD5bn investment portfolio.
Prior to the CEO role, Greene spent eight years as the deputy executive officer and investment manager for
Private financial cloud provider Options has completed the upgrade of the route between its venues in Savvis Weehawken, New Jersey (NJ2) and Equinix Secaucus, New Jersey (NY4).
The newly upgraded link uses the fastest fibre path available, reduces round-trip latency on the route by 36 per cent and will further complement the firm’s wireless connectivity, in addition to providing tailored balances of speed, availability and cost.
This latest announcement follows a busy 12 months on the connectivity front for Options that saw the firm add Quincy Data’s Quincy Extreme Data (QED) service, enabling the managed service provider to offer
Sturgeon Ventures, the regulatory incubator, has entered into a joint venture with Dublin-based Gandon Alternative Fund Management to offer a full regulatory service for alternative investment funds (AIFs) in Europe.
It is the first regulatory incubation service to offer full coverage for both the Alternative Investment Fund Managers Directive (AIFMD) and the Markets in Financial Instruments Directive (MiFID).
The service offers a regulatory option to AIFs, especially those that are smaller scale or currently lightly regulated, as the deadline for compliance with the AIFMD rapidly approaches. In the UK, the directive is due to be passed into law on
INTL FCStone has received regulatory approval from the UK Financial Conduct Authority to consolidate the businesses of its two UK subsidiaries, INTL FCStone Ltd (IFL) and INTL Global Currencies Ltd (IGC).
IFL is a full scope investment firm providing advisory, execution and clearing services to commercial clients who wish to mitigate their price exposure to FX, metals, energy and soft commodities.
IFL is a category 1 ring dealing member of the London Metal Exchange, a full clearing member of ICE Clear Europe, CMECE, and LCH EnClear, and offers clearing services on a host of global exchanges through group affiliates.
Morgan Stanley Capital Group (MSCGI) has agreed to pay a USD200,000 civil monetary penalty to settle CFTC charges that it exceeded speculative position limits in soybean meal futures contracts trading on the Chicago Board of Trade (CBOT).
The CFTC order finds that, beginning on 14 January 2013, MSCGI held in its house accounts net long positions in the CBOT soybean meal futures contract in excess of the all-months speculative position limit of 6,500 contracts established by the CFTC.
The order further finds that, on 15 January 2013, MSCGI decreased its net long position in CBOT soybean meal futures, but
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