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US investors can now trade the Singapore Exchange’s (SGX) latest suite of Asian index futures: SGX MSCI Thailand Index Futures, SGX-PSE MSCI Philippines Index Futures and SGX MSCI India Index Futures.
SGX’s newest three index futures contracts, which are based on the MSCI Thailand Index, the MSCI Philippines Index and the MSCI India Index, have been certified by the US Commodity Futures Trading Commission (CFTC) and can now be directly offered and traded in the US.
The CFTC certification is a timely complement to SGX’s recognition as the first Asian clearing house to be approved as a derivatives clearing
Euronext has welcomed the introduction of PEA PME savings accounts in France and has launched its new CAC PME index.
The index is the first in Euronext’s new PEA PME index family, based on the French government’s initiative aimed at encouraging investment in shares and support for financing of SMEs.
The CAC PME index tracks the performance of between 20 and 40 French companies eligible as investment vehicles for PEA PME accounts and listed on Euronext and Alternext markets in Paris. Its components are based on local trade volumes. The weight of each individual stock is capped at 7.5 per
All seven of IndexIQ’s investable hedge fund replication and alternative beta indices produced positive returns in February.
The IQ Hedge Event-Driven Beta Index led the way with a return of 3.13 per cent.
This was followed by the IQ Hedge Long/Short Beta Index (2.16 per cent), the IQ Hedge Composite Beta Index (1.95 per cent), the IQ Hedge Emerging Markets Beta Index (1.75 per cent) and the IQ Hedge Market Neutral Beta Index and the IQ Hedge Fixed Income Arbitrage Beta Index (both 1.58 per cent).
The IQ Hedge Global Macro Beta Index had the lowest performance during
Despite a reputation for a conservative approach to change, the development of US buy-side equity trading desks is accelerating at a time when commissions have declined 19 per cent since 2010, according to TABB Group.
In “US Institutional Equity Trading 2014: Bellwethers of the Buy Side,” the first of a three-part annual benchmark research study, Adam Sussman, partner, director of research, Sayena Mostowfi, senior analyst, and Valerie Bogard, research analyst, identify the five most impactful trends among these bellwether firms.
The first trend focuses on leading buy-side firms actively seeking to hire quantitative personnel with sell-side levels of sophistication.
SEI has expanded the regulatory component of its operating platform, adding technology and process enhancements that enable managers to streamline the regulatory filing process.
SEI's Investment Manager Services (IMS) division is a global supplier of customised operating infrastructure and services to investment organisations, representing more than USD13trn in assets under management.
SEI's regulatory solution is designed to help fund managers meet new requirements of the Foreign Account Tax Compliance Act (FATCA) and Form CPO-PQR, which affects only commodity pool operators. It also enables private fund managers to meet requirements of Annex IV reporting under the Alternative Investment Fund Managers
Most hedge funds posted positive results in February as credit, fixed income and developed market equities rallied and provided a favourable backdrop for event driven, equity hedge and relative value strategies.
Anthony Lawler, portfolio manager at GAM, says that an important positive contributor to these strategies was managers continuing to hold their conviction trades, despite January’s choppy waters.
Hedge funds were up 1.6 per cent for February, as measured by the HFRX Global Hedge Fund index in US dollar terms.


“Our view that 2014 was likely to prove to be choppy with more dispersion, and therefore more likely
UMB Fund Services (UMBFS) has been named “Best North American Hedge Fund Administrator” as part of the 2014 Hedgeweek Awards.
Now in their fifth year, the Hedgeweek Awards recognise excellence among hedge fund managers and service providers around the world.
The Hedgeweek Awards are based on a “peer review system” whereby readers of Hedgeweek are invited to elect a “best in class” in a series of categories via an online survey.
Lonnie Macdonald, executive vice president of alternative investments for UMB Fund Services, says: “It is a great honour to be named ‘Best North American Hedge Fund Administrator’
Options, a private financial cloud provider for the global capital markets industry, has opened a new office in the heart of London’s West End.
Located at 1 Berkeley Street, the new office is the IaaS provider’s first in central London and will be dedicated to client support, account management, business development and sales. It will complement Options’ existing London office in Wimbledon.
The move to central London is a key part of a global initiative to move Options’ sales and support teams closer to key customers and follows a 12 months in which the firm expanded its Midtown office in
Liquid Holdings Group, a provider of a single platform that integrates order and execution management with real-time risk, reporting, shadow NAV and managed services in the cloud for the financial services community, has been named by Hedgeweek readers as the Best Risk Management Software Provider for 2014.
In its fifth year, the annual Hedgeweek Awards are decided by Hedgeweek magazine’s subscriber base of 56,000 professionals, which include practitioners from hedge funds and other asset managers, institutional investors, service providers, analysts, and academia.
This year’s awards were determined by 1,600 Hedgeweek subscribers, who assessed and voted on the best hedge
The Credit Suisse Liquid Alternative Beta (LAB) Index was up 1.49 per cent in February.
The event driven strategy was the strongest performer for the month, finishing up 2.29 per cent in February.
It is also the strongest performing strategy year-to-date, returning 2.47 per cent.
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