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Over 80 per cent of institutional investors expect risk management to play an even greater role in the investment decision process in the future, according to a study published by BNY Mellon.
The study has been produced in collaboration with Nobel Prize-winning economist Dr Harry Markowitz.
Over the next five years 73 per cent expect to spend more time on investment risk issues, while 68 per cent expect to spend more time on operational risk issues. Only 25 per cent of respondents, however, had a chief risk officer.
Entitled New Frontiers of Risk: Revisiting the 360O Manager, the
JTC Group has formed alliance partnerships with two firms within the EU to widen its geographical reach.
The alliances are with Trust Company Amsterdam in the Netherlands, which has a strong focus on corporate structuring work, and Aspen Trust Group in Cyprus, which provides a range of services to both private and corporate clients, including structuring cross-border solutions.
JTC Group chairman and chief executive Nigel Le Quesne (pictured) says: “Our ‘Alliance Partner’ strategy is to extend our international reach and provide additional services to our worldwide client base. There is a growing trend for clients to seek flexible, multi-jurisdictional
Jason Fitzpatrick, one of the original founders of Linear Investments, is leaving the business for personal reasons.
Fitzpatrick, who has been instrumental in the establishment and growth of Linear over the past four years, has decided to pursue some new projects through his consultancy business.
He will continue to work closely with Linear on a number of specific projects and clients and as an advisor to the business; he also remains as a shareholder in the business.
As part of the planned change in operations and to ensure continuity, Linear will appointing a new head of operations, who
Hedge funds are expected to reach a record breaking USD3trn by year end 2014, up from USD2.6trn as of 2013 year end, according to Deutsche Bank’s 12th annual Alternative Investor Survey.
This is based on investors' predictions of USD171bn net inflows and performance-related gains of 7.3 per cent (representing USD191bn).
Over 400 investor entities participated in this year’s survey, representing over USD1.8trn in hedge fund assets and over two thirds of the entire market by assets under management (AuM).
According to the survey, nearly half of institutional investors increased their hedge fund allocations in 2013, and 57 per
Saxo Bank has launched futures spread trading for retail and institutional clients.
From 18 February, clients will be able to trade futures spreads on a variety of assets across all of Saxo Bank’s platforms, including its SaxoTrader mobile apps for smartphone and tablets.
The introduction of this product to Saxo Bank’s offering enables its clients to trade intramarket futures spread as well as named calendar futures spreads on a range of key contracts including gold, oil and other commodities, interest rates, bonds and major stock indices.
One of the key attractions of futures spread trading is the ability
More than 50 per cent of fund managers, prospective clients and consultants attending a recent Northern Trust seminar on the European Union's Alternative Investment Fund Manager Directive (AIFMD) said they believed investors would still not be engaged in AIFMD considerations by December 2015.
These latest findings echo a previous survey conducted by Northern Trust in 2012 where a significant number of respondents had concerns over AIFMD, with close to 70 per cent citing their investors were not engaged in AIFMD considerations at the time.
"Next year is an important milestone in AIFMD deployment," says Ian Headon, of Northern Trust
Salus Alpha’s strategies have delivered a good start to 2014 in terms of performance, according to a report by managed investment platform db Select.
The strategies delivered positive returns during the month of January, led by the Salus Alpha Directional Markets Strategy (DMXUSD) which was up 5.75 per cent and outperformed the world’s biggest CTA power houses by a positive margin of 6.5 per cent on average during the month.
In addition, the Salus Alpha Global Alpha Strategy (GAXUSD) was up by 2.08 per cent in January.
Both programmes enjoyed also positive performance in 2013 contrary to most
The London Metal Exchange (LME) is to introduce a new policy allowing clients of LME members to connect directly to the exchange’s electronic trading platform, LMEselect, for market data.
The change will be effective from 24 March 2014.
In response to user demand, the LME will enable market participants to connect to LMEselect directly to receive a data-only feed. Until now, clients have only been able to access data through members or independent software vendors (ISVs). The new policy is of particular interest to members’ clients pursuing an algorithmic trading strategy, as they can now trade with the benefit
Limmat Capital Alternative Investments has been appointed to manage a large balanced fund mandate with assets under management of EUR196m.
Limmat Capital is an independent FINMA regulated investment management firm in Zurich, Switzerland, specialising in liquid long/short equity and balanced fund strategies.


The addition of the new mandated strategy, which was launched in 2009, brings Limmat Capital's total assets under management to CHF360m.
The mandate's goal is the balancing of long-term returns across market cycles and the preservation of capital under difficult market circumstances.
Last year, Limmat Capital delivered profits to the investors for the ninth consecutive
Los Angeles-based Investment Diamond Exchange (IDX) has expanded its workforce to cater for an increasing number of hedge funds and other financial institutions acquiring rough diamonds for investment purposes.
“The favourable supply and demand fundamentals for rough diamonds along with some structural changes that have increased the transparency and efficiency of the diamond industry are a few of the primary reasons why the investment community has embraced rough diamonds as an investment,” says Kristopher Schellhas, managing partner at IDX.
According to Bain & Co, rough diamond prices have increased at a compounded annual rate of 13 per cent since
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