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V2 Capital, an SEC-registered investment advisor, has received a USD200m allocation from a Fortune 500 insurance company to the V2 Hedged Equity Strategy.
The investment was allocated during the fourth quarter of 2013 and is now fully deployed in the strategy.
The V2 Hedged Equity Strategy combines a long concentrated portfolio of US equities with a custom tailored short portfolio of index options. The equities represent the “best ideas” generated by the firm through fundamental bottoms-up research while the short option positions are selected based on the current volatility environment. The active management of the strategy is designed to
Fund governance firm DMS Offshore Investment Services’ (DMS) AIF Management Company has been approved by the Central of Bank of Ireland.
This approval paves the way for DMS to offer solutions that provide both European and non-European managers and investors continued access to the alternative investment fund market, in light of the implementation of the Alternative Investment Funds Directive (AIFMD).
The directive, which came into effect in July 2013, has created an alternative regulatory passport for investment managers to access European investors. Recognising that AIFMD presents a significant challenge for fund managers and investors who must comply with a
Regulatory reporting specialist KNEIP has promoted Stephanie Noel to head of operations and as a member of the executive board.
As part of her new role, Noel will be responsible for KNEIP’s Regulatory Reporting product, which helps fund managers to comply with transparency requirements under regulation such as the Alternative Investment Fund Management Directive (AIFMD) and UCITS.
She will report directly to Lee Godfrey, deputy CEO at KNEIP.
Noel joined KNEIP in 2001 as a client service coordinator. After moving to the operations side of the business, she helped develop the processes for KNEIP’s production of the Key
Singapore Exchange (SGX) will introduce circuit breakers in the securities market from 24 February as an additional market safeguard.
Circuit breakers will initially apply to Straits Times Index and MSCI Singapore Index component stocks and all those securities priced USD0.50 and above.
This will also include stapled securities, funds, exchange traded funds, exchange-traded notes and extended settlement contracts. These securities account for about 80 per cent of trading on the Singapore stock market.
Circuit breakers will be triggered when a potential trade is matched at a price that is over 10 per cent away from the reference price.
NorthStar Financial Services Group has launched a new subsidiary, Gemini Alternative Funds, which serves as a centralised platform for delivering a wide range of operational services to the alternative investment community.
The platform offers transparency, risk management and monitoring, distribution, fund structuring, liquidity enhancement and uniform operational set-up services from a single location.
By obtaining these services from one source, alternative fund managers can help protect themselves from complex investment activities and increase operating efficiency and accuracy.
"With investors increasingly turning to alternative strategies, more alternative managers are joining managed account platforms to obtain access to the high-level
DealVector, provider of the first identity-protected communication network for the fixed income and structured credit space, has signed TMF Group as a Charter Institution.
TMF Group joins a list of over two dozen financial companies that use DealVector’s strategy for improving market transparency.
With offices in 80 countries and over USD500m in revenue, TMF Group provides independent directors, accounting and compliance services to more than 2,000 securitisation transactions, including the majority of European 2.0 CLOs.
TMF Group is directly involved in facilitating votes, restructurings, amendments and other governance actions involving structured credit instruments.
“We take our fiduciary
JTC Group, a multi-jurisdictional, independent provider of private client, corporate and fund services, has made two senior appointments in Jersey within its technology and marketing operations.
Adam Jeffries (pictured), who was previously global head of IT operations at Appleby, has joined as chief information officer and David Vieira, who was head of marketing at Jersey Finance, has been appointed group head of business development and marketing.
Jeffries, who has 16 years’ experience in the technology sector within the financial services industry, has been recruited to develop an IT strategy at the JTC Group. He will also head up
By James Williams, Managing Editor, Hedgeweek – It could just be that the hedge fund industry has turned a corner and bid farewell to the politically charged market volatility of the last few years.
“2013 was an exciting year of growth for the hedge fund industry,” said Kenneth Heinz, President of Hedge Fund Research at a press briefing in London. “In Q4, net inflows totaled USD10.5billion, while total capital increased by USD120billion; the sixth consecutive quarterly record of assets. Net inflows for the year were nearly USD64billion bringing total hedge fund industry capital to an estimated USD2.63trillion.”
For comparison, net
The Exchange Council of Eurex Deutschland has elected a new chairperson and a vice chairman for a period of three years.
Carola Gräfin von Schmettow (pictured), member of the management board at HSBC Trinkaus & Burkhardt, was appointed as chairperson, and Johannes Pieterse, managing director at Optiver VOF, was elected as vice chairman.
Professor Lutz Johanning, WHU – Otto Beisheim School of Management, and David Alan Martin, JP Morgan Securities, have been elected to serve as investor representatives on the council.
The current Exchange Council consists of 16 members and was elected on 2 December 2013. Eurex Exchange’s
The Exchange Council of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse – FWB) has re-elected Dr Lutz R Raettig of Morgan Stanley as its chairman.
His vice chairman is once again Dr Werner Brandt of SAP AG.
Dr Christine Bortenlänger (Deutsches Aktieninstitut) and Prof Peter Gomber (Goethe University of Frankfurt/Main) were elected as investor representatives.
The council consists of 18 members elected for a period of three years. The Exchange Council is the highest controlling and supervisory body of a stock exchange. Primary duties include appointing and monitoring the exchange management as well as issuing the exchange regulations, the
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