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Newfound Research has collaborated with The Nasdaq OMX Group create new rules-based, quantitatively enabled investment strategies.
Nasdaq OMX and Newfound have agreed to create a suite of outcome-oriented co-branded indexes and to work jointly to promote licensing opportunities.
Nasdaq OMX and Newfound expect that the new indexes will be available for licensing and implementation through separately managed accounts and, in some cases, through exchange-traded funds (ETFs). Both parties will dedicate resources towards marketing of licensing opportunities, which will include educational information about how indexing works and how these investment strategies might fit into a client’s portfolio.
The
EEA Fund Management has brought on board Oriel Asset Management duo David Urch and Tim Hall and added their long/short directional UK equity market fund and its long-biased sister strategy to the firm’s product range.
The high-conviction, multi-cap UK funds have been renamed the EEA Absolute Return Fund and TB EEA UK Equity Market Fund.
The EEA Absolute Return Fund is a Cayman-domiciled long/short directional equity fund, launched in August 2009. It has a bottom-up investment approach, underpinning an active momentum strategy focused on identifying and harnessing positive change in UK-listed companies. The managers source ideas from across
Gottex Fund Management is to partner with Headland Strategic Limited (HSL) to provide strategic capital and institutional guidance to hedge fund managers in Asia.
HSL is a new joint venture set up with founding partners Michael Garrow (formerly of Blackstone) and Johannes Kaps (formerly of Goldman Sachs).
Gottex, which has one of the largest and most experienced hedge fund teams in Asia with 21 employees and significant capital committed to Asian hedge funds, will provide infrastructure, risk analytics, research and institutional services as well as take an equity interest in the company. The founding partners of Headland will
ARQA Technologies, the independent financial markets software provider, is to provide clients with a consolidated financial data feed provided by S&P Capital IQ Real-Time Solutions.
The provider of next generation trading products will address the growing demand from ARQA clients for differentiated low-latency data at different speeds.
S&P Capital IQ Real-Time Solutions is one of ARQA Technologies’ long-standing partners in the provision of fast market data delivery. The global ConsolidatedFEED, an additional offering from the firm, is designed for investors, sales/traders and risk managers, as well as electronic quote and news applications. The end-to-end market data feed is
Asoka Wöhrmann, Co-CIO at DeAWM, on the US-Government-shutdown and debt-ceiling…
The budget and debt-ceiling battle in the United States has the world holding its breath. The fronts between the Republicans and the Democrats seem to have hardened. At the same time, a ceasefire must be reached by 17 October. This is the date the United States is expected to hit the USD16.7 trillion debt ceiling.
After that point, the United States will not be able to pay its bills. Deutsche Asset & Wealth Management (DeAWM) has prepared three scenarios outlining the further development of the crisis and its implications –
Investors have allocated nearly USD26bn to securitised credit strategies since the financial crisis, including USD3.9bn in 2013, according to an eVestment report on hedge fund investment in securitised credit markets.
The universe, which includes ABS, MBS, and CDOs, has produced average annual returns in excess of 25 per cent making it one of the greatest runs for both investors and managers the hedge fund industry has produced in its history.
In the 56 month span beginning January 2009, investor flows into the universe was positive nearly 70 per cent of the time. In the last nine months flows
The IQ Hedge Multi-Strategy Tracker ETF (QAI), the first hedge fund-style exchange-traded fund and the industry’s largest alternative ETF, has topped USD500m in assets.
This represents a growth rate in excess of 50 per cent year to date.
"We are seeing tremendous interest in QAI from the financial advisor community, who increasingly are using the fund as their core hedge fund portfolio holding, while QAI also is being added to ETF model portfolios throughout the industry," says Adam Patti, IndexIQ’s chief executive officer. "In many cases, QAI is used to provide the liquid alternatives allocation in these models,
The trustee of the GBP145m Midcounties Co-operative Pension Scheme has chosen Towers Watson to manage its investment portfolio on a fiduciary management basis, following a competitive tender.
Towers Watson’s delegated investment service provides an integrated approach to managing assets against liabilities for all sizes of pension funds in the context of a journey plan to full funding. The company is one of the world largest fiduciary managers and now has delegated responsibility for around USD60bn of assets worldwide.
Chris Ford (pictured), EMEA head of investment at Towers Watson, says: “We are delighted that the Midcounties trustee has appointed
HSBC Global Asset Management (USA) has appointed Mary Bowers as a senior global high yield fund manager in its global fixed income team, based in New York.
The team manages approximately USD3bn in the high yield capability. Bowers will manage the HSBC GIF Global High Yield Bond Fund and the recently launched HSBC GIF Global Short Duration High Yield Bond Fund which have USD1.1bn and USD20m in assets respectively.
Bowers joins from Aberdeen Asset Management/Artio Global Investors (formerly Julius Baer Asset Management) in New York, where she had ten years of experience in global high yield portfolio management, co-managing approximately
Institutional investors across the world are most concerned about tail risk and rising interest rates as they begin to position their portfolios for the end of ultra-loose monetary policy in developed markets.
That is one of the key findings from Allianz Global Investors’ survey of nearly 400 senior decision makers at institutional investors from 41 countries around the world.
While only a minority of respondents expect interest rates to rise towards their long-term historical averages before 2015, rising interest rates and tail risk are seen as most prevalent economic risk factors affecting investment performance over the next three
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