Latest News
The Hedge Fund Association and Agecroft Partners are teaming up to create a new hedge fund conference, Hedgeopolis New York, which will be held in New York City at The Metropolitan Club on 4 November 2013.
Conference speakers include leaders at pension funds, endowments, foundations, and funds of hedge funds.
With interest rates near historic lows and significant political and economic risk around the world, investors are focused on enhancing returns in their portfolios while reducing downside volatility. Hedgeopolis is focused on unbiased opinions from many of the world’s most prominent institutional investors on what hedge fund strategies
StatPro Revolution now allows for global exposure and liquidity monitoring. For those with UCITS funds this will aid compliance with the UCITS IV regulation.
Avaliable in the StatPro Revolution App Store, and priced on a per portfolio subscription, the Global Exposure and Liquidity Monitoring module features a traffic light approach used to identify early warnings and breaches.
Using the VaR methodology, this daily tool enables the risk and compliance community to:
• Establish, implement and maintain a documented system of internal limits concerning the measures used to manage and control the relevant risks
• Conduct a rigorous, comprehensive and
BNP Paribas Securities Services has boosted its collateral management solution by launching Collateral Access, a fully integrated offering to cater for both buy-side and sell-side clients.
Market dynamics and the search for increased transparency are pushing participants to implement a robust risk mitigation framework around collateral management. Incoming regulation, in particular EMIR and Dodd-Frank, has increased the need for collateral for all OTC derivatives, whether cleared or non-cleared. The new liquidity standards of Basel III will also affect future demand for high quality liquid assets.
Patrick Colle (pictured), chief executive at BNP Paribas Securities Services, says: “Providing a
T Rowe Price has launched the Global Allocation Fund (RPGAX), broadening the firm’s line-up of asset allocation products, which currently have over USD138bn in assets as of 31 March 2013.
The new mutual fund is the firm’s most broadly diversified asset allocation fund. It seeks long-term total return from investments in US and international stocks, bonds, cash, and alternative investments. The fund may serve as a core holding or complementary portfolio.
Typically, the fund will invest 60 per cent of assets in stocks, 30 per cent in bonds and cash, and 10 per cent in alternative investments including
The Chicago Board Options Exchange (CBOE) is to host the second annual CBOE Risk Management Conference (RMC) Europe, from 30 September to 2 October at Penha Longa Resort in Sintra, Portugal.
The conference, hosted annually in the US by CBOE, is making its second trek to Europe this fall. For 29 years, the CBOE RMC has been an educational conference on the use of equity derivatives to increase returns and manage risks.
The conference provides a setting for institutional users and prospective users of exchange-traded derivatives to network with their peers, exchange
Cayman directorship services company International Management Services (IMS) has added Cary Marr to its fund fiduciary team.
Marr, who joins IMS from Meridian Fund Services, an independently-owned hedge fund and private equity fund administrator, is well versed in the governance and regulatory issues facing hedge funds and has been providing non-executive directorship services for the past ten years.
“I’m thrilled to become a part of the IMS fiduciary team as I have always viewed IMS to be one of Cayman’s premier providers of hedge fund directorship services,” says Marr.
Gary Butler, managing director and legal counsel for
Quincy Data has added highly liquid exchange-traded funds to its Quincy Extreme Data (QED) service.
QED now delivers the most liquid equity ETFs sourced from Nasdaq’s Carteret, New Jersey data centre to CME Group’s data centre located in Aurora, Illinois in only 4.11 milliseconds rack-to-rack.
ETF data is also available locally over Quincy’s NJ metro wireless service, currently connecting Carteret and Secaucus, with Weehawken and Mahwah forthcoming.
“We are extremely pleased to add ‘westbound’ market data to our six month old ‘eastbound’ CME Group offering at what we believe is the lowest latency available,” says Stéphane Tyč, Quincy’s
With less than a month to go until the Alternative Investment Fund Managers Directive (AIFMD) implementation deadline, many fund managers are gearing up for the new regulatory restrictions which the directive will bring to the European fund market.
One issue that managers of Alternative Investment Funds (AIFs) will face is the choice of domicile for investment funds. Traditionally, AIFs were domiciled in an offshore jurisdiction but many believe that the AIFMD will fundamentally affect this traditional choice of domicile for an AIF.
A forum to discuss this concern, which has been organised by IFI Global and co-sponsored by
FRM, Man Group’s fund of hedge fund division, has formed a strategic relationship with CommEq Asset Management which involves FRM making a seed allocation to CommEq and helping CommEq launch an institutional asset management business.
CommEq seeks out previously under-explored, unstructured data sources and data streams that it believes have the potential to significantly influence the perception of corporations and hence the pricing of their securities. CommEq has developed a mature, artificial intelligence based prediction engine which aims to generate alpha from these sources through a systematic, scalable investment process.
CommEq was founded by Norwegian technology entrepreneur, Christofer
The total number of futures commission merchants (FCMs) on Traiana’s Harmony Network for Exchange Traded Derivatives (ETDs) has now reached 12.
There has been a rapid uptake of buy-side hedge funds and asset managers benefitting from the service, with trade volume on the Traiana ETD ClientLink service growing by a factor of 20 over the past 12 months.
Using Traiana Harmony, FCMs are able to provide real-time visibility of exchange traded derivatives trades to their clients, enhancing client service and increasing transparency. At the same time, Traiana Harmony reduces operational risk by managing the entire reconciliation and allocation
Special Reports
FeatureD
- Insight
