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Six members of the 2011 and 2012 classes of 100 Women in Hedge Funds/CAIA Scholars have earned the CAIA Charter, the alternative investment designation.
The scholarship initiative, offered by the 100 Women in Hedge Funds Institute through the sponsorship of Pacific Alternative Asset Management Company (PAAMCO), was established to recognise and reward rising female talent in the alternative investment industry.
This year’s CAIA Charter recipients are Karla Canavan, Bunge SA; Majlinda Kamberi, Larch Lane Advisors; Kathryn Kaminski, Royal Institute of Technology; Nimisha Patel, Segal Rogerscasey; Veronica Wong, Moon Capital Management; and Tenke Zoltani, Islan Asset Management.
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Dominion Corporate Group, a financial services firm with offices in Jersey and Luxembourg, has unveiled a new name – Crestbridge – having undergone a re-branding.
Crestbridge specialises in providing administration and management services to fund sponsors and fund managers.
Its fund services business is its longest established division and provides a full range of services for both regulated and non-regulated fund vehicles, including private equity, real estate, mezzanine finance, fund of fund and hybrid structures.
In order to support projected growth across its funds business, as well its complementary capital markets, corporate, real estate and third party
Nine Lyxor strategy indices out of 14 ended May in positive territory, led by the Special Situations Index (+3.05 per cent), the Lyxor Long/Short Equity Long Bias Index (+1.66 per cent) and the Lyxor Merger Arbitrage Index (+1.53 per cent).
The Lyxor Hedge Fund Index posted a positive performance at +0.33 per cent in May (+3.53 per cent YTD).
Investors were cautious heading into May as soft economic data led to a strong sense of déjà vu and fear of another risk-off period in the spring. However, the economic data strengthened significantly starting with the US April nonfarm payrolls
Netage Solutions has introduced several new features in the v6.7 release of the firm’s alternative assets Dynamo CRM and integrated Investor Portal, currently employed by over 250 alternative asset fund managers and limited partners with over USD450bn in assets under management.
The Dynamo enhancements targeted automating investor relation teams’ operations to further increase investor transparency, and improve the workflow of deal management and accounting teams through core logic engine additions.
Included in the Dynamo v6.7 release, new options for enabling investors to upload documents to the portal for general partner review and retention were disclosed in an emphasis
S&P Dow Jones Indices has launched the S&P Emerging Markets Volatility Short-Term Futures Index.
The index, part of the S&P VIX Futures Index Series, measures the return from a daily rolling long position in the first and second month CBOE Emerging Markets ETF Volatility Index (VXEEM) futures contracts.
The S&P Emerging Markets Volatility Short-Term Futures Index rolls continuously throughout each month from the first month VXEEM futures contract into the second month VXEEM futures contract.
A total return version of the S&P Emerging Markets Volatility Short-Term Futures Index is also calculated, which includes interest accrual on the
Drooms’ UK managing director Howard Revens is to present on the impact to fund managers on AIFMD’s wide ranging and complex reporting requirements at Knight Frank’s 2013 AIFMD: Practical Implications Breakfast Briefing.
Taking place on 18 June 2013, Drooms will present alongside Knight Frank to prepare fund managers ahead of the July deadline and offer solutions on how best to implement these guidelines.
In a bid for increased transparency, AIFMD requires fund managers to comply with new mandatory requirements relating to regulatory capital structuring, legal, data handling and property valuation. As a result, many fund managers have been
Investor Analytics (IA), working closely with Albourne Partners, has launched a hedge fund OPERA reporting service for managers to show investors how the risk in their portfolios translates directly into returns.
"The long-overdue OPERA initiative provides fund managers with a risk aggregation communications tool that speaks transparently with institutional investors seeking board-quality data," says Damian Handzy, chief executive of Investor Analytics. "Gone are the days when managers could rely on the ‘secret sauce’ explanation. Early adopters have recognised that helping investors allocate to their funds is just good common sense.”
Investor Analytics provides OPERA as a standalone service and as
Hedge funds posted their seventh consecutive monthly gain in May and the 11th gain in the last twelve months as strong performance in Equity Hedge and Event Driven strategies offset weakness in Macro and CTA strategies, according to data released today by HFR, the established global leader in the indexation, research and analysis of the global hedge fund industry.
The broad-based HFRI Fund Weighted Composite Index advanced 0.5 per cent for the month, led by a gain of 1.8 per cent for the HFRI Equity Hedge Index. Equity Hedge, the largest strategy area for the equally-weighted HFRI Composite, saw gains
The UCITS Alternative Index Global gained 0.53 per cent in May, putting it at +2.34 per cent for the year. The UCITS Alternative Index Funds of Funds enjoyed a fifth consecutive month of positive returns with a 0.65 per cent performance, up 2.25 per cent for the year.
All but two strategies enjoyed gains for May: the UAI Long/Short Equity generated its second-largest gains this year with 1.53 per cent and is the best YTD performer at 4.77 per cent. The second best performing index in May was the UAI Event-Driven, up 1.07 per cent (YTD 1.84 per cent). The
Walkers has invited a number of lawyers across its global network to join the partnership, as the firm expands further in key markets to support the continued growth and requirements of its clients.
Six highly experienced individuals have been promoted to partner across five of Walkers’ international offices. With promotions in all of the firm’s main practice areas, this represents a significant expansion for Walkers, taking the firm’s total number of partners to 59.
Walkers’ new partners collectively represent some 75 years of legal experience and the promotions take place in the following jurisdictions and practice groups:
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