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BI-SAM, a provider of data management, performance, attribution, risk, composites and reporting solutions for the asset management industry, is expanding operations in Asia Pacific.
BI-SAM’s B-One platform establishes a recognised source of master data for producing time series performance returns and reports, delivers a comprehensive level of performance measurement and attribution analysis in terms of quality of output, content and timeliness, while offering customers maximum scalability.
“To support our growing business in the region, we are expanding our team in Hong Kong, and Sydney, and opening a new office in Singapore,” says Alexandre Harkous, chief executive officer of BI-SAM.
A recent 2013 survey of US wealth managers by adviser TSR reveals that underlying hedge fund investors do not want to be left behind in a flourishing market, and as such are willing to take on slightly more risk for increased performance.
TSR returned clients +23 per cent in 2012 and +80 per cent the last five years. According to TSR, fund chief investment officers are using the firm’s expertise and in-depth research on the c100+ special situations and corporate spinoffs they uniquely source.
“We’ve generated average returns of +44 per cent over the last five years from
Newedge UK and Newedge USA have both joined LCH.Clearnet’s SwapClear, the global clearing service for interest rate swaps.
LCH.Clearnet’s SwapClear has been clearing OTC interest rate swaps for 14 years. The service has cleared more than 3.1 million contracts, USD384trn notional and compressed more than USD187trn (as at May 2013). SwapClear’s global membership currently stands at 82.
Nicolas Breteau (pictured), chief executive of Newedge, says: “The continued evolution of the OTC market provides many opportunities for Newedge to broaden its offering and add value for clients. Joining SwapClear is an important step towards building our cross boarder services
BNY Mellon has named Jeff Pamplin as head of client service management in EMEA for its alternative investment services (AIS) business.
Pamplin will lead the company’s team of specialists serving hedge fund administration clients throughout the EMEA region. He is based in Dublin and reports to Carol Andrews, head of AIS EMEA service delivery.
Pamplin joins BNY Mellon from State Street, where he led the integration of its Goldman Sachs administration services acquisition. Previously, he worked for 10 years with Goldman Sachs Bank Europe, where he was the EMEA manager responsible for fund accounting and investor services.
The Inflection Strategic Opportunities Fund delivered a net return of 2.99 per cent in the first quarter of 2013, outperforming the TSX S&P Index which increased by 2.55 per cent.
“Inflection had a strong start to 2013 due to the deep value opportunities that it pursues worldwide,” says Ari Shiff, founder and head of fund research. “Taken collectively, our managers did well by paying close attention to the assets they invest in and by deploying hedging techniques to help manage risk.”
The fund’s most relevant benchmark, the HFN Fund of Funds Multi Strategy Index, also had a strong
Tim Keast, chief executive of Clayton Euro Risk, a subsidiary of Clayton Holdings, is to leave the company at the end of June.
Keast (pictured) has served as the company’s CEO from its days as Euro Risk Management through the 2007 acquisition by Clayton. It is now the largest specialist risk and due diligence firm in Europe.
Keast says: “I have been planning to work fewer hours for some time now, and felt the Company was in a strong position with an outstanding team of senior managers and staff to take the business forward, and that now would
Ashburton has launched the Africa Equity Opportunities Fund with a strategy focused on targeting undervalued listed African equities (ex-South Africa) across various sectors to achieve long-term capital growth.
Aimed at experienced retail and institutional investors, including the private wealth and family office space, Paul Clark will be the lead adviser to the fund, bringing over 15 years’ experience in African listed equity markets.
Clark says: “Now is an exciting time for Ashburton to be launching an Africa Fund; Africa is a growth story and seven of the ten quickest growing economies globally will be in Africa in the next
By CME Group – With the Dodd-Frank clearing mandate underway, market participants are looking for more capital efficient alternatives for their OTC activity. Deliverable Swap Futures (DSF) may provide a solution for those looking to obtain interest rate swap exposure, but who want the efficiencies and margin savings of standardised Futures contracts.
DSFs can be executed across multiple venues like electronically via CME Globex, via block trades, or open outcry in the trading pits, and at expiration of the future, all open positions deliver into CME Cleared Interest Rate Swaps. DSFs were created based on client demand from both buy
CACEIS and EDHEC-Risk Institute have created a new research chair entitled “New Frontiers in Risk Assessment and Performance Reporting.”
This new three-year chair will follow on from the previous CACEIS research chair at EDHEC-Risk Institute on “Risk and Regulation in the European Fund Management Industry.”
Led by Professor Noël Amenc (pictured), director of EDHEC-Risk Institute, and Professor Lionel Martellini, scientific director of EDHEC-Risk Institute, the research chair team will examine new advances in risk measurement and reporting. The goal is to explore, for the benefit of institutional investors and asset managers, both new concepts and innovative applications of
The Alternative Investment Management Association (AIMA), the hedge fund industry association, has produced a paper that highlights the key areas where deeper coordination of over-the-counter (OTC) derivatives regulation is required to achieve the G20 objective of maintaining global markets.
The paper, “Addressing overlaps between EMIR and CFTC OTC derivatives regulation”, provides examples of potential regulatory conflicts or unnecessary overlap between the European Markets Infrastructure Regulation (EMIR) and the CFTC’s derivatives rules in a number of key areas including clearing obligations, reporting obligations, segregation rules, collateral rules and margin requirements.
AIMA says in the paper that, if untreated, some
