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Law firm Walkers’ hedge fund team has been named top provider of offshore legal services by readers of Hedgeweek, one of the key publications serving the hedge funds and alternative investment industry.
On 1 March, the magazine announced that its readership had voted Walkers Best Offshore Law Firm in the fourth global Hedgeweek Awards. The honour was based on the results of the publication’s annual survey of nearly 60,000 subscribers, which sought to determine the “best in class” in a range of categories.
Hedgeweek’s readership is comprised of institutional and high net worth investors as well as managers and other
HedgeMark International has hosted the first of its newly launched “Meet the Managers” series at The Waldorf Astoria Hotel in New York.
The inaugural breakfast gave qualified attendees the opportunity to learn more about the strategies and investment outlooks of three well established fund managers.
Speaking to the more than 50 attendees at this event were Michael Haynes, managing director with Beach Point Capital Management; Robert Jaffe, chief investment officer and founding partner with Force Capital Management; and Robert Kim, portfolio manager with Visium Asset Management. All three took part in a panel discussion moderated jointly by HedgeMark’s founder and
Principal Global Investors is to acquire a 55 per cent stake in Liongate Capital Management (Liongate), a global alternative investment boutique based in London and New York focused on managing portfolios of hedge funds.
Founded in 2003, Liongate has approximately USD2.1 billion in assets under management across a range of commingled funds and dedicated client portfolios. Its client base includes many of the world’s leading pension funds, insurance companies and sovereign wealth funds. Liongate is recognized for its dynamic approach to asset allocation and managed hedge solutions, which have delivered strong, long-term risk-adjusted returns to its blue-chip investor base.
The
Hedgeweek has named Bernheim, Dreyfus & Co as the “Best European Absolute Return Manager” in 2012.
The award was presented during a ceremony held in London on 1 March 2013 jointly organised with Lyxor Asset Management.
This prestigious award of “Best European Absolute Return Manager” celebrates the firm’s Diva Synergy funds strong and consistent performances, as well as the excellence of the investment process. It also represents an acknowledgment of the quality of the work performed by the entire management team.
The Diva Synergy funds seek to benefit from event driven catalysts in European and North American equities. Their approach
Dillon Eustace has appointed Derbhil O’Riordan as a partner for its recently established Cayman Islands office.
O’Riordan (pictured) previously worked at the firm’s Dublin headquarters and will continue to work for its hedge funds practice, servicing both Irish and Cayman funds.
O’Riordan joined Dillon Eustace in 2003 and was promoted to partner in 2010. Engaging primarily with the investment fund industry her legal expertise lies in establishing, structuring and ongoing operation of hedge funds, sophisticated Ucits structures and exchange-traded funds. She also advises fund service providers with a particular emphasis on alternative investment and related custody and structural issues. O’Riordan
SEI has been selected by Sciens Alternative Investments, part of the Sciens Capital Management Group, to provide operational outsourcing services for the firm’s managed account platform.
Sciens sought to complement its own front-end technology and its newly released risk analytics and portfolio construction tool, SMART, by leveraging SEI’s data management and flexible reporting technologies.
SEI will provide Sciens with a comprehensive suite of operational outsourcing services in a straight-through-processing environment. Additionally, SEI will provide collateral and margin management to support Sciens’ middle office.
“With the launch of the SMART investor portal and the growth of the Sciens Managed
Interview with Rob Lane – “Our proposition revolves around market data and trading infrastructure. We can supply market data via consolidated or direct feed. How firms actually receive the content depends on the trading infrastructure,” explains Rob Lane (pictured), European Business Manager, Trading Solutions, at Interactive Data.
“We can deliver raw data straight from the exchange, or we can deliver a consolidated data feed. All the information comes down the pipe which is fully integrated to Interactive Data’s 7ticks trading infrastructure; so simply speaking, through this advanced connectivity, a client can pick and chose which content to use and when to
By James Williams – Last year witnessed an anticipated record high in quantitative (algorithmic) fund launches. As reported by the Financial Times recently, citing data provider Preqin, some 187 “quant” funds launched in 2011. Through the first six months of 2012, that number had already reached 95; the final figure is not yet known as its data normally has a six-month lag but Preqin’s Head of Hedge Funds, Amy Bensted was quoted as saying “We expect 2012 numbers to exceed those of 2011”.
Technology has come a long way in supporting systematic and high frequency traders. Many of these firms
Interview with Wolfgang Eholzer – “One of our core beliefs is that we should offer at least two ways of hooking up to our system,” says Wolfgang Eholzer (pictured), Head of Trading System Design for Eurex.
When it comes to cross-border electronic trading, Eurex Exchange has been a first mover since it was born out of the merger between Deutsche Terminbörse (DTB) and the Swiss Options and Financial Futures Exchange (SOFFEX) in 1998. While its technological capabilities have developed enormously, the ability to provide the right technology to suit different client needs has evolved as well.
Eholzer explains: “We don’t
Interview with Charlie Susi & Gerry Polizzi – UBS Quant HQ was launched last year as a global joint venture between UBS Direct Execution Services and UBS Prime Services. They’ve combined the firm’s human insight and expertise with innovative technology to provide quantitative traders with tailored access to the wide range of UBS Global Investment Services. The depth of the UBS Quant HQ product offering not only includes execution and clearing, but also global technology infrastructure and solutions, commission sharing agreements, quant research and a market leading capital introduction business.
Charlie Susi (pictured) is Global co-head of Direct Execution in
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