Latest News
Institutional investors feel that regulators are not in tune with investor requirements, according to a survey commissioned by structuring specialist Alceda.
The survey of 49 UK institutional investors was conducted by Kepler Partners at the Global Macro Ucits Conference in London in October 2012.
The majority, 84 per cent, of respondents were discretionary wealth managers or family offices, with the remaining 16 per cent active in the fund of fund/multi-manager space.
The survey reveals that 73 per cent of respondents feel that regulators are not in tune with investor requirements, with almost half of investors (43 per cent) stating
On-going issues in the Eurozone and the looming US ‘fiscal cliff’ will create an uncertain environment for investors until the beginning of 2013, according to Marino Valensise, chief investment office at Baring Asset Management (Barings). However, Barings believes that improving fundamentals around the US housing market, a potential shift in sentiment towards the US’s vast natural gas reserves, appetite from US pension funds for emerging market equities and debt and stabilization of fundamentals in China could help the global economy and provide the necessary catalysts for growth and for a positive market dynamic…
We believe that the US will play
Object Trading, an independent provider of global direct market access (DMA), has named Dan Hubscher director of marketing.
In this newly created position, Hubscher will promote the Object Trading brand and provide market feedback to ensure the FrontRunner suite of products continues to meet the standards of buy- and sell-side firms around the world.
Hubscher brings nearly 15 years of capital markets technology sector experience to his new role.
Most recently, Hubscher was industry marketing manager, capital markets, for Progress Software Corporation where he was responsible for overseeing marketing strategies for solutions in algorithmic trading, e-commerce, and market surveillance
Global alternative asset manager The Carlyle Group has raised USD1.38bn for energy credit investments.
Carlyle Energy Mezzanine Opportunities Fund (CEMOF) primarily targets investments in projects and companies in the power generation and energy sectors requiring capital of USD20m to USD150m per transaction.
The fundraising effort exceeded Carlyle’s initial goal of USD750m.
David Albert, managing director and co-head of the energy credit investment team, says: “We are delighted with the faith investors have shown in us and in our strategy. CEMOF provides growth capital which is less dilutive and more flexible than that of traditional private equity. We enable owners to
Advent Software has launched a new interface between Tamale RMS and IntraLinks offering multi-manager organisations enhanced information automation and significant time savings with their research and due diligence processes.
Advent’s Tamale RMS is the only RMS to offer the IntraLinks service to its multi-manager clients.
The interface:
• Enables automatic transfer of monthly documents from hedge fund and private equity managers to Tamale RMS, categorized according to the client’s preferences,
• Eliminates multiple extra steps and manual data entry to add the necessary data into a single system of record for research (Tamale RMS), and
• Automates due diligence
PEAK6 Advisors, an investment advisory firm launching a multi-asset class hedge fund, has selected Paladyne FastStart as part of its institutional-grade investment management platform.
PEAK6 Advisors is a unit of PEAK6 Investments, a financial institution based in Chicago with businesses spanning the proprietary trading, investment advisory, and online brokerage sectors.
The newly formed fund is led by former UBS executive Joseph Scoby, chief executive officer of PEAK6 Advisors and chief investment officer of the fund.
The fund has implemented Paladyne FastStart, a bundled technology and services offering that combines Paladyne’s firm-wide technology platform with a selection of operational, market data
Four Singapore Exchange member banks successfully eliminated more than 82 per cent of the SGD interest rate swaps they wanted to terminate in the first SGX triReduce portfolio compression cycle.
The four participants, including two local institutions, reduced notional principal outstanding by SGD25bn in the inaugural compression cycle for cleared trades.
“We are pleased with how smoothly this initial compression cycle in SGX went,” says Lawrence Chan, Managing director of business management and support of treasury and markets, Development Bank of Singapore. “We view this as a natural extension of the bilateral compression cycles that TriOptima has offered in
As the world’s climate negotiators gather for the UNFCCC COP18 conference in Doha, a white paper published by Bloomberg New Energy Finance finds just USD8bn flowed from developed to developing nations to foster deployment of large-scale clean energy power generation and biofuels production in 2011.
This constitutes eight per cent of the USD100bn per annum total cross-border investment (CBI) promised by developed countries during the 2009 COP talks in Copenhagen by 2020. That commitment was reaffirmed at subsequent COP meetings at Cancún and Durban.
Of USD280bn in new clean energy funds invested in 2011, asset finance for renewable power generation
FTSE Group has launched the FTSE Super Liquid Index Series (SLQ), a broad family of real-time free float market capitalisation weighted indices designed to mimic the characteristics of key FTSE indices via a smaller, highly liquid universe of stocks.
FTSE Super Liquid indices incorporate a novel methodology to determine the index size and select the most liquid stocks from within each industry of the underlying index.
The resulting basket exhibits reduced implementation, maintenance and replication costs, whilst retaining the industry weightings and performance characteristics of the parent index.
Peter Gunthorp, managing director, research and analytics, FTSE Group, says: “With
The Honourable Paul G Gardephe has entered consent judgments in the SEC’s case against Berton M Hochfeld and Hochfeld Capital Management, ordering injunctions, asset freezes, the appointment of a receiver, and other preliminary relief.
The SEC filed its civil action in the US District Court for the Southern District of New York on 9 November to freeze the assets of Hochfeld and Hochfeld Capital, as well as the Heppelwhite Fund, a hedge fund Hochfeld managed.
The SEC’s action charged Hochfeld and his firm with securities fraud for misappropriating assets and making material misstatements to Heppelwhite Fund investors.
The SEC also
Special Reports
FeatureD
- Insight
