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New York-headquartered Liquidnet is a global institutional trading network that connects buy-side institutions to global equity markets. Its global footprint includes subsidiary offices in key financial markets including London, Tokyo, Hong Kong, Sydney and Toronto.
The firm was founded by Seth Merrin in 2001. Prior to Liquidnet, institutional investors looking to buy or sell a large block of stock had few options. Typically, it meant manually breaking large trades into small pieces and executing on the retail market, where price fluctuations and scarce liquidity were inevitable.
Merrin recognised that institutional investors needed a wholesale market where
Year after year, award after award, Anchin, Block & Anchin is recognised as a top-tier firm throughout the US in terms of its size, management, scope of services and work environment.
With a staff of more than 350 and numerous specialised industry and service teams, the full-service accounting, tax and advisory firm provides investment companies, privately-held businesses and high net worth individuals with a wide range of traditional and non-traditional services.
Anchin’s expertise is readily apparent in its Financial Services Group, which includes nine partners and more than 50 dedicated professionals under the direction of partner-in-charge
2011 saw a total of 28 new funds join the industry’s largest individual commingled managed account platform across a range of strategies including multi-strategy, special situations, merger arbitrage, emerging market LSE, global macro and long/short credit.
And this year is proving no different. Two managers in the fixed income and global macro space have been onboarded: Concordia Advisors, the New York-based fixed income relative value fund (added February), and Bladex, a Latin American global macro manager (added March).
As of May 29, 2012 the AUM for the MAP stood at USD11billion.
Stefan Keller, Head of MAP Research at
As part of the Goldman Sachs Alternative Investments and Managers Selection Group (AIMS), Goldman Sachs Asset Management’s specialist hedge fund team – AIMS Hedge Fund Strategies – has over 40 years’ experience. With over USD22billion in AUM, the team is one of the largest providers of alternative investment solutions.
One such solution is the GS Dynamic Alternative Strategies (DASP) Portfolio, a Luxembourg-domiciled sub-fund of the GS Funds II SICAV. As an UCITS-compliant multi-strategy FoHF product, which is only available to investors in certain European jurisdictions, the portfolio aims to identify and then invest in the best available hedge fund managers
By James Williams – With a flood of new regulations set to emerge over the next few months, US hedge funds and service providers need to pay close attention to compliance and regulatory issues even as they battle to stay abreast of their performance forecasts.
Delivering the keynote address at the Hedgeweek USA Awards 2012 held recently in New York, Jeffrey Rosenthal, Partner and head of the financial services practice at Anchin, Block & Anchin LLP, noted that with the growing institutionalisation of the hedge funds market, managers need to build and maintain strong record keeping procedures in
Fundamental reforms of over-the-counter (OTC) derivatives markets around the world are having a profound impact on how derivatives are used, raising particularly challenging questions for sovereign institutions, according to a BNY Mellon report.
In the report, titled Sovereigns in Search of Solutions: OTC Derivatives Reform: Direct and Indirect Impacts, BNY Mellon explores inherent inconsistencies in the application of key OTC reform provisions and the potential impact on sovereign institutions, a base of increasingly influential global investors that use capital markets and OTC derivatives for implementing their investment strategies and hedging exposure.
The core objectives of the proposed reforms, which
Developed and developing economies remain caught in the eurozone downdraft as a long series of crisis summits has brought the resolution of the debt crisis no closer. In his Quarterly Economic Outlook for Q3 2012, Invesco Ltd’s Chief Economist John Greenwood analyses the fundamental flaws in the architecture of the single currency as well as the future prospects of the eurozone and the global economy…
Further global economic weakness is unavoidable until a credible, sustainable resolution to the eurozone crisis is within sight. With the EU representing about one fifth of global GDP, this crisis is not only generating a
HedgeOp Compliance, a provider of regulatory services and software for investment advisers in the US, has been recognised as Best North American Regulatory Advisory Firm at the 2012 Hedgeweek USA Awards.
The Hedgeweek USA Awards acknowledge the best hedge fund managers and providers in the North American hedge fund industry, and are voted for by Hedgeweek’s 41,000 subscribers.
Industry professionals including institutional investors, fund administrators, prime brokers, custodians and advisers elected their top performers in a number of categories through an online peer review system.
Hedgeweek’s editorial team named the final award winners from a shortlist of those nominees
Hedge fund flows as measured by the GlobeOp Capital Movement Index were down 1.17 per cent in July.
"July flows again reflected quarterly re-allocations by investors. While outflows exceeded inflows for the month, the outflow is very much in line with prior quarter ends,” says Hans Hufschmid, chief executive officer, GlobeOp Financial Services.
The GlobeOp Capital Movement Index represents the monthly net of hedge fund subscriptions and redemptions administered by GlobeOp. This monthly net is divided by the total assets under administration for GlobeOp’s fund administration.
Cumulatively, the GlobeOp Capital Movement Index for July 2012 stands at 146.53 points, a
DCG in Jersey has appointed Paul Perris to a senior role designed to help further develop the firm’s funds business and to expand its service capabilities globally.
Perris (pictured) has more than 20 years’ experience in the establishment and administration of a wide range of multi jurisdictional corporate, real estate and private wealth structures for global funds, institutions and ultra high net worth individuals.
He joins DCG from Ogier, the offshore law firm and fiduciary group where he was a partner and group director.
Perris has experience dealing with Middle Eastern investors, sovereign wealth funds and family offices and spent
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