Latest News
A new State Street Vision report featuring independent research carried out in conjunction with the Economist Intelligence Unit, points to the emergence of a new paradigm in Europe in which asset managers must adapt to the radically changing needs of investors in the wake of the financial crisis.
This Vision paper, “The Changing Shape of European Investment Management – Volume 3: Navigating Complexity,” also explores other key factors that are shaping Europe’s asset management industry including changing investor needs, widespread regulatory reform and urgent demographic trends.
In this comprehensive study which surveyed more than 160 European asset managers, the most
This year’s GAIM International at the Meridien Beach Plaza in Monaco is a star-studded affair. The industry talent expected to congregate looks set to reflect the dazzling depths of the Mediterranean breaking just offshore.
Such luminary names as GLG Partners’ chief investment strategist Jamil Baz, Professor Niall Ferguson of Harvard University and Nassim Nicholas Taleb, principal of Universa Investments – and of Black Swan fame – will be speaking. Not to mention countless panel discussions featuring the likes of Gavyn Davies of Fulcrum Asset Management, Jane Buchan, CEO of PAAMCO and end investors ranging from Barclays Pension Fund to the
Agecroft Partners, a global hedge fund consulting and third party marketing firm, has hired hedge fund veteran Cara Fleckenstein as a Managing Director.
Cara brings considerable institutional hedge fund experience to Agecroft Partners. Her experience includes marketing at a multi-billion dollar hedge fund, capital introduction at Bank of America, institutional options sales at Citibank, and options market-making at Societe Generale.
During this time she has developed a very strong knowledge of hedge fund investment strategies and the capital markets, which should give her significant credibility with large institutional investors. Cara’s responsibilities will include assisting with due diligence on potential hedge
The Dow Jones Credit Suisse Hedge Fund Index finished down 0.04% for the month of April.
Four of the broad index’s 10 sub-strategies recorded positive returns – Fixed Income Arbitrage (0.69%), Multi-Startegy (0.58%), Managed Futures (0.43%) and Emerging Markets (0.15%) – while Dedicated Short Bias was the worst performing sub-strategy at −2.53%.
There have not been any funds dropped from the Dow Jones Credit Suisse Hedge Fund Index in April.
The following funds have been added to the Dow Jones Credit Suisse Hedge Fund Index: Brevan Howard Systematic Trading Fund, Castle Creek Arbitrage, GS Gamma Investments Fund, HSBC GIF –
Fiona Le Poidevin, the current Deputy Chief Executive of Guernsey Finance, will take over as Chief Executive from Peter Niven with effect from 30 June.
Niven has been with Guernsey Finance since 2006 and will continue to act in a part time consultancy role with the company until the end of 2012.
Making the announcement, Jim Gilligan, the Chairman of Guernsey Finance, reflected on Niven’s time as head of the Island’s promotional body for the finance industry.
“In the six years that Peter has been at the helm, the work of Guernsey Finance has led the way in the marketing
Kinetic Partners is partnering with Redkite Financial Markets to offer a comprehensive regulatory and trading surveillance solution.
The partnership, which combines Kinetic Partners’ unique expertise in advising on monitoring and surveillance requirements and Redkite’s market-leading software, will help firms respond to regulatory pressure to adopt automated, real-time trade monitoring and surveillance. The announcement comes shortly after ESMA’s 1st May deadline which required firms to comply with its guidelines on systems and controls in an automated trading environment. This latest guidance reflects the increasing importance that regulators are putting on trade monitoring and analysis, in the wider context of a crackdown
Harcourt, a subsidiary of Vontobel Asset Management, has appointed Jan Viebig and Georg Wessling to further expand and strengthen its expertise in alternative investments.
Viebig takes up the position of Head of Alternative Investments. Wessling will act as Deputy Head of Alternative Investments.
Viebig replaces the former CEO of Harcourt, Stephan Fritz, who has decided to leave Vontobel Asset Management. Viebig has over 12 years of investment experience in alternative investments and emerging markets. He joins Harcourt from Credit Suisse, where he currently is Head of Emerging Market Equities. Before this, he was Senior Hedge Fund Manager at
J E Moody’s Commodity Relative Value (CRV) Program has been added to Sciens’ managed account platform (MAP).
J E Moody’s CRV Program is a highly diversified natural resource strategy investing in energies, metals, grains, meats, and soft commodities. It employs a fundamental, relative value spread trading strategy for commodity futures. The strategy is non-directional and seeks pure alpha with minimal drawdowns and no commodity beta or correlations to other Commodity Managers, major asset classes such as stocks and bonds, or hedge funds. The new ‘cell’ is open to all current and new investors on Sciens’ MAP.
Dr John Moody (pictured),
The recently published Economist review of the prospects for the Channel Islands, provides a rather gloomy view of the future; a characterisation which few in Jersey or Guernsey would recognise, says Geoff Cooke (pictured), CEO, Jersey Finance…
I was asked by the journalist early in my interview session, what did I think of a well known tax lobbyist. Regrettably my response wasn’t printed, but the now customary accusation of defensiveness followed in the article.
This is something of a lose lose for the Channel Islands as if we allow defamatory and misleading commentary to go unchallenged, we are judged guilty
NYSE Euronext (NYX) and the China Financial Futures Exchange (CFFEX) have signed a Memorandum of Understanding (MOU) to promote a bilateral partnership to support the development of the exchanges futures and options markets.
The agreement was designed to explore opportunities for extending the global reach of both exchanges. The MOU will enable the two exchanges to explore opportunities for information sharing; exchanging and training employees; as well as business cooperation such as joint research into developing strategies for the derivatives market.
“Asia is a strategic priority for NYSE Euronext and we are delighted to partner with Mr Yuchen and
Special Reports
FeatureD
- Insight
