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Apex Fund Services has launched Apex Funds 247, an online reporting solution for both investors and investment managers that provides greater portfolio transparency and performance attribution analysis.
Apex Funds 247 enables investors to quickly and easily access investment manager information via an online dashboard. As well as over 80 regular reports available a large number of dynamic reports which users can create themselves can be generated by Apex Funds 247.
One of the key benefits Apex Funds 247 provides is that it nurtures closer collaboration between managers and investors. To protect sensitive data separate reporting logins exist between the
Various voices from both buy side and sell side institutions debated the efficacy of e-trading and what the future implications of traditional Request For Quote (RFQ) inquiries might be at a recent industry roundtable.
The roundtable was hosted by Joe Feerick (pictured), Head of Product Management at MarketAxess, and Erik Tham, Head of Fixed Income Buy Side Algorithmic Trading at UBS Wealth Management, at the Association for Financial Markets in Europe’s 7th Annual European Market Liquidity Conference on Wednesday 8th February.
Regulatory developments under MIFID II and EMIR (European Market Infrastructure Regulation) will require the trading of derivatives to move
IFG Fund Administration has further strengthened its team which targets the alternative investment industry, as it seeks to grow its business.
Stephen Edmonds has joined the Isle of Man office, working closely with Colin Stott who was recently promoted to Director, Business Development.
Edmonds has worked in financial services for over 30 years, and is well known and respected in the local and London marketplace.
“ I’m delighted to be joining IFG Fund Administration, whose expanding operation reflects not only their commitment to this sector but is underpinned by an excellent reputation in client servicing which I look forward to
European equity markets are ‘incredibly cheap’ but investors should ‘remain cautious’, says Stephanie Kretz, a member of the Investment Strategy Team for Private Banking at Lombard Odier…
European equity markets are incredibly cheap. At a country level, Italy’s price to 10-year average earning currently stands 72% below its historical average since 1969. The same can be said of Spain, France and Germany.
Numerous waves of liquidity injections planned by the European Central Bank should benefit equity markets.
Investors should remain cautious, however: the European Central Bank actions will not make structural issues magically disappear. More liquidity has never turned deficits
Northern Trust has made four key appointments to the Northern Trust Alternatives Group, building its capabilities in hedge fund and private equity management for institutional and individual clients.
Anthony Zanolla has been named Head of Portfolio Management, Tony Lissuzzo will serve as the Director of Hedge Fund Research, Bob DiCarlo has been named Chief Administrative Officer and Aimee Wight will serve as an Investor Relations Consultant for Hedge Funds. Northern Trust Alternatives Group also promoted Brad Dorchinecz to Director of Private Equity.
"We see significant interest in the alternative investments space, and the Northern Trust Alternatives Group is growing in
State Street Global Markets, LLC (SSGM), intends to join SwapClear, LCH.Clearnet’s global over-the-counter (OTC) IRS clearing service, by June, 2012 subject to regulatory approval. SwapClear’s total clearing membership is currently 61.
“Our membership will provide our institutional investor clients with a key venue for clearing the multiple swap products now being brought into a cleared environment under the emerging regulatory changes in Europe and the United States,” says Clifford Lewis (pictured), executive vice president and head of State Street’s Exchange business. “State Street’s diverse, global client base demands a wide range of clearing choices across regions, exchanges and products. We
Schulte Roth & Zabel (SRZ) is celebrating the 10th anniversary of its London office. Formed in New York in 1969, SRZ is a legal service provider to the global hedge fund industry.
SRZ opened its doors in London in September 2002, a natural extension into the UK of its successful US investment management practice. In the past decade, SRZ’s London practice has advised some of the most celebrated names in the European hedge fund industry and has gained an impressive share of the European investment management legal market.
“We are grateful to our clients and pleased that we are
The Lyxor Hedge Fund Index was up 1.30 % in January. The top performing strategies over the month were Lyxor Special Situations Index (+3.60%), Lyxor L/S Equity Long Bias Index (+3.00%) and Lyxor Fixed Income Index (+2.56%).
The Lyxor Hedge Indices are investable, asset-weighted indices, designed to offer investors straightforward access to hedge fund performance. The indices are based on Lyxor’s managed account platform that covers all the major hedge fund strategies and benefits from a high level of transparency and risk control, while ensuring weekly liquidity. The Lyxor Hedge Fund Index range comprises 16 indices ranging from global to
A steady rise in transaction frequency characterised the last quarter of 2011, a year that Hedgebay believes could be seen as significant in the history of the secondary market.
The recent volume has seen 2011 trading levels surpass those of 2010, and alongside improving depth and breadth in the market place, both in the number of participants and types of investors, points to the increasing popularity of secondary trading.
With an increasing number of participants using the market to both access high performing hedge funds and remove illiquid assets from their portfolios, pricing remains volatile. The full breadth of
San Francisco based algorithmic fund, Galiam Capital, debuted on 1 February, 2012 with over USD100 million under management (AUM). Galiam Capital provides liquidity to the financial markets by using proprietary mathematical models to identify statistical arbitrage and market-making opportunities.
The market neutral fund currently trades US equities and looks to add European and Asian equities in the next twelve months. Douglas Abrams, Partner and Head of Marketing, affirms that the Fund is on target to raise an additional USD100 million by the end of the first quarter 2012. “We are fortunate to have a diverse investor base, consisting of alternative
