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Allocations to CTA’s and Global Macro strategies will be popular choices for investors in this quarter, according to the fifth edition of the quarterly ML Alternative UCITS Barometer (ML Barometer). Some 54% of respondents are looking to increase their exposure to Global Macro-Discretionary, making this the most popular strategy.
There is also considerable demand this quarter for equity managers, with a preference for Global and US managers. Indeed all equity strategies have seen a rise in demand excluding Japanese and Latin American strategies.
Global Emerging L/S is once again the preferred equity strategy this quarter with 52% of respondents
Millennium Management LLC, the large US hedge fund which runs USD14.1billion in AUM, is looking to establish a
Ireland has ushered in its first Malaysian-managed fund platform this week.
Kinetic Partners, the global professional services firm to the financial services industry, has made its first foray into Asia with the announcement of a new office in Hong Kong
With concerns that China’s rapid economic expansion could slow down in 2012 and hit economies and commodity prices, European hedge fund managers are positi
CME Group and National Futures Association (NFA), in conjunction with the InterContinental Exchange (ICE), the Kansas City Board of Trade (KCBOT) and the Minneapolis Grain Exchange (MGEX), have formed a joint committee to review how self-regulatory organisations can strengthen current safeguards for customer segregated funds held at the firm level in light of the MF Global bankruptcy.
This coordinated effort by all of the futures industry self-regulatory organisations (SROs) will examine what changes can be made to rules or to the ways firms demonstrate compliance with those rules to prevent customer losses due to the insolvency of a futures commission
Carey Olsen has announced the appointment of two new partners in its Jersey office. Daniel O’Connor and Peter German (pictured) join the busy corporate, finance and investment funds group.
O’Connor joined Carey Olsen in 2008 and specialises in investment funds, private equity and financial services regulation. He has extensive transactional experience of a wide range of investment structures working for both global financial institutions and specialist fund managers. Dan is an active member of several industry consultation and steering groups which develop funds policy and regulation, including his technical work for the Jersey Funds Association.
German has been working at
SEI has expanded its proprietary Portfolio Monitor compliance system to help money managers enhance the depth and flexibility of portfolio compliance testing in the face of ongoing regulatory changes and increasing investors demands.
SEI has been utilising Portfolio Monitor to perform post-trade compliance testing for hedge fund managers since 2009, and recently transitioned its registered fund clients onto the expanded system from its predecessor program, AdvisorAlert.
The move demonstrates the company’s commitment to delivering world class tools and resources to help its clients thrive amid changing market conditions and investor expectations.
“This system puts managers in a better position to
The Securities and Exchange Commission (SEC) has charged two multi-billion dollar hedge fund advisory firms as well as seven fund managers and analysts involved in a USD78 million insider trading scheme based on nonpublic information about Dell’s quarterly earnings and other similar inside information about Nvidia Corporation.
The charges stem from the SEC’s ongoing investigation into the trading activities of hedge funds. The US Attorney for the Southern District of New York today announced criminal charges against the same seven individuals.
The SEC alleges that a network of closely associated hedge fund traders at Stamford, Connecticut-based Diamondback Capital Management LLC
Despite a 0.14% gain in December, managed futures lost 3.05% in 2011 according to the Barclay CTA Index compiled by BarclayHedge.
“The slightly positive returns for December masked the volatility in the major market sectors,” says Sol Waksman (pictured), founder and president of BarclayHedge. “Equity markets reversed sharply at mid-month, commodity markets were down, and bond markets continued their long march upward.
“Overall, CTA performance has been remarkably positive over the past three decades. Since we began tracking managed futures performance in 1980, the Barclay CTA Index has had only five years of losses against 27 years of gains. Prior
