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Altegris Advisors has launched the Altegris Futures Evolution Strategy Fund, which combines active management of what Altegris describes as ‘leading managed futures managers’, with an active fixed income approach.
"Traditionally the typical managed future fund allocates a large percentage of its assets to highly liquid, short-term, high-quality securities. Given today’s low interest rate environment, we believe it is an opportune time to introduce an alternative fixed income approach in combination with a focused managed futures strategy," says Jon Sundt, President and CEO of Altegris. "The Altegris Futures Evolution Strategy Fund utilises actively managed fixed income strategies, sub-advised by an industry-leading
European Multilateral Clearing Facility NV (EMCF) has appointed Hugh Brown as Director of UK Markets. In this newly created position, Brown will be EMCF’s representative in London, managing the relationships with UK-based platforms and clients, liaising with regulators and industry bodies and helping to develop EMCF’s strategy and positioning on industry issues.
Brown joins EMCF following 17 years with the London Stock Exchange Group, where his roles have included managing trading, post trading and regulatory strategy.
"Hugh joins EMCF at a critical time for the European financial sector, when the marketplace is about to start offering interoperability," says Jan Booij
Lionel Paquin has been appointed as Managing Director – Head of the Managed Account Platform at Lyxor Asset Management.
Paquin, who has been working within the Société Générale Group since 2004 and is a member of the Lyxor Management Committee and Executive Committee, replaces Stéphane Enguehard, who has been promoted to Managing Director – Head of Funds of Hedge Funds Development for Lyxor.
Enguehard’s new role will consist of promoting the company’s Funds of Hedge Funds range towards a broader audience of key investors around the globe.
Skandia Investment Group is offering UK retail investors the ability to complement their investments in bonds and equities – by launching the Skandia Global Futures Fund.
The new fund invests in the USD290bn managed futures industry – an industry which has its roots in the mid nineteenth century US farming industry but which has grown rapidly since the 1970’s with the introduction of new futures contracts covering a broad range of commodity and financial assets.
The new Skandia fund is UCITS compliant and is designed to offer investors an alternative investment strategy which is generally uncorrelated to traditional equity
Mark Hewlett, Managing Partner of Anello Asset Management, on the ECB’s decision to cut interest rates…
I hope this isn’t the start of a more market reactionary ECB. Trichet kept the focus on price stability and independence from the Markets and Governments. The press conference after the announcement did something to reassure that the ECB will not throw unlimited amounts of money at the problems Europe is facing, but it would be easy to undo the good work to date to ensure the currency is sound over the longer term, regardless of the poor political decisions and which countries are
Increased automation and growing demand for more transparency have seen hedge fund managed accounts grow in popularity and brought down the cost of their administration, according to JP Morga
Asian hedge funds attracted USD1.4billion in net new assets in Q3 from global hedge fund investors, marking a sixth consecutive quarter of inflows according to t
Hong Kong-based Prudence Investment Management thinks investors should switch to Chinese consumer sectors as the country’s property sector credit will offer fewer opport
Global hedge fund investors allocated over USD1.4 billion in net new capital to Asian hedge funds in Q3 2011 as global financial markets responded to developments in the European sovereign debt crisis and weakening economic growth prospects across developed economies, according to the latest edition of the Asian Hedge Fund Industry Report by HFR.
The third quarter inflow represents the sixth consecutive quarterly net inflow from investors into Asian hedge funds and the eighth quarter in the last nine quarters that Asian funds have seen positive flows. As a result of performance based asset declines, total assets under management (AUM)
Eurex Clearing has successfully wound down its clearing member MF Global UK Limited (MF Global). MF Global entered Special Administration Regime on Monday evening, 31 October 2011, as confirmed by the responsible UK regulatory body, the Financial Services Authority (FSA). According to its clearing conditions, Eurex Clearing terminated the clearing agreement with MF Global on 1 November 2011.
The termination triggered the liquidation of corresponding positions at Eurex Clearing by way of market transactions; the exposure was at all times fully covered by collateral placed by MF Global. At no time there was a need to draw on the Clearing
