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GAM has given UK retail investors the opportunity to invest in its USD55million GAM GAMCO US Equity fund, wh
The GlobeOp Forward Redemption Indicator for August 2011 measured 2.71%, up from 2.08% in July.
“The Forward Redemption Indicator is encouragingly low given recent market volatility,” says Hans Hufschmid, chief executive officer, GlobeOp Financial Services. “In fact, it is the lowest August number since readings began in 2008. At this time, we see no sign of investors moving out of hedge funds.”
The Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by GlobeOp, divided by the AuA at the beginning of the month for GlobeOp fund administration clients. Forward redemptions as a percentage
Schroders’ Chief Investment Officer, Alan Brown comments on Friday’s market volatility…
Two items of news lie behind the continuing market rout: the sharp decline in the Philadelphia Index and the news that other Eurozone countries were likely to seek to negotiate collateral arrangements from Greece to match the deal that Finland has achieved. As such this is a continuation of the same two themes, concern over the prospects for world growth and concerns over the stability of the Eurozone.
As often happens at times of great uncertainty, natural value buyers will often sit on the side lines rather than try
Alex Orus (pictured), CIO, Blue Diamond Asset Management, on the current ‘flight to safety’ prompted by the recent political and market turmoil…
The political and market turmoil has caused many investors to aggressively reduce or exit equity markets in favour of what the global media and investors call “safe assets” – for example, US treasuries, Swiss and German government bonds.
It is understandable that investors want to de-risk their portfolios as long as political leaders, in particular in Europe, are struggling to take any decisions that would make sense in the long-run. However, we believe that a “de-risking” of a
With the first SEC deadline for private fund (Form PF) reporting currently less than six months away for many large hedge funds and managed account platforms, GlobeOp Financial Services (LSE:GO.) has launched a reporting service to specifically support the requirements.
“Many funds with more than USD1 billion in assets under management (AuM) potentially face their first quarterly reporting deadline on 15th January, 2012,” says Tony Glickman, global head of Analytics at GlobeOp. “The complex reporting forms are compounded by the fact that larger funds and managed account platforms often involve complicated portfolio, risk and performance data. For example, we’ve determined
US broker-dealer BTIG has extended its Asia footprint by opening an outsource trading desk in Hong Kong reported FINalternatives this week.
China Vice Premier Li Keqiang gave Hong Kong’s stock market a huge fillip by announcing on 17 August that China would start an exchange-traded fund linked to Hong Ko
Citigroup Inc is rolling up its sleeves as it prepares to battle prime brokerage heavyweights like Goldmans, Morgan Stanley and Deutsche Bank by increasing headcount in it
The Hong Kong stock exchange is engaged in talks with its Shanghai and Shenzhen counterparts with a view to establishing a joint venture for equity derivatives and index compilations, in so d
Direxion, a leader in alternative investment solutions, has appointed Edward Egilinsky as Managing Director, Head of Alternative Investments. As a member of Direxion’s management team, Egilinsky will drive the firm’s product development initiatives, internal and external messaging, training and support of product delivery.
"Ed’s past success in building out alternative investment products and platforms dovetail perfectly with Direxion’s proven capabilities in alternative strategies," says Direxion President Dan O’Neill. "He will play an integral role in helping us develop and distribute products as part of our continued commitment to expanding "buy and hold" alternative strategies for investors."
Egilinsky brings more than 19
