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AlphaMetrix, a provider of platform and administration services for hedge funds and investors, has appointed Mikus Kins as Executive Director of Business Development. Kins reports to Geoff Marcus, Chief Strategic Officer, and is based in Chicago.
Most recently, Kins was Head of US Business Development at Bank of America Merrill Lynch in Chicago for the Business Transaction Services product group focusing on large corporate and multinational clients.
“Mikus has a proven track record for growing innovative, entrepreneurial teams that serve the world’s top financial institutions,” says Marcus. “We are excited to leverage that experience as we roll out what we
Commodity trading adviser DUNN Capital is to launch the DUNN WMA UCITS Fund on the MontLake UCITS Platform. WMA (World Monetary and Agriculture) DUNN’s flagship long-term trend-following program, has experienced an annualised return of 14.61% from its inception in 1984.


John Lowry (pictured), Chairman of ML Capital says: “We are delighted about this launch. DUNN has by most metrics outperformed the largest Commodity Trading Advisor (CTA) firms in the world, and the objective of the MontLake UCITS Platform is to deliver access to leading alternative strategies providers. At present, US based CTAs are in short supply within a UCITS structure and are
To strengthen their goal of offering leading investment products globally, Canadian asset management veteran, Arrow Hedge Partners, is expanding its presence in the UK through new firm, Generation Asset Management (G2AM).
The move coincides with a full corporate rebrand. After ten years as Arrow Hedge, the successful Canadian fund manager is changing its name to Arrow Capital Management (Arrow).
The firm was founded in 1999 by Jim McGovern (pictured), former CEO and co-founder of BPI Financial Corporation (BPI), a Canadian based investment manager; with the belief that true, active management would lead to superior investment results, through down-side protection and
Man Group’s range of UCITS funds now offers a daily dealing facility. The funds – Man AHL Trend and Man AHL Diversity – – were initially launched with a weekly dealing cycle and offer retail investors access to Man’s flagship AHL strategy through an onshore, regulated format with low minimum investment requirements.
From today, Man investors will be able to buy and sell these funds on a daily basis.
The funds have attracted more than $750 million in assets since the first offering was brought to market in July 2009.
Harry Skaliotis, Head of Client Portfolio Management at
After posting modest losses during the first half of April, US equity markets ended the month with positive performance. Commodities posted gains concentrated in precious metals while the US Dollar declined sharply. US treasury yields fell on analysts’ negative outlook for US credit rating, while the environment for credit & corporate acquisition remained robust. Hedge funds posted gains for the month of April, with the HFRI Fund Weighted Composite Index gaining 1.86% with positive contributions across all strategies.
The strongest area of hedge fund performance for April was Macro strategies, with the HFRI Macro (Total) Index posted a gain of
Eze Castle Integration, a leading provider of IT services, technology and consulting to hedge funds and investment firms, has released its 2011 Hedge Fund Operations & Technology Benchmark Study of more than 220 hedge funds and alternative investment firms. The Eze Castle study provides insight into the operational decisions being made by fund managers, examining their use of technology to meet investor and regulatory requirements.
The combination of preparing for regulations and the demand for greater investor transparency is resulting in a strong focus on deploying and optimizing technology to manage, protect and more effectively use data, from the front
Omgeo has launched the Hedge Fund Operations Forum (HOF), an industry peer group for UK-based hedge fund operations professionals. Members of the HOF will meet on a quarterly basis to exchange ideas and knowledge of operational best practice implementation that goes beyond current regulatory requirements.
The founding members of HOF include the UK’s leading hedge funds, which have some of the most sophisticated post-trade infrastructures in the sector. Members of the forum include BlueBay Asset Management, Cairn Capital, Cheyne Capital, CQS, Marshall Wace and RAB Capital, among others.
Operational best practice is a focus area for many UK-based hedge
The Lyxor Hedge Fund Index was up 1.37% in April. Year-to-date performance as of April 2011 is up 2.14%.
The top performing strategies over the month were Lyxor CTA Long Term Index (+3.61%), Lyxor CTA Short Term Index (+1.87%), Lyxor Global Macro Index (+1.81%), and Lyxor L/S Equity Variable Bias Index (+1.46%).
The ‘Lyxor Hedge Indices’ are investable, asset-weighted hedge fund indices. They are based on Lyxor’s hedge fund 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 Hennessee Hedge Fund Index advanced 1.3% in April (+3.80% YTD), while the S&P 500 advanced 2.9% (+8.4% YTD), the Dow Jones Industrial Average increased +3.98% (+10.65% YTD), and the NASDAQ Composite Index gained +3.32% (+8.32% YTD). Bonds advanced, as the Barclays Aggregate Bond Index increased +1.27% (+1.71% YTD) and the Barclays High Yield Credit Bond Index advanced +1.55% (+5.49% YTD).
“Hedge funds are underperforming for the year as the investment environment remains challenging for alpha generation. While managers generated gains in long portfolios as equity markets continued to rally, shorting remains challenging for hedge fund managers, detracting from performance,”
New York based CTA Systematic Alpha Management (SAM) has extended its contract with QuantHouse, a leading supplier of next-generation trading systems, to include QuantLINK, an advanced trading infrastructure interconnecting the heart of exchanges with proximity hosting at the source.
QuantLINK will enhance QuantHouse’s global order routing capabilities and co-location services within exchanges. As a result of the contract, SAM has placed two high performance servers in the QuantHouse facility in Chicago, located in the vicinity of the Chicago Mercantile Exchange (CME) data centre order matching engine.
Using QuantLINK’s low-latency connection with the CME order server will significantly reduce overall
