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Together with CFA Institute, EDHEC-Risk Institute has introduced seminars that take stock of the latest industry trends and research advances and clarify the distinction between true innovation and mere marketing claims.
The Advances in Asset Allocation seminar is an intensive three-day course that will provide participants with an in-depth appreciation of the concepts and techniques that will shape the future of investment management. The seminar will also equip them with practical tools to improve asset allocation and risk management processes, implement novel investment management approaches, and develop new products.
The first part of the seminar focuses on bridging the gap
The US Commodity Futures Trading Commission (CFTC) has obtained a federal court order freezing assets held by defendants Robert J. Andres and Winsome Investment Trust (Winsome), both of Houston, Texas, Robert L. Holloway of San Diego, California, and US Ventures LC (USV) of Salt Lake City, Utah.
The court’s order also prohibits the destruction of books and records. The Honorable Senior Judge Bruce S. Jenkins of the US District Court for the District of Utah scheduled a hearing on the CFTC’s motion for a preliminary injunction on February 14, 2011.
The order stems from a CFTC civil anti-fraud complaint filed
Deutsche Bank and Traxis Partners (Traxis) have launched a UCITS compliant version of the Traxis Global Equity Macro fund.
The UCITS fund, called DB Platinum Traxis Global Equity Macro, was launched on Deutsche Bank’s DB Platinum platform on 1 February 2011. The fund will be managed by Traxis in accordance with the strategy managed by Barton Biggs in a similar way to the Traxis Global Equity Macro fund, modified where needed to comply with UCITS regulations. The fund’s investment process is discretionary in nature and leverages the global insight and experience Barton Biggs has developed over 40 years of
Pershing, a BNY Mellon company, has made a non-controlling investment in HedgeMark and obtained rights to acquire HedgeMark over time.
HedgeMark offers a comprehensive, end-to-end hedge fund managed accounts platform in recognition of the substantial institutional demand for alternative investments. HedgeMark’s platform features a fully integrated suite of technology modules that include fund due diligence, portfolio construction and back-testing, holdings-based risk monitoring, stress test analytics and a comprehensive compliance surveillance engine. Through the HedgeMark platform, investors can build, analyse and monitor a diversified portfolio of alternative investments while integrating and aggregating alternative and traditional investment risk data.
“HedgeMark is re-defining
An EU proposal for the public disclosure of the net short positions of individual managers risks distorting financial markets and is not effective in meeting the needs of companies wishing to raise capital, investors seeking efficient risk management or regulators addressing financial stability, according to an independent study.
The report by Oliver Wyman, the international management consulting firm, was commissioned by the Alternative Investment Management Association (AIMA), the global hedge fund association, and sponsored by Deutsche Bank.
The new study seeks to update the findings from a 2010 report by Oliver Wyman* and to analyse the impact of a
The secondary market witnessed one of, if the not the broadest selling effort by investors in the secondary space in the decade since the market was established. A high volume of trading across the spectrum of strategies in December suggests a methodical clearing of assets by investors preparing for 2011.
The average price of trades for December registered at 72.81% for the month, a slight drop from November. Hedgebay attributes the fall to a change in investors’ priorities this month. While the pricing of trades is normally the top priority for investors, the disposal of assets was the main concern
Alpine Woods Capital Investors, LLC, the adviser to the Alpine Mutual Funds, has announced the inception of the Alpine Global Consumer Growth Fund.
Alpine’s newest fund will concentrate investments on opportunities in consumer products and services throughout the world. It is led by co-portfolio managers Bryan Keane and Samuel Lieber.
Keane has led the consumer products research team at Alpine since 2007. He also serves as co-portfolio manager of the Alpine Accelerating Dividend Fund. Before joining Alpine he was a vice president of US Trust Company. He is a graduate of Wesleyan University and holds an MBA from New York
Global hedge fund investment specialist Financial Risk Management (FRM) has appointed Anthony Simpson as co-head of global business development, based in London.
In this new role, Simpson will lead FRM’s client development activities globally, partnering with Akio Shimazu, who is responsible for FRM’s business in Japan and Korea. Simpson will also join FRM’s Executive Committee.
Previously, Simpson was co-head of global business development for Ramius, the alternative investment management business of Cowen Group. Prior to that, he spent nearly a decade with Merrill Lynch in London, holding a number of senior business development roles including managing director of the
The Blackstone Charitable Foundation has joined forces with The White House in support of the Administration’s “Startup America” initiative, a public/private alliance of the nation’s most innovative foundations, entrepreneurs, corporations, universities, and other leaders who will work together to increase the prevalence and success of American entrepreneurs.
The goal of the initiative is to marshal private resources to scale up a portfolio of proven models that spur innovation activities and bring ideas to market more quickly to get new businesses up and running.
“We are honoured to be recognised by the White House for our commitment to fostering entrepreneurship and
With its business expanding rapidly, emerging markets debt specialist Finisterre Capital has appointed Ursula Newman as in-house General Counsel, to replace the firm’s external legal counsel.
Ursula joined Finisterre from Altima Partners LLP, where she worked as General Counsel. Prior to that she was employed at HSBC and Deutsche Bank where she worked on EM transactions. Ursula started her career at Macfarlanes, a leading corporate and commercial law firm.
Meanwhile, Frode Foss-Skiftesvik, a founding partner in Finisterre and the firm’s Chief Operating Officer, has relocated to the London head office. He was previously based in Finisterre’s US office in
