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The world’s hedge fund industry employs an estimated 300,000 people, according to the Alternative Investment Management Association.
Aima produced the figures after surveying its members internationally.
Aima has more than 1,200 corporate members in more than 40 countries. Its hedge fund manager members manage in excess of 75 per cent of global hedge fund assets and 70 per cent of global fund of hedge funds assets.
The regional breakdown of the figures is 240,000 in North America, 50,000 in Europe and 10,000 in Asia Pacific. The totals include both those employed directly within the hedge fund sector and those
Figures for November released by UCITS Alternative Index show that its Alternative Index Global was down 0.21 per cent to leave it at +0.78 per c
A research report written by State Street Hong Kong entitled Vision Focus: Asian Funds Passport to Growth, has attempted to address Asia’s underdeveloped funds market.
Institutional investors are turning to commodities to provide absolute returns and are employing active strategies to do so, according to a survey of more than 300 attendees at Barclays Capital’s sixth annual US Commodities Investor Conference this week.
Absolute returns are the primary motivation for commodities investors, according to 36 per cent of respondents in the survey, twice as many as those citing portfolio diversification or inflation hedge as an investment driver.
When those surveyed were asked how they plan to invest in commodities over the next 12 months, 43 per cent chose active management, while only seven per cent
Addressing an audience and panel of experts via video at Citywire’s recent Berlin fund forum, EFAMA Chairman Jean-Baptiste de Franssu warned that with ne
Paris-based asset manager, TOBAM, established in 2006 by Yves Choueifaty and other colleagues, has launched a new strategy based on its flagship Anti-Be
Paris-headquartered CACEIS, the asset servicing arm of Credit Agricole with EUR2.3trillion in assets under custody and France’s leading fund administrato
Aviva has joined the Life & Longevity Markets Association as a full member, bringing its membership to 11.
The other members are Axa, Deutsche Bank, J.P. Morgan, Legal & General, Morgan Stanley, Pension Corporation, Prudential, RBS, Swiss Re and UBS.
The LLMA was formed to promote the development of a liquid traded market in longevity and mortality-related risk, of the type that exists for insurance linked securities, and other large trend risks like interest rates and inflation.
Craig Thornton, chief risk officer at Aviva, says: "Aviva has watched with great interest the considerable work done by the LLMA
GFI Group, a provider of wholesale brokerage, clearing services, electronic execution and trading support products, has opened an office in Bogota, Colombia.
The new office, opened by GFI Securities Colombia, will focus on brokering of Colombian sovereign fixed income, corporate fixed income and related derivatives products in the domestic market.
The Colombian Financial Markets Regulator (Superintendencia Financiera) granted GFI Securities Colombia the licence to commence operations last month.
“We are very pleased to announce the start of operations in Colombia,” says Nick Brown, GFI managing director, head of financial products brokerage, Americas. “This is a very important market
The International Accounting Standards Board (IASB) has published an exposure draft on accounting for hedging activities. The draft proposes requirements that will enable companies to reflect their risk management activities better in their financial statements, and help investors to understand the effect of those activities on future cash flows.
Commenting on the proposals Andrew Spooner, Deloitte Global IFRS Financial Instruments lead partner, told Hedgeweek, “Corporate Treasurers have long felt frustrated that their risk management approach is not always fairly presented in the financial results. These proposals will bring down many of the barriers to entry to hedge accounting and make the
