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Following the signing of a partnership between ABN Amro Clearing and tick-TS in February this year, the companies have expanded the markets available via their set-up.
As of today, further access can be provided to the NYSE Euronext Cash Market and Eurex.
“The combination of the exchange memberships of AAC and the tick-TS trading front-end has proved to be very successful right from the start. We now have a substantial customer base using tick-TS who are all very enthusiastic with the speed of execution through the proximity hosted servers of tick-TS,” says Sven Diepenbach, market access business development manager at
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, are up 0.6 per cent year-to-date as of 30 June, posting positive performance for four out of six months in the first half of 2010.
To date in 2010, the hedge fund industry has outperformed global equity markets by over ten per cent as managers continue to employ a diverse range of alpha-generating investment strategies.
Performance among the ten index sectors was mixed with six out of ten sectors posting positive returns in the first half of the year. Top performers included fixed income arbitrage (+5.5 per
Insparo Asset Management is celebrating the two year anniversary of its Africa and Middle East fund.
It says the success of the fund has shown the potential of investing in the region, and predicts that the next few years will provide even more growth.
The Insparo Africa & Middle East Fund makes investments across the Mena and Sub-Saharan Africa regions in various sectors. The fund has returned over 30 per cent since the start of July 2009, and has significantly outperformed the MSCI Frontier Markets Index over the same period.
The firm’s second year has seen it build
The Blackstone Group made a net loss of USD193.3m in the second quarter of 2010, compared to a net loss of USD164.3m for the second quarter of 2009.
For the second quarter of 2010, total segment revenues were USD552.3m, up significantly from USD403.6m for the second quarter of 2009.
The improvement was driven by increases in investment income derived from an increase in the carrying value of the underlying portfolio investments in the private equity and real estate segments, and by increased fees earned in the financial advisory segment.
These increases were partially offset by decreases in performance fees and
The US Commodity Futures Trading Commission will begin publishing a report that aims to add further transparency to the financial futures markets.
The report, entitled Traders in Financial Futures, builds on improvements to transparency implemented last year that disaggregated data in the CFTC’s weekly Commitments of Traders reports.
“Promoting transparency is at the core of the CFTC’s mission,” says CFTC chairman Gary Gensler. “The new Traders in Financial Futures reports will provide the public with a better view into the financial futures marketplace. This transparency effort builds upon prior improvements we made to the COT reports and will provide the
The Swiss alternative investment company Altin has launched a share buyback programme.
This programme is part of a wider set of discount reduction measures put in place by Altin’s board of directors, which is determined to maintain the share price within close range of net asset value.
The share buyback should enable Altin’s stock market price to come closer to the NAV.
The Altin share price has been trading at an average discount of 24.96 per cent to its NAV during the first semester of 2010. The board of directors believes this level of discount is unjustified at present in
Ex-SSGA fund manager, Wu Huimin, has developed a China-focused hedge fund with the help of former Citigroup head of China research, Xue Lan, and Indus Capital Global Advisors a
US-based research firm, FactSet, has published its June 2010 Alphastars perf
Hong Kong-based Gen2 Partners have appointed Xavier Fanjaud from Infiniti Ca
UK-based Man Group is putting China on its radar as it looks to solidify its APAC regional presence.
