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Hedge funds focused on emerging market economies remain in solid form, with India-focused managers powering ahead in the run-up to year-end.
India-focused funds are set be the “big performance winners” in 2021, eVestment said on Wednesday, despite losing more than 2 per cent in November.
Overall, emerging market strategies are up 5.27 per cent since the start of the year, with hedge funds trading India (whose returns stand at 40 per cent YTD) as well as Russia (up 11.52 per cent, despite a near-6 per cent November loss) driving performance.
On the flipside, Brazil-focused managers have tumbled almost 20
Glue42, the company that delivers integrated desktop experiences to financial institutions globally, and Aiera, a financial event access and speech technology platform that empowers investment teams and research analysts, are joining forces to put relevant event intelligence and insights at the fingertips of research analysts, fundamental investors and quants in real time.
Several major asset managers are currently considering the joint offering.
As a result of the partnership, Aiera customers will be able to speed up their research, investment and trading workflows. Glue42 clients will benefit from a new workflow-appliance that further simplifies their research, investment management and
BlueBay Asset Management (BlueBay), RBC Global Asset Management’s (RBC GAM) specialist fixed income manager, has added two new senior hires to its Structured Credit team, Brian O’Hara as a Portfolio Manager and Mark Shohet as a Senior Analyst.
O’Hara and Shohet are both US-based and will report into Sid Chhabra, Head of Structured Credit and CLO Management.
Prior to joining BlueBay, O’Hara was the CMBS Portfolio Manager at KLS Diversified Asset Management for 13 years where he was head of CRE/CMBS investments, and a member of the KLS investment committee.
Shohet was Vice President of CLO Tranche Investing at Oxford
The SBAI, a global alliance of alternative investment managers and allocators and custodian of the Alternative Investments Standards, has released the second in a series of reports on culture and diversity – Beyond the Metrics: Demonstrating and Assessing Diversity in Smaller Asset Managers.
Allocator due diligence increasingly focuses on aspects of culture and diversity within asset managers. Being able to compare this data across managers is critical but doing this based solely on metrics can put smaller managers at a disadvantage. This report provides solutions for how smaller managers can make their culture and diversity strategies effective and how allocators
Maitland Fund Services has replaced its existing transfer agency platform with T-Cube, offered by South African company, Zubat Nine, to support transfer agency services to its global client base.
T-Cube is a fast-growing system with not only transfer agency capability but also a retirement, product and employee benefits offering. Transfer agency is the function through which Maitland Fund Services handles shareholder purchases and sales of fund shares.
Maitland went live with T-Cube in early November with one of its asset manager clients. All other clients will be migrated onto the platform over the coming 12 months.
Increasingly frequent spikes in the VIX volatility index could offer hedge funds and other investment managers strong return opportunities amid the resulting equity market gyrations, new analysis published by Man Group suggests.
Infrastructure and connectivity provider, BSO, has gone live in the Italian city of Bergamo, in keeping with its plans to cover more of Europe with its low-latency network.
This expansion of BSO’s network will enable businesses to co-locate and directly access leading exchanges based in the region, which is just 40km away from financial capital Milan.
In a move that marks the impact of Brexit on the industry, the biggest stock market operators and exchanges in the EU have confirmed imminent plans to transfer their trading platforms out of the UK and into other areas throughout Europe, such as Bergamo.
Global fund administration firm Maitland has appointed JP Khaitan as Head of Technology Services – Fund Services.
Khaitan arrives with two decades’ experience working with multinationals across the wealth management, life insurance, fund, and banking sectors. He reports to Managing Director of Maitland Global Fund Services, Jon Hugill.
Khaitan will work with Maitland’s management team to define Fund Services’ information technology and information system strategy, overseeing its deployment and maintenance. He will also look to ensure Maitland realises maximum value from its technology investments, both to grow the business and further enhance client service.
RWC Partners, an investment group specialising in long-term developed and emerging market equities strategies, convertible bonds and income solutions, has appointed Sunita Patel, former Marketing Director for M&G Investments, as Head of Marketing.
Patel joins at a time of significant growth for RWC Partners, including expanding its OEIC range beyond the existing TM RWC UK Equity Income Fund and TM RWC Global Equity Income Fund, with the recent launch of an emerging market OEIC managed by John Malloy.
In her new role with RWC Partners, Patel will lead the marketing function working closely with the senior leadership team. This
MFA supportive of DOL’s efforts to remove barriers to plan fiduciaries’ ability to consider ESG factors
MFA supportive of DOL’s efforts to remove barriers to plan fiduciaries’ ability to consider ESG factors