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Hedge funds operating in the US are bracing themselves for increased scrutiny, following the comments made by US Securities and Exchange Commission (SEC) Chair, Gary Gensler, at the Institutional Limited Partners Association (ILPA) Summit earlier in November 2021. The regulator chair outlined plans to enhance reporting and disclosures, and keeping close watch on the way private funds charge investors and measure performance.
The Citco group of companies (Citco) has navigated the minefields of the last 18 months with confidence. Jay Peller, Head of Fund Services, Citco Fund Services (USA) Inc, comments: “We have always maintained a commitment to best-in-class solutions which prepared us to make quick transitions without sacrificing the superior service we provide.”
The global pandemic presented a difficult time for everyone but, as a technology company, Copper was able to continue delivering digital asset product to its clients and flourished alongside the digital asset industry in a tough environment. The firm increased its employee numbers nine-fold since the start of this year, reaching about 200 people globally.
The biggest trend Copper has noticed is the increased search for alpha in digital assets within the hedge fund industry. With bonds around the world yielding close to zero, and stock market valuations near all-time highs, hedge funds are looking for better risk/reward investments, and
Excel, email, and Evernote are still some of the most commonly used technologies across investment firms during the research process. Yet, Excel is 36 years old, email over 50 years old, and even Evernote is approaching nearly two decades in the business. While these tools have played a valuable role in the investment research process, it’s safe to say their innovation has long been maxed out.
So when the pandemic hit, it upended how Sentieo’s customers operated, and every firm was forced to consider technology in ways they simply hadn’t before. Swati Tyagi, Vice President, Product at Sentieo asks: “If
The global pandemic accelerated digital transformation across a wide range of industries during the past 18 months, resulting in a growing demand for analysis into the digital performance of companies, in order to get insight into who’s winning and who’s losing market share of the all-important audiences these companies covet.
Over the last 35 years, SS&C has been on the front line, changing industry trends, and focusing on delivering the technology and services to help funds grow.
For UMB Fund Services, the past 18 months have been a lesson in adaptability, flexibility and commitment. According to Jill Calton, EVP, Executive Director Alternative Investments for UMB Fund Services: “We quickly adapted to a new working style in March 2020, and over the course of a weekend, transitioned our entire workforce to remote work.”
Strong policies and procedures, a highly skilled and trained workforce, and paperless processes made this transition possible. “We already had remote work integrated into our disaster recovery plan so we were able to implement those changes without service impacts to clients and stakeholders,” she adds.
Waystone, the leading global provider of specialist services to the asset management industry, has been awarded Best Offshore Regulatory and Compliance Firm for the eighth year running.
Matthew Brown, Global Head of Business Development at Waystone, comments: “Over the past 18 months and with the challenges presented by the Covid-19 pandemic, Waystone has been providing its clients with a consistent level of high-quality service. The Our established infrastructure has allowed us to continue to develop our products and services to meet the needs of our clients, and we have been able to adapt quickly to any changes to ensure
Fund and corporate services provider, the Aztec Group, has formed an alliance with the global sustainability platform, Worldfavor, to launch new ESG and Sustainability Services for private market investment managers.
The alliance will offer Aztec Group clients the ability to better understand the impact of their business operations and investment decisions across environmental, social and governmental factors. Using specialist sustainability technology, investment managers will be able to report on the sustainability of their businesses and their underlying investments, meeting the requirements of a wide range of recognised sustainability frameworks and regulations.
“Sustainability transparency is fast becoming one of the key
The latest annual edition of the KPMG Private debt fund survey powered by the Association of the Luxembourg Fund Industry (ALFI), reveals that the sector saw AuM of private debt funds soar by 40.6 per cent compared to 2020.
The increase brings total assets under management to a record EUR181.7 billion, and builds on the 36.2 per cent growth in AuM for private debt funds seen in the last year’s survey.
Camille Thommes, Director General of ALFI, says: “As this year’s survey once again highlights, the rising star among the so-called alternative investments, private debt, has shown impressive growth
