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The SS&C GlobeOp Forward Redemption Indicator for October 2021 measured 1.56 per cent, up from 2.45 per cent in September.
“SS&C GlobeOp’s Forward Redemption Indicator reached an all-time record low of 1.56 per cent for October 2021, making it the lowest level of monthly redemptions in the history of the Forward Redemption Indicator, going back to its inception in 2008,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “On a year-over-year basis, the 1.56 per cent compares very favourably to the 2.84 per cent reported for October 2020 and marks the sixteenth consecutive month of year-over-year improvements.
“With
Total hedge fund industry assets have swelled to almost USD4 trillion globally, a rise of nearly USD370 billion since the start of this year, according to new capital flows data.
Neuberger Berman, a private, independent, employee-owned investment manager, has adde Michelle Dunne as a managing director in its consultant coverage leadership team.
Dunne will partner with Jamie Wong to lead the consultant efforts across EMEA, working closely with their counterpart in North America, Lesley Nurse.
Dunne has 25 years of experience and joins from BlackRock where she was head of global consultant relations (EMEA) responsible for the development and execution of alternatives strategies for global, local and specialist consultants across the region. She has held various roles at BlackRock focused on alternative investment sales for institutional investors. Michelle also
Chainalysis, the blockchain data platform, is expanding its long-standing partnership with NYDIG, a technology and financial services firm, to execute a purchase of bitcoin for the firm’s balance sheet.
NYDIG played a critical role in enabling Chainalysis to buy and custody bitcoin, a move that demonstrates Chainalysis’ long-term investment strategy in the cryptocurrency space. Chainalysis has been NYDIG’s compliance technology partner since 2018.
“Our expanding partnership with Chainalysis is a mutually beneficial relationship,” says Patrick Sells, NYDIG Chief Innovation Officer. “Chainalysis has long been building trust in the cryptocurrency ecosystem, and this investment shows their belief that digital assets
Caroline Heal has joined Maples and Calder, the Maples Group’s law firm, as a Funds & Investment Management Partner in its Cayman Islands office.
Heal brings extensive experience in the structuring, formation and operation of offshore hedge funds, private equity funds and investment fund platforms. She advises a wide range of asset managers and financial institutions and has been recognised for her expertise by The Legal 500.
Heal will be an integral member of the firm’s top-tier Cayman Islands Funds & Investment Management team where she will also collaborate closely with lawyers and professionals across the firm’s global practices in
Cboe Global Markets, Inc (CBOE), a provider of global market infrastructure and tradable products, has entered into a definitive agreement to acquire Eris Digital Holdings, LLC (ErisX).
ErisX operates a US based digital asset spot market, a regulated futures exchange and a regulated clearing house. Ownership of ErisX presents a unique opportunity for Cboe to enter the digital asset spot and derivatives marketplaces through a digital-first platform developed with industry partners to focus on robust regulatory compliance, data and transparency.
Founded in 2018, ErisX was designed and built with regulatory compliance and operational integrity at the fore. Its spot
Professional services firm JTC has acquired perfORM Due Diligence Services (perfORM), a provider of due diligence services to a diverse base of UK and international asset allocators and investment managers.
Launched in 2019, perfORM was set up as an Operational Due Diligence (ODD) business to provide solutions to asset allocators (including pension funds; wealth managers; family offices; fund of funds; asset managers; and endowments) across private credit, private equity, real estate, infrastructure, hedge, crypto and digital assets, and long only funds.
This acquisition forms part of JTC’s ongoing strategy of continuously developing its well-established fund solutions capability to add
Hedge fund managers looking to attract allocations from institutional allocators will need to take several proactive steps – including increasing their levels of disclosures and education – if they are going to build trust among prospective investors.
US investment consultant, Meketa Investment Group, is looking for hedge fund risk mitigation and diversification strategies, as it looks to de-risk client exposure to directional equities.
Alternative data specialist QuantCube Technology, has launched the QuantCube Crude Oil Risk Sentiment Indicator. By processing sentiment data in relation to crude oil in Arabic as well as English, QuantCube has created the most comprehensive real-time indicator available for the commodity.
By employing social media analytics in both Arabic and English, alongside QuantCube’s proprietary Natural Language Processing algorithms and a specific dictionary tailored for the crude oil market, the QuantCube Crude Oil Risk Sentiment Indicator is able to accurately capture short-term risks in the market. It processes multiple factors impacting crude oil prices in real time, including OPEC meetings,
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