Although lauded for their ability to outperform broader market indices, hedge funds’ “Best Ideas” do not excel relative to the rest of their portfolios, according to a study produced by Epsilon Asset Management, a quantitative investment firm, in collaboration with New York University.
Northern Trust has entered into a strategic alliance with BlackRock to deliver enhanced operations, data, and servicing capabilities to mutual clients.
The European Power Exchange EPEX SPOT and its clearing house European Commodity Clearing (ECC) have launched their Intraday continuous trading and clearing services in Denmark, Finland, Norway and Sweden. The first dat of trading was 25 May.
IronFX has set its sights on streamlined withdrawals for forex traders at its new research and development centre, which is set to open in Mumbai.
BrokerTec, a provider of electronic trading platforms and technology services in fixed income markets, and TriOptima, an OTC derivatives market infrastructure specialist, have teamed up to deliver an end-to-end repo workflow solution, providing full automation across the lifecycle of a repo trade.
The Chartered Alternative Investment Analyst (CAIA) Association, the professional body for the global alternative investment industry, has appointed Graeme Griffiths, Chief Operating Officer with the Principles for Responsible Investment (PRI), to its Board of Directors.
The DE Shaw group, a global investment and technology development firm, has concluded fundraising for its initial onshore investment fund in China.
Genesis, a specialist in digital currency trading and lending, has launched a new derivatives trading desk.
RBC has executed its first FX trades with clients via AMOS, a cutting-edge product in the market, aimed at hedge funds and real money clients who have an active FX mandate.
Investors have continued to withdraw capital from hedge funds following disappointing returns – but newly-launched products aimed at tapping into this year’s market dislocations could be boosting renewed allocator interest, new research by eVestment shows.