Advent Software’s Board of Directors has appointed Advent’s President Peter Hess (pictured) to the position of Chief Executive Officer (CEO) and President, effective 30 June, 2012. He will succeed Stephanie DiMarco, Advent’s founder and CEO, who is stepping down as
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for September 2012 measured 1.11 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 0.67 per cent in October. "Inflows have remained steady,
A special committee composed of representatives from the futures industry’s self-regulatory organisations (SRO) has proposed additional requirements to SRO rules and regulatory practices designed to strengthen safeguards for customer segregated and secured funds held at the firm. The special committee,
The trustee of the GBP145m Midcounties Co-operative Pension Scheme has chosen Towers Watson to manage its investment portfolio on a fiduciary management basis, following a competitive tender. Towers Watson’s delegated investment service provides an integrated approach to managing assets
This quarter investors appear very reluctant to make strong bets and are planning to reduce their exposures to directional strategies with most equity long-short strategies seeing a significant drop off in demand for this quarter, according to ML Capital Management’s
By Simon Gray – A perfect storm of factors over the past four years has upended many of the traditional assumptions of asset managers, particularly those active in the alternative investment field, about how their business should be organised. The
eFront, an alternative investment software solutions provider backed by private equity firm Francisco Partners, has acquired DMLT, a provider of investor reporting and portal services for the alternative asset community. “I am pleased to bring together two world-class organisations to
The latest quarterly research on the Ucits hedge funds industry published by Alix Capital reveals a 7.5 per cent increase in the total assets managed by Ucits hedge funds to EUR129bn, an increase of 18.3 per cent over the last
Most people have quite a clear attitude towards losing money from their investments – that they don’t like it – and for good reason. However, investors are urged not to attempt to avoid short-term losses by trying to time the
Assets under management of Asia Pacific exchange-traded products decreased by USD2.9bn and ended at USD111.3bn last week, according to Deutsche Bank. Assets under management of Asia Pacific exchange-traded products decreased by USD2.9bn and ended at USD111.3bn last week, according to
