Hedge funds lost 3.09 per cent in May, according to the Barclay Hedge Fund Index compiled by BarclayHedge. “Fear was in the driver’s seat in May as investor worries about a liquidity crisis in Europe and a ‘double-dip’ recession in
Itarle, a provider of high-performance best execution services to banks, is colocating within CME’s group data centre in Aurora, Illinois and hiring staff in New York. The moves will complete its global data centre presence and, the company says, deliver
Liquidnet, the institutional investment community that enables secure and anonymous block trading of equities, is expanding its trading operations to include New Zealand listed securities. Liquidnet will commence trading of New Zealand equities on 22 June 2010. It is believed
The Depository Trust & Clearing Corporation (DTCC) is proposing changes to its settlement processing for money market instruments (MMIs) to boost efficiencies, improve intraday settlement finality and further reduce credit and liquidity risk in the MMI market. In a white
Legg Mason and affiliate Permal are to acquire Fauchier Partners, a European-based manager of funds of hedge funds, from BNP Paribas Investment Partners. The deal, which will see Fauchier Partners combine with Permal, will create an institutionally focused platform with
Wells Fargo Global Fund Services has opened an office in Hong Kong, located in Wells Fargo’s existing local office in Central. The Global Fund Services’ platform uses a platform and technology that provides traditional fund administration services, operational support, derivatives
A survey of European ABS investors published by Bishopsfield Capital Partners reveals a positive consensus supporting increased issuance in the asset backed securitisation public market. The survey of 26 investment managers and investment advisers active within the European ABS market
How are hedge funds changing their research methods in the wake of MiFID II? Joe McGrath investigates… The introduction of the second Markets in Financial Instruments Directive (MiFID II) in January 2018 heralded fundamental changes in the market, specifically when
Standard & Poor’s has launched an extended family of sub-indices based on the S&P World Commodity Index. The S&P WCI family of indices now includes the single commodity indices and sector indices, as well as regional indices in Asia and
BNY Mellon has been appointed to provide tri-party collateral management services for CME Clearing Europe, the European multi asset class clearing house. Services will be provided through MarginEdge, BNY Mellon’s derivatives margin management service for listed, OTC and bi-lateral OTC
