Solutions
Alternative Investments Forum (AIF) has appointed veteran institutional investor Melissa Waller as president of its newly formed AIF Institute.
The AIF Institute is the branch of AIF dedicated to educating institutional asset owners about the use of alternative investments such as private equity, private credit, hedge funds, real estate and real assets to achieve their portfolio objectives.
Waller (pictured) joins AIF following her service as deputy treasurer and chief of staff for the North Carolina Department of State Treasurer, where she oversaw strategic planning, operations, policy implementation and a staff of more than 400 employees. The North Carolina Retirement Systems,
Ultimus Fund Solutions has surpassed USD50 billion in client assets serviced.
During 2016, Ultimus helped 11 advisers launch 15 new mutual funds.
It also managed the conversion of 12 clients with 36 mutual funds and over 50 separately managed accounts and private funds from other service providers.
“Ultimus enjoyed an incredible year of growth,” says Bob Dorsey (pictured), CEO and managing director of Ultimus. “We began the year with the extraordinary transition of the former Huntington Asset Services (HASI) book of business onto our service platform, which included services to collective investment funds and other pooled vehicles. In
Bloomberg BNA has released a new tax management portfolio that focuses on tax considerations for structuring estate planning transactions with carried interests in hedge funds and private equity funds.
The portfolio, Wealth Planning with Hedge Fund and Private Equity Fund Interests and Related Section 2701 Issues, was written by attorneys Todd Angkatavanich, David A Stein and Andrew Haave of Withers Bergman.
The amount of capital under management by private equity and hedge fund managers continues to increase dramatically and, under the current US transfer tax regime, that wealth can be subject to significant taxation either at death or when otherwise
The Depository Trust & Clearing Corporation (DTCC) has selected IBM, in partnership with Axoni and R3, to provide a distributed ledger technology (DLT) framework to drive further improvements in derivatives post-trade lifecycle events.
The firms will work to re-platform DTCC’s Trade Information Warehouse (TIW), building a derivatives distributed ledger solution for post-trade processing based on existing TIW capabilities and interfaces with technology providers and market participants.
The TIW service currently automates the record keeping, lifecycle events, and payment management for more than USD11 trillion of cleared and bilateral credit derivatives.
The solution will enable DTCC and its
Alpha-I, which researches and develops quantitative investment strategies, has launched via the Lawson Conner platform.
Alpha-I is currently growing its technical team and validating its trading strategies.
The global hedge fund industry holds more than USD3 trillion in assets. Roughly one in five hedge funds actively employ algorithmic trading strategies. Of these, only few funds employ cutting edge machine learning algorithms and high-dimensional correlations.
Alpha-I is founded by Giacomo Mariotti (pictured) and Dr Sreekumar Thaithara Balan.
“Lawson Conner is thrilled to be working with Alpha-I,” says Andrew Frost, director, investment management solutions, Lawson Conner. “In a rapidly evolving
Ipreo, a provider of market intelligence and productivity solutions to financial services and corporate professionals, has implemented Investor Access, which allows investors to electronically submit orders directly to the sell-side syndicate banks on fixed-income new issues.
A five-year GBP-denominated covered bond transaction was executed for a Commonwealth Bank of Australia deal last Thursday, which marks the first time both sell-side and buy-side participants have conducted the deal process electronically – including order entry and allocation – on a live primary issue.
An industry-led initiative, Investor Access allows the investors to be alerted to new-issue announcements, receive structured information on
SEI has launched SEI Trade, a cloud-based solution that automates the process of handling, documenting and tracking investors’ private fund transactions.
SEI Trade is designed to help private fund managers upgrade the investor and financial adviser experience, while streamlining a notoriously inefficient and error-prone set of processes.
It offers digital document management, workflow automation, intelligent form completion, and real-time tracking and transparency of investor transactions. It streamlines and simplifies all steps in the fulfilment, transaction, and on-boarding processes.
SEI Trade is a component of the company’s global operating platform and as such, has the flexibility to handle all major
Societe Generale Prime Services reports that all SG CTA indices posted positive returns in December 2016 at the end of what it describes as a difficult quarter. However, the SG CTA Index closed the year slightly negative at -2.86 per cent and SG Trend Index was down -6.19 per cent, the first negative year’s performance since 2012.
Short term traders faired marginally better, in positive territory at the end of 2016 at +0.31 per cent. The SG CTA Mutual Fund Index completed its first year of live performance in 2016, down -5.45 per cent, in line with returns of the
Royal London Asset Management has selected the Confluence’s Unity NXT AIFMD Annex IV transparency reporting solution to support the company’s growing alternative investment fund business.
The Alternative Investment Fund Managers Directive (AIFMD) regulation covers hedge funds, private equity, real estate and other Alternative Investment Fund Managers (AIFMs) in the European Union. The directive requires all AIFMs to obtain authorisation, and make various disclosures as a condition of operation in the region.
Confluence's AIFMD Transparency Reporting technology-enabled service allows asset managers to gain control over this undertaking – from the collection of data, the calculation of answers, the approval of the
The pace of technological change is unrelenting. The Internet of Things and the rise of the gig economy are changing the way that businesses and consumers interact with each other. It is therefore incumbent upon the asset management industry to embrace technological change and reimagine what is a tried and tested business model. More than ever, fund managers are having to innovate to operate more efficiently, more transparently, and in closer harmony with their end investors.
As this report will show, there are five disruptive technological trends (as defined by five key companies) today that have, over recent years, prompted global
