The 'Reflections on 2015 - Key developments shaping the global hedge fund industry' special report comprises 20 separate articles listed below, these can be read individually or as a sequence.

Story

Reflections on 2015 – Key developments shaping the global hedge fund industry

Reflections on 2015 – Key developments shaping the global hedge fund industry

Welcome to the inaugural edition of the Hedgeweek end of year editorial report: Reflections on 2015. We are excited to bring to you, our readers, what we hope will be the first of many such annual reports. In this first edition you will find a wide selection of some of the most important articles that Hedgeweek has put together throughout the year, which best serve to illustrate key developments shaping the global hedge fund industry; all neatly packaged and presented. Xmas has indeed come early!

Story

Alternative beta strategies can enhance HF allocations

Alternative beta strategies can enhance HF allocations

Over the last few years the FTSE 100 has gained 26 per cent, while the S&P 500 Index has gained approximately 65 per cent. The impact of quantitative easing has led to unparalleled growth in equity markets, to such an extent that hedge funds have largely lagged behind. This "raw" underperformance, in risk-adjusted terms, has led investors to question why they are invested in hedge funds. 

Story

Next stage of evolution in the ’40 Act marketplace

Next stage of evolution in the ’40 Act marketplace

Servicing approximately 113 liquid alternative funds that operate under the '40 Act banner, U.S. Bancorp Fund Services (`UBSFS') is ideally positioned to understand the complexities of administration and compliance involved in with these vehicles. USBFS opened its doors in 1969 and since that time, the firm has been servicing these funds for over 20 years; although, back in the 1990s the term "liquid alternative" didn't exist. 

Story

Independent directors and the split board saga

Independent directors and the split board saga

By Geoff Ruddick (pictured), IMS Fund Services – There has been an extraordinary focus on and trend towards `split boards' in the last few years. For most people the accepted definition of a `split board' is having independent directors from different fiduciary firms. It is considered by some to be the best way to construct a board. In reality this is an overly simplistic definition and assessment of how to recruit and construct an effective and diverse board. 

Story

A fully hosted and customisable risk solution

A fully hosted and customisable risk solution

The RiskAPI service, developed by PortfolioScience, is a fully hosted and customisable risk solution that integrates seamlessly with existing applications and programming frameworks to generate risk calculations for multi-asset, multi-currency portfolios and individual positions. It is available as both an Enterprise software API and an Excel Add-In.

Story

Becoming the EU’s leading securitisation centre

Becoming the EU’s leading securitisation centre

Despite Malta introducing a legal framework for securitisation in 2006, the financial crash meant that it was rarely used until around 2012. But there are signs that securitisation is gaining some momentum locally. This is being helped by a dedicated regulated market for wholesale securities, the European Wholesale Securities Market (`EWSM'); a joint venture between the Irish Stock Exchange and Malta Stock Exchange established in 2012 that allows the listing of wholesale-denominated debt securities to trade on an EU-regulated market. 

Story

Funds of hedge funds bring bargaining power

Funds of hedge funds bring bargaining power

By Ilario Scasascia (pictured), Harcourt – A well-diversified portfolio should include investments that offer alternative sources of returns, which can be found outside the world of conventional, long-only, bond and equity strategies. Sophisticated investors know this and understand, that when it comes to investing in non-traditional assets, hedge funds represent an important building block.

Story

Straight Through Marketing – GFM’s model delivers qualitative results not meaningless quantity

Straight Through Marketing – GFM’s model delivers qualitative results not meaningless quantity

Publishing has undergone a significant metamorphosis since the turn of the century. As the power of the internet has grown year-after-year, with Google's search engine shaping the way we navigate it, publishing companies have needed to evolve their business models accordingly. 

Story

Distribution and the benefit of having a strong network

Distribution and the benefit of having a strong network

This summer, to further enhance the strength of its global network, BNP Paribas Securities Services) (BNP Paribas) chose to integrate EY's Global Fund Distribution (GFD) product into its wider Fund Distribution Services (FDS) offering. This gives clients access to a comprehensive range of information to help them determine which product to distribute, which jurisdiction(s) to choose, which investors to target and the most appropriate distribution channels. 

Story

Improving regulatory reporting efficiency

Improving regulatory reporting efficiency

The Portfolio Amalfi™ platform by Nedelma Inc. offers multi-asset, multi-language and multi-currency dynamic reporting and data visualisation and analysis capabilities to the asset management industry. The platform also offers data aggregation tools as well as portfolio management solutions and a calculation engine.