28 Apr 2020
Event-driven hedge funds set to outperform in April, says Lyxor
The market rebound since 23 March has fuelled strategies with a higher market beta such as Special Situations (+3.8 per cent) and…
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Outsourcing partners can be key to keeping hedge fund businesses running during Covid-19
Please find below comments from Truss Edge and 2912 Advisors on the outsourcing challenges and solutions facing hedge funds during the…
Morrison & Foerster grows global private funds group with new partner in New York
Law firm Morrison & Foerster has hired Leonora M Shalet as a partner at the firm’s New York office, in its global Private Funds…
SS&C expands data solutions with new custodial data service
SS&C Technologies Holdings has launched Advent TransPort, a solution for customising custodial data for the company’s hedge fund and…
Investment Funds partners join Sidley Austin in New York
Legal firm Sidley Austin has hired Nathan Greene and Jay Baris as partners in its Investment Funds group in New York. Greene and Baris…
27 Apr 2020
Apex Group partners with Triple Point to deliver enhanced Transfer Agency Platform
Apex Group, a global financial services provider, and Triple Point Liquidity (Triple Point), a New York City based financial technology…
Covid-19 oil shock “dominating” trading decisions, says Merchant Commodity Fund’s Doug King
Doug King, CEO and CIO of RCMA Capital’s long-running Merchant Commodity Fund, has described Covid-19 as an “out-and-out demand shock” to…
Scorable launches second credit risk analysis product
Scorable has launched a second product to enhance the scope and accuracy of its credit risk analysis, helping fixed-income managers make…
Bitfinex launches Bitfinex Pulse platform
Digital asset trading platform Bitfinex has launched Bitfinex Pulse, a platform to enable users to exchange ideas, interact with each other…
24 Apr 2020
AI platform Exabel selected for third cohort of Investment Association’s fintech innovation programme
Exabel, an AI platform for fundamental asset managers, has won one of five places for fintechs on Engine, the Investment Association’s…
Blackstone’s hedge fund investments tumble 8 per cent during “unprecedented” Q1 sell-off
Blackstone saw its hedge fund performance fall more than 8 per cent during a torrid first quarter – but the world’s largest alternative…
North Capital authorised to trade digital asset securities through PPEX alternative trading system
North Capital, a provider of technology and brokerage services for exempt securities offerings, is now authorised for secondary trading of…
National Bank of Greece becomes general clearing member of European Commodity Clearing
The National Bank of Greece (NBG) has joined European Commodity Clearing (ECC) as a new general clearing member. NBG obtained a general…
ORIX USA agrees MBO at Mariner Investment Group
ORIX Corporation USA (ORIX USA) is to sell Mariner Investment Group (Mariner) to Curtis Arledge, Mariner Chairman and CEO, William…
FuturesFX and founder to pay over USD1.7m to settle CFTC action over fraudulent forex and commodities trading scheme
FuturesFx and its Simon Jousef are to pay more than USD1.7 million in to Settle a CFTC Enforcement Action over a fraudulent forex and…