More than half of financial services execs only update IT when they have to
Some 52 per cent of senior decision-makers in financial services organisations in the US and Europe update or replace in-house solutions because they become technologically outdated, according to a new report by Asset Control.
Lucena partners with Wall Street Horizon on new platform
Lucena Research, a specialist in predictive analytics for financial markets, and Wall Street Horizon, the leading provider of corporate earnings and events data to institutional investors, have launched a new combined offering designed to deliver actionable signals for investment.
Funds services firm SMP Group unveils MBO backed by Palatine
SMP Group, which provides a range of fund services globally, has announced a management buyout, as part of a planned leadership succession process, backed by Palatine Private Equity. The MBO is subject to regulatory approval.
CIMA appoints former Anguilla Financial exec as head of securities
The Cayman Islands Monetary Authority (CIMA) has appointed a new head of securities in its Supervision Division.
AIMA launches best practice guide to funds on outsourcing
The Alternative Investment Management Association (AIMA) has launched a new guide that sets out best practices for hedge funds when it comes to outsourcing. The guide will provide investment managers a global perspective when thinking about their own best practices.
Funds rally in January: Eurekahedge Hedge Fund Index
The Eurekahedge Hedge Fund Index rallied 2.22 percent in January, supported by the global equity market rally which resulted from the Fed's dovish stance and optimism over potential progress in the US-China trade talks.
Bridgewater was most successful hedge fund of 2018
Bridgewater Associates again topped the list of the best performing hedge funds in 2018, according to the latest annual ranking by LCH Investments, in what was a tough year generally for the industry.
Hedge funds must be more transparent and creative: Willis Towers Watson
Hedge funds remain a valid part of institutional investment portfolios, but they must also adjust their structures, be more transparent about fees and be more creative around the products they offer, according to a report by Willis Towers Watson.
Cayman can drive reinsurance sector by setting itself apart: CAIS 19
The Cayman Islands has the potential to grow its reinsurance sector and set itself apart in terms of its offering and regulatory regime, a panel of experts told delegates at the annual Cayman Alternative Investment Summit (CAIS), being held in Grand Cayman this week.
Investors will push diversity but those that embrace it will reap rewards: CAIS 19
Investors are increasingly paying close attention to the issue diversity and fund managers are having to respond by adopting new strategies and approaches in their own organisations – but those that get it right are also reaping the rewards, Alfred Fichera, global head of alternative investments at KPMG, told Cayman Funds Magazine.
