Latest News
New York-based PortfolioScience and Eze Software have joined forces to offer the marketplace a unique solution for fund managers: pre-trade compliance rules based on market risk.
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.
Eze Investment Suite, Eze Software’s straight-through processing solution for the entire investment lifecycle, culls inefficiencies and replaces innumerable manual operations tasks by streamlining portfolio analytics, modelling, trading compliance and risk, from idea generation to settlement. The Portfolio Science application adds
In a post-regulatory world, one of the ways for hedge fund managers to gain an edge on their peers is thinking about how to make risk more strategic. To tell a more coherent story, in terms of how they manage risk to improve their reputation and their asset raising capabilities, as well as helping with the overall performance of their fund(s).
This needn’t be confined purely to investment risk. As will be revealed, it could also include technology risk and liquidity risk, to name but two.
Providing tools for managers to move risk management into the front-office to gain clearer
With investment managers typically running multiple strategies, both onshore and offshore, across a range of asset classes, paying heed to regulatory rules has been a relatively straightforward affair.
Global regulations over the last decade have required financial institutions to become more prescriptive in terms of improving their trade compliance frameworks and enhancing pre-trade analytics. As such, most of the liquidity-related concerns in respect of Comprehensive Capital Analysis Review (CCAR) prescribed by the Federal Reserve Board, Solvency II, MiFID II, and liquidity coverage ratios under Basel III are essentially just rules from the regulator to adhere to.
Conversely, regulations such as
Increased regulatory requirements have pushed alternative fund managers to think more about risk, which has become multi-faceted: it is no longer about evaluating market risk ex post, but monitoring counterparty risk, liquidity risk, cyber risk, compliance risk and technology risk.
As the regulations become more stringent, so managers’ awareness of what they need to do to adhere to them has risen.
George Ralph (pictured), Managing Director of RFA, says that to deal with increased regulation, and the rising threat of cyber attacks, managers are increasingly turning to IT outsourcing.
“However, this does not mean that managers can transfer risk to
Gauging risk sentiment among hedge fund investors is more art than science but there are some indirect signals that one can use to examine this. If one looks at total inflows into hedge fund strategies in 2016, a clear picture emerges: CTAs attracted USD26 billion in net inflows, in stark contrast to all other strategies, which suffered USD110 billion of aggregate net outflows. The biggest losers in all of this were equity strategies, shedding USD50 billion of net assets; this despite generating 6.85 per cent returns.
What this would suggest is that large institutions, by favouring CTAs, view hedge fund
AnaCap Financial Partners (AnaCap), the specialist European financial services private equity firm has competed an offering by AnaCap Financial Europe SA SICAV-RAIF (AFE) of EUR325 million of senior secured floating rate notes due 2024.
The offering took place through the new Luxembourg Reserved Alternative Investment Fund, AFE, building on AnaCap’s long track record investing in portfolios of performing and non-performing debt across Europe.
Justin Sulger (pictured), Head of Credit Investments at AnaCap Financial Partners LLP says: “AnaCap has been able to complete this transaction thanks to its long-standing track record in the European debt purchase sector. Another valuable component
Octopus has appointed Helen Cowing as Chief Financial Officer (CFO) for the Group.
The appointment comes as the Group embarks on its ambitious next phase of growth. This includes plans to almost triple institutional assets under management over the next five years, and reach two million energy customers over the next decade.
Cowing has extensive experience leading and developing the finance function for a number of leading companies, most recently as Group CFO for ISG plc. Prior to that she was CFO for American Golf, Fat Face and the Selecta Group.
Cowing has worked across a range of
Promise Gluten Free, an innovative bakery which entered the gluten free market in 2012, has sold a majority stake to Mayfair Equity Partners (Mayfair).
Promise, based in Donegal, Ireland and founded in 2011, is a group of companies comprising Aran Ard Teoranta (trading as Gallagher’s Bakery) and Cuisine Royale Manufacturing Ltd. Promise has experienced rapid growth domestically in Ireland and internationally in markets including the UK, US and Australia under its retail brands: ‘Promise Gluten Free’ and ‘PureBred Gluten Free’. Promise mixes the best natural ingredients using a unique process to deliver baked goods with unparalleled nutritional value and award-winning
OMERS Private Equity has agreed to sell Civica to funds managed and/or advised by Partners Group, the global private markets investment manager, for a total consideration of GBP1,055 million, generating a 2.6x money multiple for OMERS.
Civica is a leading provider of business-critical software, digital solutions and technology-based outsourcing services to both public sector organisations and to commercial organisations in highly regulated sectors, in the UK and around the world. It has extensive capabilities and presence across local and central government, social housing, healthcare, education and public safety. The Company employs approximately 3,700 employees, around 75 per cent of
Ridge Road Capital Partners has completed the merger of legal software companies TrialWorks and Needles. Between them, the companies have a combined 55 years of operating history and over 2,500 law firm clients.
The combination of TrialWorks and Needles creates the leader in case management software for plaintiff-focused law firms, with a network of nearly 40,000 active users. The company will leverage the resources of both companies, as well as Ridge Road’s development partnerships, to accelerate product innovation and maintain best-in-class customer service and training. Ridge Road is committed to continuity for customers of both Needles and TrialWorks and to
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
