Hedgewire 11/12/19 Newsletter

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NEWSLETTER | 11 Dec 2019

Wed | 11 Dec 2019, 08:46

By Don A Steinbrugge (pictured), Agecroft Partners – The CFA Institute has released and circulated the final version of its guidelines to improve performance standards in the hedge fund industry. They will go into effect on 1 January, 2020. We strongly support the effort to create and implement performance standards in the industry and believe that the CFA Institute is the right organisation to lead this charge.

Tue | 10 Dec 2019, 16:31

The Eurekahedge Hedge Fund Index gained 0.84 per cent in November, supported by the strong performance of the global equity market as represented by the 2.76 per cent gain recorded by the MSCI ACWI (Local).

Tue | 10 Dec 2019, 16:04

More and more professional investment allocators are directly asking about sexual harassment during the fund manager due diligence process, while a rising number of allocators – nearly 1-in-10 – upon identifying sexual harassment issues would still invest with a given manager.

GCM Grosvenor closes second multi-asset class fund

Tue | 10 Dec 2019, 16:28

GCM Grosvenor, a global alternative asset manager, has completed the final close for Multi-Asset Class Fund II at the high end of its targeted capital raise with USD983 million in committed capital.

Wed | 11 Dec 2019, 09:48

Exchange Data International’s (EDI) Worldwide Corporate Actions (WCA) data and Security Reference Data (SRF) services are now available for purchase in AWS Data Exchange.

Vanguard Capital appoints new CTO

Wed | 11 Dec 2019, 10:43

High growth algorithmic trading company, Vanguard Capital AG, has appointed Ritabrata Bhattacharyya (Rito) to its Senior Management team.

Wed | 11 Dec 2019, 10:00

Guernsey Finance CEO, Dominic Wheatley (pictured), is to stand down from his role after five years. Wheatley will leave the promotional agency on the 30 June 2020, having been in the role since December 2014.

Wed | 11 Dec 2019, 09:55

Crypto Asset Rating (CAR), the Independent Structured Rating Agency, has expanded its global team with the appointment of Jacob Prudhomme as Chief Legal Officer.

iM Global Partner appoints head of sales for US Offshore and Latin America Markets

Wed | 11 Dec 2019, 09:54

iM Global Partner, an investment and development platform focused on acquiring strategic investments in traditional and alternative investment firms in the US, Europe and Asia, has appointed Peter Stockall to lead sales in the US Offshore and Latin America region.

Tue | 10 Dec 2019, 16:11

Arabian Bourse (ABX), which has received In-principal Approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) top operate as a crypto asset exchange and custodian, has received a double digit multi-million dollar investment from HBK-GoChain.