The New York Foreign Exchange Committee (FXC) – an industry
group sponsored by the Federal Reserve Bank of New York – has issued an update
to its best practice guidelines for non-dealer firms trading FX.
Among the 22 recommendations, the FXC advises that ...
In December, CTA strategies posted negative returns across the
board to end a volatile year in new data, according to Sociate Generale Prime
Services (SGPS), the newly rebranded name of the Newedge Indices.
The headline SG CTA index was down ...
Currency managers shook off two successive
down months with a positive performance in November, according to the Parker FX
Index, however 2015 continued to be a struggle for returns.
The index, which monitors 31 funds under 27
managers, was 0.87% up in November on ...
In a survey, released last week by State Street, 43% of the
survey respondents said that they were concerned about declining liquidity in the FX market, while 70% said that they were
concerned about declining liquidity in fixed income.
This should come
transactions cost the European fund industry and their underlying clients EUR
1.5 billion per year, according to a new study conducted by a London-based
think tank, New City Initiative.
The report, authored
by Henry Wilkes, an independent consultant and ...
Sabrina Wong recently joined Willis Group Holdings, a global
risk advisor, insurance and reinsurance broker, as head of treasury UK.
Prior to joining Willis, Wong worked at Intel Corporation
UK as treasury
manager for the EMEA FX team for over ...
Merk Investments has released a new whitepaper that makes
the case for why asset managers should consider including actively traded
currencies in their multi-asset portfolios.
In an investment environment in which portfolio managers are
simultaneously faced with increased risk management ...
After a dip in October, CTA strategies posted positive
returns across the board in all of Newedge’s CTA indices in November 2015.
The Newedge CTA index was up 2.71% last
month, bringing year-to-date performance back into positive territory of 1.44%.
The Short ...
BlueCrest Capital Management plans
to transition into a private investment partnership, returning to its clients
billion that it currently
manages on their behalf.
Following the transition, which
is expected to take several months, BlueCrest will manage assets solely on
The Parker FX Index fell -0.60% for the
month of October. On a risk-adjusted basis, the Index was down -0.27% from
Twenty-eight of the thirty-one programs
in the Index reported October results, of which nineteen showed losses and nine