Hedge funds
FX Connect top professional electronic trading venue
FX Connect has claimed top spot in the best professional electronic trading venue category, after trailing behind FXall in second place in the multibank foreign exchange portal category last year.
Adapt or fail
Since October last year, extreme movements in South Africa's foreign exchange rate have caused offshore hedge funds to exit the market, while dealers have been reluctant to take on risk. Those that remain active have had to adapt their behaviour. By Mark…
Moscow bourse launches interest rate futures
MOSCOW – Moscow Interbank Currency Exchange (Micex) launched trading in short-term rouble interest rate futures last week.
Positive returns for most in April
More managers see positive returns, with systematic styles winning out, while discretionary managers post poorest results
Systematic and technical managers gain in March
The best- and worst-performing managers in March were systematic, while technical managers occupied the lower and middle ground
Funds and fundamentals fluctuate in February
February saw fundamental managers occupy the middle ground while technical and systematic funds posted the best and worst returns
Systematic approach delivers in January
The second monthly round-up of hedge fund performance sees managers with a systematic approach top the table, while those with a technical approach and longer-term investment horizons suffered
Western Union joins forces with Travelex
LONDON – Western Union, the worldwide money transfer service, and Travelex, the world's largest non-bank foreign exchange payment firm, have signed an exclusive agreement whereby the latter offers Western Union's transfer service.