Hedge Funds Review/News
Traders wary of censure for being a ‘few bips out’
Mifid II best execution requirements intrusive and painful, say asset managers at Buy-Side Risk Europe 2017
Quant jobs at risk from tech advances
But humans and 'intelligent' computers a strong combination, hedge fund managers say
Buy-side risk managers doubt own liquidity metrics
Risk Hedge Europe attendees say they lack formal measures of liquidity
Man AHL investors profit from artificial intelligence
Hedge fund puts clients’ money in machine learning and seed capital in deep learning
Buy side backs call for US Treasury new-for-old scheme
A programme of bond exchanges could revive liquidity in off-the-runs
Bank stress, Brexit drive DoubleLine out of European credit
Fund manager warns ECB’s corporate bond buy-backs may produce “adverse outcome”
Intraday data does not improve daily VAR, research suggests
Bids to use bigger datasets give no better loss forecasts, says hedge fund
Flexibility of new stay protocol seen as draw for buy side
Dealer-by-dealer approach calms worries over fiduciary duty, lawyers say
Banks pitch auto-resetting CSAs to cut leverage ratio and XVAs
Regular settlement of margin would reduce swaps' residual maturity
Investors overlooking smart beta tracking errors, say experts
Few funds have tracking-error constraints, says risk institute
Banks pushing Eurex to allow hedge funds into cleared repo
Prime brokers proposing to guarantee the performance of clients’ trades
Buy side turning to stress tests to manage liquidity
Asset managers look beyond quantitative metrics for hard-to-model risk
Smaller firms get boost on timing for non-cleared margin
Counterparties will be able to offset extra collateral calls, says source close to EBA
Liquidity adds to institutional zest for hedge fund clones
Demand is high for alternative ETFs, despite underwhelming performance
Fund industry defends use of credit lines as liquidity backstop
Concerns about systemic risk unjustified, say asset managers
Buy-siders hope for late reprieve on margining for non-cleared swaps
National supervisors coming round to industry view on same-day settlement, say sources
Flexibility a sticking point in buy-side resolution stay protocol
Firms want a choice of the counterparties covered, regulators are opposed
Volcker rule didn't dry corporate bond liquidity, research says
When banks closed prop desks, market liquidity improved, academics claim
Swing pricing requires changes to '40 Act regime – asset managers
US mutual fund processes need upgrading for SEC proposals to be viable, say asset managers
Esma's Maijoor welcomes calls for broader buy-side stress tests
Panellists at Bank of England forum urge asset managers to take more open approach
Repo stay extension raises questions for buy side
Resolution stays extended to repo and securities lending contracts