Thu, Apr 24, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Scout Global selects HFO for middle, back office and risk services

Tuesday, August 20, 2013

Beverly Chandler, Opalesque London:

Hong Kong based HFO has been selected to provide middle, back office and risk services to international multi-manager investor, Scout Global Funds. Scout Global Funds invests in a broad range of emerging, systematic and discretionary trading managers via managed accounts. The managers in which they invest on the Scout Global Funds platform cover a broad range of asset classes including listed futures, foreign exchange, international equities and options. They are located across numerous time zones and countries, and require a 24 hour service operation.

"Scout Global Funds has been investing in emerging managers via managed accounts since 2006. Our managers are up-and-coming systematic trading talent across multiple assets classes, trading frequencies and geographical location. This meant that we had to carefully select an outsourcing option capable of managing a diverse non-standard portfolio," said Oliver Alliker, Director of Scout Global Funds.

"With over twenty managers currently and several upcoming allocations, we required a group that could accommodate this kind of volume without compromising accuracy. Scout is a big believer in the use of technology to improve efficiency so we are pleased to have partnered with HFO."

HFO founder and CEO Ben Parker describes Scout Global Funds as a very sophisticated managed account investor. "Their decision to outsource middle and back office services is based on a desire to increase......................

To view our full article Click here

Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. …And Finally – Flight attendant has passengers rolling in aisle[more]

    From Orange.co.uk: A video of a US flight attendant turning her safety talk into a comedy routine is proving a huge hit online. More than five million people have watched the clip of Marty Cobb which has her passengers rolling with laughter on a Southwest Airlines flight to Salt Lake City.

  2. Niche Investing – Wealthy investors flock to fine art funds[more]

    From Clickorlando.com: Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling high-end pieces for profit. Growth

  3. Opalesque Exclusive: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  4. University of Michigan allocates $242m to six managers[more]

    From PIonline.com: University of Michigan, Ann Arbor, invested or committed a total of $242 million to one traditional equity manager and five alternative investment funds from its $9 billion endowment. University regents approved the hire of Mittleman Investment Management to run $35 million in act

  5. Performance – Odey flagship hedge fund suffers brutal March as shorts rise, Blackstone first-quarter profit rises 30% on higher fees[more]

    Odey flagship hedge fund suffers brutal March as shorts rise From Valuewalk.com: The tide has turned for the worse for one of Europe’s best performing hedge funds. Crispin Odey’s flagship hedge fund, Odey European has suffered a 4.63% decline for the year after slipping 7.2% in March, ac