Wed, May 25, 2016
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

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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  3. Mitch Petrick leaves Carlyle as his hedge fund unit suffers losses while assets expand[more]

    Komfie Manalo, Opalesque Asia: Mitch Petrick will be leaving Carlyle Group as head of its hedge funds unit overseeing about $34bn as of March 31, after several funds under his management suffered losses while assets expanded, various media reported. Petrick joined Carlyle in 2010 and was a former

  4. Institutions - Kentucky pension leans into hedge funds amid governance turmoil, Korea's NPS names finalists for initial $1 billion hedge fund-of-funds allocation[more]

    Kentucky pension leans into hedge funds amid governance turmoil From AI-CIO.com: The Kentucky Retirement Systems moved to increase its hedge fund allocation as controversy reigned over fund leadership. Following a string of high-profile hedge fund exits, the Kentucky Retirement Systems (

  5. Fund Profile - The hedge fund that couldn't stay open long enough for a big payday[more]

    From Bloomberg.com: Toby Dodson waited six months for his bet against a fragile Portuguese bank to pay off. But before the reckoning, word came down from his hedge fund bosses at Achievement Asset Management in Chicago: get ready to clear out your desk and unwind your trades, we’re shutting down. Th