Asset Servicing Times’ Post

Apex Group creates new advisory board in the Middle East. The board members hold a range of roles within regulatory, governmental, and hedge fund services, which the company says will help drive Apex Group’s vision https://lnkd.in/ecQ63CqN #fundadmin #Custody

Apex Group creates new advisory board in the Middle East. The board members hold a range of roles within regulatory, governmental, and hedge fund services, which the company says will help drive Apex Group’s vision https://lnkd.in/eCQXRitN #fundadmin #Custody

Apex Group creates new advisory board in the Middle East. The board members hold a range of roles within regulatory, governmental, and hedge fund services, which the company says will help drive Apex Group’s vision https://lnkd.in/eA6Ki8tk #fundadmin #Custody

Our September 2024 Alternative Trust Fund Fact Sheet is now available! The Trust was higher in September due to positive returns in hedge funds and real estate. Sign up for free to view it here: https://lnkd.in/eD8WZU4W #wealthmanagement #hedgefunds #realestate #privateequity #investing

Our September 2024 Alternative Trust Fund Fact Sheet is now available! The Trust was higher in September due to positive returns in hedge funds and real estate. Sign up for free to view it here: https://lnkd.in/geVrife8 #wealthmanagement #hedgefunds #realestate #privateequity #investing

Hedge funds put on one of their strongest showings of 2024 in November, leaving them on track to match last year’s double-digit return overall.   Funds administered by the Citco group of companies (Citco) saw an overall weighted average return of 2.4% in November, bringing the overall year-to-date weighted average return to 13.3%.   Equity strategies were the top performing strategy overall, making it seven straight months of positive returns, while the largest funds also achieved the highest returns last month.   To learn more, read our full report here: https://bit.ly/3ZGv6k7   #HedgeFund #TheCitcoWay #AssetServicing

At the end of the 3rd quarter, our fund once again leads the ranking of the best other hedge funds. At 21.19% net - after deduction of management fee, performance fee and other costs - the result so far this year is once again in line with the long-term average of 24.99% (over 5 years) and 30.75% (over 10 years). Source: NilssonHedge, https://lnkd.in/eAhvtv9T More information about the fund on our website here: https://lnkd.in/ecMBz-d8 #stockmarket #mutualfunds #hedgefunds

As covered in Hedge Fund Alpha and Hedgeweek, funds administered by the Citco group of companies (Citco) saw positive returns across assets under administration (AUA) categories in November. The largest funds with more than $3B of AUA were the top performers, with a weighted average return of 2.6%, closely followed by funds with $1-3B of AUA at 2.5%. To learn more, read our full update here: https://bit.ly/3ZGv6k7 #HedgeFunds #TheCitcoWay #AssetServicing

WSJ 1-21, pg B9: “Hedge-Fund Fees Eat Up Half of Client’s Profit.” These are “sophisticated” clients who are supposed to know what they are doing…….but they are getting hosed. To wit, the average hedge fund made 10% last year after fees (IBID), while the S&P index went up 15%+. So who’s the Goat? The index fund! It goes up more when it goes up and it goes down less when it goes down. As the Fisher commercial says: “We only make money if our clients make money.” But Fisher doesn’t lose money when their clients do. In any case, in the short term the market is a crap shoot. In the long run index funds beat everything else. The only thing a sophisticated investor has to realize is that when you get over age 60 and have saved enough, the long run is now a short run through a gauntlet of risk. You gotta re-allocate into something safer and it isn't an annuity.

The December 2024 Alternative Asset Trust Fund Fact Sheet is now live on our website. Explore the power of diversification with investments in private equity, hedge funds, real estate, and more. Sign up for free to access the full Fact Sheet here: https://lnkd.in/eD8WZU4W #privateequity #hedgefunds #alternativeassets #realestate #markets #dealmaking