Hedge Funds' Tight Ship Proves Blessing and Curse

Data Management

When the proverbial 'two guys in a garage', as it is known at MBA programs in the US, with a spare $100 million in assets under management, set up a new boutique hedge fund, the last thing on their minds is reference data.

However, that doesn't mean service providers in the reference data arena aren't setting their sights on sexy new hedge fund clients. The immense rise in alternative investments, starting in the US and now moving into Europe, has seen a rash of new product offerings aimed at

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TMX’s indexing pivot bears first fruit

The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.

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