Cloud Computing Proving to be Major Resource for Hedge Funds As we near the end of Q1 2013, hedge fund managers continue to generate higher returns. Following several years of sub-par performances from global hedge funds, investment managers have turned to cloud computing and infrastructure-as-a-service providers to not only cut costs, but also boost productivity. Many of the concerns that managers once had about migrating to cloud-based IT solutions, such as security, privacy and application performance, have been alleviated, and the benefits, such as cost predictability, business continuity and scalability, are tangible. Cost Predictability As small- to medium-sized hedge funds
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Packaging Cloud Computing as an Investment – First Cloud Computing ETF Launched A technology can be considered to have truly “arrived”, become part of everyday life, when an investment vehicle is dedicated solely to it. Cloud computing now enjoys that privilege, with the launch of the first cloud computing ETF (Exchange Traded Fund) on NASDAQ last Wednesday. An ETF is an investment vehicle that holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day, usually tracking an index. First Trust Advisors L.P., a privately owned Illinois-based investment
