Articles and Features

Agecroft Partners, a hedge fund consultant and third party marketer, has won the Hedgeweek 2013 Award for Third Party Marketer of the Year. »

Apex Fund Services, one of the world’s largest independent fund administration companies, is offering free office facilities and fund incubation services to fund managers looking to start a new fund. »

Gottex Fund Management returned to operational cash flow profitability in the second half of 2012, according to the company’s annual results for the year ended 31 December 2012. »

Man Group has extended its funding of the Oxford-Man Institute of Quantitative Finance (OMI) to 2018. »

Cairn Capital has closed Cairn CLO III BV, its new EUR300m CLO and the first-to-market European arbitrage CLO since 2008. »

Affluent Americans are more likely to allocate assets to alternative investment strategies in asset classes such as private equity, real estate investment trusts and hedge funds today than they have been for several years. »

Societe Generale Securities Services (SGSS) has created a centre of expertise in Luxembourg for alternative funds, which provides specific experience in private equity, real estate and tangible assets. »

The European Parliament’s economic and monetary affairs committee (ECON) has voted in favour of capping bonuses at 100% of salary. This is an important marker as to the Parliament’s position regarding asset managers’ pay and starts the process as to what the final remuneration provisions will be within the UCITS V Directive. Much negotiation lies ahead, but the starting position is now clear, says Jon Terry (pictured), partner in PwC’s reward team… »

BNY Mellon, a provider of investment management and investment services, has been appointed by SEB Investment Management to provide fund administration services for over 150 funds valued at EUR40bn. »

Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished February up 0.24 per cent, with six out of 10 strategies in positive territory. »