Close Asset Management is acquiring, subject to regulatory approval, a majority stake in Fortune Group, the London-based hedge funds manager. Founded in 1996, Fortune manages approximately USD 800 million in a range of single and multi-manager products, for private
Allocations to asset classes such as hedge funds by European institutions are profoundly mistaken, argues Guy Fraser-Sampson.
Investment management firm Rockwater Hedge has added financial markets veteran Dr George Handjinicolaou to its board as an advisory member.
Institutional investors have made a tentative shift back towards funds of hedge funds according to Investor Source’s most recent Institutio
Dexion Capital has raised GBP 130 million for the London IPO of its latest fund of funds, Dexion Alpha Strategies Limited, which is advi
A new Mercer survey shows the use of alternative investments continues to increase, in particular active management or so-called ‘alpha’ strategies.
EDHEC and EuroPerformance have released their rankings of the top Italian and Spanish asset management companies — the Alpha League Tab
Stenham Asset Management has launched two funds of hedge funds – Stenham Credit Opportunities and Stenham Healthcare. Stenham Credit Opportunities launched on 1 January 2013 with USD21m and has returned 3.44 per cent since inception. The fund is a concentrated portfolio
Emerging markets investment management specialist Charlemagne Capital has appointed Sangita Uberoi as Senior Asian Portfolio Manager.
Lloyds TSB has announced that it is investing GBP300-400m in the Julius Baer Absolute Return Bond Fund.
