Highland Capital Management, an investment management firm based in Dallas, Texas, has closed its CLO Value Fund I with a gross return of 138 per cent to its investors. Highland launched the CLO Value Fund I in November 2008 to
Chicago-based investment manager Emil van Essen has launched the EvE Multi-Strategy Programme (EvE MS). EvE MS is a 50-50 combination of the firm’s flagship EvE Spread Trading Programme (EvE STP) and the EvE Long-Short Commodity Programme (EvE LSCP). “We
Ignis Asset Management has entered into a partnership with Castle Hill Asset Management. Castle Hill is a credit investment manager with more than USD2.0bn of gross assets under management. These assets include sub-advisory mandates from Ignis invested across two leveraged
James Thornton, Fund Director at Mayfair Capital Investment Management comments on the results of the IPD’s latest survey of the UK property market. The IPD this week released the results of its Annual Index for 2009. At a positive return
Aegon Asset Management is launching a global opportunities fund targeting investors wanting global macro exposure. The AEGON Global Opportunities Fund aims to provide institutional and professional retail investors with competitive absolute returns from a diversified global portfolio. It is a
Fund servicing specialist Atlantic Fund Services in now operating in eight markets around the world following the opening of the firm’s new London office. The UK office will focus on business development. “London is a city of decision makers
The S&P GSCI declined 7.89 per cent in January as each of its main components landed in negative territory during the month. The S&P GSCI Industrial Metals Index was the hardest hit sector in January, falling 8.92 per cent after
Merchant Capital’s Ucits III platform for hedge fund managers has appointed Kinetic Partners to manage risk management systems across the entire platform. Merchant Capital enables asset managers to launch Ucits-compliant investment vehicles to the European market. Funds using the platform
BNY Mellon has entered into a definitive agreement to acquire PNC’s global investment servicing business, a provider of custody, fund accounting, transfer agency and outsourcing solutions for asset managers and financial advisers. The purchase price of USD2.31bn includes the purchase
The electronic trading revolution that brought the buy-side desk from telephones and working order to algorithms and smart order routing is effectively in place, says Tabb Group in an industry benchmark research study. However, buy-side assets are down, the commission
