Early-stage seeding specialist IMQ has seeded a new systematic trading strategy, the Persistence Program, from Romanesco Capital Management. The Romanesco strategy will be available via the Deutsche Bank dbSelect managed investment platform, which has been subject to an ISAE 3402
Joanna Shatney (pictured), Head of US Large Cap Equities at Schroders, shares her views on the recent sequestration in the US… We are now in the first week of sequestration – sequestration refers to the mandatory cuts in spending that
London-based asset management group I2BF has been awarded the mandate to control a new USD100m nanotech fund, alongside Russian bank VTB. The appointment has been made by the fund’s primary investors, Russian nanotech giant Rosnano and Kazyna Capital Management, both
Institutional investors predict that total hedge fund industry assets will reach USD2.42trn at the end of 2013, according to a survey by Credit Suisse. This would represent an industry growth rate of over 10 per cent or USD220bn, comprising
ZeniMax Media has closed a USD150m investment by private equity firm Providence Equity Partners in convertible preferred stock of the company. The proceeds will be used to fund additional growth through increased game development, expanded publishing operations, and strategic acquisitions.
The Lyxor Hedge Fund Index was up 0.15 per cent in February, bringing year-to-date performance to +1.73 per cent. Eight Lyxor Strategy Indices out of 14 ended the month in positive territory, led by the Lyxor Fixed Income Arbitrage Index
Fund administrator SGGG Fexserv has selected the Linedata Mshare transfer agency solution to support its expanding business in Malta and complement its proprietary systems. SGGG Fexserv has been established in Malta since 2008. Taking advantage of the island’s position as
Lance Futures, a brokerage service provider in Germany, is launching a multi-adviser alternative investment fund that integrates the return flows of various money managers in order to generate risk-adjusted returns with relatively low volatility. The Strategic Investment Fund will be
Only 31 per cent of hedge fund managers are bullish on the S&P 500, according to the TrimTabs/BarclayHedge Survey of Hedge Fund Managers for September. About 37 per cent of the 109 hedge fund managers surveyed are bearish on stocks,
Maples Fund Services, a fund services provider, has launched its restructured fund administration business, formerly operating as Maples Finance. The announcement is part of the global restructuring of the Maples Finance business, which now operates as MaplesFS, with various business
