UMB Fund Services, Inc, a subsidiary of UMB Financial Corporation, has rebranded its Alternative Investment Services division as JD Clark & Company, a division of UMB Fund Services. UMBFS will continue to use the name UMB Fund Services, Inc for
Managed futures ended February in positive territory as managers were able to capitalise on long exposures to the short-end of the US yield curve, long positions in equities and commodities, and short currency positions. The Lipper Managed Futures/CTA index registered
Alternative asset managers AM Investment Partners and Bam Capital have agreed to combine in a merger of equals, with each firm contributing its respective portfolios, management teams and infrastructure. The newly combined entity will be called AM Investment Partners. The
Pacific Century Group, an Asia-based private investment firm, has acquired PineBridge Investments from American International Group. PineBridge operates as a multi-strategy investment manager in 31 countries with USD87.3bn in assets under management as of 31 December 2009. The firm focuses
Net money outflows from hedge funds amounted to USD160.11bn in 2009, according to a report by Lipper Tass. This amount accounts for about 46 per cent of the sum of all negative quarterly money flows to the industry since first
Singapore Exchange will offer a futures contract based on the soon-to-be-launched Nikkei Stock Average Dividend Point Index. Nikkei will begin calculating the index in April 2010. Subject to regulatory approval, SGX targets to launch the new SGX Nikkei Dividend Point
Chris Wyllie, chief investment officer at Iveagh Private Investment House (Guinness family office), comments on the BoE’s announcement of a further GBP75bn of QE… We are not surprised by the BoE’s move as it was well flagged, however increasing the
Hedge funds took in a net USD11.4bn (0.6 per cent of assets) in February, building on an inflow of USD4.3bn in January, according to BarclayHedge and TrimTabs Investment Research. The results are based on data from 3,434 funds.
Why float, why London? The alternative investment fund industry has traditionally operated in the private space, but as the industry matures, and the demand for access from a wider investor base increases, achieving economies of scale through the private fund
The Bank of New York Mellon, a global financial services company, has launched a credit fund service for alternative fund managers that combines loan administration, fund administration
