HSBC has launched a High Net Worth & Institutional share classes for the HSBC Next Generation Fund. The HSBC Next Generation Fund invests in new and upcoming hedge fund managers globally aiming for an annualised target return of 12% to
Cisco Systems Inc, Comcast Corp (Class A shares) and FedEx Corp have been added to the Dow Jones US Contrarian Opportunities Index. The index is designed to systematically measure the performance of stocks that lag behind the broader market in
SEB has integrated its offering within alternative investments by merging the SEB-owned London boutique Key Asset Management unit with the SEB Alternative Investment Team (AIT) in Stockholm . The new team will be managed by Mikael Spångberg (pictured) as Managing Director, Stockholm and Chris
Finisterre Capital, the long/short emerging market total return specialist, has launched the Finisterre Equity Fund. Joint Portfolio Managers of the new fund are Alistair Candlish and Edward Cole, who joined Finisterre in August, 2011. The duo was hired as a
Effective 17 October, 2011 GSC Group Limited has joined the Black Diamond family of companies and will now operate under the name Black Diamond Capital Management Limited. Black Diamond’s European office will be headed by Nick Petrusic, who, along with
BNY Mellon has been appointed by Oddo Asset Management (Oddo AM) to provide fund administration and custody services for its new hedge fund, Orsay Merger Arbitrage. Oddo AM, the asset management branch of French financial services group Oddo & Cie,
Cordium has acquired Zodiac Advisory Services, a provider of compliance, risk, accounting and governance services for the investment management industry in Malta. 

 The acquisition is Cordium’s third in as many months, following the purchases of The Sigma Partnership and
BNY Mellon has signed an agreement to acquire the remaining 65 per cent interest of HedgeMark International, a current affiliate and a provider of hedge fund managed account and risk analytic services. The deal is expected to close in the
The Capzanine Situations Spéciales fund is providing financial and strategic support to Legal, the leading independent French coffee roaster. Affected by a fire in 2016, Legal had to meet medium-term financing needs to finish the modernisation of its industrial tooling
MDX Technology’s Project IOWA, a market data business driven ecosystem, has formed a strategic partnership with FactEntry, an independent provider of bond data and documents which supports the needs of fixed income and credit professionals. MDX Technology is recognised as
