Alternative multi-manager Tages Capital has signed a strategic partnership with Frankfurt-based Gauly | Dittrich | van de Weyer Asset Management. Under the terms of the agreement, Gauly | Dittrich | van de Weyer Asset Management will distribute Tages’ investment solutions
London Stock Exchange Group (LSEG) is to acquire a majority stake of up to 60 per cent of clearinghouse LCH.Clearnet in a deal worth EUR463 million. Under the terms of the Transaction, London Stock Exchange (C) Limited (LSEC) will pay
NYSE Euronext’s global derivatives average daily volume (ADV) of 7.0 million contracts in February 2012 represented a decrease of 21.4% versus the prior year. European derivatives products ADV in February 2012 of 2.8 million contracts decreased 35.7% compared to February
Deutsche Asset & Wealth Management's (DeAWM) Aggregator Solutions fund has recently acquired a USD85m portfolio of illiquid hedge funds from a Swiss asset manager. The fund closed in August 2013 with commitments from professional investors of USD1bn. The Aggregator
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,
