Phoenix Fund Services has won the contract to provide the middle office, fund accounting and transfer agency services for the Coppertree Dynamic Fund. The Coppertree Dynamic Fund is a Bermuda domiciled fund with an absolute return investment objective through investing
Hedge funds posted their strongest start to a calendar year since 2000, with significant contributions from strategy areas which underperformed in 2011, according to data released today by HFR. The HFRI Fund Weighted Composite Index gained 2.14 per cent in
Kinetic Partners, the global professional services firm to the asset management, banking and broking industry, has acquired AB Fund Services, the Luxembourg-based fund advisory firm. AB Fund Services advises on regulatory and compliance requirements for investment funds domiciled in Luxembourg,
The Exchange Council of the European Energy Exchange (EEX) has welcomed the expansion of the product portfolio on the power derivatives market and agreed on the addition of new products in the rulebook. EEX plans to introduce a number of
GTS, an electronic market maker across global financial instruments, has acquired an ownership stake in Wavelength Capital Management, a New York-based systematic investment firm. Wavelength was founded five years ago as an independent investment management firm specialising in liquid, transparent,
Backstop Solutions Group, a cloud-based productivity suite provider for institutional and alternative investors, is to acquire BarclayHedge, a provider of alternative investment data and indices. With proprietary access to the 2,200 alternative investment managers and 6,900 funds tracked by BarclayHedge,
iCapital Network has partnered with Rockefeller Capital Management (Rockefeller), an independent financial services firm offering global family office, asset management, and strategic advisory to ultra-net-worth families as well as institutional clients, to increase alternative investment options for the company’s investors.
HFR and Morningstar have launched a strategic distribution partnership with Morningstar Direct Institutional Software. HFR is a leading provider of indices, data and analysis for the hedge fund industry, and Morningstar, Inc is a leading provider of independent investment research.
Vistra has opened a new office in Mauritius to target the growing opportunities in the region and in particular in the African and Indian markets. Vistra (Mauritius) Limited opened on 02 April, following the granting of a licence to operate
Markit has acquired Data Explorers, a provider of global securities lending data, from mid-market private equity firm Bowmark Capital. Data Explorers’ data set, which covers USD12 trillion of securities in the lending programmes of over 20,000 institutional funds, provides a
