T Rowe Price Group is to acquire alternative credit manager purchase Oak Hill Advisors and certain other entities that have common ownership for a purchase price of up to approximately USD4.2 billion. USD3.3 billion is payable at closing, approximately 74
Eagle Point Credit Management (Eagle Point), a specialist investment manager focused on investing in CLO securities, portfolio debt securities and other credit investments, has held the final close of its Defensive Income Fund. The fund had an original target size
Dimensional Fund Advisors has appointed Jim Whittington as Head of Responsible Investment. Joe Chi, who will retire at the end of the year. Additionally, the firm named Lacey Huebel as Head of Responsible Investment, North America. Both appointments are effective
VIA AM, a Paris-based asset manager specialised in systematic investment strategies, is supporting the Katingan Mentaya Project through the recently launched VIA Smart-Equity Europe Fund’s Carbon Neutral share classes. The objective of these share classes is to compensate for greenhouse
William Blair Investment Management (WBIM) has launched an Absolute Return Currency SICAV strategy, which maintains long and short exposures across a broad universe of currencies with a view to profit from FX movements. Employing an actively managed approach, the Absolute
The SBAI, a global alliance of alternative investment managers and allocators and custodian of the Alternative Investments Standards, has released the next instalment of its work on Responsible Investment. A toolkit for asset managers and allocators on the practical implementation
Boston-headquartered Invenomic Capital Management has launched a new UCITS version of its US-focused long/short equities strategy.
As the 2021 UN Climate Change Conference (COP26) begins in Glasgow this weekend, hedge fund managers remain evenly split over the incorporation of ESG (environmental, social and governance) factors and sustainability metrics into their investment processes, according to a new
British macro analytics firm Quant Insight (Qi), the new quantitative financial market analytics and trading insights provider, has made a major expansion across Europe and the Middle Eastern (ME) territories, opening a new headquarters based in Limassol, Cyprus, in the
The hedge fund industry continued to attract new assets in August with USD30.5 billion in inflows. August’s inflows represented 0.69 per cent of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
