Two new liquid alternative funds were launched in Q1 2018, one Relative Value Fund and one Multi-Strategy Fund, according to Wilshire Funds Management’s Q1 2018 Liquid Alternatives Industry Monitor. Additionally, there were 24 liquidations during the quarter. AUM in
Ares Management Corporation (Ares) and Fidante Partners (Fidante) have established a strategic joint venture to coordinate the marketing and investment management of retail and institutional investor capital from Australia and New Zealand for Ares’ various Credit, Private Equity and Real
Hazeltree, a provider of integrated treasury management and portfolio finance solutions, has acquired ENSO Financial Analytics (ENSO), a provider of portfolio analytics for hedge funds and prime brokers, previously owned by CME Group Inc. ENSO will become an integral part
Assured Guaranty’s subsidiary Assured Guaranty US Holdings (AGUS) is to acquire all of the outstanding equity interests in BlueMountain Capital Management (BlueMountain) and its associated entities for a purchase price of approximately USD160 million, subject to certain adjustments. BlueMountain is
PGIM Investments has added a new liquid alternatives fund to its UCITs platform – the PGIM QMAW Keynes Systematic Absolute Return Fund – the first fund from Wadhwani Asset Management since its acquisition by PGIM in January 2019. The fund
Financial services provider Siebert Financial Corp is to purchase Weeden Prime Services (Weeden Prime), a prime brokerage services provider. When the deal completes, Weeden Prime will become a wholly-owned subsidiary of Siebert. Founded in 2009, Weeden Prime is a
Schroders has launched two new funds on its alternative UCITS platform, giving investors access to both a US equity long-short fund and a US equity market neutral fund. Schroder GAIA Nuveen US Equity Market Neutral and Schroder GAIA Nuveen US
The European Energy Exchange (EEX) slightly increased volumes on its power derivatives market in September to 380.5 TWh (September 2018: 377.1 TWh). The largest growth rate was recorded in Austrian Phelix-AT Futures where trading volumes more than tripled year-on-year to
BITREAL Capital has been granted marketing authorisation and registration by the German Federal Financial Supervisory Authority (BaFin) for the BITREAL Real Estate Blockchain Opportunities Fund 1 GmbH & Co KG (BREBCO 1). Set up as a Spezial AIF, BREBCO1 is
The rise in popularity of ETFs in recent years, as well as the continuing appeal of mutual funds has seemingly given index-based products the upper hand in the old passive versus active investment debate. But could active management be posed
