Veneziano & Partners, an international regulatory advisory consultancy, has launched World Gondola, an online digital repository containing European rules on fund distribution. The product comes as a digital database that provides easy to digest information on European rules and regimes
Despite a strong start to the year, which saw Q1 2019 average hedge fund performance hit +5.34 per cent, investors continued to pull money from the sector, redeeming an estimated USD13.69 billion in March, according to the March 2019 eVestment
Middle East alternative asset management firm Gulf Capital has successfully closed a new long-term AED500 million syndicated revolving credit facility from its existing lenders. The new four-year facility will boost the firm’s liquidity and help it maintain its strong investment
iM Global Partner has acquired a 40 per cent interest in Scharf Investments, an independently owned and employee-controlled US equity value firm with USD3.4 billion in AUM as of end of March 2019. With this new acquisition in the US,
BNP Paribas Asset Management (BNPP AM) has launched the Parvest Global Equity Absolute Return Strategy (Parvest GEARS), a sub-fund of the Parvest UCITS V SICAV registered under Luxembourg law. With equity valuations considered expensive at current market levels on a
The SS&C GlobeOp Forward Redemption Indicator for April 2019 measured 2.51 per cent, down from 3.49 per cent in March. “SS&C GlobeOp’s Forward Redemption Indicator for April 2019 of 2.51 per cent reflects a lower level of redemption notices compared with
Mirabaud Securities has launched the Mirabaud Securities Global Thematic Group, a specialist team that assesses macro themes and fundamental stock ideas to identify interesting opportunities for investors. The team is led by Global TMT Analyst Neil Campling and Head of
Hedge fund flows turned positive in February, as a January stock market rebound, hopeful signs in US-China trade talks and indications of a pause in US interest rate hikes spurred investors to reverse a five-month trend of net redemptions. The
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.60 per cent in March, outperforming the -0.17 per cent monthly return of the HFRX Global Hedge Fund Index. The
Puro – the world’s first marketplace to kick-start CO2 removal from the atmosphere – has been launched as an internal startup at clean energy provider Fortum. Puro is an experiment by a group of 23 companies and is aimed at
