Gabelli Merger Plus+ Trust PLC, a newly incorporated close-ended public limited company, has begun trading on the Specialist Fund Segment of the London Stock Exchange’s Main Market. Gabelli Merger Plus+ Trust PLC raised gross proceeds of USD100,111,000. Robert Barnes, Global
The Castlewood Select Opportunity Fund posted a 6.5 per cent return net of fees and expenses for the second-quarter. According to Mark Wittenstei (pictured), Managing Partner of the Castlewood Select Funds, this puts Castlewood up 10.3 per cent through the
MegaTrust Investments, a boutique fund manager specialising in Chinese equities, has launched the MegaTrust Yangtze Fund IV, the first offshore fund based on its award-winning A-share strategy with over nine years of track record. The Fund is specifically created for
Following a record result in the business year 2016, EEX Group has published its half year volumes for 2017, achieving notable increases in the markets for emission rights, agricultural products and global commodities (Freight) alongside decreases on the power derivatives
Ocorian is to acquire MAS International (MAS), an independent fund administration and corporate services provider. The business operates in Luxembourg and Mauritius in addition to representation in the US. Expected to close towards the end of 2017, the transaction, which
Geneva-based Quaero Capital has re-named its ‘Argos Funds – Family Enterprise’ fund as the ‘Argos Funds – Smaller European Companies’ fund to better reflect its investment universe. Fund managers, Marc St John Webb and Philip Best say the management philosophy
Crystal Century Investment has launched a multi-asset alternative investment fund aimed at providing institutional clients and retail investors with access to an actively managed alternative fund. As uncertain market conditions continue to pressure investors into taking on more equity risk,
The PRI, supported by the United Nations and the leading proponent of responsible investment, is working to standardise the way in which investors source and allocate capital to hedge funds who base their investment strategies on environmental, social and governance
BNP Paribas has agreed a settlement with the Board of Governors of the Federal Reserve System (FRB) relating to past misconduct in its foreign exchange business. Under this settlement with the FRB, BNP Paribas will pay a fine of USD246
The FERI funds OptoFlex and EquityFlex on LRI Group’s UCITS Platform have achieved a total of EUR1 billion in total assets over all share classes. Carsten Hermann, Head of Investment Management at FERI Trust, says: “We are very happy about
