Financial institutions are facing a multitude of issues folowing the UK's vote to leave the EU, says law firm Eversheds, with passporting/mutual fund recognition likely to be a major concern for banks, investment managers and insuranace companies. According to Eversheds,
Blackstone Strategic Capital Holdings Fund (BSCH), a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management. Based in New York, Marathon is an opportunistic global credit event-driven manager with approximately USD12.75
The long-term impact of the historic decision by the United Kingdom to leave the European Union on 23 June will take investors and analysts time to fully quantify but there is no question that over the short-term, ‘Brexit’ is going
Thomson Reuters has enhanced its environmental, social, and governance (ESG) offering on Thomson Reuters Eikon with a new application that enables buy-side professionals to analyse real-time ESG data and incorporate it into socially responsible investment (SRI) decisions. Developed and supported
Registered investment advisory firm SJL Capital has launched its maiden hedge fund, SJL MarketDNA Hedge Fund LP, which began trading in May and has a live track record. It is currently domiciled in California. SJL Capital’s portfolio manager Matthew
City Financial Investment Company has acquired management of the Convex Strategy, with current assets of USD180 million, from Fortress Investment Group in Asia. The strategy will be managed by chief investment officer David Dredge and the investment team who join
TH Data Capital formally has launched an alternative to the traditional financial research model, using big data expertise and a deep understanding of financial markets to provide advanced predictions of business performance in China. TH Data Capital is the first,
Christopher Meyers (pictured), head UK & NL institutional trading at Flow Traders, reports that over the last 18 months, the firm has seen an increase in wealth and asset managers in the UK using ETFs. Flow Traders is a global
The incredible level of market volatility arising from the uncertainty over the UK's referendum vote has caused a great deal of de-risking on the part of investors over recent months. Chanchal Samadder (pictured), Head of UK and Ireland ETF sales
The Lyxor Hedge Fund Index was up 0.84 in May, with six out of 10 Lyxor indices ending the month with a positive performance. The more directional strategies had the best returns. Event-Driven Strategies led the pack, as they benefited
