RWC Partners is planning to launch its existing Asia long/short equity strategy within its Luxembourg SICAV UCITS. Subject to approval, the existing Global Innovation Absolute Alpha will change its name to RWC Asia Absolute Alpha Fund and the fund will
Total hedge fund assets fell USD64.7 billion to start 2016, a decline of 2.1 per cent, which dropped total industry assets below the USD3 trillion level for the first time since the industry first surpassed the milestone in May 2014.
Emerging markets hedge funds posted steep declines to begin 2016, as concerns about slowing growth and weakening currency in China, falling energy prices, and geopolitical risk precipitated a steep drop in risky assets globally. The HFRI Emerging Markets Index fell
As of 19 February 2016, the Skënderbeg Fund, a sub-fund of Skënderbeg Funds SICAV, has been transformed into a UCITS structure, which is designed to providing access to alternative investments in a liquid and transparent format. A statement from Skënderbeg
Hedge fund administration specialist Custom House Global Fund Services has launched a new brand interface and officially transitioned the firm to an independently-owned fund administrator, following regulatory and government approvals. As part of the brand relaunch, Custom House has introduced
Morgan Stanley Alternative Investment Partners (AIP) has closed on over USD225 million in final capital commitments for Private Markets Income Fund I (PMIF). The fund’s strategy is to invest in niche income-oriented private market strategies, across primary fund commitments, co-investments
Calastone has launched Calastone Data Services, a global market intelligence solution offering fund managers detailed insight and transparency into their global fund distribution whilst also supporting client firms in meeting changing regulatory obligations. MiFID II, the European regulatory framework designed
City Financial has decided to close the Decca Fund to any further subscriptions for both existing and new investors. The Decca Strategy's assets under management have reached approximately USD500million. The fund launched on 1 April 2015, and is managed by
A new study by The Chicago Board Options Exchange (CBOE) has examined six benchmark indexes that write Standard & Poor’s 500 Index (SPX) options, comparing their performances with those of traditional stock, bond and commodity indexes. The study found that
Against a challenging market backdrop, FUM at Man Group grew 8 per cent in 2015 to USD78.7 billion, driven by a positive investment performance of USD2.4 billion, a second year of positive net inflows (USD0.3 billion) and acquisitions. Adjusted profit
