Neuberger Berman has extended its high yield capabilities with the addition of a global high yield bond strategy. The new Dublin-domiciled UCITS vehicle, the Neuberger Berman Global High Yield Bond Fund, will use the resources of the group’s USD37.6 billion
Societe Generale Prime Services reports that CTAs continued their good performance from June with all CTA indices posting positive returns in July. The SG Trend index, measuring the performance of the largest ten trend-following based CTAs, was the best performing
Hedge fund data provider HFR reports that hedge funds investing in Japan declined to conclude the first half of 2016 as the Japanese Yen surged on Brexit, while hedge funds investing in China and throughout Emerging Asia posted mixed performance
Sterling and euro prime money market fund (MMF) assets will increase in the coming months amid post-Brexit uncertainty despite record low yields, says Moody's Investors Service. In parallel, US prime funds are experiencing a spike in outflows ahead of October's
Nikko Asset Management is launching a Luxembourg domiciled Global Credit UCITS fund on 3 August 2016. The fund is managed by Head Portfolio Manager – Global Credit, Holger Mertens (pictured) and supported by its experienced Global Credit teams based in London,
MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, is to acquire Guggenheim Investment’s 1940-Act mutual fund administration business, Rydex Fund Services. The transaction is expected to close in the fourth quarter of 2016, subject to
Euronext has reported its most profitable quarterly results since its initial public offering (IPO) with revenue in the second quarter of 2016 increasing by 1.7 per cent to EUR132.3 million from EUR130.1 million a year earlier, driven by strong performance
Tages Capital, in partnership with Anavon Capital, has launched the Tages International SICAV – Anavon Global Equity Long/Short UCITS Fund, the second sub-fund of Tages International Funds SICAV. The UCITS-compliant umbrella fund structure is domiciled in Luxembourg and regulated by
Investors redeemed a net USD20.70 billion from hedge funds in June, bringing second quarter net flows to negative USD10.68 billion and first half net flows to negative USD27.95 billion, according to eVestment’s latest Hedge Fund Industry Asset Flows Report. The
Aquila Capital is to launch an alternative beta strategy in cooperation with Alpha Centauri, bringing the Hamburg-based specialist investment boutique, which offers liquid alternative risk premia and equity factor strategies, to Aquila's Associated Manager Group platform. The new alternative beta
