Affiliated Managers Group (AMG) is to acquire an equity interest in South African hedge fund firm Abax Investments with the firm’s senior partners continuing to hold the majority of the equity of the business and direct day-to-day operations. With approximately
S&P Dow Jones Indices launches the Dow Jones Sustainability Europe Diversified High Beta High Dividend Index which is designed to measure high income liquid stocks with high historical beta within the Dow Jones Sustainability Europe Diversified Index. The Index has
Last week, markets focused on welcoming encouraging October economic releases, factoring possible non-US central banks actions, digesting a more hawkish Fed and jumping into the rally.
Well over 150 Canadian hedge fund and financial services industry professionals and supporters gathered at The Storys Building in Toronto on October 29 for the 12th annual “Open Your Hearts to the Children” gala. The special fundraising evening organised by
Cordium has launched a new electronic communications review service designed to monitor the emails, instant messages and other office communications of broker dealers and registered investment advisers to meet various regulatory and compliance requirements. The review process, which will be
Conning is to acquire Octagon Credit Investors, a US–based manager of specialised credit asset classes with expertise in collateralised loan obligations (CLOs), bank loans and high yield bonds. Based in New York, Octagon has more than 20 years of experience
After a strong September, CTA strategies posted lower returns across the board in October 2015, with all managed futures indices calculated by Societe Generale Prime Services in negative territory. The Newedge CTA index was down 1.15 per cent in October
With some of the biggest names in private equity real estate raising ever larger funds, this extract from Preqin Real Estate Spotlight looks at how emerging managers are faring in the fundraising market and how investor appetite for new firms
smartTrade Technologies has added a margin credit functionality to its end-to-end low latency FX trading platform, LiquidityFX. smartTrade's LiquidityFX platform has seen increasing adoption by a large variety of clients looking to move from their incumbent platforms to a flexible non-volume
Investcorp has acquired the hedge fund of funds business unit of SSARIS Advisors, a manager of absolute return hedge fund strategies and hedge fund of funds strategies headquartered in Wilton, Connecticut. Four key members of SSARIS' hedge fund of funds
