NexPoint Credit Strategies Fund is to execute a 1-for-4 reverse stock split of the fund's issued and outstanding shares to take effect on 6 October, 2015. As a result of the reverse stock split, every four outstanding Fund shares will
Lazard Asset Management (LAM) has launched the Lazard European Alternative Fund, which is UCITS compliant, utilises bottom up stock selection and is a liquid portfolio of approximately 60 long and short positions in European large- and mid-cap companies. The Fund
Wells Fargo’s Global Fund Services has launched Fund View, an operational system for managing and analysing the middle- and back-office operations, fund accounting, and regulatory and investor servicing functions of hedge funds and private equity funds. "Fund View provides managers
Moscow Exchange securities broker BCS Financial Group has made its first move into the North American market with the acquisition of Alforma Capital Markets, the wholly-owned New York-based subsidiary of Alfa-Bank. BCS’ holding company and AO Alfa-Bank have signed an
AIP Private Capital (AIPPC) and AIP Asset Management (AIPAM), as security agent on behalf of certain of its funds, accounts and partners, are to acquires USD5 million in secured convertible notes and secured non-convertible from Capital Guardian Holding. Each Holder
Eurex Exchange, the international derivatives market of Deutsche Börse Group, is to launch a new equity index contract on 28 October 2015. The Mini DAX Futures will be offered in addition to the existing DAX Futures (FDAX) with a significantly
The Association of the Luxembourg Fund Industry (ALFI) has published Frequently Asked Questions to provide general guidance to Luxembourg investment funds and their management companies wishing to apply for an RQFII Licence and an RQFII Quota. The publication of these
Finisterre Capital, an Emerging Market Macro and Credit specialist, is to launch Finisterre Emerging Market Debt Total Return Strategy with Damien Buchet (pictured), previously Global Head of Emerging Market Fixed Income at AXA Investment Managers, joining the firm as CIO
By James Williams – Preqin has released its latest Hedge Fund Spotlight report, looking at how hedge fund performance varies by size; a useful exercise and certainly one that can help institutional investors steer a course when deciding the type,
Interactive Data has launched a Liquidity Indicators Service, leveraging the same fixed-income evaluated pricing and reference data content that supports pricing and trading functions at buy-side and sell-side firms, to provide a series of security- and portfolio-level Liquidity Indicators. Concern
