The most recent rebalance of the Global X Guru Index exchange-traded fund (GURU) saw 11 additions and 13 removals from the fund, while 45 components remained unchanged. GURU sector allocation reveals that hedge fund managers are overweighting industrials with their
US Bancorp Fund Services has agreed to acquire Quintillion Limited, an Ireland-domiciled full-service hedge fund administrator. The announcement supports US Bancorp Fund Services’ initiative to expand its alternative investment servicing network supporting the European investment community. “This acquisition continues
US-based Monsoon Capital, which focuses on emerging markets, has selected SEI to provide full fund administration, trustee and custodial services for its newly launched UCITS fund.
The Depository Trust & Clearing Corporation (DTCC) is to acquire full ownership of Omgeo, combining Thomson Reuters’ 50 per cent stake in the company with DTCC’s existing 50 per cent ownership. The transaction will facilitate increased collaboration among investment
Specialist emerging markets hedge fund manager Charlemagne Capital has announced the launch this month of its first Middle East and North Africa fund, the Magna MENA Fund, which will inves
PerTrac has announced an exclusive partnership with MondoAlternative, Italy’s largest provider of hedge fund data. The MondoAlternative database contains qualitative and quantitative records on over 2,200 hedge funds, including all the Italian "fondi speculativi", more than 1,200 European hedge funds,
Nomura Asset Management USA has announced the launch of Nomura Global Alpha, a New York-based venture focused on managing alpha-oriented fixed-income products and solutions for both instit
EFAMA this week was broadly in agreement with proposals setting out future guidelines on UCITS ETFs and other UCITS issues detailed by the European Securities and Markets Authority (ESMA) in
GAM has launched GAM Star Absolute EuroSystematic, an absolute return fund that uses the Ucits III framework to offer retail clients access to a strategy involving long and short investmen
ML Capital this week announced the launch of the FVC Alternative Risk Premia UCITS fund on its MontLake platform. London-based Future Value Capital is a quantitative macro specialist. The fund has launched with USD20million in seed capital and becomes the
