Pictet Asset Management (PAM) announced this week that it has broadened its range of emerging market bond funds
Steady inflows and performance-based gains increased hedge fund assets by USD60bn in the fourth quarter, bringing total industry capital to a record USD2.25trn, according to the latest HFR Global Hedge Fund Industry Report. Hedge funds posted performance gains in 4Q12,
Bond behemoth PIMCO has launched the GIS Income Fund to be managed by Dan Ivascyn, managing director and head of the mortgage credit portfolio management team, and Alfred Murata, executive vice president and the mortgage credit team’s portfolio manager. The
Venus Capital Management, Inc. has launched a new Event-driven fund, the Venus Special Situations Fund, focusing on opportunities in India.
Overall alternative Ucits strategies delivered solid performances in 2012, but managed futures struggled to keep up, according to the Q4 Alceda Quarterly Ucits review from Alceda Fund Management. The top performer of 2012 was the Equity Long Short Index which
Miravast Asset Management, an investment adviser specialising in life contingent assets, has advised on the USD60m purchase of a life insurance portfolio by a substantial institutional investor. Miravast developed and structured the transaction, including selecting the life insurance
Man Group and Nomura have launched the Nomura Man Systematic Fixed Income UCITS Fund, it was announced this week. The underlying strategy, which has been accessible via a number of different investible formats since summer 2012, is run by Man
More than half the inflows into Ucits hedge funds (EUR13.2bn) were allocated to fixed income strategies during 2012, followed by macro strategies (EUR5.8bn), according to data released by Alix Capital. The latest quarterly research by the Geneva-based provider of the
MPC Investors, the independent asset manager, has launched the MPC Pilgrim Select Fund.
Hedge fund Elliot Associates is planning to nominate five executives to the board of Hess Corp as it looks to force a break up of the US oil and gas company. Activist investor Elliott, which currently own about four per
