London Stock Exchange Group (LSEG) is to acquire a majority stake of up to 60 per cent of clearinghouse LCH.Clearnet in a deal worth EUR463 million. Under the terms of the Transaction, London Stock Exchange (C) Limited (LSEC) will pay
Deutsche Bank and Lynx Asset Management have launched a UCITS III compliant version of the Lynx fund. The DB Platinum IV Lynx Index. which was launched on Deutsche Bank‟s DB Platinum IV platform in February 2011, is managed by Lynx,
NYSE Euronext’s global derivatives average daily volume (ADV) of 7.0 million contracts in February 2012 represented a decrease of 21.4% versus the prior year. European derivatives products ADV in February 2012 of 2.8 million contracts decreased 35.7% compared to February
Macro Currency Group, the specialist currency investment boutique of global asset management firm Principal Global Investors, has launched the Principal Global Investors Funds Multi Strategy Currency Fund, (the Fund), a Dublin-registered, UCITS-compliant vehicle. Managed by Mark Farrington (pictured) and Dr
Deutsche Asset & Wealth Management's (DeAWM) Aggregator Solutions fund has recently acquired a USD85m portfolio of illiquid hedge funds from a Swiss asset manager. The fund closed in August 2013 with commitments from professional investors of USD1bn. The Aggregator
The IMA has voiced concerns that different jurisdictions are allowing managers greater flexibility when reporting fund charges in the Key Investor Information Documents (KIID) under UCITS IV report
Germany’s Universal-Investment has announced the acquisition of SEB Master KAG, a UCITS platform, a move which Universal-Investment spokesperson Bernd Vorbeck said will strength
HSBC has launched a High Net Worth & Institutional share classes for the HSBC Next Generation Fund. The HSBC Next Generation Fund invests in new and upcoming hedge fund managers globally aiming for an annualised target return of 12% to
Lyxor Asset Management has partnered with IKOS to launch the second alternative manager on its Lyxor Dimension UCITS platform reported Hedgeweek this week.
Most classical hedge fund strategies are in large demand in a UCITS format, according to ML Capital Asset Management, the investment manager and promoter of the MontLake UCITS platform. The MLC Alternative UCITS Barometer, a tool that surveys active investors
