The LF Woodford Equity Income Fund (WEIF) has sold some of the portfolio’s individual unquoted stocks to Woodford Patient Capital Trust (WPCT) in exchange for shares in WPCT. This step signals the start of a strategy to switch the fund’s
Man Group has announced net inflows of USD10.8 billion for the financial year ended 31 December, down from the USD12.8 billion seen in 2017. Funds under Management (FUM) totalled USD108.5 billion as at 31 December 2018 compared with USD109.1 billion
Saxo Bank, a fintech and regtech specialist focused on multi-asset trading and investment, is broadening access to Chinese securities, further cementing its position as a gateway to China for its international client base. Qualified institutional clients are now able to
Morningstar has released a new report, Cross-Border Liquid Alternative Fund Landscape 2019, showing how the landscape for this fast-growing asset class has developed and transformed in the past decade, and what challenges lay ahead for investors and fund selectors in
JP Morgan Worldwide Securities Services (WSS) has launched its tax calculation reporting service for UCITS funds distributed into the UK the firm announced this week.
The European Energy Exchange (EEX) increased volumes on its power derivatives markets by 31 per cent to 359.3 TWh in February (February 2018: 274.3 TWh). In particular, significant increases in the German Phelix-DE product (248.4 TWh, + 62 per cent)
Emerging markets (EM) L/S Equity strategies remain cautious regarding the sustainability of the rally in EM assets, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. Managers report that good news tend to be priced in with
ARI Network Services (ARI), a provider of software and marketing solutions to dealers, equipment manufacturers and distributors in select vertical markets, has secured a strategic growth investment from TA Associates, a global growth private equity firm. True Wind Capital, a
PEGAS, the pan-European gas trading platform operated by Powernext, established a new monthly record on its TTF spot market in February with 47.97 TWh, eclipsing the previous high mark of 46.53 TWh set in January. The total volume traded in
Prestige Funds, a provider of private finance to the UK’s agriculture, clean energy and SME markets, has completed a GBP14.7 million funding deal to finance an anaerobic digestion (AD) plant in Kent. The deal is the latest in a long
