London Stock Exchange-listed fund of hedge funds Dexion Absolute Limited has raised an aggregate of GBP 229 million of new monies (before expenses) from its latest share placement.
Gottex Brokers, an interdealer broker in interest rate derivative products and a specialist in Swiss interest rate derivatives, has opened a London office focusing on agency brokerage. The new office, based on Savile Row, will provide credit trading services
Fred Siegrist is stepping down as Chief Executive Officer (CEO) of RMF Investment Management. Herbert Item will succeed Siegrist, who is retiring on 30 September 2007.
Man Group has reported funds under management (FUM) at 30 June 2013 of USD52.0bn (31 December 2012: USD57.0bn), reflecting sales of USD6.5bn, redemptions of -USD11.5bn, investment movement of USD2.5bn, FX translation effects of -USD2.4bn and other movements of -USD0.1bn.
The Bank of Ireland Group, Ireland’s leading financial institution, is to establish a hedge fund centre of excellence in Belfast.
Man Global Strategies (MGS), a core investment manager of Man Investments, has formed the Founders Incubation Platform (Founders Program), a seeding and incubation platform for US-based he
Scottish Widows Investment Partnership, the asset management arm of the UK’s Lloyds TSB banking and insurance group, has launched a Luxembourg-based Sicav umbrella fund aimed at the contin
Crédit Agricole Structured Asset Management (CASAM) has acquired 100% of Ursa Capital LLC, the holding company for Starview Capital Management and Lyra Capital.
SuperDerivatives has appointed Sasha Rozenberg as product manager for credit derivatives.
The AUM of the Finisterre Global Opportunity Fund, which was launched on 1 April 2006 with USD 45m, now stands at USD 119 million.
