Charlemagne Capital, the emerging markets group, has launched the Magna Emerging Markets Dividend Fund. The fund aims to invest in emerging market stocks with a sustainable high dividend yield plus strong earnings growth. The lead portfolio advisers see significant opportunities
100 Women in Hedge Funds, a non-profit organisation for professionals in the alternative investments industry, will award Geraldine Sundstrom the 100 Women in Hedge Funds 2010 European Industry Leadership Award at its London Gala on 30 September. Sundstrom is partner
Despite hedge funds successfully navigating a gloomy macro scenario and concerns over Greece’s fiscal position, the industry recorded negative net flows for first quarter 2010, research by Lipper Tass shows. Redemptions filed at the beginning of the quarter to cash
William Davies, Head of European Equities, Threadneedle, examines the prospects for Europe against a backdrop of austerity packages. The difficulties facing peripheral European economies are well-documented, with austerity packages in markets such as Greece, Spain and the UK likely to
RHJ International has agreed with KBC Asset Management to buy KBC Asset Management Dublin for a total upfront cash consideration of EUR23.7m, subject to closing adjustments. The seller will also receive 50 per cent, with a maximum of EUR3.5m, of
Hewitt Associates, a consulting and outsourcing company, says hedge funds should no longer be seen as just an alternative asset class and urges pension funds to consider long/short equity managers as part of their overall equity allocation. Guy Saintfiet, senior
Asian institutions’ appetite for external asset management is growing slowly with the recovery in global markets, but new research from Greenwich Associates reveals that many institutions across Asia are making a longer-term commitment to managing assets in-house. These conclusions are
Following the initial launch of the HSBC Ucits AdvantEdge Fund in October 2009, the fund has now successfully completed the passporting process for France and Germany. Ucits funds operate under a passport system, which means that they can be offered
Deutsche Bank and Winton Capital Management have launched a Ucits III compliant version of Winton’s flagship Diversified Program. The Ucits III fund, called the DB Platinum IV dbX Systematic Alpha Index Fund, will be launched on Deutsche Bank’s Platinum platform
Hungry for alpha, hedge funds are turning to equity swaps and synthetic prime to access emerging markets offering attractive spreads and easily identifiable risk arbitrage opportunities. According to forecasts by Tabb Group in a new research report, The Alternative Emerging
