Quintillion has been appointed by Leadenhall Capital Partners to provide administration services to both its Leadenhall Diversified Insurance Linked Investments Fund and Leadenhall Value Insurance Linked Investments Fund, which launched on 21 October 2009. The funds aim to provide investors
Deutsche Bank has signed an agreement to acquire 100 per cent of Sal. Oppenheim at a price of EUR1.0bn. The present shareholders in Sal. Oppenheim have the option of a long-term shareholding of up to 20 per cent of the
Investors are being left in the dark as to the huge additional costs their asset managers are incurring to transact highly complicated derivatives, according to research from analytics firm OpenGamma, which reveals that transaction costs incurred when trading FX Options can
London-based investment manager Sothic Capital Management has selected GlobeOp Financial Services to provide middle- and back-office and fund administration services for its newly launched Sothic Capital European Opportunities Fund. The fund launched in September 2009 with USD83m in assets under
Interactive Data, a provider of financial market data and analytics, has broadened the capabilities for its interest rate swap valuation service provided by its pricing and reference data business. The service assists clients by providing information they can use to
Alcentra Limited, one of Europe’s largest and longest established credit managers, which is majority owned by BNY Mellon (95 per cent stock holding), is launching a new leveraged loan and high yield bond fund. Alcentra European Floating Rate Income Fund
Benchmark Plus, a USD1.6bn fund of funds has launched a long/short equity tracking fund with an unusual "fee reserve" and clawback structure that has a 99 per cent correlation with the HFRI Equity Long/Short Index. The Benchmark Plus HFRI Equity
The Dow Jones Credit Suisse Core Hedge Fund Index closed up 0.47 per cent in September as five of the seven index component strategies reported positive results for the month. Long/short equity (2.43 per cent) and event driven (1.46 per
CBOE Futures Exchange (CFE) has temporarily postponed the launch of S&P 500 Variance futures, originally scheduled to begin on 4 October. The additional time will allow market participants to further prepare for the trading and clearing of S&P 500 Variance
Lyxor Asset Management has launched the Lyxor/Tudor Momentum Fund, which replicates the trend following component of the Tudor Tensor quantitative managed futures programme. The Lyxor managed account platform responds to investors’ key decision criteria: transparency, risk control and liquidity. Tudor
