Source, a provider of exchange-traded products, says total assets in its range of products have reached USD2.2bn (EUR1.5bn). Source’s new sector products have gathered nearly USD950m (EUR650m) in just over two months in the market and have been widely accepted
NewAlpha Asset Management, the French alternative investment incubation specialist, has signed its 13th seeding agreement, a USD40m investment in the Armored Wolf Alpha Fund managed by Armored Wolf. The Armored Wolf Alpha Fund implements a global macro strategy structured to
UCM Partners is changing its name to Semper Capital Management, an identity the investment management firm believes better reflects its strategy, history, and values, effective 1 June 2013. “Semper means ‘always’," says chief executive Gregory Parsons (pictured). "The new
The United States Short Oil Fund, an exchange-traded security designed to inversely track in percentage terms the movements of crude oil prices, has been launched on the New York Arca Stock Exchange. The investment objective of the fund is to
Staples Rodway Asset Management and Gottex Fund Management Sarl, the investment subsidiary of alternative asset management group Gottex Fund Management Holdings, have formed a joint venture in New Zealand called Gottex SR Funds (GSRF). Gottex SR Funds will offer multi-asset
The new Ucits IV Directive is not bringing the operational cost reductions many European investment fund asset managers assumed but they are still finding benefits around business model alignment, according to an Ernst & Young survey. In a poll of
Hedge Funds Care will begin using the name Help For Children, keeping the same mission and goals, the same support and commitment to the hedge fund and finance industry, but expanding its reach and capacity to raise funds. The
Paris-based Mereor Investment Management and Advisory has chosen Imagine Software’s internet-based Derivatives.com service. The new investment management firm will deploy Imagine Software as a trade capture, portfolio and risk management platform. With a focus on credit and merger arbitrage strategies,
British Virgin Islands-based investment manager Bluenose Capital Management is on schedule to launch the onshore version of its flagship offshore fund on 1 March. The Delaware-domiciled fund is aimed at US accredited and qualified investors. The objective is to generate
Fortress International Fund has entered into an alliance with Carlisle Management, which is to become the investment adviser to all of Fortress’ investment and restructuring activities. "Fortress International is a premiere partner, with a respected brand and an industry-leading management
