Pacific Century Group, an Asia-based private investment firm, has acquired PineBridge Investments from American International Group. PineBridge operates as a multi-strategy investment manager in 31 countries with USD87.3bn in assets under management as of 31 December 2009. The firm focuses
Net money outflows from hedge funds amounted to USD160.11bn in 2009, according to a report by Lipper Tass. This amount accounts for about 46 per cent of the sum of all negative quarterly money flows to the industry since first
Hedge fund clients now have direct access to their data through a new online portfolio reporting tool introduced by UMB Fund Services. The portal is intuitive yet comprehensive, providing hedge fund clients with the information they need to analyse investments.
Singapore Exchange will offer a futures contract based on the soon-to-be-launched Nikkei Stock Average Dividend Point Index. Nikkei will begin calculating the index in April 2010. Subject to regulatory approval, SGX targets to launch the new SGX Nikkei Dividend Point
Chris Wyllie, chief investment officer at Iveagh Private Investment House (Guinness family office), comments on the BoE’s announcement of a further GBP75bn of QE… We are not surprised by the BoE’s move as it was well flagged, however increasing the
Hedge funds took in a net USD11.4bn (0.6 per cent of assets) in February, building on an inflow of USD4.3bn in January, according to BarclayHedge and TrimTabs Investment Research. The results are based on data from 3,434 funds.
Why float, why London? The alternative investment fund industry has traditionally operated in the private space, but as the industry matures, and the demand for access from a wider investor base increases, achieving economies of scale through the private fund
The Bank of New York Mellon, a global financial services company, has launched a credit fund service for alternative fund managers that combines loan administration, fund administration
GAM, the investment manager owned by Swiss private bank Julius Baer, has announced the launch of GAM Eclectic, a global equity long/short fund.
The Credit Suisse Liquid Alternative Beta Index was up 0.48 per cent in December, according to Dr Jordan Drachman, head of alternative beta strategies at Credit Suisse. The index was up 7.35 per cent for the year in 2013.
