“We are different from our competitors in the managed account space by construction. When we launched our multi-asset platform the objective was more to serve clients than to distribute managers,” states Stephane Berthet (pictured), Executive Director at Morgan Stanley and
On the surface, average hedge fund performance in 2014 has been underwhelming but when one has a clear window on performance, as Lyxor Asset Management does with its commingled managed account platform, the picture becomes more nuanced. “There have been
The ways in which investors are employing managed accounts to build their exposure to alternatives are becoming multifarious. Many of the well-established public platforms are having to cater for a wide spectrum of needs, from straightforward commingled funds for first-time
Man Group is to acquire the investment management contracts from Merrill Lynch Alternative Investments to manage a portfolio of multi-strategy and strategy-focused fund of hedge funds with total AUM of USD1.2 billion. The acquisition is expected to complete in the
AFEX a provider of solutions for hedge funds and private equity houses to manage currency risk and international cash flows has joined the California Hedge Fund Association (CHFA) as a premier Founders’ Club member. The CHFA is a non-profit, member based
RFA (Richard Fleishman & Associates) has appointed George Ralph as Managing Director of RFA UK. The firm has also announced it's intention to open two new data centres in January. They will help the firm to provide its full portfolio of
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has published an updated guide for hedge fund managers to use when selecting a prime broker. AIMA’s Guide to Sound Practices for Selecting a Prime Broker incorporates changes
EIM, a global manager of tailor-made portfolios of hedge funds, has appointed Deutsche Bank to assist in the creation of a dedicated managed account platform. The new initiative aims to provide clients by the end of the year with enhanced
Carne Group has made two hires in its Irish office to support the increasing demand for its AIFMD management company services, including its independent ‘mancos’ in Ireland, Luxembourg and the Channel Islands. Neil Clifford joins Carne from Irish Life Investment
The Foreign Exchange Professionals Association (FXPA) has added of five institutional members – Bloomberg Tradebook Services, Cürex, FastMatch, Nasdaq and Singapore Exchange (SGX). All have joined FXPA’s Founders’ Council and become members of the initial Board of Directors. With the
