By Andrew Lapkin – Institutional investors are increasingly shifting their hedge fund investments from traditional, commingled structures to Dedicated Managed Accounts (DMAs). A DMA is a customised single investor hedge fund with portfolio assets ultimately owned (and controlled) by the investor.
LumX Asset Management has been at the forefront of developing innovative alternative investment solutions for more than 25 years. One of the central tenets of its business model is its structured funds platform and structuring business, LumMap, designed to give
Palaedino Asset Management, adviser to the Axiom Fund, and Alix Capital, provider of the Ucits Alternative Index, have launched the first investable Ucits alternative index. The Axiom Ucits Alternative Investable Index Fund is a Ucits III Sicav registered with the
Hermes BPK Partners has announced the appointment of Mark Smith-Lyons as chief operating officer.
The Supervisory Board of the European Energy Exchange (EEX) has confirmed Chief Financial Officer Iris Weidinger and Chief Executive Officer Peter Reitz (pictured), as members of the Management Board, and extended their mandates by another five-year term. In addition, Steffen
London-headquartered RAB Capital has launched a UCITS III-compliant version of its Cayman Island-domiciled RAB Europe fund (RAB Prime Europe UCITS), which will
LoCorr Funds is reducing the management fees for the LoCorr Macro Strategies Fund and the LoCorr Dynamic Equity Fund. Effective 18 October, the Macro Strategies Fund management fee has been reduced to 1.65 per cent, and the Dynamic Equity Fund
The Securities and Exchange Commission (SEC) has charged a longtime Bernie Madoff employee with fraud for his role in creating fake trades to facilitate the massive Ponzi scheme. The SEC alleges that David Kugel, who worked at Bernard L Madoff
Geospatial Insight, a provider of independent research derived from the analysis of satellite, aerial and drone imagery, has announced that financial services industry and quant community veteran Steve Wilcockson has joined the company. Responsible for GeoFinance Market Development, Wilcockson (pictured),
BlueMountain Capital Management, a private asset management company specialising in the global credit markets, has appointed Louisa Strutt as director of business development. Based in BlueMountain’s London office, where the firm employs nearly 20 executives, Strutt will implement business development
