Northern Trust Asset Management has named Magellan Asset Management Limited (MFG Asset Management) as a sub-adviser to the recently launched Anchor MFG Global Equity Fund. This strategic partnership will provide institutional investors in Japan with exclusive access to Magellan’s global
Valentino Vasi has joined Seward & Kissel as counsel in the firm’s Investment Management Group. He was previously with the firm Carter Ledyard & Milburn LLP. Vasi has spent more than 20 years practising corporate and securities law, with a focus on
Resonanz Capital, a Frankfurt-based hedge fund advisory business led by Vincent Weber, Ivo Zonev and Iliyan Iliev, has launched as an independent business with mandates worth more than USD1 billion. The firm is aiming to establish itself as one of
The US District Court for the Central District of California has entered a final judgment and permanent injunction order against defendants Gordon A. Driver of Las Vegas, Axcess Automation and Axcess Fund Management, both Nevada companies owned and controlled by
ESG investment considerations have risen to prominence in recent years as institutional investors think more carefully about the impact their investments have on the world, and on society at large. It is an issue that all investment managers – traditional
Apex Group Ltd (Apex) has acquired Atlantic Fund Services (Atlantic), a US-based fund administrator serving the traditional and alternative mutual fund market. Apex is a portfolio company of Genstar Capital. The acquisition adds a further USD12 billion in assets under
Following last week’s emergency enforcement action against Peregrine Financial Group, National Futures Association has requested an internal review of its audit practices and procedures. NFA took action against PFG after it determined that PFG had failed to maintain adequate funds
Trium Capital, a London-based alternative investment specialist, has partnered with New York based Chesapeake Asset Management (CAM) to offer a global equity fund – The Trium Chesapeake Global Equity UCITS Fund – which launched last month. The fund’s global, nimble
A hedge fund focusing on Russia and the former Soviet Union, Da Vinci CIS Private Sector Growth Fund, has become the first listing on the Specialist Fund Market, the London Stock Exchange’s new market
The Multi-Strategy Fund of Funds (FoHF) PCAM Select, which was launched in August 2018 with approximately USD60 million, has recently surpassed USD100 million assets under management (AUM). At the end of February 2019, PCAM Select reported more than USD140 million
