This year, in the traditional equity L/S strategy category one fund has stayed consistent: Fidelity International’s Fidelity Active Strategy (FAST) Europe 1 EUR ACC fund.
Attorneys from Houston’s Ahmad, Zavitsanos & Anaipakos are representing a group of investors in a lawsuit filed against hedge fund auditors Ernst & Young after the group lost more than USD17m following the collapse of a Plano, Texas-based hedge fund
Northern Trust has appointed Dane Fannin as global head of securities lending. Mark Snowdon has been appointed to lead Capital Markets for the firm in Asia-Pacific (APAC). Fannin, who joined Northern Trust in London in 2006, was most recently head
CBOE Futures Exchange, LLC (CFE) plans to launch trading on the CBOE NASDAQ-100 Volatility Index futures contract beginning on Wednesday, 23 May, pending regulatory approval. VXN, which measures the volatility of the NASDAQ-100 Index, is calculated through the application of
RiverNorth Capital Management (RiverNorth), an investment management firm specialising in opportunistic strategies, has launched the RiverNorth Opportunistic Municipal Income Fund, a new municipal bond-focussed closed-end fund. RiverNorth will act as the investment adviser to the fund, and MacKay Shields will
Liquidnet, a global institutional investment network, has appointed Brian Conroy as President, effective immediately. Conroy will work in partnership with CEO and Founder, Seth Merrin, and share the responsibility of providing strategic leadership for the company with a focus on
London-based RMG Wealth Management is apparently planning to launch its inaugural UCITS fund for UK clients before year-end reported FT Adviser this week.
RMF, a core investment manager of Man Investments, has agreed a seeding arrangement with the CCC Carbon Fund. The fund is an investment vehicle that acquires emissi
Alternative investment manager Coast Asset Management has sold a minority ownership interest to private equity and venture capital firm Summit Partners. Summit Part
Volante Technologies, a provider of software for accelerated financial message integration and end-to-end payments processing, has released Volante Designer version 6.0,a major release allowing banks and financial institutions to address the increasing industry demand for API, cloud and microservices enablement.
