Oslo-based DNB Asset Management, the fund management arm of DNB, has decided to take advantage of its specialist knowledge of its domestic market by launching a Norway-focused absolute retur
Avelacom, a provider of global connectivity and IT solutions provider for the financial services industry, has selected Interxion as its data centre partner in Ireland. As Dublin’s financial industry continues to thrive with the growth of fintech, banking and cryptocurrencies,
Neuberger Berman is launching a UK-domiciled fund range, with the group’s first strategy a global long/short equity portfolio run by investor Steve Eisman and team. The new fund range provides UK investors with the broadest accessibility to Neuberger Berman’s innovative
Hedge funds were up 0.4 per cent last week as measured by HFRX indices and are up 0.6 per cent so far in February, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. Lyxor writes: “CTAs, which
Pictet Asset Management announced this week the launch of its latest Lux-domiciled UCITS fund.
Investors pulled a modest USD1.66 billion from the global hedge fund industry in January. However, strong hedge fund performance almost across the board in January offset those redemptions, lifting total industry assets to USD3.214 trillion, according to eVestment’s January 2019 Hedge
Fund administrator Apex Group (Apex) has acquired Beacon Fund Services (Bermuda) Ltd, Beacon Corporate Services Ltd and Beacon Management Ltd (Beacon). Apex is a portfolio company of Genstar Capital. The acquisition of Beacon, a Bermuda-based fund administrator, adds USD10 billion in
Most Alternative UCITS funds were off to a very good start in January, according to the LuxHedge Global Alternative UCITS Index which posted a solid gain of +1.30 per cent to start the year, well recuperating December losses. Four out
Mackenzie Investments has launched three new liquid alternative funds designed to manage the negative impact of market volatility and improve portfolio stability. The funds join the Mackenzie Multi-Strategy Absolute Return Fund to form a suite of alternative solutions that
The Eurekahedge Hedge Fund Index rose 2.35 per cent in January 2019, recording its strongest January performance since 2006 as fund managers recovered from the losses sustained during the last few months of 2018. The index ended 2018 with its
