AlphaMetrix LLC, founder of the AlphaMetrix Global Marketplace (AGM), has acquired the hedge fund managed account assets of WR Group LLC. The acquisition of WR’s managed account assets across multiple strategies and asset classes will serve to strengthen the depth
Prestige Funds, a specialist in the management and distribution of direct lending funds, has launched a new multi-manager investment fund that will specialise in allocating to both UK and international private debt and high yield credit managers. ‘Multi Finance Opportunities
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for January 2019 measured 3.59 per cent. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 1.11 per cent in February. “SS&C GlobeOp’s Capital Movement Index
Abacus Group, a provider of IT services for alternative investment firms, has completed the acquisition of competitor Proactive Technologies. The two companies will merge under the Abacus Group umbrella. Since its founding in 2007, Proactive has grown to service over
Assets under management in hedge funds worldwide rose to USD2.6trn during 2007, despite the impact of the credit crunch on investor appetites in the second half of the year, according to r
An overwhelming majority (91 per cent) of investors in alternatives believe that the UN Sustainable Development Goals (SDGs) will help the financial industry address pressing environmental and social issues. A quarter of them already integrate the SDGs into their investment
Red Kite Management, which specialises in investment in the metals markets, has announced that it is in the final stages of launching a new product under the name Hong Feng Zheng, the Chin
London-based Explorer Capital has launched The Explorer Russia Fund, a dedicated long/short equity fund seeded by DB Advisors Capital Management, part of Deutsche Bank’s Asset Management d
Independent asset manager Unigestion has enhanced its Environmental, Social and Governance (ESG) capabilities by implementing an ESG Risk Ratings solution from Sustainalytics. The solution will help Unigestion to further refine its existing in-house ESG indicators at a security level and
Axa Framlington Absolute Return Gemini Worldview, a top-down thematically driven global equity strategy fund managed by Mark Tinker, has enjoyed a return of 16.41 per cent in just over six
