Apex Fund Services (Apex) is rebranding Equinoxe Alternative Investment Services’ Bermuda entity as Apex Insurance Fund Services. This change reflects Apex’s established 15 year presence and comprehensive offering in the Bermuda market. Apex announced its acquisition of Equinoxe Bermuda in
Alcentra, the alternative fixed income specialist for BNY Mellon Investment Management (IM), has held the final close of Clareant Structured Credit Opportunities Fund III at USD513 million, surpassing its fundraising target of USD300 million. This fundraising brings assets under management
Brown Advisory, a USD76 billion, employee-owned, global investment firm, has launched the Global Leaders Sustainable Fund under its Dublin-UCITS umbrella. The new UCITS Fund adds environmental, social and governance (ESG) screens to Brown Advisory’s top quartile performing Global Leaders Strategy.
The European Energy Exchange (EEX) increased volumes on its power derivatives markets by 12 per cent in April 2018 to 246.6 TWh (April 2017: 220.7 TWh). In particular, the markets for Italy (38.8 TWh, +100 per cent) and France (19.8
Vontobel Asset Management’s Clean Technology fund has added new impact indicators to “Potential Avoided Emissions” (PAE) and carbon footprint reporting giving investors the opportunity to shift from the current focus on mitigating ESG risks to positive impact considerations. The Vontobel
The hedge fund redemption trend stretched to three straight months in August as the industry experienced USD11.3 billion in outflows, according to the Barclay Fund Flow Indicator published by BarclayHedge. August’s redemptions represented 0.4 per cent of industry assets and
Multi-boutique investment company BennBridge is launching a new boutique asset management business, Skerryvore Asset Management, in partnership with emerging market equities manager Glen Finegan. BennBridge, which has established offices in London and New York, is part of the BFM Group
River and Mercantile Derivatives, part of River and Mercantile Group, has been awarded a GBP1.2 billion structured equity options mandate for Worcestershire County Council Pension Fund (the Fund). The Fund was seeking downside protection for its passive UK, US and
The founding CEO of The Crypto Company, one of the first publicly traded companies investing in blockchain, has formed a specialised hedge fund to directly invest in businesses associated with distributed ledger technologies (DLT). Mike Poutre, a three-time CEO of
London-based asset management consultancy MJ Hudson is to acquire the Jersey administrator, Anglo Saxon Trust (AST), subject to Jersey Financial Services Commission regulatory approval and certain other conditions. AST is an established provider of company and trust formation, registrar and
