Assured Guaranty’s subsidiary Assured Guaranty US Holdings (AGUS) is to acquire all of the outstanding equity interests in BlueMountain Capital Management (BlueMountain) and its associated entities for a purchase price of approximately USD160 million, subject to certain adjustments. BlueMountain is
PGIM Investments has added a new liquid alternatives fund to its UCITs platform – the PGIM QMAW Keynes Systematic Absolute Return Fund – the first fund from Wadhwani Asset Management since its acquisition by PGIM in January 2019. The fund
Financial services provider Siebert Financial Corp is to purchase Weeden Prime Services (Weeden Prime), a prime brokerage services provider. When the deal completes, Weeden Prime will become a wholly-owned subsidiary of Siebert. Founded in 2009, Weeden Prime is a
Schroders has launched two new funds on its alternative UCITS platform, giving investors access to both a US equity long-short fund and a US equity market neutral fund. Schroder GAIA Nuveen US Equity Market Neutral and Schroder GAIA Nuveen US
The European Energy Exchange (EEX) slightly increased volumes on its power derivatives market in September to 380.5 TWh (September 2018: 377.1 TWh). The largest growth rate was recorded in Austrian Phelix-AT Futures where trading volumes more than tripled year-on-year to
BITREAL Capital has been granted marketing authorisation and registration by the German Federal Financial Supervisory Authority (BaFin) for the BITREAL Real Estate Blockchain Opportunities Fund 1 GmbH & Co KG (BREBCO 1). Set up as a Spezial AIF, BREBCO1 is
The rise in popularity of ETFs in recent years, as well as the continuing appeal of mutual funds has seemingly given index-based products the upper hand in the old passive versus active investment debate. But could active management be posed
Following a strong June, CTAs continued to make gains and reported positive performance in July too, according to the lates performance figures from Societe Generale Prime Services for the SG CTA Indices. The SG CTA Index was up +3.53 per
Neudata has secured a new USD600,000 round of financing from a consortium of investors which includes all of the firm’s previous investors, as well as new investors, including the founder of a hedge fund research and data business. Dr Robert
TOBAM, a Paris-based quantitative asset manager and founder of the Maximum Diversification approach, has been awarded the LuxFLAG ESG label to its full range of funds. LuxFLAG independently verifies TOBAM’s incorporation of sustainable principles throughout its investment process and showcases
