Alternative investment firm Saba Capital Management has launched CEFS, an actively managed ETF that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value (NAV) and hedging the ETF's risk to rising
By Ronan Guilfoyle (pictured) and Casey McDonald, independent directors, Calderwood, a Cayman Islands Fund Governance Firm – It is not uncommon these days for an investment fund to find itself in the situation where it may be able to recover certain assets
Lalpina Water (American Premium Water Corporation), a producer of high-quality alkaline water, now has a New York hedge fund among its customers. In an effort to promote a healthy workplace, Blackbridge Capital has purchased a six-month supply of Lalpina Water
Bats Europe has launched the Bats Brexit 50/50 Indices, two benchmark indices designed to reflect the impact of the UK’s decision to leave the European Union on UK companies. The two indices – the Bats Brexit High 50 and Bats
According to Hedge Funds Research, hedge funds this year have experienced more than USD50 billion of net outflows, continuing a theme that began back in Q4 2015. Prior to this, the industry had enjoyed a near constant quarter-on-quarter increase in
Ultimus Fund Solutions has been selected to launch and service the Peachtree Alternative Strategies Fund, a non-exchange traded closed-end fund. The fund, which originally started as a private fund of hedge funds, converted to a registered 1940 Act investment company,
Smith, Graham & Co Investment Advisors, a USD6 billion institutional solutions based asset manager, has acquired the Five Mile Capital Partners’ residential mortgage team, an alternative investment manager, led by Brian Tortorella, managing director. The acquisition will further strengthen SGIA’s focus
With investors concerned over the impact that a rising rate environment could have on their fixed income portfolios, the need to look for alternative solutions to hedge against, and even profit from, widening yields, is becoming paramount. James Williams (pictured)
Malta will benefit more than any other financial centre in Europe from Brexit, according to international asset management firm Managing Partners Group (MPG). While Malta offers financial firms wishing to operate in the European Union several benefits, the alternatives all
Brazilian investment manager Captalys has launched its first offshore fund with the support of Apex Fund Services as administrator. Captalys has BRL1.5 billion in AUM and invests in Brazilian private credit. The onshore fund has a six-year track-record (returning
