Ayaltis has launched a new fund, Narrapuno SPC Convergence, which aims to leverage the firm's experience and insight in the multifaceted strategies of the credit market. This fund of fund concept focuses on the singular opportunity set, which has evolved through the bank
The SS&C GlobeOp Forward Redemption Indicator for June 2015 measured 4.72 per cent, up from 4.68 per cent in May. “SS&C GlobeOp’s Forward Redemption Indicator for June 2015 of 4.72% reflects normal seasonally-elevated redemption requests, but viewed year-over-year it is
MUFG Investor Services, the global asset servicing group of Mitsubishi UFJ Financial Group, is to acquire UBS Global Asset Management’s Alternative Fund Services (AFS) business. “This transaction is part of our strategy to build MUFG Investor Services into an industry-leading
New hedge fund launches rose to the highest level in three quarters in Q1 2015, as strong performance industry-wide drove both total global hedge fund capital and the total number of hedge funds to record levels. Hedge fund launches totalled
Franklin Templeton Investments has amended the objectives for its three Luxembourg-registered multi-asset funds to include return and volatility targets effective 19 June. The funds, which are part of the Franklin Templeton Investments Fund (FTIF) range, will also be renamed
Liquidnet is integrating with seven Order Management Systems (OMS) to provide direct connectivity into the first dark pool for corporate bonds, which is scheduled to launch in Q3. Through these integrations, Liquidnet is centralising a critical mass of corporate bond
Hedge funds were up 0.92 per cent in May, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index has gained 4.58 per cent year to date. “Developed market equities lead the way to a profitable month for
Markit has launched an Alternative Investment Fund Managers Directive (AIFMD) external valuer service providing independent valuations for alternative investment fund managers. Markit’s aim is to help customers address the statutory and policy requirements of fund managers, regulators and investors for
European policy makers have proposed money market fund (MMF) reforms relatively similar to the US changes slated to take effect next year, says Moody's Investors Service in a new report. "As in the US, the goal in Europe is to
May proved to be a tricky month for CTAs. According to Lyxor index figures, long term and short term CTAs were the only two strategies to post negative returns, down -0.95 per cent and -3.71 per cent respectively. Although they
