Wells Fargo Funds Management’s multi-strategy Wells Fargo Advantage Alternative Strategies Fund, the result of a collaboration between Wells Fargo Asset Management and The Rock Creek Group, has passed it’s first anniversary. The fund was designed to provide a truly diversified
dopay has secured USD2 million in seed funding from ACE & Company, Techstars Ventures and a syndicate of angel investors working for leading banks, private equity funds and hedge funds. The funds will further the launch of the company’s services
Preqin’s Real Estate Online provides comprehensive information on 76 institutional investors based in Chicago that actively invest in real estate, which collectively represent over USD57 billion invested in the asset class. Nearly a quarter of all institutional real estate investors
Fund Recs has launched Velocity, platform designed to facilitate the streamlined collection and reconciliation of data on funds serviced by administrators. Fund Recs was founded in 2013 to fix broken reconciliations, solving for the first time a significant pain point
BlackRock has launched an absolute return fund for institutional investors in Europe to meet an expected increase in demand for regulated and liquid alternative investments. The BlackRock Multi-Strategy Absolute Return Fund is the firm’s first UCITS-compliant multi-strategy alternative fund in
TradingScreen, an independent provider of electronic trading solutions, and a group of 15 European long-only asset managers have launched TradeCross, the first buy side-designed crossing platform for fixed income corporate bonds. With the support and collaboration of these asset managers,
Convergex, an agency-focused global brokerage and trading related services provider, has just completed its best-ever quarter of growth for its prime services business. From January to March of 2015, Convergex Prime Services added more assets under management from new clients
Portfolio analytics and intelligence platform Novus has partnered with Thalia, a provider of hedge fund investment solutions based in Switzerland with USD1.8 billion in assets under management and advisory. Transparency within hedge funds has significantly increased since the financial crisis,
The Alternative Investment Management Association (AIMA), the global hedge fund association, has published an updated Fund Directors’ Guide, which is designed to be used by investment managers, fund promoters and existing and prospective fund directors. The Guide, last published in
Irish Funds is predicting the government’s announcement permitting Irish domiciled funds to invest in the Chinese securities market via the Shanghai-Hong Kong Stock Connect Scheme, will prompt dozens of applications from investment managers. Pat Lardner, CEO at Irish Funds, says:
