Fears of an imminent rate hike in the US have faded as a result of data releases being below expectations. A number of Fed speakers also made the case for holding off on the first rate hike. As a result,
Altana Wealth, the investment management group founded by Lee Robinson, has launched a UCITS version of its absolute return Altana Corporate Bonds Fund (ACBF). The UCITS fund, which is unconstrained, is now open to outside investment and launched with EUR15
A fund managed by Ares Management’s commercial finance platform is to acquire the asset-based lending portfolio of First Capital Holdings, a commercial finance company that provides asset-based loans and factoring to small and middle-market companies. First Capital is a portfolio
With capital efficiencies being such a hot ticket issue for hedge funders today, any opportunities to trade with a greater level of efficiency are surely welcome.
Event-driven manager Burren Capital Advisors has launched its Global Arbitrage equities fund on the MontLake UCITS platform, which provides investors with access to a range of liquid, transparent and regulated investment products domiciled in Dublin. The MontLake Burren Global Arbitrage
The Credit Suisse Hedge Fund Index finished up 0.60% for the month of March, with half of the ten sub-strategies finishing the month in positive territory. Managed Futures led the way with a return of 2.40%, followed by Global Macro
BATS Global Markets (BATS) has filed rules to launch a second options exchange – EDGX Options – with the Securities and Exchange Commission (SEC). BATS is planning to launch the new exchange in November 2015, pending SEC approval. EDGX Options
Omgeo has launched new global custodian and prime broker automation capabilities in Omgeo ALERT, the online global database for the maintenance and communication of account information and SSIs. The release, ALERT 5.0, includes the Global Custodian Direct feature, which enables
Global advisory, fund administration and fiduciary services firm Maitland has acquired 100 per cent of Phoenix Fund Services, a UK based company offering bespoke outsourced fund administration services to investment managers in the UK and offshore. The deal boosts Maitland’s
Liquid Holdings Group has signed a joint marketing agreement with ConvergEx Prime Services, the prime services division of ConvergEx Group. Under the terms of the agreement, ConvergEx Prime Services will offer the Liquid platform as an option to its broad
