Neuberger Berman has launched the Neuberger Berman Multi-Asset Income Fund, which seeks to provide current income and capital appreciation by investing across a diverse range of global, income-producing asset classes. The fund, managed by Neuberger Berman's experienced Multi-Asset Class investment
The Credit Suisse Liquid Alternative Beta Index (CSLAB), which aims to reflect the performance of the overall hedge fund industry, finished up 0.29% in March. The Managed Futures strategy was the strongest performer, finishing up 4.28% in March, and remained
CBOE Futures Exchange (CFE) has reported a month-on-month increase in March in average daily volume (ADV) and monthly total volume, both exchange-wide at CFE and for futures on the CBOE Volatility Index. Both totals though, are down from level achieved
JP Morgan Asset Management Global Real Assets (GRA) has launched Tactical Direct Investments (TDI), a dedicated cross-real assets group. Under the leadership of Avik Mukhopadhyay, Head of Global Real Assets Tactical Direct Investments, the TDI team will help clients access
ACE Limited and BlackRock have launched ABR Reinsurance, an innovative, independent reinsurance company. Through unique long-term arrangements, ACE Group will be the sole source of reinsurance risks ceded to ABR Re, and BlackRock will be ABR Re’s exclusive investment management
Guernsey is at the forefront of standards on tax transparency and information exchange, according to Tony Mancini, Head of Tax at KPMG in Guernsey. Interviewed by Caroline Hyde on Bloomberg’s Countdown show, Mancini was questioned on how Guernsey was responding
Dermot Butler, former Chairman of Custom House Group, and Lancelot Frick, Principal of Frick Capital, have formed SwissRepCo to help non-Swiss fund managers market their funds in the country following recent regulatory changes. FINMA, the Swiss Financial Market Supervisory
Redi2 Technologies, the premier provider of hosted fee billing and revenue management solutions to the global financial services industry, announced today that Pershing LLC, a Bank of New York Mellon company, has licensed the Redi2 Revenue Manager[WMSP] enterprise billing system
By James Williams, Managing Editor, Hedgeweek – January proved to be a sluggish start for hedge funds. According to the Preqin All-Strategies Hedge Fund Benchmark, the average hedge fund returned 0.07 per cent although unlike James Bond, this was hardly likely
RiverPark Advisors has launched the RiverPark Focused Value Fund (Institutional: RFVIX; retail: RFVFX), a high conviction strategy to be managed by former hedge fund manager David Berkowitz. Berkowitz is also joining RiverPark as the firm’s new co-chief investment officer. He
