The Swiss banking group Syz & Co has launched Oyster Market Neutral Plus, a new sub-fund of Oyster, its Luxembourg UCITS SICAV. The fund is an increased leverage version of the Oyster Market Neutral fund, whose neutral beta long/short strategy
Following consultation with the US Securities and Exchange Commission, Euronext has received new class no-action relief for foreign options markets, enabling it to offer Dutch and Belgian equity options to certain eligible US investors. The no-action relief applies to a
BNP Paribas Securities Services is to acquire Prime Fund Services (PFS), a provider of fund administration, custody and banking solutions for alternative investment managers, from Credit Suisse. The move is part of BNP Paribas Securities Services’ strategy to develop its
Lyxor Asset Management, now a fully licensed alternative investment fund manager (AIFM), has launched two AIFMD compliant funds of managed accounts. The Lyxor Diversified Fund (LDF) and the Lyxor Focus Fund are liquid, multi-strategy funds invested across the hedge funds
Emerging markets specialist Fund Management Group (FMG) has launched a UCITS-compliant version of the Rising 6 Fund, designed to provide investors with exposure to China, Russia, Brazil, Ind
Man Group has reported a positive first half to the year with funds under management, gross sales and net inflows all showing increases during the period. Funds under management (FUM) are up seven per cent to USD57.7 billion (31 December
Twelve Capital has opened an office in London having received authorisation from the UK Financial Conduct Authority (FCA) to operate as a MiFID investment firm. Within four years of operation in Zurich and supported by strong performance generation, Twelve Capital
The first half of 2014 saw a new milestone reached in the alternative UCITS sector with assets under management (AUM) growing by 15.6 per cent to EUR184.2 billion, according to the Alceda Half Yearly UCITS Review. However, alternative UCITS strategies
Pictet Asset Management (Pictet AM) has expanded its Total Return fund range with the launch of PTR-Agora, an equity market neutral fund with a long/short investment approach. The fund managers aim to identify catalysts that will have an impact on
Preqin evaluates investor appetite for liquid alternatives and managed account structures, and examines the reasons behind investors’ growing interest in these specialized structures, based on the results of surveys with 100 institutional investors in hedge funds and 150 hedge fund
