Alternative UCITS gained 1.18 per cent in October to leave them up +3.20 per cent for 2013 according to the UCITS Alternative Index Global managed by Geneva-based Alix Capital. One of the key reasons that helped contribute to October’s gains
Brooks Macdonald Funds Ltd (BMF) this week announced the imminent launch of the IFSL North Row Liquid Property Fund, believed to be the UK’s first actively managed UCITS core property fund. The fund is expected to launch in February and
BGC Partners intends to commence a tender offer to acquire all of the outstanding shares of GFI Group for USD5.25 per share in cash in a transaction valued at approximately USD675 million. BGC currently owns approximately 13.5 per cent of
The percentage of participating investors allocating liquid alternative investments rose from 28 per cent to 51 per cent year-on-year, according to a study by Deutsche Bank. The study – From Alternatives to Mainstream (Part Two) – saw almost three quarters
Frankfurt-based Tungsten Capital Management’s Artificial Intelligence CTA programme, which was taken live 12 months ago, has delivered strong returns. The firm's UCITS CTA Tungsten TRYCON Basic Invest HAIG had previously been managed as a trend follower like most of its
Luxembourg-domiciled VAM Funds is launching an enhanced equity fund, which targets absolute returns, on 8 November 2013. This addition will further strengthen the range of funds available on VAM’s UCITS IV regulated platform, which is focused on providing investors with
Morgan Stanley this week launched a new UCITS fund giving investors exposure to Dalton Investment LLC’s Asia strategy. The MS Dalton Asia Pacific UCITS Fund is the latest UCITS fund to join Morgan Stanley’s FundLogic Alternatives plc umbrella. The fund
Thames River Capital has launched the EUR37.7m Thames River Kingsway Plus fund to offer investors a more aggressive risk/return profile than the EUR345.4m Kingsway Fund by taking on twice
Cairn Capital has structured and placed GBP263.2m in commercial mortgage backed securities (CMBS) notes for Debussy DTC. The deal is the first CMBS transaction in Europe not arranged by a bank. The notes, issued in exchange for Debussy warehouse
Man Group has completed the acquisition of Numeric Holdings, a privately-owned, Boston-based quantitative equity manager with USD14.7 billion of funds under management. Manny Roman, chief executive officer of Man, says: “We are delighted to announce the completion of the acquisition
