Toronto-based Acuity Investment Management has launched a new pooled fund that combines long and short strategies, the Acuity Pooled 130/30 Fund, to help investors maximise return potentia
Elliott Management Corporation has sent a letter to the board of directors of Riverbed Technology offering to acquire all of the firm’s outstanding shares of common stock at USD19.00 per share in cash. Elliott, affiliates of which collectively own or
Bitcoin, gold and sterling exchange Netagio has partnered with Isle of Man payment services provider WalPay, allowing customers to deposit funds and receive international payments in GBP, EUR and USD. Further currencies are to follow. The new banking facilities,
Alceda Fund Management SA has teamed up with APN Property Group (“APN”), a specialist Asia Pacific real estate investment manager to redomicile a former Cayman fund to a Luxembourg SICAV Specialised Investment Fund (SIF). The fund strategy invests in a
Spring Valley Asset Management (SVAM), a newly formed alternative investment manager specialising in the development of quantitative futures-based trading strategies, has launched the SVAM Tactical Trend Portfolio. The Tactical Trend Portfolio seeks to generate superior absolute and risk-adjusted returns across
Highland Capital Management has launched its first European regulated fund and will act as the sub-advisor of the BB Highland Floating Rate Fund. The fund has been launched as an Irish Qualified Investor Fund (QIF) in partnership with BB DTVM,
The performance of traded life settlement vehicle Assured Fund at a time of unprecedented volatility is attracting major institutional interest, according to fund manager Policy Selection,
CBOE Futures Exchange plans to launch futures trading on the CBOE/CBOT 10-year US Treasury Note Volatility Index (VXTYN) beginning on 13 November, pending regulatory review. CBOE chief executive Edward Tilly made the announcement during his address to attendees at the
The most recent rebalance of the Global X Guru Index exchange-traded fund (GURU) saw 11 additions and 13 removals from the fund, while 45 components remained unchanged. GURU sector allocation reveals that hedge fund managers are overweighting industrials with their
US Bancorp Fund Services has agreed to acquire Quintillion Limited, an Ireland-domiciled full-service hedge fund administrator. The announcement supports US Bancorp Fund Services’ initiative to expand its alternative investment servicing network supporting the European investment community. “This acquisition continues
