Five major financial institutions have taken a minority stake in Chi-X Global Holdings LLC, the holding company for Chi-X market operators Chi-X Canada, Chi-X Japan and Chi-X Australia, which will launch on 31 October, 2011. It also jointly operates Chi-East,
SEI has launched new tools designed to assist investment managers in meeting mandatory requirements under the Undertakings for Collective Investment in Transferable Securities IV (UCITS) Directive. SEI has developed an online solution to simplify the production and servicing of the
Morgan Stanley this week announced a partnership with Longchamp Asset Management, a French-based asset manager that specializes in the distribution of UCITS hedge funds, and La Française AM, a multi-specialist asset manager with a 10-year track record in alternative investments.
Absolute Capital Management has won mostly comfortable majorities in support of its restructuring plans for four funds whose exposure to illiquid, hard to trade US micro-cap stocks was rev
Aquila Capital has launched a new, UCITS compliant CTA fund to the UK market. The AC Spectrum Fund is a liquid futures fund and is one of the first of its kind to offer daily rather than weekly liquidity. The
The UCITS Alternative Index Global lost -0.40 per cent in August to leave it up 1.34 per cent on a year-to-date basis. By comparison the average hedge fund has returned 4.63 per cent (through July) according to Hedge Fund Research.
With the result of October 27 shareholder votes on restructuring plans for four of its funds looming, Absolute Capital Management has announced that its Absolute Germany Fund has lifted th
JTC Group, an independent provider of private client, fund and corporate services, has acquired a substantial book of private client business from Herald Trust Company Limited, which is no longer part of the Herald Group. In addition to purchasing the
The fourth fund on Matrix’s UCITS platform was launched this week: the Cantab Quantitative UCITS Fund, a systematic global macro fund.
Schroders is to add another externally-managed fund to its Schroder GAIA platform, Schroder GAIA Avoca Credit – a fundamental credit long short strategy scheduled to launch in November 2013. Schroder GAIA (Global Alternative Investor Access) is Schroders’ alternative UCITS
