Carne Group has become the first European independent management company solution authorised under the Alternative Investment Fund Managers Directive (AIFMD). The management company has been approved by the Central Bank of Ireland and is available immediately for fund managers
The UCITS Alternative Index Global posted gains of 0.21 per cent in April according to Alix Capital, who host the index. This puts the index at +1.80 per cent for 2013, compared to +1.28 per cent through April last year.
Polar Capital is preparing to launch a convertible bond fund reported FTadviser this week. The Polar Capital Global Convertibles fund will be domiciled in Dublin, subject to regulatory approval, and is to be managed by David Keetley and Steve McCormick.
Picton Mahoney Asset Management is to close its Neutral Equity Fund to new investments on or before September 28, 2007.
Alternative UCITS funds have delivered a good start to 2013 with the sector growing in terms of number of funds as well as assets under management, according to the Alceda Quarterly UCITS Review. Tracking the Absolute Hedge Global UCITS
Morley has launched the UK Equity Long/Short hedge fund, which aims to deliver absolute returns to investors with significantly lower volatility than the FTSE All Share Index, to be manage
Thierry Serero, a top-performing manager formerly at C60 Capital and Fidelity Investments, has joined New Star Asset Management to manage the New Star European Opportunities Hedge Fund, a
Prestige Fund Management (PFM), a Cayman-based investment manager, has purchased a significant equity stake in Methexis Holdings, an Isle of Man-based corporation and owners of Methexis Capital Advisors, a UK-based regulated investment manager. Prestige will now be represented on
RIMES, a leader in managed data services, has flagged the challenges presented by the European Securities and Markets Authority’s (ESMA) consolidated guidelines on ETFs and other UCITS issues to investment managers throughout Europe. Continual product innovation and sophisticated investment
Following a strong start in Q1 2013, alternative UCITS funds have continued the positive trend in Q2 2013, with assets under management (AUM) growing by 8.3 per cent from EUR96.6bn in March 2013 to EUR104.6bn at the end of Q2,
