BNY Mellon has been appointed by Oddo Asset Management (Oddo AM) to provide fund administration and custody services for its new hedge fund, Orsay Merger Arbitrage. Oddo AM, the asset management branch of French financial services group Oddo & Cie,
Deutsche Bank and Traxis Partners (Traxis) have launched a UCITS compliant version of the Traxis Global Equity Macro fund. The UCITS fund, called DB Platinum Traxis Global Equity Macro, was launched on Deutsche Bank’s DB Platinum platform on 1
In its latest quarterly UCITS survey, ML Capital reported that investors very much favour CTAs and Global Macro strategies.
Cordium has acquired Zodiac Advisory Services, a provider of compliance, risk, accounting and governance services for the investment management industry in Malta. 

 The acquisition is Cordium’s third in as many months, following the purchases of The Sigma Partnership and
London-headquartered systematic investment manager, Aspect Capital, has officially launched the Aspect Diversified Trends Fund.
On the back of closing its Asian hedge fund last October (RAB-Pi Asia Fund), London-based RAB Capital is very much focused on its UK managed funds as it looks to consolidate its op
A quick look at the end-of-month returns for UCITS-compliant hedge funds, as reported by US-based Hedge Fund Research in its HFRX Index, shows that macro strategies have stuttered
UK-based Blacksquare Capital has launched a multi-manager UCITS III-compliant fund that will seek to target annualised volatility of 8 per cent: one of the first ever multi-manager
Edouard Carmignac is preparing to launch his first new fund in four years, reported Citywire this week.
BNY Mellon has signed an agreement to acquire the remaining 65 per cent interest of HedgeMark International, a current affiliate and a provider of hedge fund managed account and risk analytic services. The deal is expected to close in the
