AllianceBerstein, the global asset management firm with some USD406billion in assets under management, has launched a s
The Reserve Funds’ Reserve Yield Plus Fund has received both a AAAf rating from S&P, and a Short-Term Fund credit rating of Aaa from Moody’s. In addition, the Fund
A group of New Zealand-based alternative asset managers is hoping to see the country develop as a destination of choice for hedge funds. In a bid to raise industry
The UK Treasury has taken a step forward in its bid to maintain the country’s position as a competitive funds domicile by launching a consultation on the introduction of authorised tax-transp
Verrazzano Capital, the European equity specialist investment boutique founded by Guillaume Rambourg, has launched the Verrazzano Advantage European Fund. The fund, a UCITS-compliant Luxembourg SICAV structure, aims to achieve long-term capital growth by investing at least 80 per cent of
The Post-Trade Distributed Ledger (PTDL) Group, which brings together major post-trade industry participants and regulators to share information and ideas about how distributed ledger technology can transform the post-trade landscape, is to merge with the Global Blockchain Business Council (GBBC),
BMO Financial Group has completed its acquisition of KGS-Alpha Capital Markets (KGS), a New York-based fixed income broker-dealer specialising in US mortgage-backed (MBS) and asset-backed securities (ABS) in the institutional investor market. BMO announced the acquisition on 1May 1 2018.
The total value of funds business in Guernsey is at a five-year high following a predicted rise in net asset value in Q2 2018, according to the latest figures from the Guernsey Financial Services Commission. The figures for the end
New market entrant Havelock London has launched the Global Select Fund, which it says combines the best of data science with traditional investment management. Sitting at the core of Havelock London’s investment discipline is its approach to ‘AI’, which it
BNP Paribas Securities Services this week announced the launch of a major investment programme to expand its hedge fund and FoHF administration services for both offshore and onshore UCITS f
