Fund and fiduciary services specialist, Abacus, has acquired Isle of Man-based fund administrators, Portal Fund Administration Limited. The acquisition, which is a key part of Abacus’ ongoing development strategy, further reinforces Abacus’ position as one of the largest service providers
Edinburgh-based Nettle Capital Management LLP has become one of the first managers to receive FSA authorisation for a UCITS IV fund.
A new addition to HSBC Global Asset Management’s Lux-based Global Investment Funds SICAV was announced this week.
French asset management company Prim’Finance, has launched a new UCITs III commodities fund, which invests only in the energy, base metals and precious metals sectors. Prim Commodities is not invested in stocks of companies involved in these three sectors, but directly in commodities using
French regulator, Autorité des Marchés Financiers (AMF), has come out in support of the European Commission’s intention to strengthen risk management rules for Ucits to l
Henderson Global Investors is to soft close two of its Ucits effective from 30 November 2011 having almost reached capacity.
Neptune Investment Management is to launch the Neptune Global Long/Short Sector Fund on 1 November 2011 reported Hedgeweek, as the firm looks to leverage its sector research to full p
Alternative Ucits funds recorded more losses last month with the UCITS Alternative Index Global shedding another 1.33 per cent to leave it down 3.85 per cent for the year.
Independent fund services provider Butterfield Fulcrum, and Luxembourg Investment Solutions SA (LIS), a regulated (UCITS-licensed) management company, have signed a strategic cooperation agreement to provide a complete suite of management company and fund administration services in Luxembourg. This relationship offers
Irish start-up, Fund Recs, a developer of cloud-based reconciliation software to global fund administrators to to provide trade processing solutions for Capita Asset Services fund business in Ireland. Fund Recs software will be used to automatically capture trades from Fund
