Funds
Shinnecock Partners has launches an open-ended, standalone dedicated alternative art lending fund, ALF, building on its seven-year non-bank lending history and fine-art secured lending experience.
“Niche investment strategies offer the most compelling investment opportunities in today’s low yield environment,” says Alan Snyder (pictured), managing partner of Shinnecock Partners. “The art market is vibrant and growing, and boutique lenders like Shinnecock have a competitive edge. Speed of execution, flexibility to custom tailor a loan, constructive insights and independence from auction houses or tied-in banking relationships combine for custom adaptability in loan terms.”
Deloitte Touche Tohmatsu Ltd. reported last year that outstanding art secured
Hedge fund managers ended April 2019 up 1.05 per cent on an equal-weighted basis, and 1.00 per cent on an asset-weighted basis. Roughly 70.6 per cent of the hedge fund managers tracked by Eurekahedge recorded positive returns over the month.
Fund managers focusing on North America overtook their Asian peers and topped the chart across geographic mandates by returning 6.72 per cent year-to-date.
Across strategies, long/short equities mandate maintained their top spot based on April 2019 year-to-date performance.
iM Global Partner and Dynamic Beta investments (DBi) have launched the iM DBi Managed Futures Strategy ETF, one of the first actively-managed Managed Futures exchange traded funds (ETF) on the market.
In a context of markets turmoil, iM Global Partner and DBi are deeply convinced that the iM DBi Managed Futures Strategy ETF should meet investors’ needs of liquidity and transparency.
The Fund’s objective is long-term capital appreciation by investing in multiple asset classes such as equities, fixed income, currencies and commodities through futures and forwards contracts.
The iM DBi Managed Futures Strategy ETF seeks to achieve its objective by
Adams Street Partners, a private markets investment management firm with USD37 billion of assets under management, as successfully completed fundraising for its inaugural Private Credit programme with approximately USD1.1 billion of capital available to deploy, including leverage.
Since the launch of the private credit strategy in 2016, Adams Street has seen strong demand from institutional investors worldwide, with commitments from both new and existing investors in the United States, Europe, and Asia. The diverse array of investors included public and corporate pension plans, insurance companies, foundations, family offices and high net worth individuals.
“We were pleased to receive such
The State Street Global Investor Confidence Index increased to 79.5 in May, up 6.6 points from April’s revised reading of 72.9.
Confidence among North American and European investors improved, with the North American ICI rising from 71.3 to 76.7, and the European ICI rising from 86.6 to 92.5. By contrast, the Asia ICI dropped by 4.2 points to 88.4.
The Investor Confidence Index was developed by Kenneth Froot and Paul O’Connell at State Street Associates, State Street Global Exchange’s research and advisory services business. It measures investor confidence or risk appetite quantitatively by analysing the actual buying and selling patterns
KRM22, a technology and software company focused on risk management in capital markets, is to acquire Object+, a risk management and post-trade services technology company for capital markets firms.
Based in the Netherlands with offices in Amsterdam and Chicago, Object+ services global banking and trading firms across Europe, North America and Asia. Its market risk management technology includes real-time P&L and margin management, as well as pre-trade order limit management capabilities.
The acquisition represents another milestone in the evolution of KRM22’s risk management offering. KRM22 offers post-trade market risk solutions through previous acquisitions and partnerships, and adding Object+ capabilities
Artificial Intelligence-powered hedge fund, Castle Ridge Asset Management Limited (Castle Ridge), has secured a strategic investment from Canaccord Genuity Group (Canaccord Genuity), a global financial services firm that specialises in wealth management and capital markets.
The investment will enable Castle Ridge to expand its distribution channel with Canaccord Genuity Wealth Management, which manages over USD60 billion in client assets in Canada, the UK & Europe and Australia.
Adrian de Valois-Franklin, CEO of Castle Ridge, says: “We are thrilled to be backed by an investor with such global reach. Together, we believe Castle Ridge represents the future of asset management. Our
Net sales of UCITS and AIFs totalled EUR6 billion, down from EUR13 billion in February, with UCITS registering net inflows of EUR13 billion, up from EUR6 billion in February, according to the latest Investment Fund Industry Fact Sheet from the European Fund and Asset Management Association (EFAMA).
Long-term UCITS (UCITS excluding money market funds) recorded net inflows of EUR16 billion, up from EUR10 billion in February.
Equity funds registered net outflows of EUR23 billion, compared to net inflows of EUR4 billion in February, while net sales of bond funds increased from EUR43 billion, from EUR14 billion in February, and multi-asset funds recorded net outflows
Regulatory compliance consulting firm, Argus Global has fully integrated two business acquisitions: Ace Success, a Singapore based secretarial, accounting and tax practices company; and Argus Compliance India Private Limited, a subsidiary company, based in India, offering a multi-disciplinary and comprehensive bouquet of services in Singapore and India.
“The company is already looking to expand in Asia within three years and has set a revenue target of SGD50 million within five years,” says CEO Sachin Gandhi.
Argus Global’s clienteles in Singapore are mostly entities who are regulated by, or wish to be regulated by, the Monetary Authority of Singapore (MAS) effective
Canadian institutional investors are seeking to further increase their overall allocations to alternative investment strategies, including real estate, private equity, infrastructure, private debt and hedge funds, according to a new study published by CIBC Mellon.
The report, “Race for Assets: Canada vs the World,” found that among the various alternative sub-asset classes, real estate (42 per cent) is most favoured among Canadian investors surveyed, followed by infrastructure (20 per cent), private equity (18.7 per cent), private debt / loans (17.9 per cent), and hedge fund investments (1.4 per cent). Private equity led the way in terms of satisfaction, with 47
