Funds
Accelerate Financial Technologies has launched three zero management fee, performance fee only alternative exchange traded funds (Accelerate Alt ETFs).
Each Accelerate Alt ETF has closed the initial offering of units, and is now trading on the Toronto Stock Exchange (TSX).
“Accelerate was founded with the mission to democratise alternative investments by offering hedge fund and private equity-like strategies in low-cost ETFs accessible by any investor,” says Julian Klymochko, CEO at Accelerate.
The Accelerate Private Equity Alpha Fund (ALFA) seeks to achieve long-term capital appreciation and to replicate the returns of private equity funds over the long term by investing
iM Global Partner and Polen Capital are now offering Polen Capital’s Global Growth strategy to investors in a UCITS fund hosted by Amundi. The fund seeks to outperform – after applicable fees – the MSCI All Country World Index (ACWI) over any given five-year period.
The fund is managed by US-based Polen Capital, an independently-owned global growth equity investment firm that provides high value-added, quality growth investment strategies to clients worldwide. Polen Capital assets were over USD25 billion as of 31 March, 2019 and the firm has a 30-year track record of strong performance. Polen Capital was also recognised as one
BlackRock has completed the acquisition of eFront, an end-to-end alternative investment management software and solutions provider.
BlackRock says the combination of eFront with Aladdin will set a new standard in investment and risk management technology, vastly expanding Aladdin’s alternatives capabilities and providing a whole-portfolio technology solution to clients.
“As more investors incorporate alternatives into their portfolios, the ability to seamlessly manage portfolios across public and private asset classes on a single platform is critical,” says Rob Goldstein, Chief Operating Officer of BlackRock. “eFront will extend Aladdin’s end-to-end processing capabilities in alternative asset classes, enabling clients to get an enterprise view
StatPro Group, an AIM-listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has secured a three-year contract, including a significant uplift in annual value with an EU investment manager for Revolution Delta, with a minimum contract value of EUR1.2 million.
The investment manager currently uses Revolution Delta for a variety of purposes but has now added a new module to cover the new EU Money Market Regulations in order to provide risk reporting to the regulator.
As regulations evolve, so StatPro is providing its clients with extended services to mitigate their cost
Hedge funds gained an average of 1.26 per cent in April, the fourth consecutive month of positive returns, following a five-month string of aggregate declines closing out 2018, according to the latest eVestment April 2019 hedge fund performance data.
Year to date (YTD) 2019 industry average gains of 6.52 per cent lag a global balanced benchmark but represent the industry’s best first four months since 2006, when aggregate gains were 7.62 per cent.
Among primary strategies, Event Driven – Activist strategies were big winners in April and YTD 2019, returning an average of +2.79 per cent last month and
SEA Asset Management (SEA AM), a boutique fund manager based in Singapore, and Seahawk Investments based in Eschborn, Germany, have formed a fund distribution partnership.
The collaboration of the two firms brings together the capabilities and services required to successfully launch and distribute alternative mutual funds. Among the benefits of the cooperation are synergies on all levels as the two boutique managers pool their industry and regional expertise and experience.
“Joining forces with Seahawk Investments in this collaboration helps us to mutually expand our reach in Singapore and Germany amid increasingly complex regulatory requirements,” says Alexander Zeeh, CEO of SEA
Drawbridge Partners, a cybersecurity consulting firm specialising in the needs of hedge fund and private equity managers, has acquired inCyber Security, inCyber Compliance’s consultancy division.
The acquisition gives Drawbridge Partners a portfolio of high-profile and long-term clients as the firm continues its impressive growth and focus on expanding its advisory, product and application portfolio.
Through the acquisition of inCyber’s best-in-class cyber advisory business, Drawbridge reinforces its holistic consultancy and solutions-based offering, providing financial services firms more tailor-made cyber programs, technical assessments, and strategic advice to ensure they have access to the highest degree of protection against internal and external threats.
Commonfund Capital has held the closing of its second secondaries fund, Commonfund Capital Secondary Partners II with USD450 million of capital commitments sourced from investors including endowments, foundations, pension plans, insurance pools and family offices.
The total raised is more than double the USD170 million committed to Commonfund Capital Secondary Partners I in 2016.
“We are pleased to have received such a strong response from limited partners for our latest secondaries fund,” says Cari Lodge, Commonfund Capital Managing Director and Head of Secondaries. “With the size of the private capital secondaries market more than tripling since 2008, this fund
Mediolanum International Funds Limited (MIFL), the Irish management company of the Mediolanum Banking Group, has added four new Funds to add to its growing Best Brands umbrella offering.
The MBB Chinese Road Opportunity, MBB Emerging Markets Fixed Income, MBB European Small Cap Equity and MBB Global Leaders products will give investors exposure to today’s most promising investment universes, including emerging market debt, Chinese equities and European small caps.
Adopting a combination of top down and bottom-up approaches, all funds will seek to exploit the strengths of the different asset classes they invest in, whilst consistently integrating ESG factors into
Following on from an improvement in February and a strong March, April has been another positive month for CTAs. The SG CTA Index was up 2.76 per cent, and now it’s firmly in positive territory for 2019 year to date (+4.74 per cent).
The strong performance has been driven by trend-followers as the SG Trend Index was up 4.15 per cent and 7.16 per cent for year-to-date, ahead of the other indices, and all ten of the index constituents were positive. However, the Short-Term CTAs continued to find market conditions challenging and as a result were down slightly by 0.30
