Funds
Global credit investment manager, Bentham Asset Management, has added the Bentham Asset Backed Securities (ABS) Fund to the ASX mFund Settlement Service under the code BAM06.
The Bentham ABS Fund joins Bentham’s Professional Global Income Fund, Professional Syndicated Loan Fund and High Yield Fund, which were made available via the ASX mFund service in 2014 and 2015.
Bentham Asset Management CIO and Principal, Richard Quin (pictured), says the ABS fund was created to provide investors with access to a global floating-rate income strategy which targeted real returns over cash with a low amount of default risk.
“As at
PGIM Investments continues to expand its global UCITS footprint with the addition of its first ESG equity fund which joins a number of fixed income funds incorporating an ESG process.
Sub-advised by QMA, the actively managed PGIM QMA Global Core Equity ESG Fund evaluates the ESG status of every security in the global core equity universe and integrates these insights into the fund, aiming to avoid the worst ESG offenders while maintaining performance expectations.
PGIM Investments is the global manufacturer and fund distributor of PGIM, the USD1 trillion global investment management business of Prudential Financial. QMA is PGIM’s quantitative
Bourse Scot Limited, the company aiming to create a stock exchange in Scotland, has selected Optiq, the trading platform of the pan-European Exchange Group, to power the new venue.
The arrangement enables Bourse Scot’s initiative – known as Project Heather – to benefit from Euronext’s technology, which has been running Euronext’s own markets since June of this year. Euronext will also provide Bourse Scot with technical and operational services once the new stock exchange is live. The Scottish Stock Exchange aims to be ready for trading in the second half of 2019.
Tomas Carruthers, Chief Executive of Bourse Scot,
The global hedge fund industry returned -0.31 per cent in November, bringing year-to-date returns to -2.81 per cent and marking the fourth consecutive month of negative industry returns, according to the just released eVestment November 2018 hedge fund performance data.
The negative 2018 YTD numbers are in stark contrast to the +8.96 per cent aggregate return the industry saw in 2017. And while almost all segments of the hedge fund industry put up positive results in 2017, The vast majority of fund types are negative so far this year.
Among primary hedge fund markets, Volatility/Options Strategies were the only
RBC Global Asset Management (RBC GAM) is to strengthen its responsible investing and impact investing team in the United States with two new senior management roles.
Ron Homer, Managing Director, Institutional Portfolio Manager and President, Access Capital Strategies has assumed the new role of Chief Strategist of Impact Investing for the US, and Catherine Banat, Institutional Portfolio Manager has assumed the new role of Director of Responsible Investing in the US.
Homer will be responsible for educating investors on the potential role of impact investments in their portfolios and working with clients and prospects to match their unique investment
SYZ Group has launched SYZ Capital, a private market investment and advisory specialist. As the fourth business arm of the group, it focuses on selecting attractive investment opportunities across private markets, offering tailor-made solutions through thematic funds and co-investment vehicles, as well as advisory services around financing solutions and capital structuring.
SYZ Capital is a private markets investment and advisory specialist founded by entrepreneurs for entrepreneurs. It focuses on investment opportunities in segments of private markets overlooked by traditional market participants because of size, complexity or varying investment horizons.
Based in Zurich, Switzerland, and co-managed by Marc Syz and
The Warsaw Stock Exchange is to start to calculate and publish three dividend indices – WIG20dvp, mWIG40dvp, and sWIG80dvp, from 27 December 2018 – which will track aggregate dividends paid by the stocks participating in the underlying index (WIG20, mWIG40, sWIG80, respectively) in the calendar year.
“We are starting to publish the new indices because they are a great source of information about dividends paid in our market. Such information is particularly relevant for investors who are looking for attractive and stable returns. GPW lists many companies which regularly pay dividends in excess of interest paid by debt instruments. They
Fund inflows rebounded in November as UK investors took advantage of the sharp drop in global stock markets at the end of October, according to the latest Fund Flows Index (FFI) from global funds transaction network Calastone.
The new monthly index tracks orders representing millions of individual investor decisions, and is the most comprehensive, and up-to-date measure of UK fund flows, according to Calastone.
UK investors committed a net GBP2.2 billion to funds in November, more than double October’s total. This took Calastone’s FFI to 54.0, up from the two-year low of 51.6 reached in October when sharp
Hedge funds fared better in November compared to October but still ended the month in negative territory, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.
Merger Arbitrage continued to outperform last month in a very robust M&A context in the US (but not in Europe) despite the turmoil in equity, credit and commodity markets.
CTAs underperformed in early December, partly due to the US Dollar reversal. FX remains one of the few asset classes where CTAs maintain directional positions. The strategy has been long for the USD vs Euro, the British Pound and the Japanese
FCA-regulated Prime of Prime broker, Stater Global Markets, has experienced ‘significant growth’ in 2018, following a year of major investment in the business and a series of senior hires in newly created roles.
The London-based firm, which offers institutional clients direct access to Tier 1 bank and non-bank FX and bullion liquidity, clearing and institutional grade technology, has a global client base consisting of brokers, banks, hedge funds and prop traders.
As part of its global expansion plans, Stater Global Markets is focussing on growing its client base in the UAE and is exhibiting at the Emerging Manager Forum
