Funds
Artisan Partners has launched the Artisan Global Discovery Fund, which is managed by the Artisan Partners Growth Team, with Jason L White (pictured), as lead portfolio manager and James D Hamel, Matthew H Kamm and Craigh A Cepukenas also serving as portfolio managers.
White joined Artisan Partners in 2000 and has 17 years of investment experience, including serving as a portfolio manager since 2016 and as an associate portfolio manager since 2011 for Artisan Global Opportunities, Mid Cap and Small Cap Funds.
In regards to the Artisan Global Discovery Fund’s investment strategy, White says: “Our objective is to capitalise
Funds affiliated with Warburg Pincus, a global private equity firm focused on growth investing, have made a significant equity investment in eSentire.
The investment will be used to accelerate the company’s growth by expanding its technology services to existing clients and its outreach to more clients in new markets, as well as to provide liquidity to existing shareholders. Terms of the transaction were not disclosed.
eSentire is regarded as the pioneer in managed cybersecurity services that detect and contain advanced threats that have bypassed all other security controls. The Company began operations serving the demanding financial services market and has
The Lyxor Hedge Fund Index was down 0.6 per cent last week according to the latest Weekly Brief from the firm’s Cross Asset Research Team.
Lyxor writes that: “Global Macro funds underperformed, though returns were dispersed. Though exposures to rates and equities usually cost, they recorded gains in FX. CTAs fared better with gains in short commodities, offsetting their losing long equity allocation.
“Event-Driven funds were resilient. Special Situations funds benefitted from their tilt to non-cyclical sectors. Their activist positions were also resilient: the presence of a fundamental catalyst helped weather the short- term volatility. Merger Arbitrage continued to
The SS&C GlobeOp Forward Redemption Indicator for August 2017 measured 3.55 per cent, up from 2.57 per cent in July.
“SS&C GlobeOps’ Forward Redemption Indicator of 3.55 per cent for August 2017 reflects solid year-over-year improvement from the 3.86 per cent reported for August of 2016. The result for August continues the favorable trend in asset retention by hedge funds this year, marking the seventh consecutive month of lower redemption notices on a year-over-year basis,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “It is also noteworthy that this trend has taken hold during a period of record
Hedge funds generated gains in July 2017 of 1.15 per cent, continuing a streak of nine consecutive months of positive returns, according to Preqin’s latest Hedge Fund Performance Update.
This has helped the Preqin All-Strategies Hedge Fund benchmark post returns of 5.93 per cent for 2017 YTD and 9.63 per cent for the past 12 months.
All top-level strategies produced positive returns for July 2017, with equity strategies in particular continuing a strong year, returning 1.66 per cent, the highest return of any of its counterparts.
Emerging markets-focused funds were the top performers in terms of geographic region,
Wealth managers Rathbones and Smith & Williamson are in talks to agree a merger which will create a GBP55 billion wealth management firm.
Rathbones will effectively take over Smith & Williamson as the larger firm which manages GBP36 billion, against Smith & Williamson’s GBP19 billion. The deal values Rathbones at GBP1.4 billion and Smith &Williamson at GBP600 million.
Last month Rathbone posted a 16.7 per cent rise in first-half pre-tax profit to GBP26.6 million on the back of market gains and an increase in assets under management. The combined new company would see Rathbones, led by CEO Philip Howell (pictured),
The First Trust CBOE S&P 500 VIX Tail Hedge Fund (NYSE: VIXH) ETF has changed its investment objective to seek investment results that correspond generally to the price and yield of an index called the Nasdaq Dorsey Wright People’s Portfolio Index.
The New Index is developed, maintained and sponsored by Nasdaq.
To reflect the change the fund will now be known as the First Trust Dorsey Wright People’s Portfolio ETF and its shares will be listed and trade on the NASDAQ Stock Market LLC under the ticker symbol DWPP. The Fund’s new CUSIP, ISIN and SEDOL are 33733E880, US33733E8802
Epsilon Asset Management has opened for business having secured capital commitments for each of its three strategies in excess of USD100 million. Additionally, Epsilon has secured seed capital from William Cline (former CEO of hedge fund Clovis Capital, partner at Alcova Capital).
Led by Adam Lavin, Faryan Amir-Ghassemi (pictured), and Michael Perlow, Epsilon is an equity oriented manager aiming to bridge the divide between active and passive strategies.
Lavin, Amir-Ghassemi, and Perlow come from Novus Partners, a leader in providing analytics on active managers to institutional investors around the world. Previously, Lavin founded Alternative Investment Management, a multi-billion dollar
Veracen has entered into a global co-development, co-marketing and collaboration agreement with Linedata Services. The agreement coves co-development of end-to-end financial technology solutions, co-marketing, and branding globally in Europe, Asia, and the United States with global support, client customisation, wrap around services, installation, and training.
The Veracen technology solutions, powered by Linedata’s financial application platform, are designed to be a complete and fully integrated set of applications for institutional investors worldwide. These include customised portfolio management tools and analytics, incorporating a unified data set from the investment decision through to performance and risk analytics, as well as the tracking of
The LuxHedge Global Alternative UCITS Index increased by 0.38 per cent during July (+1.16 per cent YTD), recording solid performance cross the board with nearly all strategy style indices posting a gain during the month.


In the Equity Hedge category, Long/Short Europe and Equity Market Neutral funds advanced with +0.65 per cent (+2.20 per cent YTD) and +0.40 per cent (+1.90 per cent YTD), respectively. In line with a clear trend in the global hedge fund market, performance was led by Asia focussed funds with the LuxHedge Equity Long/Short Asia index gaining 2.38 per cent during July (+16.05 per cent
