Funds
Crystal Century Investment has launched a multi-asset alternative investment fund aimed at providing institutional clients and retail investors with access to an actively managed alternative fund.
As uncertain market conditions continue to pressure investors into taking on more equity risk, the fund aims to relieve stress enhanced positions by participating through a range of alternative classes whose performance is less reliant on favourable market conditions.
“With the introduction of our liquid alternative multi-asset fund, we have addressed a number of investor concerns in response to an uneasy imbalance of the current risk-benefit equation. At both the institutional level and
The PRI, supported by the United Nations and the leading proponent of responsible investment, is working to standardise the way in which investors source and allocate capital to hedge funds who base their investment strategies on environmental, social and governance (ESG) factors.
This concept of responsible investing, which also goes by the name of Impacting Investing, is becoming increasingly important to investors as they consider the long-term consequences of how and where they invest.
Yet while many global corporations are signatories to UN PRI (Principals of Responsible Investment), the number of hedge fund signatories remains extremely low. According to Marisol
BNP Paribas has agreed a settlement with the Board of Governors of the Federal Reserve System (FRB) relating to past misconduct in its foreign exchange business.
Under this settlement with the FRB, BNP Paribas will pay a fine of USD246 million (approximately EUR215 million) which will be covered by existing provisions. This follows the announcement by BNP Paribas of a settlement with the New York State Department of Financial Services on the 24 May relating to the same issue.
In reaching this settlement, the FRB acknowledged the Group wide remediation initiatives and the full cooperation of BNP Paribas in the
The FERI funds OptoFlex and EquityFlex on LRI Group’s UCITS Platform have achieved a total of EUR1 billion in total assets over all share classes.
Carsten Hermann, Head of Investment Management at FERI Trust, says: “We are very happy about the positive feedback on our investment strategies in the market. We have found the ideal partner in LRI Group having successfully implemented our fund projects within the last five years.”
Michael Sanders, Managing Director of LRI Invest, says: “We would like to thank FERI for the confidence they place in LRI Group. We are delighted that throughout our long
Ares Management has announced the pricing of Ares XLIV CLO Ltd, a USD1.1 billion Collateralised Loan Obligation (CLO), and the second largest in the firm’s history.
Ares XLIV was sponsored by Ares’ Credit Group and is the second largest broadly syndicated CLO in 2017. It is primarily comprised of broadly syndicated First Lien Senior Secured US Bank Loans. The closing of Ares XLIV is expected by the end of the third quarter and is subject to customary closing conditions.
Ares Management had more than USD13 billion in CLOs managed in the US and Europe as of 31 March, 2017.
Following some profit taking in major Asian markets in recent weeks, Quaero Capital believes that a market correction is likely as tensions rise in North Korea, as well as in US-China relations, and in the Gulf between Qatar and Saudi Arabia.
In addition, according to the managers of the Argos Bamboo strategy, the US Federal Reserve is beginning to increase rates, and there is every sign that the European Central Bank, the Bank of Japan and even the Bank of England will start to reverse their quantitative easing.
The strategy, actively managed by Hong Kong-based Lloyd George Management for
Optimal Fund Management Australia Pty Ltd has forged a strategic partnership with the Burnham Group aimed at supporting its growing absolute return investment business.
The company has also announced a name change to ARCO Investment Management Pty Ltd (ARCO), with immediate effect.
ARCO will continue to be controlled by its co-founders and co-portfolio managers George Colman and Peter Whiting (pictured). The firm’s long-established investment process and management team will continue unchanged as will its focus on delivering strong risk-adjusted returns for investors.
Burnham Group’s CEO Chris Cunningham and Burnham Capital’s chairman Bruce Loveday will join an expanded ARCO
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for June 2017 measured 0.04 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 1.80 per cent in July.
“SS&C GlobeOp’s Capital Movement Index for July 2017 was -1.80 per cent, compared to -2.53 per cent a year ago for July 2016. The month of July typically sees a net outflow owing to seasonal factors, so this smaller net outflow is actually a very positive result,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “In fact, July 2017 marks the
Crown Capital Partners, a provider of growth capital to mid-market companies, has completed a USD50 million closing for Crown Capital Fund IV, bringing the current total capital committed to the Fund to USD225 million.
To date, USD190 million has been invested by the Fund in nine transactions, and, net of repayments, USD167 million is currently invested.
“This upsizing further underscores the quality of our growing portfolio and the strong demand from our institutional limited partners,” says Chris Johnson (pictured), Crown’s President & CEO. “We continue to deliver on our key milestones. We have completed four transactions to date in
Keith Smith and Willow Oak Asset Management have launched a private investment partnership named the Bonhoeffer Fund, LP.
The Bonhoeffer Fund’s portfolio will be managed by Keith Smith with administrative support provided by Willow Oak Asset Management, a subsidiary of Sitestar Corporation (OTCQB: SYTE). Smith will employ a long-only, concentrated, value-oriented strategy with a focus on global securities of companies with market capitalisations of USD100 million to USD500 million.
“This partnership gives outside investors an opportunity to access the investment strategy that I have developed and executed for more than 15 years across various international markets. Bonhoeffer Fund will
