Funds
Value Partners Ireland Fund Plc, an Irish UCITS umbrella serviced by HSBC, has been approved to commence investing in China via the Shenzhen-Hong Kong Stock Connect.
On 5 December 2016, the Shenzhen Stock Exchange and the Stock Exchange of Hong Kong launched the Shenzhen-Hong Kong Stock Connect programme, enabling mutual market access between China and Hong Kong.
Since then, the Central Bank of Ireland (CBI) has been actively reviewing the legal and operational regime supporting Stock Connect and the market infrastructure through which China-A shares are acquired and held.
HSBC has worked closely with the CBI in respect
AGF Investments has launched AGFiQ Asset Management (AGFiQ), a quantitative investment platform powered by a multi-disciplined team that combines investment professionals across AGF and its affiliates from Highstreet Asset Management and FFCM.
"Innovation has always been at the heart of AGF, dating back to our founders 60 years ago. We were built on the principles of creating a company that was innovative, focused on clients and driven by superior investment management," says Blake C Goldring, chairman and chief executive officer, AGF Management. "The launch of AGFiQ and our offering of ETF solutions is yet another milestone in our commitment to
The alternatives industry grew solidly in 2016 across all segments and factors tracked by Convergence.
The firm measures the overall health of the industry by analysing changes it observes in 17,500-plus advisers, 53,000-plus private funds and 6,000-plus service providers.
According to Convergence’s Q4 2016 update, more advisers and managers were formed who in turn hired more people and launched more funds. The number of service providers servicing the industry grew and the number of regulatory actions increased as well.
Hedge funds “noise” garnered the most negative attention this year as a series of high profile closures, scandals and performance
Mediatrix Capital Fund has launched as a Bloomberg-listed closed-end hedge fund administered by Sterling Fund Services, audited by KPMG, and domiciled in the Bahamas.
Parent company Mediatrix Capital will raise USD1 billion in investments into the new Mediatrix Capital Fund.
The primary focus of the fund is to trade the FX spot and complex OTC FX options strategies, through the Forex markets and trading mostly G-7 currencies, including the US, Japan, European Union, UK and Canada. Currently, the fund trades primarily in the off exchange OTC FX spot/options for currencies spot gold, silver, platinum and palladium.
Mediatrix Capital,
Linedata, a solutions provider to the investment management and credit industries, is to acquire Gravitas Technology Services, a provider of middle office and technology services to the hedge fund industry.
Gravitas is based mainly in New York and Mumbai.
Gravitas provides its services using a technology platform that integrates proprietary and third-party tools. Through outsourcing, its customers access services based on a variable, shared cost model.
With over 80 staff in the US and 180 in India, Gravitas supports over 80 asset managers of all sizes in North America.
In 2016, the company achieved revenues of USD26.5 million.
Hatteras Funds, a provider of alternative investment solutions for financial advisers and their clients, is marking the third anniversary of the Hatteras Disciplined Opportunity Fund (Class I: HDOIX).
The fund is designed to offer investors equity market exposure, while reducing volatility and limiting potential portfolio losses.
"We are excited that The Hatteras Disciplined Opportunity Fund has outperformed many of its peers since inception three years ago," says Mike Hutten (pictured), president of distribution for Hatteras Funds. "The Fund’s investors have benefited from the ability to maintain an equity allocation while mitigating their volatility. We believe it is a better
By J D David, Meyler Capital – “If the alternatives industry were to build freeway signs, they would put a paragraph on them rather than one word and an arrow.” – Kyle Dunn, Meyler CEO
Kyle has been making this argument since founding the firm five years ago. The obvious point: the industry is way too verbose and it lacks imagination.
The alternative investment space has become incredibly mature and competitive in a relatively short period of time. While investment strategies have evolved, the marketing of these strategies has not. What was appropriate 10,000 funds ago is no longer appropriate today.
Context Asset Management, a provider of alternative mutual funds for retail and institutional clients, has launched the Context Strategic Global Equities Fund (Institutional Shares: CGPGX).
The fund, which is sub-advised by Granite Peak Asset Management, , uses a consistent and repeatable systematic investment process and is designed to deliver exposure to global developed equity markets, while providing downside protection in severely declining markets.
The fund will primarily invest in developed equity index futures with a risk mitigation overlay and a modest value tilt.
"Recent market shocks have shown how investing in unprotected risk premia can lead to extreme
The RWC Global Horizon Fund has achieved a return of almost 19 per cent in the past three years, with manager Louise Keeling using a long-term global perspective to maximise the opportunities from companies around the globe.
Keeling (pictured), whose fund has returned 18.8 per cent over the period versus the benchmark return of 12.0 per cent, has concentrated on buying undervalued businesses, believing investors with shorter time horizons may not have the ability to see latent value in such stocks. As a result, the fund has a high active share and a below-average turnover of just 14 per cent
IS Prime Risk Services, an affiliate of IS Prime, has acquired the assets of Think Liquidity, a provider of risk management focused technology and services.
The acquisition, for a non-disclosed sum, is a key part of the group’s strategy to offer risk management services to brokers worldwide.
Jeff Wilkins, managing director of Think Liquidity, will continue as managing director of IS Prime Risk Services.
“Our goal is to deliver the best products and services industry-wide. The synergies created out of this deal further enhance the ability to achieve that goal. This deal was an easy decision for both
