Funds
Prairie Wind Advisors is to launch its first fund, the Harvest One Fund, which is dedicated to investing in businesses involved in the agriculture, food, health and environmental industries.
The fund is a total return strategy, which is domiciled in the Cayman Islands and will invest in a portfolio of publicly traded securities and private equity within the firm’s area of expertise. The new fund will launch on 1 April, 2016, and is fully administered by Apex Fund Services (Bermuda) and is represented under the Apex Financial Services Emerging Manager Platform.
“It is the belief of the principles of
EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, is redesigning its premium FX market data service, EBS Live, and will move to streaming real-time market data.
The ‘EBS Live Ultra’ feed will provide significantly improved price discovery and transparency, enhancing EBS BrokerTec’s status as the premier venue for market reference data in its core pairs.
Commenting on the new service, Gil Mandelzis, CEO EBS BrokerTec, says: “This is a meaningful development for customers who will now be able to receive significantly more granular data and substantially further enhanced price discovery on the EBS Market platform.
S.E.A. Asset Management Pte Ltd, a boutique fund manager in Singapore, has won Best Fixed Income Credit Strategies Hedge Funds Award from institutional news publisher Hedgeweek.
“In a world where historically low interest rates continue to flush the market with liquidity low yields are still challenging investors in search of yield. Record amounts of liquidity injected into markets by central banks have led to unprecedented volatility in most asset classes including fixed income” says Alexander Zeeh (pictured), CEO of S.E.A. AM. “A fund holding a diversified portfolio of Asian short duration high yield bonds is the right vehicle for investors
RWC Partners is planning to launch its existing Asia long/short equity strategy within its Luxembourg SICAV UCITS.
Subject to approval, the existing Global Innovation Absolute Alpha will change its name to RWC Asia Absolute Alpha Fund and the fund will move to closely replicate an existing Asia long/short equity strategy that RWC launched in April 2015.
Garret Mallal manages the Cayman-domiciled RWC Asia Opportunity Fund from RWC’s Singapore office and will manage the new UCITS fund. Mallal joined RWC as a portfolio manager within James Johnstone and John Malloy’s Emerging Market team in mid-2015. The team is already managing
Total hedge fund assets fell USD64.7 billion to start 2016, a decline of 2.1 per cent, which dropped total industry assets below the USD3 trillion level for the first time since the industry first surpassed the milestone in May 2014.
That’s according to eVestment’s latest hedge fund asset flows report which reveals that investor flows were negative in January with an estimated net USD21.5 billion redeemed. Performance accounted for an additional USD43.2 billion decrease. The combination of performance and net investor outflows reduced total industry assets to USD2.964 trillion. Flows have been weak or negative in all except one January
Emerging markets hedge funds posted steep declines to begin 2016, as concerns about slowing growth and weakening currency in China, falling energy prices, and geopolitical risk precipitated a steep drop in risky assets globally.
The HFRI Emerging Markets Index fell -5.4 per cent in January, following a +2.2 per cent return in 4Q 2015. The index declined –3.2 per cent for full year 2015, according the latest HFR Asian and Emerging Markets Industry Reports, released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. Total Emerging Markets hedge fund capital
As of 19 February 2016, the Skënderbeg Fund, a sub-fund of Skënderbeg Funds SICAV, has been transformed into a UCITS structure, which is designed to providing access to alternative investments in a liquid and transparent format.
A statement from Skënderbeg says: “We believe that UCITS funds offer investors the best of both worlds – the flexibility and convenience of mutual funds and the potential advantages of alternative investments. As a result of the conversion, the liquidity of the Skënderbeg Fund will be improved (from monthly with 45 days redemption notice to weekly with 5 business days redemption notice), and the
Hedge fund administration specialist Custom House Global Fund Services has launched a new brand interface and officially transitioned the firm to an independently-owned fund administrator, following regulatory and government approvals.
As part of the brand relaunch, Custom House has introduced a new logo and resource-oriented website that reflects the company’s DNA as an independent fund administrator focused on delivering a service-led business model in an industry that faces increasing complexity from today’s financial markets, regulation and compliance. The brand relaunch is a result of the creation of Custom House as a stand-alone entity from parent TMF Group BV, initiated last
Morgan Stanley Alternative Investment Partners (AIP) has closed on over USD225 million in final capital commitments for Private Markets Income Fund I (PMIF).
The fund’s strategy is to invest in niche income-oriented private market strategies, across primary fund commitments, co-investments and secondaries, which provide near-to-medium-term cash distributions. These investment strategies are frequently backed by real, financial or intellectual property assets. While PMIF represented AIP’s first standalone fund in this strategy, AIP has been an active participant in this investment space since 2000.
“Our clients rely on alternative investments to meet many different objectives, and this capital raise demonstrates how
Calastone has launched Calastone Data Services, a global market intelligence solution offering fund managers detailed insight and transparency into their global fund distribution whilst also supporting client firms in meeting changing regulatory obligations.
MiFID II, the European regulatory framework designed to improve the transparency and oversight of financial markets, is moving responsibility to understand the distribution chain from distributors and platform providers to fund managers. This means that for the first time fund managers will be required to have full transparency into where their products are being sold. This shift in responsibility represents an enormous challenge.
Historically, fund managers
