Funds
RS Investments has launched two new long/short alternative mutual funds: the RS Focused Opportunity Fund (RSFOX) and the RS Focused Growth Opportunity Fund (RSFGX).
Both funds will be available to retail and institutional investors.
“We’re focused on providing our clients with outcome-oriented solutions that are designed to limit downside risk across unpredictable markets,” says Matthew Scanlan, CEO of RS Investments. “These alternative strategies leverage our demonstrated Growth and Value alpha generation capabilities, across market caps, to construct long/short portfolios that seek to balance alpha and beta.”
The RS Focused Opportunity Fund looks to invest in companies that demonstrate attractive relative
Automated trading specialist Alistair Brown – co-founder of Lime Brokerage – is turning his attention to fixed income with the launch of OpenBondX, an electronic “all-to-all” trading platform for US corporate bonds.
The ATS aims to attract new liquidity from non-traditional providers frustrated by the current antiquated market structure.
Just as Lime revolutionised quantitative and automated trading, Brown’s recipe for OBX incorporates uniquely sophisticated trading and risk management functionality into a transformative business model that sets it apart in a sea of bond-trading platforms.
For example, existing systems have been created by fixed income institutions and traders with domain
The D E Shaw group has launched Arcesium, a new, independently operated technology and service company that will provide asset managers with software and service solutions for their post-trade activities.
Arcesium’s fully hosted technology platform offers asset managers sophisticated post-trade support for the various activities of the trade lifecycle—including security master maintenance, trade capture, asset servicing, treasury functions, pricing-related services, and portfolio data warehousing – in a highly automated and secure manner. Arcesium’s service offering complements its technology platform with robust, exception-driven processes that effectively balance efficiency and control. The platform, which was refined by the D E Shaw group
TOBAM, the Paris-based asset manager, has secured USD2.1 billion in net new inflows across its Anti-Benchmark strategies, since 1 December, 2014.
In all, the company has recorded total net inflows of USD2.6 billion since the start of 2014, which contributed to a 56% increase in the firm’s assets under management in that time. TOBAM has now crossed the USD8 billion milestone of assets under management at USD8.7 billion from USD2.79 billion at the end of 2012.
Since the start of 2014, allocations have come from over 20 international institutional investors spread across Europe, North America, Asia, and most recently, the
Hedge Funds ended February on a good note (+0.8%), confirming the positive momentum witnessed since the start of the year. As of the end of February, the Lyxor Hedge Fund Index is up 2.2% year to date, with 80% of the funds in positive territory.
Sub-Saharan Africa is a rapidly growing investment theme and its dynamics will increasingly impact on both Developed and other Emerging Markets. The region is particularly interesting to investors on account of both the demographics, the rate of change of the markets and the low correlation with Developed and Emerging Markets.
The May 2000 cover of The Economist carried a picture of Africa titled 'The Hopelesss Continent'. In March 2013 that changed to 'Africa Rising' with a feature concluding that the reforms and investment would soon bear fruit. The time is now as the investment is increasingly coming from International investors
As part of its ongoing effort to foster sustainable investing across the Group, GAM Holding AG has signed the United Nations-supported Principles for Responsible Investment (PRI).
The PRI is an international global network of asset managers, owners and service providers working together to put responsible investment into practice. The principles, which are voluntary, aim to provide a framework for integrating environmental, social and corporate governance (ESG) considerations into investment decision-making and ownership practices.
In order to become better aligned with the PRI guidelines, the Group has committed to undertake a series of steps in 2015. These include developing global
Jay Novatney, a 14-year veteran of the alternative investment industry, will be joining PT Asset Management (PTAM) as Chief Operating Officer on 2 March, 2015.
Novatney will join the firm as part of the executive management team, responsible for the oversight of PTAM’s back office function including operations, finance, and accounting as well as coordination of the firm’s legal and compliance functions.
Prior to joining PTAM, Novatney spent over nine years as a principal of Chicago Fundamental Investment Partners, LLC (CFIP), a credit-focused alternative investment management firm, after having co-founded the firm in late 2005. During his tenure at CFIP,
London Stock Exchange Group (LSEG) has entered into a licensing agreement with CBOE Holdings, to develop and list options based on more than two dozen FTSE and Russell indices.
Under the agreement, cash-settled options on these indices will now be available to trade in the United States on the Chicago Board Options Exchange (CBOE). In addition, as part of the agreement, CBOE and LSEG will collaborate on new index options products and investor education globally. The trading in FTSE and Russell index-based options on the CBOE will begin in the coming months.
LSEG’s leading global index franchises, FTSE and
Over half of investors in each alternative asset class feel improvements in the alignment of interests between investors and fund managers can be made by focusing on management fees.
The majority of institutional investors that were interviewed by Preqin at the end of 2014 believe that more needs to be done with regards to the management fees they pay on alternative assets fund investments. Of the five major alternative asset classes – private equity, hedge funds, real estate, infrastructure and private debt – investors named management fees as the area that needed the most improvement with regards to alignment of
