Funds
A latest industry report by PerTrac has found that long/short equity is the most popular strategy executed by alternative UCITS funds.
BNP Paribas Securities Services this week announced the launch of a major investment programme to expand its hedge fund and FoHF administration services for both offshore and onshore UCITS f
ML Capital Asset Management has told Hedgeweek in an exclusive that it is preparing to launch a new UCITS fund on its MontLake Platform.
AlphaMetrix LLC, founder of the AlphaMetrix Global Marketplace (AGM), has acquired the hedge fund managed account assets of WR Group LLC.
The acquisition of WR’s managed account assets across multiple strategies and asset classes will serve to strengthen the depth and breadth of the services AlphaMetrix provides via the Marketplace.
"This is an important example of our ongoing efforts to expand upon AlphaMetrix’s already broad offerings to clients and increase the opportunities we provide investors, funds and service providers," says Aleks Kins (pictured), CEO of AlphaMetrix. "We look forward to an integration that is seamless for all clients."
In addition,
Following the sudden death of Andrew Dalton in April 2011, agreement has been reached, in principle, for the purchase of equity of Dalton Strategic Partners (DSP) from the Dalton family, by the executive partners of the firm.
As a result of the transaction, senior executives of DSP will control 51.5% of the equity of the firm while the Dalton Family will continue to retain a quarter of the firm’s equity. The agreement, for which Heads of Terms have been signed, is due to complete in February 2012 and will ensure that the firm remains independent and incentivises the executives to continue
Long/short equity is the most popular strategy pursued by Alternative UCITS (Undertakings for Collective Investment in Transferable Securities) funds, and overall, funds invested in emerging markets have posted the best performance from January 2002 through October 2011, according to PerTrac.
A new 30-page report titled, “The Coming of Age of Alternative UCITS Funds,” also indicates that smaller funds outperform larger ones based on a comparison of equal-weighted and asset-weighted cumulative return of PerTrac’s Alternative UCITS Fund Index.
The PerTrac report is the most comprehensive study of Alternative UCITS funds conducted to date. Alternative UCITS funds are pan-European investment vehicles
BNP Paribas Securities Services (BNP Paribas) is rolling out a major investment programme to expand its hedge fund and fund of hedge fund administration services, for both UCITs and offshore funds. 


Placing transparency, market exposure, liquidity and control at the heart of its hedge fund administration platform, the custodian bank’s programme tailors its service to more closely match the key requirements of both start-up and established funds. 


Building on existing fund accounting, performance and risk monitoring capabilities, BNP Paribas’ investment programme now enables it to support hedge fund managers using all current strategies, including those employing high volume trading.


The
PineBridge Investments has signed an agreement to invest in, and provide services to, Method Holdings (Method), a financial holding company focused on aggregating the wealth management subsidiaries of “Top 100” CPA firms.
The PineBridge-Method partnership is designed to bring PineBridge’s proven investment strategies, asset allocation capabilities and manager selection expertise to Method’s wealth management platform for Registered Investment Advisors.
Method invests in, and provides asset management services to, the wealth management subsidiaries of large public accounting firms. These services range from a state-of-the-art investment platform to providing investment advice to individual investors.
“PineBridge has a long history of being a
US hedge fund Independence Capital Asset Partners (ICAP) has launched an onshore UCITS-compliant version of its flagship fund in conjunction with Swiss f
Ireland has ushered in its first Malaysian-managed fund platform this week.
