Funds
ML Capital Asset Management, the investment manager and promoter of the MontLake UCITS platform, has published the 4th edition of the quarterly ML Alternative UCITS Barometer (ML Barometer).
ML Capital surveyed a diverse range of active investors in Alternative Investments, who collectively manage over EUR80 billion and today invest upwards of EUR30 billion of those assets into Alternative UCITS Funds. Questions are aimed at discovering their forthcoming strategy allocations and are asked each quarter to the same respondents in order to track asset flows between UCITS strategies.
The range of allocators surveyed is purposely diverse, to reflect the widening of
Phoenix Fund Services has won the contract to provide the middle office, fund accounting and transfer agency services for the Coppertree Dynamic Fund.
The Coppertree Dynamic Fund is a Bermuda domiciled fund with an absolute return investment objective through investing in special situations. These may include directional trades, as well as relative value and event driven plays. The basis for alpha generation is extensive market experience, combined with ongoing in-depth research.
David Atkinson, Founding Partner of CopperTree Capital Management, says: “We were looking for a solution that would help us focus on our investment strategy, whilst strengthening our internal processes.
French asset management company Prim’Finance, has launched a new UCITs III commodities fund, which invests only in the energy, base metals and precious metals sectors.
Prim Commodities is not invested in stocks of companies involved in these three sectors, but directly in commodities using total return swaps on a commodities futures customised index.
Managed by Benjamin Louvet, and featuring daily liquidity and an annual management fee of 2 per cent, the fund’s investment process is based on an actively managed allocation between the various commodities, as well as a flexible approach. The fund’s investment universe covers oil products, natural gas, aluminium, copper, lead and
In its latest survey on the growing market for Alternative UCITS, ML Capital observed a dramatic increase in demand for CTAs, which is at an all-time high, with 57% of respondents committed to the sector.
ML Capital surveyed a diverse range of active Alternative UCITS investors, who collectively manage EUR80 billion and today invest upwards of EUR30 billion into Alternative UCITS products.
Allocations to CTA’s and Global Macro strategies are set to continue to increase dramatically. The largest increase in allocations are to Global Macro systematic and CTA strategies, both of which saw demand almost double over the last quarter
French regulator, Autorité des Marchés Financiers (AMF), has come out in support of the European Commission’s intention to strengthen risk management rules for Ucits to l
Threadneedle this week announced the launch of a US equity Ucits which aims to profit from prevailing market pessimism by targeting the country’s most attracti
Henderson Global Investors is to soft close two of its Ucits effective from 30 November 2011 having almost reached capacity.
Neptune Investment Management is to launch the Neptune Global Long/Short Sector Fund on 1 November 2011 reported Hedgeweek, as the firm looks to leverage its sector research to full p
JP Morgan Worldwide Securities Services today announced that it has been appointed by Cerberus Capital Management, LP, one of the world’s leading private investment firms, to provide fund administration and related securities services for its investment funds with aggregate assets of over USD23 billion.
The JP Morgan platform will be supplemented by certain back-office personnel of Cerberus who will become employees of JP Morgan.
"The transition of the services to a world class third-party administrator provides our firm strong infrastructure support and the independence preferred by our investors,” says Jeffrey Lomasky, Senior Managing Director and Chief Financial Officer of
Neptune Investment Management is to launch the Neptune Global Long/Short Sector Fund on 1 November 2011.
Neptune is known for the proprietary global sector research process that is central to the management of all its funds. Based on this research, Neptune’s range of long-only equity funds have always reflected the company’s in-house sector calls by being overweight sectors expected to outperform and underweight, or even zero weight, sectors with a poor outlook. Through the use of wider UCITS powers, the Global Long/Short Sector Fund is able to leverage this sector research to its full potential; shorting sectors where the in-house
