Funds
Five major financial institutions have taken a minority stake in Chi-X Global Holdings LLC, the holding company for Chi-X market operators Chi-X Canada, Chi-X Japan and Chi-X Australia, which will launch on 31 October, 2011.
It also jointly operates Chi-East, an independent, non-displayed liquidity pool in Singapore, through a joint venture with a subsidiary of the Singapore Exchange, and has developed the Chi-FX product in a venture with BM&FBOVESPA that is scheduled for commercial launch in Brazil early next year.
The new investors include: BofA Merrill Lynch; GETCO, LLC; Goldman Sachs; Morgan Stanley; and Quantlab Group, LP. Instinet Incorporated, a
Schroders has received a boost from strong inflows into the credit fund managed by CQS, which sits on its Ucits platform, GAIA, at a tim
The European Securities and Markets Authority (ESMA) on Thursday 13 October released its guidance on cross-border operations between Member States and the role of master/feeder funds.
CTA/Managed Futures was the only Ucits strategy to deliver positive returns in Q3 wrote Alix Capital this week in its latest report on alternative Ucits, returning +1.60 per cent to investors.
BNP Paribas Securities Services announced this week news that it had won a new mandate from Duemme International Luxembourg, the asset management arm of Banca
International fund manager Managing Partners Limited (MPL) has signed a partnership deal with MIDF Amanah Asset Management Berhad (MIDF Amanah), the asset management arm of Malaysian Industrial Development Finance Berhad (MIDF).
The deal will give Malaysian investors the opportunity to exploit the steady incremental returns offered by life settlements. MPL is the only life settlement company to offer a Malaysian currency class to investors.
Established in 1960 as part of Malaysia’s strategy to accelerate industrial sector development, MIDF enjoys a strong position in many segments of the financial services industry today. Its core businesses include investment banking, development finance and
PerTrac has announced an exclusive partnership with MondoAlternative, Italy’s largest provider of hedge fund data.
The MondoAlternative database contains qualitative and quantitative records on over 2,200 hedge funds, including all the Italian "fondi speculativi", more than 1,200 European hedge funds, all of the Swiss-registered hedge funds, in excess of 700 alternative UCITS funds and Investable Indices.
In addition to daily updates of hedge fund data, PerTrac subscribers will have access to MondoAlternative’s monthly rankings of hedge funds and alternative UCITS as well as its monthly magazine that reports on the Italian and international alternative industry through interviews, reports, statements of
PDL International, a global provider of alternative investment services, has announced the UK launch of an innovative range of UCITS-compliant hedge funds.
The funds, which are regulated by the Financial Services Authority, are designed to deliver growth irrespective of market conditions and are available to both institutional and retail investors.
The funds are being distributed in the UK by PDL International on behalf of Swiss-based fund manager Salus Alpha. Formed in 2001 and with assets of over USUSD1.2bn under management, the company was the first to obtain UCITS status for a range of hedge fund products and has a
GSO Capital Partners LP (“GSO”), the global credit platform of The Blackstone Group, has acquired Harbourmaster Capital, a leading European leveraged loan manager which manages and advises on approximately EUR8 billion (USD11 billion) of assets.
The Harbourmaster Capital Dublin-based team will continue to support the Harbourmaster funds, and will form a combined platform with GSO’s existing European leveraged loan business to develop new European focused funds for their global investor base. The combined European leveraged loan platform will have approximately EUR11.5 billion (USD15.5 billion) in assets under management supported by a combined team of 40 professionals in both Dublin and
A survey released by Naisscent Capital, a Swiss FoF manager, has found that the number of alternative Ucits funds available to investors has exceeded 1,000 reported Financial News thi
