Funds
Lloyd George Management, a boutique London-based investment firm established by the eponymous Robert Lloyd
SW Mitchell Capital, the USD2billion London-based European equities specialist is planning to soft close the
Lyxor Asset Management has partnered with Old Mutual Asset Managers (UK) to launch the first single hedge fund manager on its UCITS Lyxor Dimension Platform. The Lyxor/Old Mutual Global Statistical Arbitrage Strategy Index Fund offers exposure to a pure alpha strategy managed by Old Mutual Asset Managers (UK)
Paul Simpson, Head of Systematic Investments and Senior Portfolio Manager at Old Mutual Asset Managers (UK), says: “Our strategy is a quantitative equity market neutral model exploiting short term pricing opportunities and actively trading large capitalisation equities.” This investment process has been in place since 2007 at Old Mutual and it has
Castle Hall Alternatives, the hedge fund industry’s leading specialist provider of operational due diligence, and Orchard Harbour, an expert provider of due diligence in Australasia and Asia, today announced that they had formed a strategic partnership.
Castle Hall will utilise Orchard Harbour’s local market presence and knowledge of the Pan-Asian hedge fund industry to conduct due diligence on funds in the region. Orchard Harbour, in turn, will provide Australian and Asian investors with access to Castle Hall’s due diligence expertise when evaluating managers in the Americas and Europe.
Orchard Harbour, based in Sydney, Australia, is headed by Alex Wise, an
Last week Hedgeweek attended an update on the AIFMD hosted by Bovill, the financial services regulatory consultants, following ESMA’s second consultation into the implementation of the Directive. ESMA’s first consultation paper closed 13 September. Its final advice on the back of these two consultations will be delivered to the European Commission on 16 November 2011.
The AIFMD still has areas of opacity which ESMA hasn’t necessarily resolved in these consultations, particularly with respect to the third country issue. It will affect any AIF that does not require authorisation by the UCITS Directive, and according to Caroline Gibbs (pictured), Principal of
The Association of the Luxembourg Fund Industry (ALFI) has set out its ambition for the Luxembourg Fund Centre to be a global centre of excellence for the asset management industry, thereby creating opportunities for investors, fund professionals and the global community as a whole.
Marc Saluzzi (pictured), Chairman of ALFI, says: “The world we live in is experiencing rapid and radical shifts at political, social and economic levels; ALFI fully understands that this has significantly influenced investor demands for performance and safety, efficiency and innovation. ALFI has therefore developed its Ambition Paper which identifies five key objectives which we
LCH.Clearnet Group Limited confirms that it has entered into exclusive discussions with London Stock Exchange Group plc regarding a possible transaction.
There can be no certainty that the discussions will result in any transaction.
Fortigent, a provider of outsourced wealth management solutions for financial advisors and institutions targeting high net worth clients, has selected IndexIQ’s IQ Hedge Multi-Strategy SMA Portfolio as an Alternative Investment solution for the firm’s Access Overlay customisable UMA program.
Fortigent’s selection of the IQ Hedge Multi-Strategy SMA represents the latest global financial platform to offer IndexIQ’s flagship hedge fund replication strategies. Approximately 90 firms use Fortigent to support their investment research, performance reporting, Unified Managed Account (UMA), and alternative investment needs, and the firm has more than USD50 billion in assets on the platform.
"We are thrilled with Fortigent’s selection
RBC Dexia Investor Services has won a mandate from Tages Capital SGR, a newly-launched independent investment management company based in London, Luxembourg and Milan.
RBC Dexia will provide depository bank, fund administration and shareholder services to Tages Capital’s domestic fund of hedge fund range, as well as for its Luxembourg-based UCITS funds.
The appointment builds on RBC Dexia’s footprint in Italy and its combined onshore, offshore offer. Mauro Dognini, Managing Director of RBC Dexia Italy, says: "The Italian fund management industry is undergoing significant change as local and European regulation takes effect. Outsourced solutions can help fund managers to
Hamburg-based Aquila Capital have already seen some impressive results for the UCITS CTA fund they launched in May.
