Funds
Major market dislocations in August, as investors pulled risk firmly off the table by dumping equity positions on the back of ongoing economic woes, meant that UCITS
Paris-based multi-specialist asset manager UFG-LFP has added some flavour to the UCITS space by launching a fund combining wine with real estate reported Citywire Global this week.
Natixis Global Asset Management (NGAM) has acquired a controlling interest in Darius Capital Partners.
Founded in 2004 by Reza Ghodsi, president and managing partner, and Mathieu Klein, chief executive officer and managing partner, Darius is an investment advisory and research firm that provides customised hedge fund solutions to address institutional investors’ growing needs for transparency, liquidity and risk management. Darius chooses from a flexible and broad range of products, including UCITs, managed accounts, hedge funds, fund of funds, hedge fund replicators and alternative ETFs to deliver alternative investment solutions to its clients. Darius is headquartered in Paris with offices
London-based RiverCrest Capital, a recently established absolute return-focused investment manager, has signed its first two teams with plans to launch funds
Stockholm-based RPM Risk & Portfolio Management AB, who specialize in running CTA and global macro strategies, have received approval from Luxembourg&rsqu
Irish domiciled UCITS funds have been disapproved for general investment by the Chilean Pensions Regulator, Comisión Clasificadora de Riesgo (the CCR).
The CCR is responsible for establishing approval procedures for, and approving shares of, inter alia, investment funds for Chilean pension fund investment. Under this authority, Irish funds were disapproved from general investment for failing to comply with the provisions of Article 15 of Decision No. 32 of the CCR which says that the rating of the country in which the fund, its manager or holding company are registered shall be at least Category A (defined as: S&P –