Mayfair-based Heptagon Capital, a USD3.6billion asset management firm established in 2005 by ex-Morgan Stanley directors Eran Ben-Zour, Tarek Mooro and Fredrik Plyhr, has launched a ne

Cazenove Capital announces that Tim Russell is to step down from his role as head of pan-European equities. After 26 years commitment to the investment industry Tim is taking a career break and will leave the business in July, after a smooth handover over of his responsibilities. Steve Cordell, a senior member of Cazenove Capital’s pan-European equity team and co-manager of the Cazenove European Equity Absolute Return Fund, is to assume responsibility for the Cazenove UK Absolute Target Fund (UCITS fund) and the UK core offshore hedge funds, following the decision by Tim Russell to step down fin July from

SIXTINA, the managed account platform operated by Natixis Alternative Investments France, this week announced the launch of the SIXTINA Harbert Event Opportunities Fund.

A recent survey conducted by Malta-based financial services group, ML Capital, has found, perhaps unsurprisingly, that Global Macro is the most popular newcit

Zurich-headquartered global hedge fund investment firm, GAM, launched their UCITS III-compliant Star Dynamic Global Bond fund this month.

An article in the Financial Times this week reported that some industry figures believe an alternative Ucits III-compliant vehicle could

Natixis Alternative Investments France has launched a new fund on its dedicated managed fund platform – the SIXTINA Harbert Event Opportunities Fund. This compartment of the Natixis Absolute Global SICAV is a Luxembourg-domiciled, UCITS III-compliant fund. The launch expands the fund offerings developed on the SIXTINA platform for investors seeking exposure to absolute return strategies through onshore regulated vehicles. As fund manager, NAI France will be responsible for daily risk management of the fund and for overall reporting to investors.   The SIXTINA Harbert Event Opportunities Fund offers investors access to a risk-managed portfolio of merger and corporate event transactions

In its latest survey on the growing market for New UCITS (NUCITS), ML Capital has seen that the largest growth in investor demand this quarter, has been for Global Macro strategies, with 87 per cent of respondents planning to increase or maintain their exposure to those funds. ML Capital surveyed a diverse range of active investors in NUCITS, who collectively manage EUR40 billion and today invest upwards of EUR10 billion of those assets into NUCITS Funds. Questions were aimed at discovering their forthcoming strategy allocations and are asked each quarter to the same respondents in order to track asset flows

Thames River has confirmed that it plans to launch a global emerging markets absolute return fund on 1 June.

It seems everyone is scrambling to extend their service offerings ahead of July’s implementation of UCITS IV.