Funds
Finnish fund manager, Estland & Partners, has this week announced the launch of its first UCITS III-compliant fund – the Estland & Partners Freedom Fund UI.
Tom Sandell, the New York hedge fund manager whose firm, Sandell Asset Management, has been actively trading in the merger arbitrage space for the last 12 years, spoke this week to Ci
Estlander & Partners has launched the Ucits III compliant Estlander & Partners Freedom Fund UI.
The German domiciled fund is a Ucits III compliant version of the non-Ucits Estlander & Partners Freedom fund.
The fund realises a combination of the company’s managed futures strategies Global XL and Alpha Trend.
The fund uses a total return swap that is provided by Newedge Group’s Ucits III compliant platform and participates in the performance of the Estlander & Partners Global Systematic Index.
The strategies have the freedom to allocate risk exposure to four asset classes: equity indices, interest rates, currencies and
Ucits hedge funds ended the third quarter with a progression of 1.09 per cent in light of the strong rebound of the equity market, according to the Ucits Alternative Index Quarterly Industry Report.
The best performing index for the period is the Emerging Markets Index followed by the Event Driven Index with respectively 3.43 per cent and 3.11 per cent.
The worst performing indices are commodities and equity market neutral which fell 1.51 per cent and 0.48 per cent respectively.
On a year to date basis, the Fixed Income Index is still the best performing one with 3.75 per cent
Amundi has launched Amundi Funds Multimanagers Long/Short Equity, a new sub-fund of its Luxembourg-domiciled umbrella fund Amundi Funds.
This sub-fund invests in Ucits III funds employing long/short and/or equity arbitrage strategies, as well as volatility management.
The fund aims to outperform Eonia by five per cent per annum while maintaining a maximum level of annual ex-post volatility of eight per cent.
Amundi says the current environment of low interest rates, economic uncertainty and high volatility is particularly favourable for absolute return strategies, which aim to capitalise on the divergence in performance between securities, sectors or geographic regions rather than
GLG Partners LP, Man Group’s newly acquired investment manager, has announced this week that it is launching a UCIT
London-based independent fund manager, Absolute Return Partners, is due to make its debut in the UCITS space with the launch of its ARP Global Equity Alpha Fund in the next four or fi
Swiss banking group SYZ & CO has this week announced the appointment of Xavier Guillon
New figures released by Ireland’s Central Bank show that its fund industry’s total assets under administration have reached a record level of EUR1.8 trillion; up from E
Poor harvests in the US this year are causing some industry commentators to predict a second food crisis and repeat of the one seen in 2007-8, with the US Department
