Managers
Buried in the recent consultation paper on the Alternative Investment Fund Managers Directive (AIFMD) are stringent rules on pay that will have far reaching consequences for the asset management industry, say experts at PwC.
The rules, from the European Securities and Markets Authority, will affect alternative investment firms which escaped the FSA’s regulations on bank pay, including many private equity houses and hedge funds. They will also mean more onerous restrictions for those investment firms already caught by the FSA requirements, and could even hit some firms outside Europe.


The rules are in line with those introduced to other
Two new funds from US and UK fund managers are being launched on Alceda Fund Management’s platform the firm announced this week.
360 Global Capital, a New York-based hedge fund advisor has launched an onshore UCITS version of its equity l/s fund reported HFMWeek this week.
In its latest UCITS Barometer survey, Malta-based ML Capital has found that merger arbitrage is the strategy most favoured by alternative UCITS investors, with 79 per cent planning to increa
Castlestone Management “continues to operate as normal” despite having the FSA descend on its offices i
Merger arbitrage emerged as the strategy most in demand with alternative UCITS investors, with 79 per cent of all respondents planning to increase or maintain their exposure in the coming quarter, according to ML Capital’s latest survey of the growing sector.


ML Capital surveyed a diverse range of active alternative UCITS investors, who collectively manage EUR50 billion and today invest upwards of EUR10 billion into Alternative UCITS products. Questions are aimed at discovering their forthcoming strategy allocations and are asked each quarter to the same respondents, in order to track asset flows between UCITS strategies.


The survey found that merger
Frontier Investment Management (Frontier) has launched Euro and Swiss Franc share classes for its FrontEdge Global Hedge Fund in response to growing demand from Swiss and European family offices and institutions. The two new additions mean the fund now offers Sterling, US Dollar, Euro and Swiss Franc share classes.
FrontEdge Global Hedge Fund combines investments across over 50 single hedge fund managers, segmented across strategy, size and geographical focus with a significant allocation to a proprietary blend of synthetic replication strategies. The Fund, provides investors with an efficient means to access the returns of the global hedge fund industry while mitigating
GLG Partners, now part of Man Group Plc, this week announced the launch of their 10th UCITS fund since July ‘09.
UCITS attracted nearly EUR23billion in net sales for May, up slightly from EUR21billion in April.
John Locke Investments, the independent CTA operating out of Fountainebleau, this week announced the launch of an onsho
