Managers
Arqaam Capital, an emerging markets investment bank, has launched a global macro multi-asset fund as part of its growth-led strategy and diversification into the alternatives space.
The Arqaam Global Macro Fund (AGMF) is a global macro systematic fund invested in liquid and transparent global markets.
It has its origins in a combined technology and trading experience, acquired by team members over decades at Arqaam Capital, Areski Capital and top-tier international investment banks and leading hedge fund managers. The fund will be managed by Areski Iberrakene as chief investment officer.
Prior to co-founding Areski Capital, Iberrakene was global co-head
Solactive has expanded its smart beta offering with the launch two indices in the infrastructure space, the Solactive Global Infrastructure High Income Index and the Solactive Global Infrastructure Income Index.
These indices offer exposure to an investible basket of infrastructure companies from developed markets screened for high dividend yield and low volatility.
The Solactive Global Infrastructure High Income Index offers more focus on dividend income, by only selecting stocks that are expected to pay a dividend in the next quarter. The indices are licensed to JP Morgan who will develop structured products for their distributor clients.
Infrastructure has
Quintillion Limited, the European-based affiliate of US Bancorp Fund Services, has been awarded Best UCITS Liquid Alternative Fund Administrator at the 2017 Hedgeweek Global Awards in London.
The awards celebrate the achievements and accomplishments of the past year among leading hedge fund managers and service providers.
“We are honoured to be recognised as the leading UCITS liquid alternative fund administrator,” says Linda Gorman (pictured), CEO of Quintillion. “We take pride in putting our strength and integrity into every relationship. Our team works diligently to understand the unique needs of our clients and provide a customised servicing solution.”
The
Trumid, a financial technology company that improves trading efficiency and market intelligence in the corporate bond market, is to acquire fellow all-to-all trading platform Electronifie.
The acquisition will increase the size and diversity of the Trumid user network and strengthen Trumid’s team and technology offering.
Following a regulatory approval process, Trumid expects the transaction to close early in the second quarter of 2017.
Upon closing, over 350 institutions will be on board Trumid Market Center, the company’s all-to-all trading network for corporate bonds. This includes 20 of the top 25 asset managers in the world and 60 broker-dealers.
Luxoft is to acquire derivIT, a Singapore-based financial services-focused technology consulting provider.
derivIT provides experience of leading platforms in credit and risk management and capital markets.
The completion of the transaction is subject to approval by the Reserve Bank of India, as well as satisfaction of several other customary conditions precedent, and is expected to occur in the coming weeks.
This transaction provides a foundation on which Luxoft intends to build its delivery platform in APAC to service numerous high-potential clients in the region. In addition to helping Luxoft pursue new business opportunities in financial, automotive, telecom and
Venture capital fund Suir Valley Ventures, which was launched in partnership with Shard Capital Partners in February 2017, has made its first investment in Immersive VR Education (IVRE), a developer of virtual reality (VR) software and immersive experiences with a specific focus on education.
Suir, together with Kernel through the Bank of Ireland Kernel Capital Venture Funds and Enterprise Ireland, have invested a combined total of EUR1 million in IVRE.
A spin-out from WIT's research-based Telecoms Software and Systems Group (TSSG), IVRE’s platform provides virtual reality content that can be used in schools, colleges, universities, research centres and corporate
Venture capital fund Suir Valley Ventures, which was launched in partnership with Shard Capital Partners in February 2017, has made its first investment in Immersive VR Education (IVRE), a developer of virtual reality (VR) software and immersive experiences with a specific focus on education.
Suir, together with Kernel through the Bank of Ireland Kernel Capital Venture Funds and Enterprise Ireland, have invested a combined total of EUR1 million in IVRE.
A spin-out from WIT's research-based Telecoms Software and Systems Group (TSSG), IVRE’s platform provides virtual reality content that can be used in schools, colleges, universities, research centres and corporate
BRI Partners has launched the first in a new range of investable hedge fund indices designed to deliver the beta of hedge fund strategies – the BRI Long/Short Equity Index (BRILSE), calculated by Wilshire Associates.
BRI Partners has developed eight indices in total which will be rolled out over the coming months.
Unlike existing hedge fund indexes, the BRI Indexes do not measure the performance of hedge fund managers and, therefore, do not rely on managers to provide a snapshot of month-end results. Decades of economic and academic research are the foundation for each BRI Index, which are built
Alternative investment firm Saba Capital Management has launched CEFS, an actively managed ETF that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value (NAV) and hedging the ETF's risk to rising interest rates.
This is Saba's first ETF.
Closed-end funds are listed investment vehicles that trade at a premium or discount to NAV as a result of market technicals and sentiment.
Saba specialises in fixed income and equity closed-end funds trading at a discount to NAV, given they typically offer higher yield and return potential than the underlying
By Ronan Guilfoyle (pictured) and Casey McDonald, independent directors, Calderwood, a Cayman Islands Fund Governance Firm – It is not uncommon these days for an investment fund to find itself in the situation where it may be able to recover certain assets through the process of litigation. Perhaps an investment has soured but left the fund with claims against certain associated parties, or alternatively, the fund could find itself in the scenario where it has claims against its service providers, possibly due to fraud or some other unfortunate circumstances, which have made the fund no longer viable.
The duties of a director
