Managers
Pioneer Investments has launched a global inflation-linked short-term strategy as an approach to managing against inflation risk.
The firm says the strategy aims to protect investors’ purchasing power and returns against inflation through the use of low duration global inflation-linked bonds.
The use of 1-5 years inflation-linked government bonds helps the strategy to be correlated with realised inflation in a low rates environment, as opposed to expected inflation.
“Often, the discussion about inflation risk only starts after it is already a problem and inflation hedges are expensive,” says Cosimo Marasciulo (pictured), head of European government bonds. “Current market
Hazeltree, a provider of integrated buy-side treasury management solutions, has added BlackRock to the partner network of Hazeltree LiquidityWeb, an integrated cash management and sweep platform.
The partnership provides mutual clients with an efficient way to manage cash and sweep unencumbered free cash to BlackRock money market funds.
Treasurers look to BlackRock for investment solutions that seek to meet their cash needs of safety, liquidity and yield. Over multiple interest rate cycles and varying market conditions, BlackRock has managed cash portfolios for many types of institutional investors including corporations, banks, insurance companies, private equity firms, and hedge funds.
BlackRock
Management and technology consultancy Brickendon has merged with Spaarks, a software consultancy specialising in rapid technology-led business solutions.
The merger is expected to grow the combined business by 150 per cent over the next 12 months. The combined group will have an expanded range of solutions to further support clients in the financial services market.
Since Brickendon launched in 2010, the company has achieved 200 per cent growth per annum. It recently opened an office in New York City.
By consolidating its services with Spaarks, Brickendon will gain new global opportunities, including a foothold in Australia’s financial services
SunOpta, a company focused on organic, non-genetically modified and specialty foods, has entered into an agreement with funds managed by alternative asset management firm Oaktree Capital Management.
Oaktree is an investor in the consumer and retail industry, with a track record of driving growth in complex consumer businesses, including AdvancePierre Foods, Campofrío Food Group and Diamond Foods.
In reaching this agreement with Oaktree, SunOpta has concluded the previously announced review of strategic alternatives for the company.
Under the agreement, Oaktree has invested USD85 million in SunOpta in the form of exchangeable preferred shares. Proceeds from the investment have
Geraud Charpin (pictured), Portfolio Manager, BlueBay Asset Management discusses how risk assets struggle to gain impetus as investors turn their attention to negative newsflow…
The uneventful meetings from the Bank of Japan (BoJ) and the Federal Reserve (Fed) earlier in September were broadly seen as a green light for risk assets, confirming that the largest actors behind the rise in asset valuations were still intent on keeping rates/yields at ultra-low levels.
In the context of benign global economic data, continued stimuli in China, stabilised commodity prices and some repair work being carried out in emerging market countries, the very
Much is made of '40 Act alternative mutual funds but with their myriad investment restrictions and daily liquidity provisions, the lesser-known registered private fund could be a more compelling proposition for hedge fund managers.
This is the view held by Tony Fischer, President of UMB Fund Services, whose Registered Fund Services platform provides a full turnkey solution for establishing and running a registered hedge fund.
"We put the turnkey platform together over four years ago and there has been steady demand for these types of structures. Liquid alternatives haven't exactly lived up to people's expectations. The can only hold up
Global assets under management (AUM) linked to firms that have become signatories to the Principles for Responsible Investment (PRI) rose 195 per cent to USD62 trillion in April 2016 from USD21 trillion in 2010.
Investor expectations and regulations are driving demand for sustainable investing, says Moody’s Investors Service.
“Integrating ESG criteria into investment decisions should limit risks within portfolios and contribute to lower volatility and better performance in the long run. The effectiveness of these strategies however will have to manifest through the cycle, as well as across teams and strategies,” says Marina Cremonese, a vice president at Moody’s.
Latitude Investment Management (Latitude), an investment management firm recently founded by Freddie Lait (pictured), has launched it first fund, The Latitude Horizon Fund, which will spin out of Odey Asset Management in early November.
The Latitude Horizon Fund (UCITS V) is a global long only Diversified Growth Fund targeting absolute returns, with lower volatility and lower fees.
The Latitude Horizon Fund will invest in a concentrated portfolio of stocks which have high-quality business characteristics and strong, or improving, industry dynamics. Alongside this, non-equity investments will be made to generate uncorrelated returns, reducing risk without compromising performance. The relative allocation
Abacus Group, a provider of hosted cloud IT solutions for alternative asset funds, has reported year-on-year growth of over 30 per cent up to the end of the third quarter of 2016.
The company’s employee count also exceeded 100 as it expanded its footprint in the Boston, Los Angeles and San Francisco markets.
“Year-over-year, Abacus has added 40 new clients, including firms in the United Kingdom and Sweden,” says CEO Chris Grandi (pictured), who founded Abacus in 2008. “We have also tripled our data centre capacity to meet the increasing demand for our services.”
Grandi adds that Abacus’s
RiverNorth Capital Management has launched the RiverNorth/DoubleLine Strategic Opportunity Fund, a closed-end fund that opportunistically invests in fixed income securities and tactically invests in closed-end funds.
The fund debuted on 28 September on the NYSE under the symbol OPP.
RiverNorth serves as the fund’s investment adviser and DoubleLine Capital serves as sub-adviser to the fund.
“We are extremely excited to again partner with DoubleLine to add another unique multi-manager strategy to RiverNorth’s existing portfolio of closed-end fund offerings,” says Patrick Galley (pictured), RiverNorth’s chief investment officer. “The fund will leverage RiverNorth’s and DoubleLine’s long performance track records across
