Managers
Artisan Partners has launched the Artisan Developing World Fund. The Fund is managed by Lewis S Kaufman, founding portfolio manager of the Artisan Partners Developing World Team.
Kaufman joined Artisan Partners in February to start the new autonomous investment team. He has eight years of portfolio management experience, including the last five years overseeing a developing world strategy, and 15 years of industry experience.
Artisan Partners CEO Eric Colson, says: “We have been gradually evolving our investment strategies to reflect increasing degrees of investment freedom, which further allow our teams to manage investment risks and outcomes. The Developing World Fund—a
In this issue, we present the Lyxor platform’s direct exposure to Greek assets, as well as the Lyxor hedge fund strategies exposures to European assets – most likely to be impacted by a spillover effect, either way.
Societe Generale Securities Services (SGSS) has launched a fund distribution hub in Luxembourg to support asset management companies seeking to distribute UCITS and alternative investment funds internationally.
Asset managers can now access a broad local and cross-border network in Europe and Asia through one single fund distribution interface.
This centre of expertise supports asset managers through an experienced international team, with a proven track record in setting up UCITS and alternative investment funds, which works with local representative agent support services for fund distribution in 14 countries. The distribution hub provides the expertise required for entering complex international markets and
Euronext is launching a new Wood Pellet commodities futures contract aimed at producers, wholesalers and retailers in the autumn of 2015, subject to regulatory approval.
This physically-settled contract targeting the residential heating sector, will allow the industry to hedge its positions.
Wood pellets, manufactured from stem wood and untreated residues from the wood processing industry, are a fast growing, sustainable source of renewable energy, particularly in Europe where 80 per cent of the residential pellets global production is sold for use in boilers, heaters and local utilities. Environmental energy policies in the European Union are increasingly favouring renewable
Euronext has expanded its Spotlight segment with options on the shares of Refresco Gerber, a European bottler of soft drinks and fruit juices for retailers and A-brand owners.
The new options that are available for trading on the Amsterdam market follow the company’s recent successful IPO on Euronext Amsterdam.
The Spotlight segment is dedicated to the development of new option classes requested by market participants, on its Amsterdam and Brussels derivatives markets. The Spotlight options on Euronext-listed underlying values have short-term maturities of one, two and three months. The combination of added liquidity and visibility allows the option classes
Four Wood Capital Partners (FWCP) has launched a new closed-end fund, Eagle Growth & Income Opportunities Fund, which has priced its initial public offering and begun trading on the New York Stock Exchange under the symbol “EGIF.”
Four Wood Capital Advisors (FWCA), a subsidiary of FWCP, serves as Investment Advisor and Eagle Asset Management and Recon Capital Partners, LLC serves as Sub Advisors to the Fund. The Fund raised approximately USD121.5 million in its common share offering, excluding any exercise of the underwriters’ option to purchase additional shares. If the underwriters exercise that option in full, which may or may
Deloitte has formed an alliance with Recommind to deliver a managed service to investment banks, transforming the way Over-the-Counter (OTC) International Swaps and Derivatives Association (ISDA) agreements are managed.
The new offering will consist of a Deloitte service wrapping around Recommind’s Perceptiv Derivatives Contract Analysis technology in the firm’s managed service layer to ensure optimal service delivery. The SaaS platform handles the process of sifting through thousands of counterparty agreements to identify the data traders need to drive profits, including eligible collateral, interest rates, termination events, netting, thresholds and independent amounts.
“The notional amounts outstanding of OTC derivatives stood
Future economic growth and development in Asia is inextricably tied to the funding of infrastructure projects on the continent at present. In this extract from Preqin Infrastructure Spotlight – June 2015, Oliver Senchal examines the current state of the Asian infrastructure market, detailing fundraising, fund managers, investors and deals in the region.
Unlisted infrastructure fundraising
The unlisted infrastructure market in Asia remains a difficult place to raise capital; only six funds closed last year raising an aggregate USD2.7 billion and only three vehicles have held a final close so far this year (Fig 1). At this rate, 2015 is
Lawson Conner has launched ‘FinTechPLUS’, a programme to help FinTech startups to launch their new businesses quickly, compliantly and cost-effectively, with the support of an experienced team of entrepreneurs, compliance and regulatory experts.
The ‘FinTechPLUS’ programme is designed for companies offering e-money, payments, consumer loans, crowdfunding and other financial technology related services currently revolutionising the banking and finance sectors. The programme includes a number of innovative solutions, one of which is the FinTech Regulatory Incubator Platform ‘FinTIP’, which allows selected companies to become authorised in less than a month and at a fraction of the cost usually associated with
Asset under custody for private funds at Millennium Trust Company, a provider of alternative asset custody solutions to institutions, advisors, and individuals, have surpassed USD5.6 billion as of 1 June, 2015.
This represents an increase of USD600 million within the last six months. The firm’s total assets under custody exceed USD13.5 billion.
“We have experienced strong growth in all areas of Millennium’s business,” says Scott McCartan, chief executive officer of Millennium Trust Company. “However, we continue to see substantial acceleration in growth from our Private Fund Custody (PFC) service. We launched this business in late 2010 to address the
