Managers
Anavon Capital has launched the Anavon Global Equity Long/Short UCITS fund on the Alpha UCITS Platform.
The fund will be run pari passu with Anavon’s global long/short strategy.
Tages Capital has acted as day one investor ensuring the UCITS fund has critical scale at launch.
Anavon Capital is a London-based hedge fund manager with a successful track record since January 2011 in managing its global equity long/short strategy. The firm was co-founded in 2010 by Avraham Mevorah and Avi Fruchter.
Prior to co-founding Anavon, Mevorah was a partner at Fortelus Capital and Fruchter was a partner at
Mount Lucas Management has launched MLM Symmetry, a globally diversified and quantitatively driven macro strategy.
The fund officially launched on 1 September 2014 with over USD50 million in assets, comprised of seed capital from firm partners and a large US family office.
Mount Lucas is currently speaking with investors about Founder’s Share opportunities, which are being offered with limited capacity.
Mount Lucas oversees three investment strategies that employ proprietary analytics and quantitative models firmly grounded in academic research and the firm’s investment experience. MLM Symmetry continues this tradition, using a risk-based methodology that reconsiders the nature of asset
Wilshire Associates has launched five liquid alternative sub-strategy indices, which now comprise the Wilshire Liquid Alternative Index.
The main index was introduced in early August and designed to serve as the industry standard for measuring aggregate performance of the liquid alternative mutual fund universe.
The new indices aim to provide relevant and precise performance assessment metrics for the most common liquid alternative investment strategies that are implemented in mutual fund vehicles.
The additional suite of targeted indices includes the Wilshire Liquid Alternative Equity Hedge Index, Wilshire Liquid Alternative Event Driven Index, Wilshire Liquid Alternative Global Macro Index, Wilshire
Following consultation with the US Securities and Exchange Commission, Euronext has received new class no-action relief for foreign options markets, enabling it to offer Dutch and Belgian equity options to certain eligible US investors.
The no-action relief applies to a broad suite of equity and equity index options.
In addition, an extension to the current arrangements on equity option contracts available for trading on Euronext Paris has been agreed.
The initiative is complementary to the existing ability of qualifying investors in the US to trade index futures on the AEX, CAC40, BEL 20 and all Euronext commodity products.
Twelve Capital has opened an office in London having received authorisation from the UK Financial Conduct Authority (FCA) to operate as a MiFID investment firm.
Within four years of operation in Zurich and supported by strong performance generation, Twelve Capital grew from USD100 million to 3.5 billion AuM and from seven to over 30 staff.
In an effort to enhance its investment and business development activities, the firm decided to establish a presence in London, the key insurance trading and finance market.
The platform enables full integration in the London market.
Preqin evaluates investor appetite for liquid alternatives and managed account structures, and examines the reasons behind investors’ growing interest in these specialized structures, based on the results of surveys with 100 institutional investors in hedge funds and 150 hedge fund managers.
In recent years, demand for greater liquidity and transparency among institutional investors has led to growing appetite for liquid alternatives and managed account structures.
These fund structures offer investors an alternative to pooled hedge fund investments and help to make hedge fund strategies accessible to different investor groups which may have previously been unable to invest in the asset
Privium Fund Management has launched the Privium Sustainable Alternatives Fund, which aims to achieve long-term capital growth by investing in investment funds focused on sustainable alternatives.
This includes micro finance funds and sustainable real estate.
The fund is structured as a Fund For Joined Account (FGR), domiciled in The Netherlands and registered with the Autoiteit Financiele Markten (AFM).
Privium has appointed Triodo MeesPierson Sustainable Investment Management BV as the fund’s investment advisor. Since launch in September, the fund has already received subscriptions totalling more than EUR215 million.
Mark Baak, director at Privium Fund Management, says: “We are
Vanguard this week launched four Irish-domiciled Exchange Traded Funds (ETFs) on the London Stock Exchange. The new funds complement Vanguard’s existing ETF range and will give UK investors the opportunity to construct low-cost equity portfolios with greater international diversification.
Vanguard Asset Management now offers thirteen ETFs in the UK. Since launching its range in May 2012, Vanguard now has more than USD10bn in European ETF assets under management.
The new ETFs will seek to track the performance of broadly diversified FTSE indices. The ongoing costs for Vanguard’s European ETF suite range from 0.07 per cent to 0.29 per cent
Castle Hall Alternatives has formed a partnership with SwissAnalytics, based in Zurich, to extend the reach of the OpsDiligence online diligence platform.
SwissAnalytics, founded in 2008, is a due diligence firm which has completed operational diligence on more than 400 fund entities.
“We’re delighted to partner with Castle Hall,” says Christian Nauer, CEO of SwissAnalytics. “SwissAnalytics and Castle Hall have, since inception, both adopted an identical business model, orientated around client service, independence of opinion, and lack of conflicts of interest. Both our firms believe that, to be effective, a diligence provider should only service the buy side investor
FinEx group has entered the commodities arena through the establishment of a specialist boutique business providing hedging and risk management services to commodity producers and consumers on a global basis.
The business enterprise established through FinEx Commodity Partners will provide a full range of over-the-counter (OTC) solutions and transactions to a global client base, through the creation of hedging programmes and strategies specifically tailored for each client’s individual demands.
FinEx group has assembled a team of eight commodity and structured product professionals, led by Simon Smith, former managing director and head of OTC commodity solutions at Jefferies Bache in
