Managers
Wolf Hedge, a management company for Seven Sages Long Short Fund, has launched its second fund, Wolf Hedge Global LP.
The fund’s registration has been filed in Delaware and the Cayman Islands.
Wolf Hedge will be taking subscriptions of USD1 million+ from accredited and institutional investors.
The fund, which is open to investors, will use a global macro trading strategy. It will invest in publicly trading equities, ETFs, currencies, bonds and insurance products.
Mark Malik, Wolf Hedge CEO and the fund’s manager, says: "Our focus will still be long-short but in a bigger and broader universe. We
Global Advisors Bitcoin Investment Fund (GABI) completed its initial offer period in early September, and has now taken the first step to deploy the fund’s assets into bitcoins.
Recent price weakness has been observed and attributed to a series of factors. The withdrawal of UK banking services on the Isle of Man, issues with the NYDFS Bit-license, Russian Treasury comments and weakness in gold markets are elements which contributed to recent price weakness.
Global Advisors says it timed its entry to the bitcoin market accordingly and believes the resulting entry point represents an opportune moment to initiate this first
Fuchs & Associés Group has been granted authorisation by the CSSF for Fuchs Asset Management SA, its Luxembourg-based super management company (Super ManCo).
Fuchs Asset Management SA, which was created on 10 June 2014, operates in accordance with Luxembourg’s laws on undertakings for collective investment schemes (UCITS) and the Alternative Investment Fund Managers Directive (AIFMD).
Fuchs Asset Management offers a wide range of services for investment funds within structures governed by the UCITS and AIFMD directives, including private equity and real estate funds, as well as structuring solutions, risk management and compliance and the relocation of funds. Fuchs Asset
London-based Source, one of Europe’s leading ETF providers, this week announced that it was launching its first product in the US. Source’s first investment product to be listed on the New York Stock Exchange is the Source EURO STOXX 50 ETF, which offers highly liquid exposure to the largest blue chip stocks in the Eurozone.
The firm’s US launch is spearheaded by a management team of ETF veterans led by co-founders Ted Hood, CEO, and Peter Thompson, Chief Strategy Officer. They are joined by Executive Chairman Lee Kranefuss, an ETF pioneer and the architect of iShares, and Senior Advisor Richard
The Irish Funds Industry Association (IFIA) has welcomed the consultation by the Central Bank of Ireland (CBI) to enhance fund management company effectiveness and efficiency.
The consultation proposes further enhancements to the existing governance structure and includes a proposal to rationalise the current list of 15 designated functions under AIFMD to six functions.
It is also proposed that UCITS management companies (and self-managed UCITS) managerial functions will similarly be rationalised to six.
In order to ensure the availability of the necessary skillsets required to oversee these functions the CBI are relaxing their requirement to have two Irish resident
Omni Partners, the alternatives specialist set up by trading veteran Steve Clark in 2004, is preparing to launch its fourth product, Omni European ELS, to external investors.
Omni European ELS follows a low net European equity long/short strategy by pursuing opportunities in liquid large-cap equities in developed Europe identified via a dynamic valuation and factor process.
Omni European ELS is managed by Howard Spooner and Hugh Selby-Smith.
Spooner serves as chief investment officer and has more than 30 years of trading experience. He was most recently head of European equity trading at Barclays and previously spent time at
Hugo Bain, Senior Investment Manager at Pictet Asset Management outlines the findings of his recent trip to Russia…
Ukraine and pro-Russia rebel forces agreed a ceasefire on 5 September, the first step towards ending a five-month conflict in eastern Ukraine. But the United States and Europe have imposed fresh sanctions on Moscow in a bid to put further pressure on President Vladimir Putin. How is the country dealing with the effect of Western sanctions and how do ordinary Russians view Putin’s moves? On my recent trip to Russia, I discovered that the situation is not quite as bad as the
361 Capital, an asset management firm specialising in liquid alternative mutual funds, has filed with the Securities and Exchange Commission (SEC) to launch the 361 Global Long/Short Equity Fund.
Los Angeles-based Analytic Investors, which manages approximately USD10 billion in assets, will sub-advise the fund.
The 361 Global Long/Short Equity Fund will use the same investment strategy as the Analytic Global Long/Short Equity Portfolio, a separately managed account (SMA) which was launched in December 2009.
“The launching of this fund will provide a quality long/short mutual fund option to investors. There is clearly a shortage of attractive long/short equity
Guernsey’s financial services regulator approved 42 new investment funds during the second quarter of this year, bringing the total number of additions in the 12 months to the end of June to 131.
Figures from the Guernsey Financial Services Commission (GFSC) show that 33 new funds were approved during the third quarter of 2013 and 30 during the fourth, along with 26 during the first quarter of 2014 and 42 during the second quarter.
The GFSC approved two open-ended funds, 17 closed-ended funds and 23 non-Guernsey open-ended schemes between the start of April and the end of June. Taking
Chicago-based alternative investment firm Granite Hall Partners has held a first closing on its fifth alternative investment vehicle.
The Granite Hall Partners Credit Opportunity Fund has so far attracted USD10 million in initial seed capital sourced from family offices and high net worth investors.
The firm is seeking USD50 million for the fund to invest in six to eight leading distressed and alternative credit managers.
The fund has already made its first commitment to Apollo Credit Opportunity Fund III. The firm expects to raise capital for the next nine to 12 months.
