Managers
Following the announcement last week that Pictet Asset Management had launched a short-term high yield bond UCITS fund, the Swiss asset ma
Macro Currency Group, the specialist currency investment boutique of Principal Global Investors with over USD4.3billion
Geneva-based Alix Capital, provider of the UCITS Alternative Index family of indices has added another suite of indices following the announcement
Morgan Stanley has been selected by BlackRock to serve as one of its primary clearing brokers for over-the-counter (OTC) derivatives transactions. Morgan Stanley acted as BlackRock’s clearing broker for its first live production transactions.
“We believe that OTC clearing can help to reduce systemic risk and serve as an important mechanism to manage and reduce counterparty exposure for our clients,” says Supurna VedBrat, Managing Director and Co-Head of Market Structure and Electronic Trading at BlackRock. “We will gradually increase volumes as we move to initiate clearing across our client base, and we have been very pleased with Morgan Stanley’s partnership
Macro Currency Group, the specialist currency investment boutique of global asset management firm Principal Global Investors, has launched the Principal Global Investors Funds Multi Strategy Currency Fund, (the Fund), a Dublin-registered, UCITS-compliant vehicle.
Managed by Mark Farrington (pictured) and Dr Ivan Petej, the Fund is available to a broader cross section of investors given its UCITS wrapper and is a sign of the growing acceptance amongst investors as to the benefits of currency as a primary portfolio component.
The Fund marks the first time a currency vehicle has combined independent alpha and beta income streams in one product offering. Designed
The IMA has voiced concerns that different jurisdictions are allowing managers greater flexibility when reporting fund charges in the Key Investor Information Documents (KIID) under UCITS IV report
Pictet Asset Management announced this week the launch of its latest Lux-domiciled UCITS fund.
Germany’s Universal-Investment has announced the acquisition of SEB Master KAG, a UCITS platform, a move which Universal-Investment spokesperson Bernd Vorbeck said will strength
Oslo-based DNB Asset Management, the fund management arm of DNB, has decided to take advantage of its specialist knowledge of its domestic market by launching a Norway-focused absolute retur
HSBC has launched a High Net Worth & Institutional share classes for the HSBC Next Generation Fund.
The HSBC Next Generation Fund invests in new and upcoming hedge fund managers globally aiming for an annualised target return of 12% to 15% over a market cycle with target volatility of 8% to 10%. The Fund offers monthly liquidity.
The HSBC Next Generation Fund is a concentrated portfolio comprising of 10 to 15 emerging managers investing across all hedge fund strategies. The underlying managers must have sound industry reputation and a proven track record at investment banks and established hedge funds.
