Managers
RBC Dexia Investor Services has won a mandate from Tages Capital SGR, a newly-launched independent investment management company based in London, Luxembourg and Milan.
RBC Dexia will provide depository bank, fund administration and shareholder services to Tages Capital’s domestic fund of hedge fund range, as well as for its Luxembourg-based UCITS funds.
The appointment builds on RBC Dexia’s footprint in Italy and its combined onshore, offshore offer. Mauro Dognini, Managing Director of RBC Dexia Italy, says: "The Italian fund management industry is undergoing significant change as local and European regulation takes effect. Outsourced solutions can help fund managers to
Hamburg-based Aquila Capital have already seen some impressive results for the UCITS CTA fund they launched in May.
The IMA this week responded to ESMA’s paper on guidelines for UCITS ETFs and Structured UCITS, in which they propose applying greater regulation, by quest
JP Morgan Asset Management this week rolled out an Emerging Markets Multi-Asset fund to invest primarily in debt and equity instruments
Schroders has made its head of institutional business, Miles O’Connor, the new CEO of NewFinance Capital, the firm’s USD4.5billion hedge fund division, reported Financial
Two Guernsey firms are merging to create the largest independent fund administration business in the island. In the 50:50 deal, described as a merger of equals, Anson Fund Managers Limited and Bordeaux Services (Guernsey) Limited will join forces and trade under the Anson name.
Peter Radford of Bordeaux, who will be Chief Executive Officer of the merged entity, believes that the move will provide critical mass and, importantly, enable the business to remain independent. Anson principal John Le Prevost (pictured above right with Radford) will become a Senior Director and Professor Richard Conder will become the new chairman of Anson
The fourth fund on Matrix’s UCITS platform was launched this week: the Cantab Quantitative UCITS Fund, a systematic global macro fund.
London-based LNG Capital is preparing to launch a UCITS-compliant version of its flagship LNG Europa Credit Fund reported HFMWeek this week.
Old Mutual Asset Managers is preparing to launch a new UCITS fund for manager Simon Murphy in the fourth quarter this year, subject to regulatory approval.
Fund information provider Morningstar has dropped its use of ‘Absolute Return’ to classify UCITS funds available in Europe and Asia and replaced it with 18 new classifications re
