Latest News
The Multi-Strategy Fund of Funds (FoHF) PCAM Select, which was launched in August 2018 with approximately USD60 million, has recently surpassed USD100 million assets under management (AUM).
At the end of February 2019, PCAM Select reported more than USD140 million in AUM. The fund continues to accept further investors. It is the successor to the highly successful PCAM Blue Chip Ltd, which was launched in 2007 and stopped accepting new funds at the end of 2017 after reaching an investment volume (AUM) of around USD850 million.
“PCAM Select is attracting a great deal of interest from institutional investors,” says
Trium Capital, a London-based alternative investment specialist, has partnered with New York based Chesapeake Asset Management (CAM) to offer a global equity fund – The Trium Chesapeake Global Equity UCITS Fund – which launched last month.
The fund’s global, nimble approach allows the portfolio manager to dynamically shift focus to areas where opportunity is greatest at any given time. It uses top-down country and industry research, as well as fundamental analysis to identify companies facing multi-year opportunities – or threats – that go beyond normal cyclical fluctuations. The portfolio is actively managed with a heavy emphasis on risk management and
EnTrustPermal – one of the world’s largest hedge fund investors and alternative asset manager headquartered in New York and London – has rebranded the firm as EnTrust Global.
“This announcement speaks to our international expansion, as we currently serve clients from 47 different countries around the world,” says Gregg S Hymowitz (pictured), Chairman and Chief Executive Officer of EnTrust Global, as well as Chair of its Investment Committee. “Moreover, as EnTrust Global continues to pivot from traditional alternatives products to provide differentiated investment offerings, the firm’s business today encompasses an enhanced and global suite of capabilities. “
Hymowitz adds: “We
Apex Group Ltd (Apex) has acquired Atlantic Fund Services (Atlantic), a US-based fund administrator serving the traditional and alternative mutual fund market. Apex is a portfolio company of Genstar Capital.
The acquisition adds a further USD12 billion in assets under administration to the Group’s portfolio and is a strong strategic fit for Apex’s US expansion given Atlantic’s complementary mutual fund client base and specialist 40-Act service capabilities. The addition of the Atlantic business further builds on Apex’s growing presence in North America adding 75 people in Portland, Maine to Apex’s existing offices in Atlanta, Charlotte, Chicago, Costa Mesa, New York
ESG investment considerations have risen to prominence in recent years as institutional investors think more carefully about the impact their investments have on the world, and on society at large. It is an issue that all investment managers – traditional and alternative – can ill afford to dismiss.
And as alternative data sets become more widely available, the way that managers think about ESG factors in the investment process is continually evolving; both in terms of corporate credentials, and measuring whether ESG investing can lead to improved performance in their portfolios.
It is a topic that splits opinion and will
Resonanz Capital, a Frankfurt-based hedge fund advisory business led by Vincent Weber, Ivo Zonev and Iliyan Iliev, has launched as an independent business with mandates worth more than USD1 billion.
The firm is aiming to establish itself as one of the few German experts in the analysis, selection and management of hedge fund portfolios for institutional investors.
Weber (pictured), co-founder and CEO of Resonanz Capital, estimates that there are some 6,000 hedge funds on the market across the world at present. He and his team believe that around 1,000 of these are, in principle, investable. However, as hedge funds
Valentino Vasi has joined Seward & Kissel as counsel in the firm’s Investment Management Group. He was previously with the firm Carter Ledyard & Milburn LLP.
Vasi has spent more than 20 years practising corporate and securities law, with a focus on advising financial services firms on compliance, regulatory, and related legal issues. In particular, he is known for his work providing regulatory counsel and developing compliance programs for broker-dealers, hedge funds, investment advisers, and mutual funds. He frequently represents clients before regulatory agencies, and previously held senior in-house positions with investment advisers, broker-dealers, and money managers where he helped establish state, federal, and
Northern Trust Asset Management has named Magellan Asset Management Limited (MFG Asset Management) as a sub-adviser to the recently launched Anchor MFG Global Equity Fund.
This strategic partnership will provide institutional investors in Japan with exclusive access to Magellan’s global equity strategy, the Magellan Global Plus Strategy.
With more than USD100 billion of assets under management (AUM) in multi-manager investment solutions, Northern Trust Asset Management is a global outsourced chief investment officer (OCIO) leader in sourcing investment managers who exhibit innovative investment ideas to serve the evolving needs of global investors. Its robust multi-manager offering complements the firm’s suite
Vistra, a global trust, fund administration and corporate services provider, has appointed Alan Brown as Group Chief Executive Officer (CEO) and Geoff Weir as Group Chief Financial Officer (CFO). Both will join Vistra in April.
Based in Vistra’s headquarters in Hong Kong, Brown and Weir will also join the company’s Board. Their appointments are subject to regulatory approval. Simon Hinshelwood, who has been leading the business as the Executive Chairman, will resume his Non-Executive Chairman role on the Board.
Brown has extensive experience in leading global organisations, in particular, businesses going through significant transformations. He has worked across a number
Fenergo, a provider of digital Client Lifecycle Management (CLM) solutions for financial institutions, has launched Fenergo Hierarchy Manager (FHM), an ultimate beneficial ownership (UBO) and counterparty hierarchy modelling and visualisation tool.
Built on the latest Force-directed graph technology, FHM aims to streamline anti-money laundering (AML) screening enabling financial institutions to better manage and mitigate risk.
The new solution provides financial institutions with a single aggregated view of hierarchy relationships, associations and beneficial owners via interactive analytics and dashboards. Users can now easily identify the connections between beneficial owners, associations, counterparties and customers, helping to highlight potential links to financial
