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Two investment management platform firms have formed a partnership to offer a one-stop hosting solution to their international client base of hedge funds, private equity and real estate funds.
Laven Partners will provide UK Appointed Representative and AIFM solutions as well as its unique and world-leading compliance technology monitoring solutions. Fuchs Asset Management meanhwile, an established management company in Luxembourg covering UCITS AIFMD and MIFID solutions, will provide an umbrella to suit every client’s needs. Laven Partners has offices in London and New York. Fuchs Asset Management has offices in Luxembourg, Belgium and Switzerland.
The partnership will give Laven’s
The Gemini Companies (Gemini) has shared insights (via a recording) from a recent Gemini-hosted event in Boston that demonstrated how its DMA structure may provide significant savings over traditional multi-fund structures. During the event, Susan Barreto, Editor at Large for HFM Global, interviewed David Young, President of Gemini’s Hedge/Alt Solutions, who provided concise examples of clients realizing these quantifiable savings.
Young walked the audience of senior fund industry executives through a DMA. He explained how the DMA’s capacity can allow the asset owner and investment manager to negotiate strategy guidelines and management and performance fees to result in meaningful
Rimon Law has expanded its Private Fund and Securities Advisor team with the appointment of Geoffrey Perusse as a Partner in the firm’s San Francisco and Lake Tahoe offices.
Perusse’s practice focusses on private fund formation, investment activities, securities regulation and compliance matters. He regularly represents sponsors and managers of private funds across various asset classes, including real estate, private equity, debt, venture capital and hedge funds, with respect to the structuring, formation and operation of the funds, regulatory and compliance matters and investing activities.
Perusse joins Rimon from VLP Law Group, where he was a Partner. Perusse brings his
Nordea Asset Management has launched a European long/short equity strategy – the Nordea 1 – European Long/Short Equity Fund – a liquid alternative strategy designed for investors searching for yields higher than traditional fixed income products, while at the same time seeking lower volatility than long-only equity funds.
Stockholm-based Madrague Capital Partners AB, which is 40 per cent owned by Nordea Asset Management Holding AB, will manage the fund.
“We are looking forward to the launch of our first fund together with Nordea,” says Lars Franstedt, CIO and portfolio manager at Madrague Capital Partners. “Our belief is that the investment
While most eVestment users’ top viewed products globally and regionally fell into the equity category in October, Europe ex-UK users pushed three fixed-income products and two hedge funds on to that region’s list of most-viewed products, according the November 2018 eVestment Advantage Viewership Report.
The Advantage investment viewership data is generated through the eVestment Advantage solution and based on tracking daily eVestment user reviews of investment universes and products on eVestment. The report looks at Global, United States, United Kingdom, Europe ex-U.K., Japan, Asia ex-Japan, Australia/New Zealand, Africa/Middle East and Canada profile viewership activity among the institutional investors and consultants
Canterbury Consulting, a Newport Beach-based institutional investment advisory firm with more than USD18.3 billion in assets under management, will turn to Canoe Intelligence (Canoe), in a multi-year relationship to efficiently digitise, track and organise thousands of documents and data points.
“Canoe’s system will help track and organise all our clients’ documents,” says Mike Ethridge, COO, Canterbury Consulting. “Transitioning from the time-consuming task of manually reviewing and sorting everything to Canoe’s intelligent system will be a huge win for our clients.”
Canoe’s first-of-its-kind technology eliminates manual data entry for alternative asset investors. The technology allows institutions, LPs, and family offices
The European Energy Exchange (EEX) and the Independent Bulgarian Energy Exchange (IBEX), have signed an agreement on the cooperation in the Bulgarian power market.
As part of the cooperation and subject to the approval of the relevant authorities, EEX will list Euro-denominated and financially settled Base Week, Month, Quarter and Year Futures for the Bulgarian market. The new Bulgarian power futures will be settled against the day-ahead spot market price calculated by IBEX. The introduction of the contracts is planned for the first half of 2019.
“The cooperation with IBEX is a decisive step in the development of
Eurex, Europe’s largest derivatives exchange, and Vela, a global leader in trading and market access technology, have teamed up to facilitate electronic access to Eurex EnLight, a new selective request-for-quote (RFQ) platform, via Vela’s Metro Trading Platform.
This further supports market participants seeking to trade via Eurex EnLight as Vela’s technology solution will be a new alternative to the existing ways of accessing the RFQ platform. With this development, market participants can expect further operational efficiencies, regulatory compliance with data reporting tools and best execution, improvements to accessing liquidity, and a reduction in quote response times on the platform.
Boutique global equities manager, Bell Asset Management, has been awarded an AUD130 million global small and mid-cap equity mandate (SMID) by industry super fund, Energy Super.
The announcement marks a significant milestone for Bell Asset Management which is experiencing increased investor demand and interest in its global small and mid-cap market strategy.
Managing Director, Strategy & Distribution of Bell Asset Management, Rob Sullivan, says the new mandate is indicative of a strengthening pivot towards quality focused active management approaches that have shown to be more resilient in more volatile markets.
“We are seeing increasing demand for this segment
Bitwise Asset Management, creator of what it says is the world’s first cryptocurrency index fund, has launched two new low-cost, liquid beta funds, holding bitcoin and ether exclusively.
The Bitwise Bitcoin Fund and the Bitwise Ethereum Fund are the second and third strategies in the Bitwise fund family, joining the broad-market Bitwise 10 Private Index Fund.
The launch of the funds is driven by inbound client interest and investor dissatisfaction with existing options, many of which carry premiums, charge exit fees, have lockups, and/or charge expenses to the fund outside the stated management fee.
“The 68 per
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