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Circle Squared Alternative Investments (CSQ) has partnered with USD1.5bn money management and investment consulting firm Strategic Capital Alternatives (SCA).
SCA provides customised investment portfolio models and operational platforms to independent registered investment advisors (RIAs).
The partnership is aiming to empower advisors who work with SCA to capitalise on an investment model long employed by institutional investors – the outsourcing of highly specialised CIO-level analysis – but just now becoming available to independent financial advisors.
“Our OCIO model is a direct response to advisors’ recognising their efforts are much better spent on gathering assets than managing them, something institutions figured out
Credit and alternatives investment manager Palmer Square Capital Management has launched its sixth mutual fund, the Palmer Square Long/Short Credit Fund (PCHIX, PCHAX).
Christopher D Long, president of Palmer Square Capital Management, says: "We believe this is an ideal environment for long/short credit and are very pleased to now be able to offer our long/short credit strategy as a single-strategy mutual fund. We believe that the Fund offers investors a unique alternative to traditional fixed income investments, as our team seeks absolute returns on both the long and short side while aiming to minimising volatility and exposure to interest rate
Silvaris Capital Management has launched the Silvaris Global Equity Fund, a UCITS version of its successful global equity long/short strategy, on the Alpha UCITS platform.
Eric Halet, a former Portfolio Manager at Wellington Management and previously co-founder and co-CIO of Algebris Investments, launched Silvaris in April 2013. Silvaris is a diversified global equity long/short fund with a strong expertise in Global Financials, Infrastructure and high-quality mid-cap companies in Europe, Emerging Markets and Japan. The fund seeks to produce asymmetric returns by focusing on alpha generation to protect capital in challenging markets while adopting a clear net long exposure when
By Dominic Wheatley, Guernsey Finance – Guernsey’s 50 years as a funds centre makes it an ideal jurisdiction in which to nurture innovative open-ended funds, argues Dominic Wheatley from Guernsey Finance.
At a time of unprecedented change in the asset management community, investment houses will be glad to know that Guernsey is a jurisdiction which not only is a well-established international funds domicile but also provides innovative solutions, including for open-ended platforms.
Global client base
Guernsey’s open-ended funds sector includes approximately USD140bn of hedge funds and funds of hedge funds business as well as more traditional equity, bond and money
The Securities and Exchange Commission has charged a Buffalo, NY-based investment advisory firm and two co-owners accused of making false and misleading statements to clients regarding investments in a hedge fund.
The hedge fund’s portfolio manager has agreed to settle similar charges.
The SEC’s Enforcement Division alleges that Timothy S Dembski and Walter F Grenda Jr steered their clients at Reliance Financial Advisors to invest in a hedge fund managed by Scott M Stephan, whose experience in the securities industry was greatly exaggerated in offering materials they disseminated. Dembski and Grenda allegedly knew that Stephan had virtually no hedge fund investing
Global assets under management* of the private real estate industry have reached USD742bn, an all-time high for the industry, and up from USD697bn as of the end of 2013. Preqin’s Andrew Moylan takes a look at the latest stats on the industry.
Preqin’s latest research shows the private equity real estate industry continued to grow in 2014. The aggregate assets under management (AUM) of closed-end private real estate funds stands at USD742bn as of June 2014, an increase of USD45bn since December 2013. Total AUM has increased by 63% since December 2010, with a large proportion of this growth accounted
The Lyxor Hedge Fund Index was up +1.3% in November (YTD +0.1%). 8 out of 12 Lyxor Indices ended the month in positive territory, led by the Lyxor CTA Long Term Index (+7.8%), the Lyxor CTA Long Term Index (+5.9%), the Lyxor Special Situation Index (+3.0%) and the Lyxor Lyxor L/S Equity Market Neutral Index (+1.6%).
The rally that started in mid-October extended throughout November without affecting major sovereign bonds. Risky assets were supported by a reflation momentum in Japan, China and, prospectively, in Europe. Meanwhile the acceleration of the plunge in crude oil prices triggered a crossasset repositioning, offering
Hedge funds in Europe that are rushing to outsource their compliance to meet looming reporting deadlines under the AIFMD are largely failing to consider the risks of doing so, according to ViClarity.
ViClarity estimates around seven in 10 hedge fund firms in Europe are outsourcing their reporting. But it believes many of these have failed to realise that the AIFMD requires fundamental changes to business structure, conduct and processes – and are implementing quick fixes that will unravel in the medium term.
Ogie Sheehy, Founder and Chief Executive Officer, ViClarity, says: “AIFMD is not just about changing the activities of
LNG Capital has appointed Holly Grainger as Co-Manager of its flagship LNG Europa Credit Fund. She will run the fund alongside LNG Capital’s CEO & Founder Louis Gargour.
Grainger joined the firm in February 2014 and has over 15 years of investment experience, in both the corporate credit & equity markets, having previously held senior investment management positions at Baring Asset Management, Aviva Investors and F&C Asset Management. Grainger has a BA in French and German from the University of Exeter, holds the Investment Management Certificate and is a Chartered Financial Analyst.
LNG Capital has also recruited three
Liquidnet, the global institutional trading network, has launched Execution & Quantitative Services (EQS), a global group headed up by Rob Laible, who joined the company earlier this year.
Liquidnet is seizing on an opportunity to provide its network – which includes more than 770 of the world’s leading asset managers – with new and more efficient ways to optimally source diverse liquidity and satisfy best execution objectives. Through cutting-edge technology, a continued focus on block executions and an expanded offering that includes trade advisory and execution solutions, Liquidnet is helping to remove barriers to liquidity and more efficiently manage factors
