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Altana Wealth, the investment management group founded by Lee Robinson, has launched a UCITS version of its absolute return Altana Corporate Bonds Fund (ACBF).
The UCITS fund, which is unconstrained, is now open to outside investment and launched with EUR15 million.
Altana is offering both income and accumulation share classes for both retail with a 1.25 per cent management fee, and institutional with a 0.75 per cent management fee.
With low annualised volatility at less than four per cent, the UCITS will attract a SRRI risk rating of just 3. The fund has UK reporting status and offers
Market participants in Asia and Europe see the development of offshore centres in Europe as having a key impact on the global liquidity of China’s trading currency, the renminbi (RMB), according to a study by Aite Group.
The report – Internationalising the Renminbi: Weaving a Web for the Next World Currency – which was commissioned by Clearstream, is based on interviews with market participants in Asia and Europe.


More than half of interview respondents contacted during Aite Group’s research believe that Europe will play a key role in the currency’s internationalisation process, though some raised questions around its long-term
What is the connection between family offices and investment funds? Joe Truelove, Director at Carey Group, explains why both increasingly need each other and the benefits to be gained from the convergence…
What exactly is a family office?
There is no strict legal definition of what a family office actually is but the term, although not new, has become incredibly popular and covers a variety of meanings. A family office is normally used to describe the employees of an ultra-high net worth family. They might help an entrepreneur to run a business empire or manage the family's property and liquid
Hedge funds posted their second consecutive month of negative returns in April with the Eurekahedge Hedge Fund Index down 0.15 per cent as global markets continued to falter amid a sluggish start to the year. On a year-to-date basis, hedge funds are up 0.78 per cent, slightly ahead of the MSCI World Index, which has returned 0.75 per cent in the first four months of the year.
Global hedge funds were up 0.78 per cent year-to-date as North American, European and Latin American managers lead with gains of 2.16 per cent, 1.03 per cent and 0.38 per cent respectively. The Top 100
The SS&C GlobeOp Forward Redemption Indicator for May 2014 measured 4.32 per cent, up from 3.23 per cent in April.
“Forward redemptions increased for the month of May, with the bulk of activity representing typical semi-annual requests,” says Bill Stone, chairman and chief executive officer, SS&C Technologies.
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp on the GlobeOp platform, divided by the AuA at the beginning of the month for SS&C GlobeOp fund administration clients on the GlobeOp platform.
Forward redemptions as a
Recon Capital has launched a white label ETF Platform enabling asset managers, hedge funds, and registered investment advisers (RIAs) to tap into the USD1.7 trillion exchange-traded fund industry.
Recon's ETF Platform helps asset managers bring innovative investment solutions to the exchange-traded fund and 1940 Act space.
The platform focuses on providing better investment solutions in a liquid, transparent, and cost effective manner.
Recon Capital launched its first exchanged-traded fund on the platform, the Recon Capital NASDAQ 100 Covered Call ETF, on 12 December 2013.
Currently, new entrants into the ETF space need to make a significant upfront
Liquid Holdings Group has signed a joint marketing agreement with ConvergEx Prime Services, the prime services division of ConvergEx Group.
Under the terms of the agreement, ConvergEx Prime Services will offer the Liquid platform as an option to its broad portfolio of prime brokerage clients including hedge funds, family offices, mutual funds, and registered advisors, and Liquid will refer its clients to ConvergEx for prime brokerage services.
“We are thrilled to work with ConvergEx Prime Services, one of the leading names in the prime brokerage industry, because we share a common commitment – empowering hedge funds to build more
Calastone has implemented its Proquote connection, providing real-time market data coverage of the global markets with integrated trading supporting a number of exchange venues.
The connection with Proquote, which is owned by the London Stock Exchange, has already seen Investec Wealth & Investment (IW&I), which is part of the Investec Group, send through over 75 per cent of their order routing volumes via automation.
In 2013, Calastone connected with Proquote enabling their clients who trade in mutual funds to send trades to the market via straight-through-processing (STP). Calastone built the initial FIX connection in partnership with Investec WI, who
IntercontinentalExchange Group’s Liffe is to introduce futures based on the FTSE 100 Equally Weighted Net Total Return Index.
Following regulatory approval, Liffe will launch the industry's first futures contract on the FTSE 100 Equally Weighted Index on 27 May 2014 via Bclear, the exchange's wholesale facility.
The new contract will complement Liffe's existing franchise of FTSE index derivatives.
Liffe is currently the only exchange to offer futures contracts on equally weighted indices, which are also known as 'Smart Beta' Indices. These benchmark products have become increasingly popular with the investor community as they seek to reflect the performance
Northern Lights Capital Group and WHV Investment Management have invested in EAM Investors, a California-based manager which focuses on small and micro-cap equities.
Northern Lights and WHV will be teaming up with EAM to grow its international business, consisting of international small cap, emerging markets small cap, and international micro cap equity strategies.
EAM currently manages USD987 million and was founded in 2007 by Travis Prentice, Montie Weisenberger and Josh Moss, who all have managed small and micro-cap portfolios for institutional clients for over 12 years.
“We’re excited to partner with the team at EAM, and believe they
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