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ML Capital Asset Management is reporting high levels of demand for both European and US long/short equity funds this quarter, with a healthy swing towards UK equity strategies.
The investment manager and promoter of the MontLake UCITS Platform has launched the 14th edition of the quarterly ML Capital Alternative UCITS Barometer, which is designed to help identify and anticipate key trends in the demand for the major strategies within the alternative UCITS sector.
The Barometer also highlights strong levels of support for market neutral, fixed income and global macro sectors. While global macro has consistently been one of the
Clearstream has reached a key milestone for developing a direct settlement link to the Taiwanese market by opening an account with the Taiwanese central securities depository.
As part of its Asia strategy, Clearstream is working with the Taiwanese Central Securities Depository (TDCC) to develop a direct settlement link for global investors and issuers to access the Taiwanese international bond market such as the Renminbi-denominated “Formosa bond”.
By opening an account with the TDCC, Clearstream becomes the first international central securities depository (ICSD) foreign participant of this local CSD and kicks off the process for establishing a settlement link in
Robert Leonard and Michael Mavrides have joined the law firm Proskauer’s hedge fund group as partners in the firm’s New York office.
The addition of these practitioners will enhance the firm’s ability to serve hedge fund clients across the universe of fund types and strategies.
Leonard’s industry experience spans over 25 years, representing, structuring and organizing domestic and international hedge funds, funds of funds, and other private investment funds and fund managers. He advises on master-feeder, side-by-side and mini-master funds for hedge fund managers across all investment disciplines. He also has substantial experience with seed deals and funds of one. Leonard also has
2013 was the best year for IPOs of listed investment companies since 2007, in terms of both numbers of new funds launched and the amount raised, with 21 London listed investment company launches raising GBP3.5bn, writes Joe Truelove, Director of Carey Group.
Secondary issuance in the sector saw existing funds raise an additional GBP2.5bn. The market hasn’t quite reached the boom in launches of the period 2005 – 2007 which saw 215 fund launches in a three year period but this is a return to the typical number of listed fund launches of the era before the boom but with
Volante Technologies has enhanced Volante Designer version 5.0 to support the Hadoop framework.
Integrating Hadoop functionality into Designer enables Volante clients to set up analytic conditions and feed data sets directly into a high-end analytical Hadoop environment of their choice.
Users can start the design, development and testing of a 'Big Data' analytical solution without having to pre-install a Hadoop engine or hire technical experts. This makes it easier to set up and analyse previously inaccessible large hybrid data sets stored in data warehouses, in a short timeframe with little upfront investment.
Using Volante and Hadoop, complex
BTIG, a financial services firm specialising in institutional trading and related brokerage services, has secured a strategic investment from CLSA.
BTIG and its global affiliates will continue to operate as fully independent organisations.
CLSA, an Asian independent brokerage and investment group, is based in Hong Kong and has offices around the globe.
“We are excited by CLSA’s investment,” says Steve Starker, co-founder of BTIG. “CLSA shares our commitment to providing institutional clients with superior services.”
In the last decade, BTIG has grown from four individuals in a single office to over 450 professionals worldwide working in nine
Financial services advisory firm Kinetic Partners has made promotions across its global teams.
There are four promotions to member: AnnMarie Croswell in Hong Kong, Jess Shakespeare in the Cayman Islands and Ian Manson and Richard Crannis in London.
Claire Simm is promoted to director in London and Katrina Banh and Jason Bleau are promoted to associate director in Hong Kong and London respectively.
Julian Korek, CEO, Kinetic Partners says: “The regulatory landscape is dramatically different to five years ago. Regulators are scrutinising company procedures far more and also working together to bring international enforcement actions. Companies now have
Placement agent Eaton Partners has launched a secondary advisory group following the addition of three senior professionals, Michael Pilson, Alexander Mejia and Kevin Imhoff.
The formation of the secondary advisory group further enhances Eaton Partners' product offerings and capabilities as secondary market activity continues to play an increasing role in both general partner fundraising and limited partner portfolio management activities.
Pilson, Mejia and Imhoff previously ran the secondary advisory business at Atlantic-Pacific Capital, where they advised a wide range of clients on secondary market transactions.
"We are extremely excited about adding Michael, Alex, and Kevin to our team. As the private
The international derivatives market Eurex Exchange achieved a new milestone in its dividend derivatives segment in March 2014.
For the first time, the overall monthly volume exceeded one million contracts since launch of the segment in June 2008.
The total number of traded contracts was 1,086,054, bringing the open interest to 3.2 million contracts (as of 1 April).
A further all-time monthly high was recorded in the options on the Euro Stoxx 50 Dividend Futures with more than 250,000 contracts. Additionally, the sub-segment single stock dividend futures had its second-best month with more than 400,000 contracts.
Based
ML Capital announced this week the launch of the North MaxQ Macro UCITS fund on its MontLake UCITS platform. London-based North Asset Management has been successfully managing the North MaxQ Macro investment strategy for over 10 years.
The mandate is discretionary global macro, targeting a through cycle absolute return in excess of 10 per cent with 65 per cent of the risk typically allocated to countries within Europe. Founding Partners, Nick D'Onofrio, George Papamarkakis and Belinda Godwin have committed their own capital to both the Firm and Fund, highlighting their belief in both the fund's strategy and performance.
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