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LGT Capital Partners has successfully launched a Chinese Yuan (CNH) share class for its Crown Managed Futures fund (CMF). Investors now have access to LGT Capital Partners’ flagship managed futures strategy while benefitting from the Chinese Yuan’s compelling macro position, its appreciation and continued market development.
Thomas Weber (pictured), Partner at LGT Capital Partners, says: “The launch of the Chinese Yuan (CNH) share class reflects our commitment to innovation and our ability to structure solutions to meet client demands. It complements other denominations including the Crown Managed Futures Gold share class, which was created in March 2008 and has achieved
Rupert Elwes (pictured), fund manager from J O Hambro Investment Management’s private client business discusses economic expectations over the next few weeks…
We expect to see co-ordinated action by Europe’s politicians and central bankers to recapitalise the fragile banking sector and allow an orderly default by Greece. In addition to this, we could see a reversal of this year’s interest rate rises by the ECB and indeed a form of ‘Quantitative easing’ (QE). Finally, lower commodity prices are starting to reduce inflationary pressures in the BRIC economies and this could lead to easier monetary policy.


Already in the UK, the
Highland Funds Asset Management has launched the Highland Alpha Trend Strategies Fund (ticker:HATAX). Anchor Capital Management Group will serve as the fund’s sub-advisor.
The Highland Alpha Trend Strategies Fund is a long/short international strategy designed for more consistently positive returns along with low correlation and low volatility relative to regular equity indexes. It is expected to be classified in the Morningstar Multialternative category.
The fund’s strategy will be comprised of two components: rotating investment positions primarily among country- and region-specific exchange-traded funds (ETFs), and taking long and short positions in broad equity indexes to vary the fund’s net exposure over
Ecofin Limited, an investment management firm specialising in the global utility, infrastructure, energy and alternative energy sectors, launched the Ecofin Global Oil & Gas Fund. This Cayman registered fund employs a long/short equity strategy, close to market-neutral. It offers monthly liquidity and launched with USD32m of AUM.
The Ecofin Global Oil & Gas Fund (the Fund) invests mostly in the mid to large cap equities of super majors, integrated companies, exploration and production companies, refiners and service companies, on a global basis. This investment universe is comprised of more than 1,200 names throughout the world and accounts for circa 30%
The Commodity Futures Trading Commission and Securities and Exchange Commission have made the following joint statement regarding MF Global Inc…
“For several days, the SEC, CFTC and other regulators had been closely monitoring developments affecting MF Global, Inc, a jointly registered futures commission merchant and broker-dealer, in anticipation of a transaction that would include the transfer of customer accounts to another firm. Early this morning, MF Global informed the regulators that the transaction had not been agreed to and reported possible deficiencies in customer futures segregated accounts held at the firm. The SEC and CFTC have determined that a SIPC-led bankruptcy
Fund and fiduciary services specialist, Abacus, has acquired Isle of Man-based fund administrators, Portal Fund Administration Limited.
The acquisition, which is a key part of Abacus’ ongoing development strategy, further reinforces Abacus’ position as one of the largest service providers in the Isle of Man.
Managing Director of Abacus Financial Services Limited, Paul Kneen (pictured), says: “Despite a turbulent economic backdrop, during the last eighteen months we have continued to pursue our growth plans. We have successfully established a new European office in Malta; we have built upon the strength of our existing resources with a number of key senior
Dunbar McInley, a provider of managed futures investments, has appointed Hugo Boddiger as Chief Investment Officer.
Boddiger will partner with Jake Witter and Robert Klausman to service and meet the alternative investment needs of sophisticated investors and wealth advisors.
“To achieve their investment goals in today’s uncertain marketplace, investors are looking more and more at alternatives to enhance diversification and provide non-correlation to their traditional long-only portfolios," says Jake Witter, Chief Investment Officer of Dunbar McInley. “Hugo’s extensive background in the managed futures industry will reinforce our commitment of a high quality investor experience at Dunbar McInley.”
Prior to joining
Global executive search firm CTPartners has released a new report: "Asset & Wealth Management Talent and Compensation Trends 2011: Have We Arrived at the New Normal?"
The report is a qualitative review of talent and compensation trends within traditional asset and wealth management firms, hedge funds, real estate and private equity firms, in the Americas, Europe/Middle East and Asia/Pacific.
The report addresses the impact of recent reverberations in the market that have dampened the compensation prospects for a year that began on a strong note. Many asset managers began 2011 with balance sheets showing stronger revenue lines with lower costs
Johanna Kyrklund, Head of Multi-Asset Investments at Schroders, remains vigilant to the risks associated with the Eurozone debt crisis…
The fundamental problem faced by markets today is a chronic lack of growth caused by deleveraging after the financial crisis. Lack of growth makes economies reliant on government stimulus at a time when governments themselves face unsustainable debt levels. The Eurozone provides an extreme example of this, where the severity of the problem is compounded by the need to co-ordinate policy among seventeen member states. In this context, the announcement of bank recapitalisation, a leveraged EFSF and a 50% haircut on
Alternative Investment Management has hired Donna Toth as chief operating officer. Toth will be based in New York and will report directly to Jonathan Harris, president of AIM.
Prior to joining the firm, Toth was a founder and managing principal of Park Hill Group, the third-party global placement agent arm of Blackstone. There she was responsible for directing all operational and financial functions of the business.
Previously, Toth was the chief financial officer at Atlantic-Pacific Capital, a global boutique placement agent, responsible for compliance and financial reporting. Earlier, she was the controller and director of financial reporting at Ziff Brothers
