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Two new funds from US and UK fund managers are being launched on Alceda Fund Management’s platform the firm announced this week.
360 Global Capital, a New York-based hedge fund advisor has launched an onshore UCITS version of its equity l/s fund reported HFMWeek this week.
In its latest UCITS Barometer survey, Malta-based ML Capital has found that merger arbitrage is the strategy most favoured by alternative UCITS investors, with 79 per cent planning to increa
Castlestone Management “continues to operate as normal” despite having the FSA descend on its offices i
Carne Global Financial Services has appointed John Ackerley as a Director with its Cayman Islands team. Ackerley joins seasoned fund directors Peter Heaps and Roisin Cater in providing governance services to Cayman domiciled funds.
Ackerley has over 18 years of experience in the financial services industry, and has worked on a wide range of fund structures for some of the leading names in investment management. Before joining Carne, he was working as a Senior Vice President with Maples Finance.
Prior to joining Maples Finance Ackerley worked for Rawlinson & Hunter/ The Harbour Trust Co where he focused on the provision
Singapore Exchange (SGX) is consulting the public on its proposal to change the algorithm used to compute the equilibrium price at which orders are matched at the end of the opening and closing routines and adjust phases in the securities market.
The proposed algorithm will compute a price that is a better reflection of the market. This is because the algorithm’s parameters allow for a better accounting of the forces of supply and demand. This algorithm is also used by the Australian Securities Exchange (ASX) and NASDAQ OMX.
To facilitate market participants’ understanding of the proposed algorithm the changes to
OVS Capital, the European equity focused event driven hedge fund, has appointed Nick McEwen as a Partner. In his role at OVS McEwen will oversee all sales and marketing and will support Sam Morland (Chief Investment Officer) and Andrea Morrall (Chief Operating Officer) in the managing of the business.
McEwen previously worked at Revere Capital Advisors where he was a Managing Director and established the London office with responsibility for the European sales and marketing effort.
Nick McEwen’s hiring is the second of the year at OVS following Adam Lister’s addition to the investment team. Mr. Lister was previously a
The global economic outlook remains positive in spite of a sharp deterioration in investor sentiment towards and within Europe, according to the BofA Merrill Lynch Survey of Fund Managers for July.
A net 19 per cent of global fund managers and asset allocators believe that the global economy will strengthen in the next 12 months. This number has grown for two successive months from a net 10 per cent in May. The global outlook for corporate profits has also ticked upwards. A net 11 per cent of investors predict higher global corporate profits in the coming year, up from a
The first half of 2010 illustrated a clear problem in Asia: start-up numbers were healthy – 70 in all – but the assets raised amounted to little more than USD1bi
NYSE Euronext, a leading global operator of financial markets and provider of trading technologies, announced this week that NYSE Liffe, its global deriva
