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Goldman Sachs is about to take on the market leaders in the UCITS platform space – namely BAML with its dedicated
Luxembourg’s Next Generation Absolute Return has taken the bull by the horns by deciding to launch a specialized UCITS investment management business: <
BNY Mellon Alternative Investment Services, long regarded as one of the industry’s leading hedge fund service providers, has had its reputation in the alternatives space further streng
Swiss hedge fund service provider, HedgePole, has launched two UCITS indices, reported FINalternatives this week.
Singapore Exchange (SGX) is appointing Christine Lie as Senior Vice President and Head of Listings (China) effective 1 November.
Lie will lead ongoing efforts to help companies from China tap the international capital market. She will also drive efforts to provide the more than 150 China companies listed on SGX with services which will help them reach out to investors. China companies account for over 20% of SGX’s 776 listed companies as at end June. She will report to Executive Vice President & Head of Listings, Mr Lawrence Wong.
Lie joins SGX from Hong Kong Exchanges and Clearing (HKEx) where
LandAndBuildings, a property long/short equity fund, has hired two new investment professionals – David Kruth and Corey Lorinsky.
Kruth has joined the firm as Principal and Co-Portfolio Manager focusing on international property. Previously, he was Vice President and Co-Portfolio Manager of the USD2.5 billion Global Real Estate Securities Funds at Goldman Sachs Asset Management where he oversaw global investment for five years. David also spent eight years as Portfolio Manager and Senior Analyst at both Citigroup Property Investors and Alliance Capital Management where he invested in REITs and other public real estate related companies in the U.S. and internationally.

“I’ve known
MF Global Holdings Ltd. (NYSE: MF), a broker-dealer providing trading and hedging solutions, has announced the pricing of an underwritten public offering of USD325 million aggregate principal amount of 3.375% Convertible Senior Notes due 1 August, 2018. MF Global also granted the underwriters a 30-day option to purchase up to an additional USD45 million aggregate principal amount of convertible notes. The offering is expected to close on 2 August, 2011, subject to customary closing conditions.
The convertible notes will be the senior, unsecured obligations of MF Global Holdings Ltd. and will bear interest at a rate of 3.375% per annum,
Buried in the recent consultation paper on the Alternative Investment Fund Managers Directive (AIFMD) are stringent rules on pay that will have far reaching consequences for the asset management industry, say experts at PwC.
The rules, from the European Securities and Markets Authority, will affect alternative investment firms which escaped the FSA’s regulations on bank pay, including many private equity houses and hedge funds. They will also mean more onerous restrictions for those investment firms already caught by the FSA requirements, and could even hit some firms outside Europe.


The rules are in line with those introduced to other
Maurice ‘Chip’ Perkins, one of the founding members of diversified alternative asset manager MKP Capital Management, is to retire from the firm with effect from the end of 2011.
In addition, Anoop Dhakad and Katherine Plavan are to lead MKP Capital Management’s global client development and investor relations efforts. The formal elevation of Dhakad and Plavan is part of MKP’s long-term succession planning and will enhance client service for the firm’s global investor base.
"Chip has played an integral role in growing the firm into what it has become today and we wish him the best," says Patrick McMahon, MKP’s
Barclays Capital, publisher of leading broad market bond benchmarks, has launched the Barclays Capital Fiscal Strength Weighted Bond Index family, a new suite of benchmark indices that uses fundamental measures of fiscal sustainability to adjust country weights within existing government bond indices.
This new index family is the latest in a series of alternative weight benchmarks in the Barclays Capital index platform and widens the choice for investors beyond existing flagship indices which weight index eligible securities by their market value.
“While market value weighted indices remain the market standard for fixed income indices, some investors favour alternative weight indices
