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AXA Investment Managers have decided to tap into the burgeoning alternative UCITS market by launching a fund of single
Aberdeen Asset Management is to evolve its MM Multi-Asset Growth fund and broaden its total return remit by targeting the UCITS fund space.
AXA IM has launched the UCITS III-compliant AXA WF Multi Alpha Fund, which provides diversified access to several such single-strategy Newcits funds. AXA IM selects the underlying funds on the basis of their ability to generate alpha and the liquidity of the strategy, and investors benefit from the operational due diligence carried out at a fund of fund level by AXA IM.
The fund’s strategic allocations are continuously monitored to ensure diversification and minimise drawdown risk whilst maximising return, with core allocations to Equity Long Short, Global Macro and CTAs strategies. The fund will focus on investing in strategies that
Interview with Yang Eu Jin & Tan Choon Leng – “In Singapore most fund management start-ups will require some form of registration with MAS, it’s just a question of what form of registration or licensing they’ll need based on what they intend to do,” explains Yang Eu Jin (pictured), Partner, Corporate & Securities Laws, KhattarWong, one of Singapore’s largest indigenous law firms.
Eighteen months ago, Yang says there was some “regulatory uncertainty”. Industry players heard news there was going to be a revamp of the fund management licensing regime but what that entailed was not clear. This, he says, may
By James Williams – A recent industry report showed that Singapore’s market share in the Asian hedge fund space had risen year-on-year to 14.14 per cent. With assets under management also climbing 22 per cent from USD17.6bn end-2009 to USD21.5bn, there’s good reason to be optimistic on the scope of influence the Lion City will have in shaping the region’s alternatives industry.
As discussed in the previous article in this Hedgeweek Special Report, last year’s decision by MAS to clarify its intentions on licensing provisions proved to be a massive fillip and helped reverse the trend of fund managers setting
Interview with Ralph Chicktong – An increase in Asian start-up hedge funds helped regional assets grow 15 per cent to USD152billion last year. For fund administrators like Custom House Singapore, this growing client base is largely emerging out of Hong Kong and Singapore.
“We see a lot of fund managers establishing themselves in Asia. As the Asian economy evolves, global fund managers are establishing a presence here both to take advantage of the increasing Asian-based investor appetite and to broaden their investment opportunities,” says Custom House Singapore Managing Director, Ralph Chicktong (pictured).
With over 95 start-ups in 2010, competition amongst
Dow Jones Indexes and Credit Suisse today announced the launch of the Dow Jones Credit Suisse Core Hedge Fund Index, the newest addition to their market-leading hedge fund index family.
The Dow Jones Credit Suisse Core Hedge Fund Index is the first index of its kind to utilise multiple managed account platforms to track the liquid, investable hedge fund universe. Following the market events of 2008, increased attention has been focused on liquid hedge fund structures, including managed accounts, which tend to offer superior liquidity and transparency. The enhanced risk management capabilities of these flexible investment vehicles has led to
The Asia-focused event-driven fund Senrigan Capital Group Ltd, launched in November 2009 by ex-Citadel executive Nick Taylor, has
After months of expectation, Morgan Sze’s (pictured) Hong Kong-based Azentus Capital Management Ltd finally started trading on April 1 with at least USD1billion in assets, making it on
Japanese brokerage Mizuho Securities has decided to call time on its Singapore prime brokerage business reported Reuters this wee
