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ACOLIN Fund Services AG, the Zurich-based distribution services company, has expanded its presence and launched an office in the UK. Lorcan Murphy, previously Head of Private Wealth EMEA at Barclays Global Investors, has been appointed as Managing Director.
For the past five years ACOLIN has been linking fund companies with distribution partners across Europe, and has established market dominance in Switzerland, Austria and Germany, as well as coverage in Sweden, Netherlands and Luxembourg. Currently ACOLIN manages distribution for 27 fund managers, and represents over CHF1bn in assets under management.
"Our clients are looking to access the UK market and
Alternative investment firm Bernheim, Dreyfus & Co has partnered with with the French Foundation for Disabled (APSH 34), a charitable association which helps the psychiatrically disabled through their rehabilitation and the process of reintegration into society.
For over 30 years APSH 34, together with the Fondation de France and the Montpelier Public Hospital, has also worked to reintegrate the disabled into formal employment (and also to meet their housing needs).
Amit Shabi, co-founder of Bernheim, Dreyfus & Co, says: We are very proud to be able to help APSH 34 in its noble mission which also underlines our total commitment
New York hedge fund, Act II Capital, has today launched an onshore UCITS version of its equity l/s Act II Capital Fund.
Global credit hedge fund behemoth, CQS, has teamed up with Schroders to launch the Schroder GAIA CQS Credit Fund.
Geneva-headquartered GAM, one of the world’s leading FoHF firms, has launched a UCITS III version of its Trading fund – the GAM Star Trading Fund.
Morgan Stanley is believed to be considering a new UCITS III-compliant fund, to launch in the next few months, to take advantage of opportunities in emerging market
Aberdeen Asset Management (Aberdeen) has appointed Andrew McCaffery (pictured) as Head of Institutional Hedge Funds.
Aberdeen’s award-winning fund of hedge funds business has over GBP4 billion of assets under management. McCaffery will form part of the senior management team (alongside Graham Duce and Aidan Kearney) for the entire hedge fund and long only multi manager business. He will report to Anne Richards, Chief Investment Officer and Head of Alternative Investment Strategies.
McCaffery previously worked at BlueCrest, where he was a founder member of Alignment Investors, a separately branded division of BlueCrest. He joined BlueCrest in 2008 following two years
The recent Swiss Funds & Asset Management Forum hosted by the Swiss Funds Association (SFA) addressed the impact of the various regulatory efforts in Switzerland and abroad as well as the outlook for the Swiss fund and asset management sector and found that there are a range of opportunities open to the country’s finance sector.
“Volumes in the fund business are almost back to the levels set before the financial crisis, and Switzerland is also well positioned with regard to asset management. Nevertheless, the focus must be on consistently implementing the “white money strategy” newly defined just over a year
The final version of the guidance on anti-bribery policies and procedures was issued by the Government (pursuant to section 9 of the Bribery Act) today (Wednesday, 30 March). The Act will come into force on 1st July 2011.
Commenting on the implications for financial services companies, Sian Herbert, partner, PwC, says: "The acceptance of the need for a proportionate and risk-based approach is good news for financial services companies as it recognises their global reach and the complex interactions they face. This is in line with the approach currently promoted by the Financial Services Authority and means that companies
Following the decision last month to shutter Singapore-based Artradis Fund Management, Hedgeweek reported that co-founder Stephen Diggle was planning to focus on turning his family office, Vulpes I
