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Alternative asset management company Man Group has hired Miriam Tai as Head of US Consultant Relations. Tai, who is responsible for advising on the full range of Man’s products and services to the US investment consultant community, will be based in Man’s New York office and reports to Raffaele Costa, Managing Director and Head of Sales for North America and Europe.
Tai joins Man from BlackRock where she was the Director of Global Consultant Relations and responsible for developing and managing the firm’s relationships with strategic investment consultants. Her appointment underscores Man’s strategic commitment to the US institutional market as a top
The US Commodity Futures Trading Commission (CFTC) has fined Andrew W Daniels of Hinsdale, Ill, Edward Taylor of Naperville, Ill, and Daniels Trading Group LLC (DTG) of Chicago, Ill, for violating speculative position limits in the Chicago Board of Trade’s (CBOT) rough rice futures contracts and for willfully concealing material facts from the CME Group, Inc. (CME).
The CFTC order also settles charges against Global Asset Advisors LLC (Global), a Chicago-based introducing broker, and its President Glenn Swanson of Long Grove, Ill, for failing to supervise diligently the handling of trading accounts at Global and traded by Daniels and Taylor.
London-headquartered systematic investment manager, Aspect Capital, has officially launched the Aspect Diversified Trends Fund.
On the back of closing its Asian hedge fund last October (RAB-Pi Asia Fund), London-based RAB Capital is very much focused on its UK managed funds as it looks to consolidate its op
A quick look at the end-of-month returns for UCITS-compliant hedge funds, as reported by US-based Hedge Fund Research in its HFRX Index, shows that macro strategies have stuttered
UK-based Blacksquare Capital has launched a multi-manager UCITS III-compliant fund that will seek to target annualised volatility of 8 per cent: one of the first ever multi-manager
Edouard Carmignac is preparing to launch his first new fund in four years, reported Citywire this week.
Despite concern about the economic impact of dwindling reserves of fossil fuels and the intertwined issue of the cost of controlling or dealing with climate change, experts are convinced that investors can expect buoyant long-term returns from the so-called ‘cleantech’ sector over the coming years and decades.
Another beneficiary could be the Channel Islands, where Ernst & Young is looking to showcase its cleantech work, both as a hub for research and development and as a domicile and service centre for funds channelling capital into the sector.
Clean energy technology has experienced a “seismic shift” in attitudes in recent years,
Asset Management Finance (AMF) has made a passive minority investment in Brigade Capital Management (Brigade), a New York based manager of credit strategies.
Brigade is an SEC-registered investment advisor whose products include long/short credit, distressed debt and traditional high yield. Founded in 2007, Brigade now has 51 employees managing USD7.9 billion of assets across four credit strategies.
Don Morgan, Managing Partner, and Pat Kelly, President and COO, founded Brigade with the objective of providing unique credit-oriented portfolios, both hedged and long-only, to institutional investors. The investment by AMF will help facilitate the continued institutionalisation of the firm and assist in
New York-headquartered Liquidnet, the off-exchange liquidity platform that provides institutional buy-side traders with secure and anonymous block trading of equities, announced th
