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Maples Fund Services is offering a suite of middle office outsourcing solutions that will enable institutional investors to efficiently and effectively implement the operations and technology required to support their increasingly complex investment strategies.
“As institutional investors increase allocations to alternatives, add complex strategies or bring them in-house, they require new systems and infrastructure to support those decisions,” says Scott Somerville, Chief Executive Officer of MaplesFS. “Institutional investors are now very proactive and involved in assessing their operational infrastructure and are seeking new solutions that will automate the middle office and replace legacy platforms and processes.”
Maples Fund Services’ middle
Sloane Robinson and Deutsche Bank are working together with the aim of launching a Ucits compliant Asia fund that will be managed by the same investment team responsible for Sloane Robinson’s flagship Asia offering.
Pending regulatory approval, the planned fund will be issued on Deutsche Bank’s DB Platinum platform, which already hosts a number of absolute return focused managers.
Sloane Robinson was established in London in 1993 with the objective of managing the assets of its clients and principals from an absolute return perspective. Today, it employs 68 people based in London managing USD7.8bn of assets across a variety of
The investable Headstart Fund of Funds, advised by Headstart Advisers, has claimed its place at the top of the leader board of the Investhedge rankings for multi-strategy funds of hedge funds over the last three, six and 12 months.
The fund has a year to date return of 13.94 per cent to the end of November 2010.
Headstart’s performance this year compares favourably with fund of funds indices such as the HFRI Fund of Funds Composite Index (+3.43 per cent year to date), the Barclay Fund of Funds Index (2.85 per cent) and the EurekaHedge Fund of Funds Index (2.6
Fortress Investment Group has appointed David Barry as a member of the company’s board, effective 1 January 2011.
Barry will serve as a class I director.
The board has also appointed Barry to its audit committee and nominating, corporate governance and conflicts committee.
Barry will replace Howard Rubin, who will resign from the board, as well as the audit committee and the compensation committee, effective as of 1 January.
The board of directors has also elected not to pay a dividend in the fourth quarter of 2010. The board elected to retain capital for potential future investment opportunities and for
Geneva-based Palaedino Asset Management, the fund manager arm of the Palaedino Group and advisor to the Axiom Fund, this week announced that it would be
Alpha Ucits, a London-based independent UCITS distribution platform established by ex-Brevan Howard’s Stephane Diederich in October 2009, has won its first UCITS structuring man
The Lyxor Global Hedge Fund Index, an investable index based on Lyxor’s hedge funds platform which tracks the overall hedge fund universe, was down 0.8 per cent in November.
Year to date performance remains positive at 3.5 per cent.
Equities rallied strongly during the first week of November 2010, with the S&P 500 reaching the 2010 high.
Macro fears then set in and risky assets were marked down sharply. Equities gave back all of their gains, but purportedly safer assets did not prove to be a safe haven. Treasury bond yields rose sharply – whether they were issued by the