Latest News
Asian boutique firm, Hamon Asset Management, established by star fund manager Hugh Simon
London-based Heptagon Capital has announced plans to roll out and distribute a UCITS-III version of the Yacktman US Eq
Walkers, the legal and management services provider, says it will be creating a significant number of jobs in Ireland as the firm further expands its Dublin office which opened in October.
Approximately 25 new positions will be created by the end of 2010, rising to around 50 new jobs by the end of 2011.
"We are committed to developing a strong presence in Dublin with experienced top tier Irish lawyers and professionals, providing them with the opportunity to grow the Irish corporate business through our global network," says Vicki Hazelden, managing partner of Walkers’ Dublin office.
"We are excited about
Alternative Ucits funds saw a 70 per cent growth in net new flows in 2010 to September, and are on track to finish 2010 with EUR33bn net new inflows.
This accounts for 15 per cent of total net inflows into all long-term Ucits funds, according to the study by Strategic Insight, commissioned by the Association of Luxembourg Funds Industry with the support of LuxembourgForFinance,
Most of these funds represent hedge-style strategies adapted to the growing need for absolute return solutions. New alternative Ucits launched this year have already captured EUR6bn.
The study shows that alternatives are a growing part of
Former Irish Prime Minister John Bruton, who now holds the position of president of IFSC Ireland, has told London asset managers that the Irish funds industry is enjoying unprecedented growth and is "the silver lining" in the Irish economy.
Speaking in London to some 300 fund managers Bruton highlighted the separation between the international funds industry and domestic economic issues, noting that with no impact or domestic exposure the international industry is benefiting from the reduced business costs and the positive effect is being witnessed in the industry’s record growth.
The former EU Ambassador to the US said the Irish
The Alternative Investment Management Association (AIMA), has launched a Chi
Signet Group, the USD1.7billion fund of hedge funds, is in the process of designing a portfolio to invest in Asia-based fund managers involved in private lending, particularly those targetin
US/UK trial specialist law firm, Kobre & Kim LLP, has opened a new office in Hong Kong, becoming the city’s fir
Merrill Lynch, a subsidiary of Bank of America, has taken the decision to allow RMB and RMB-denominated securities to be
Singapore hedge fund, Whitefield Capital Management, is delivering the kind of returns that should have investors flocking, producing two straight years of double-digit performance.
