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Aegon Asset Management is launching a global opportunities fund targeting investors wanting global macro exposure.
The AEGON Global Opportunities Fund aims to provide institutional and professional retail investors with competitive absolute returns from a diversified global portfolio.
It is a Dublin registered Ucits III fund which is available to investors in Ireland, the Netherlands, the UK and going forward across Europe.
The launch marks the integration of Aegon’s asset management businesses across the world, and this fund brings together the investment management expertise of the teams in the Netherlands and the UK.
The fund will have a discretionary global macro
Aros Capital Partners, the recently launched Anglo-Danish hedge fund manager, has strengthened its marketing team with the appointment of Louise Wachtmeister.
The hire comes ahead of the Q2 launch of Aros Altru, an altruistic fund which aims to challenge the notion that social impact investments are a trade off with commercial returns.
Wachtmeister, who will be based in London, is also supporting the existing Aros Paradigm Fund. She will be focusing on business development with particular emphasis on family offices.
Wachtmeister previously worked for NetJets, a Berkshire Hathaway company, where she helped develop their Scandinavian client base.
She joins
A Greenwich Market Pulse shows that corporations and financial institutions around the world broadly agree that moving OTC derivatives trading to a system of centralised clearing would be an effective means of managing both counterparty risk at an individual level and market-wide systemic risk.
However, financials and corporates also have some serious concerns about the ongoing process of market structure reform.
Some of these concerns stem from the fact that market participants are uncertain about details of the proposals being considered.
Other concerns involve more informed questions among users of OTC derivatives about how the switch to centralized clearing
BMO Financial Group has signed a subscription agreement for access to Algorithmics’ Algo First database of case studies, covering more than 9,000 operational risk events.
BMO selected Algo First to supplement its management reporting, risk identification and risk awareness initiatives.
Hamish Lock, head of operational risk and senior operational risk officer for BMO, says: “We decided to subscribe to Algo First because we needed a way to expand our knowledge and understanding of significant operational risk events that could be used to challenge BMO’s operational risk profile.”
Penny Cagan (pictured), a managing director at Algorithmics, adds: “I am delighted
A study by SEI has unearthed a striking disconnect between how wealth management clients’ experiences measure up against their expectations.
It reveals that 100 per cent of private clients responded no when asked whether the wealth management industry was transparent, whilst 100 per cent of wealth management firms interviewed responded yes when asked if transparency is important to rebuild client confidence.
The latest paper is the result of interviews carried out by Scorpio Partnership that compared the views of 25 private clients and 25 wealth management firms on the transparency debate.
The main finding of the research highlights that clients
Peak Ridge Capital Group’s venture capital fund, the Peak Ridge AgTech Fund, has expanded its advisory board to include Tommy G. Thompson, former four-time governor of Wisconsin and US secretary of health and human services.
As governor of Wisconsin from 1986 through 2002, Thompson was well-known for his efforts to revitalize the Wisconsin economy.
He also served as the secretary of health and human services under the Bush administration from 2001 to 2005 and has received numerous awards for his public service.
Thompson is currently a partner at Akin Gump Strauss Hauer & Feld and an active member on the
A number of factors are leading to hedge fund managers forecasting a strong year for Asian equities.
Banking has experienced the largest ETF fund inflow of any sector during the last seven days, a total of $75 million (£47 million).
Commodity broker and introducing brokerage firm Levin-Mayer has appointed Stuart Karr, who most recently headed the firm’s brokerage business, as head of alternative investments.
Karr will report to Clive Xiu Chang, president and chief operating officer.
Karr joined Levin-Mayer in 2004 as a portfolio manager in asset management.
Levin-Mayer’s prime brokerage leadership team will continue to run the brokerage business.
Lucy Wong, co-president of Levin-Mayer, says: "Given his extensive experience working with hedge funds and alternative investments, Stuart Karr is the ideal candidate to help us realise the significant growth opportunities we see in the alternative investment business. Over the
The S&P GSCI declined 7.89 per cent in January as each of its main components landed in negative territory during the month.
The S&P GSCI Industrial Metals Index was the hardest hit sector in January, falling 8.92 per cent after registering an 82.42 per cent gain in 2009.
“Fears of potential economic weakness, as well as some reversion of the substantial asset rallies seen in 2009, were certainly at play in January,” says Michael McGlone, director of commodity indexing at S&P Indices. “The decline in January coincided with a 3.60 per cent loss for the S&P 500, a 2.06
