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Aros Capital Partners, the recently launched Anglo-Danish hedge fund manager, has appointed Tom Muchiri Kabuga as an analyst in its investment team.
His remit will be to focus specifically on the development of the Aros Altru Fund, a new altruistic fund to be launched in Q1 2010.
Kabuga, originally from Kenya, founded a Kenya-based consulting and trade firm, which fosters Afro-Chinese partnerships, and in 2002 co-founded Creative Resources Global in China, which develops partners and suppliers through engineering consulting, technology transfer and supply-chain management. He has also delivered on several strategy consulting projects with start up companies.
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BlueCrest Capital Management has launched a multi-strategy equity market neutral fund called BlueCube.
The new fund currently trades a universe of 300-500 European stocks and will eventually expand to include the US and Japanese markets. The fund is looking to generate returns of ten to 15 per cent with volatility of five to eight per cent.
BlueCube has initially started trading with four sub-strategies that span three styles: technical, fundamental and sentiment-based. The firm has developed a dynamic rotation method for allocating between the sub-strategies that is based in part on methods employed in the BlueTrend managed futures programme.
Global Investment House has appointed Rajiv Nakani as senior vice president to head the company’s alternative asset management business.
Nakani (pictured) has more than 16 years’ experience in investing and investment banking and brings in-depth sector experience in financial services, telecom, media, retail, logistics, healthcare, education and real estate.
Nakani was Global’s head of investment banking from August 2004 to June 2007.
Bader Al-Sumait, chief executive officer of Global, says: “It is a pleasure to welcome Mr. Nakani back. In addition to his previous experience with Global where he led several merchant banking transactions and private equity investments on behalf
Naissance Capital, a Swiss-based alternative investments manager, has launched the Women’s Leadership Fund to invest in companies having a greater than average number of women in key roles.
The eight-member board of the new fund encompasses seven top career women from around the world, including Cherie Blair, prominent lawyer and wife of former British Prime Minister Tony Blair, Kim Campbell and Jenny Shipley, respectively former prime ministers of Canada and New Zealand, and Wendy Luhabe, chair of South Africa’s Industrial Development Corporation and one of Africa’s leading entrepreneurs.
Cherie Blair said an event in New York to mark the fund’s
Peter Mills, Managing Director of Kleinwort Benson (Channel Islands) Fund Services Limited, examines Sweden’s redraft of the EU’s proposed AIFM Directive.
There is a common agreement amongst the financial services industry that the proposed Directive on Alternative Investment Fund Managers was drafted in a hurry and is capable of vast improvement.
As Head of the Working Committee Group, Sweden has recommended radical changes to the proposed draft to regulate EU fund managers and the regulation of the investment funds which they manage. Some of the proposals – authorising alternative investment fund managers for example – are sensible and improve investor protection.
Hedge fund manager Molinero Capital Management has launched Molinero Global Markets Fund, a systematic CTA hedge fund.
Laven Partners, the London based investment management consultancy and Laven Legal Services, an associated law firm, advised Molinero Capital Management on the structuring and launch of the fund.
The fund aims to produce consistent above average returns through long-term and short-term investments in the global futures markets using a unique proprietary trading programme, while also seeking to mitigate risk through diversification of investments and hedging activities.
The fund will invest in futures and forwards contracts in currencies, interest rates, equities, bonds and commodities.
Man Investments has launched the latest addition to its flagship IP 220 family – Man IP220 Series 7.
This issuance builds upon the IP 220 investment strategy which has delivered an annualised return of 13.1 per cent over the past 12 years.
The investment strategy of the IP 220 products is to harness the performance of two complementary investment approaches – the AHL Diversified Programme and a multi-strategy portfolio.
The AHL Diversified Programme trades across a wide variety of global markets and sectors and is designed to perform whether prices trend up or down, with the result that returns tend
The past 12 months have seen a sharp fall in new private equity business coming to Guernsey and little transaction activity in either acquisitions or exits for existing funds.
In a new world where offshore financial centres are being called upon to adopt a wide range of regulatory and transparency standards in order to continue to access investment and other financial se
This year the private equity industry in Guernsey has been preoccupied to a lesser or greater degree by prospect of the European Union’s proposed Directive on Alternative Investment Fund Mana
