Latest News
Man Group, the world’s largest publicly-listed hedge fund, now has ‘negligible’ exposure to Russia and Ukraine, having cut its investment in the countries over recent weeks.
The hedge fund outlook for 2022 is optimistic as investors seek to inject a further dose of capital into low beta strategies to protect against rising inflation.
That’s according to BNP Paribas’s 2022 Alternative Investment Survey: “The Hedge Fund Booster”, which canvassed the views of 224 allocators in December 2021, who invest or advise on USD1.2 trillion in hedge fund assets.
This represents approximately one-third of industry assets under management. The report provides insight to better understand investor sentiment with respect to performance and asset allocation plans for hedge funds and other alternative investments.
According to the survey, over half
Bitfinex Securities Ltdm a provider of blockchain-based investment products, has announced it first listing – the Blockstream Mining Note (BMN) – which successfully raised EUR6.75 million and is enabling accredited investors to obtain exposure to bitcoin mining.
Julius Baer International has signed a deal for new office space in Farringdon, London, which will see it relocate rom its current base in St Martin’s Le Grand to Greville Street from the beginning of 2023.
The new London headquarters will be 27,000 sq ft over six floors and will be wholly dedicated to Julius Baer International’s London operations, providing a working environment designed to support the firm’s extensive client base and enhance employee experience in the hybrid world.
The firm has appointed HLW, a leading design specialist focused on sustainable approaches, to strengthen the digital function of the
Brown Advisory, an independent and privately held global investment management firm that oversees more than USD139.3 billion in client assets and USD39.4 billion in sustainable assets, has unveiled its Sustainable International Leaders strategy.
The strategy seeks to invest in an actively managed, concentrated portfolio of companies outside the US that Brown Advisory considers leaders in their sector or country, have sound ESG risk management practices and sustainable business advantages, and therefore, have the ability to compound returns for investors over time. The strategy aims to outperform the FTSE All-World ex-US Index over the economic cycle, while simultaneously generating positive impact
Kempen Capital Management (Kempen) has published its Annual Stewardship and Sustainability Investment Report 2021, which details the significant progress made towards embedding sustainable investing across the firm’s investment strategies.
Kempen’s annual report provides information on its ambitions to reduce the carbon footprint of assets under management.
For the first time, all portfolios of which Kempen is in direct control will be managed with the dual objectives of traditional risk/return and targeting to decrease the carbon footprint of portfolios by 7 per cent annually until 2030.
In 2021 Kempen voted at 437 distinct company meetings, with 14% of votes
PineBridge Investments (PineBridge), a private, global asset manager focused on active, high-conviction investing, today announced that William Corson has joined the firm as Global Chief Compliance Officer (CCO).
In this role, Corson assumes global responsibility for PineBridge’s compliance capabilities, focusing on delivering robust oversight and counsel across all global entities and activities.
He joins PineBridge from Manulife Investment Management, where he held various compliance leadership roles since joining in 2008. Prior to that, he spent more than a decade at Fidelity Investments and has operated in numerous CCO roles throughout his career, each time leveraging his extensive experience to
Indus Capital Partners (Indus), a dedicated Asia Pacific equities investment manager, has appointed Patrick McCurdy, former senior leader in Wells Fargo’s Prime Services division, as a Managing Director, and Isabel Borish, former business development and investor relations professional with AllianceBernstein, as an Executive Director in the firm’s Client Advisory Group.
Borish joined on 28 February, 2022, while McCurdy will be joining on 11 April, 2022.
Both executives will be responsible for new business development and client coverage in North America and globally. They will report to Zlata Gleason, Head of Indus’ Client Advisory Group, who rejoined the firm in
Derivatives marketplace CME Group is to launch options on Micro Bitcoin and Micro Ether futures on 28 March, pending regulatory review.
The new Micro Bitcoin and Micro Ether options contracts will be one-tenth of their respective underlying tokens in size and will offer a wide range of market participants – from institutions to sophisticated, active, individual traders – more ways to manage their exposure to the top two cryptocurrencies by market capitalisation.
These contracts will complement the existing bitcoin options contracts, sized at five bitcoin and launched in 2020. Additionally, they will allow clients to express long- or short-term views
Hildene Capital Management (Hildene), an asset management firm focused on distressed and event-driven opportunities within credit, has entered into a strategic relationship with Leucadia Asset Management (LAM), a division of Jefferies Financial Group Inc.
In connection with the transaction, LAM will acquire a non-controlling financial interest in Hildene and will help seed certain new Hildene vehicles and businesses.
