Man Group has completed its acquisition of hedge fund research and investment specialist FRM Holdings, first announced on 21 May. Man has integrated FRM’s USD8bn AUM business with its own multi-manager business. The combined business now has funds under management
Reech AiM Group, the international asset management group specialising in absolute return strategies, has appointed Daniel Betts as client services director. Based in London, Betts will oversee all client service functions including relationship management, sales support, marketing and market research.
The first RMB Qualified Foreign Institutional Investor A-share exchange-traded fund has been listed on The Stock Exchange of Hong Kong. The first RMB Qualified Foreign Institutional Investor A-share exchange-traded fund has been listed on The Stock Exchange of Hong Kong.
Financial information services company Markit has been selected by members of the Asia Securities Industry and Financial Markets Association (ASIFMA) to provide an online solution to facilitate compliance with Hong Kong’s Securities and Futures Commission’s (SFC) new electronic trading rules.
EEA Fund Management has brought on board Oriel Asset Management duo David Urch and Tim Hall and added their long/short directional UK equity market fund and its long-biased sister strategy to the firm’s product range. The high-conviction, multi-cap UK
In light of the current fiscal and monetary concerns that are gripping the minds of investors around the world, Institutional Asset Manager asked the heads of some of the world’s leading asset managers to share their thinking on portfolio management
The Commodity Futures Trading Commission (CFTC) has issued a Final Order regarding the effective date for swap regulation. On 14 July, 2011, the CFTC granted temporary exemptive relief from certain provisions of the Commodity Exchange Act that otherwise would have
State Street Corporation has agreed to acquire hedge fund administrator Goldman Sachs Administration Services (GSAS) from The Goldman Sachs Group, in a cash transaction with a total purchase price of USD550 million. The deal, which pending regulatory approvals and other
The Alternative Investment Management Association (AIMA), the global hedge fund association, has launched a Middle East initiative. AIMA is seeking to create a network for managers and service providers in the Middle East that can give the local industry a
Managed futures lost 1.81 per cent overall in June, according to the Barclay CTA Index compiled by BarclayHedge. The index is up 0.03 per cent year to date. “The month-end ECB agreement to make loans directly to eurozone banks drove
