Solutions
The new launches will include long short equities funds. The Paris-based manager already manages USD 15 billion in alternative and structured investments and recently launched three new hedge funds:
* SingleHedge Market Neutral, Irish domiciled;* SingleHedge Global Macro, French domiciled;* SingleHedge Trend Fund, also French domiciled.
These funds are managed out of Paris by a specialised team, which already has a 6-year experience in managing those strategies, relying on a strong in-house quantitative research capacity.
These three new products are targeting 10%-15% return with 5% to 10% volatility. They have been designed to fit the needs of European-based qualified investors,
Broadstone Fund Management (BFM), part of Broadstone Capital Group, has received its Investment Intermediaries Act (IIA) authorisation from the Irish Financial Services
Fimat Group has become the first broker outside the US to obtain remote access electronically to all the major equity option markets in the USA.
London-based Schroder Investment Management has called on UK pension fund trustees to take a closer look at alternative asset classes in 2004.
Paris-based Sophis has launched an enhanced version of VALUE, its one-stop shop solution for the buy-side, providing advanced cash management, reconciliation capabilities an
London-based Dresdner Kleinwort Wasserstein’s Prime Brokerage platform has expanded its range of services for hedge fund clients with the launch of its Macro offering.
EIM has been awarded a €15m hedge fund of fund mandate from Stichting Pensioenfonds TNO (SPF TNO), the pension fund of TNO, the leading provider of independent contract
The Clearing Corporation (CCorp) and Eurex Clearing AG have finalised the details of their Global Clearing Link aimed as a precursor to the launch of Eurex US early next
Nicole McDermott, a former executive with Phoenix-based Security Trust, has pleaded guilty to securities fraud related to illegal late trading of mutual fund shares by h
Bank of Bermuda’s Global Fund Services (GFS) division is expanding its global network of offices with a new office in San Francisco.
