Odey launches Ucits version of European hedge fund
Odey Asset Management is to launch a Ucits version of its flagship European hedge fund strategy.
Odey Asset Management is to launch a Ucits version of its flagship European hedge fund strategy.
Hedge fund returns continued on an upward trajectory in January, as equity-exposed strategies and funds of hedge funds posted the highest returns for a number of months.
The European Securities and Markets Authority (ESMA) has published final guidelines on the remuneration of alternative investment fund managers (AIFMs), which will align them with other financial sectors, it announced today.
Ucits hedge funds returned on average 3% in 2012, though they underperformed the 6.2% achieved by the offshore hedge fund world, according to research from Kepler.
Stephen Peters goes in search of funds that can provide an absolute return but do not charge a performance fee for providing investors with nothing more than market beta.
ABN Amro has upped its allocation to macro strategy hedge funds to steer its way thorugh what it sees as the array of current economic and policy risks.
HSBC has launched high net worth (HNW) and institutional share classes for its Next Generation Fund, which invests in “new and upcoming hedge fund managers” and targets an annualised return of 12% to 15%.
Deutsche Bank has announced the launch of the DB Platinum IV Fortinbras Prism Index, a long/short Ucits strategy which aims to capture trends in fixed income, interest rate, foreign exchange and commodity markets.
Polar Capital’s hedge fund range saw assets under management fall by nearly $100m compared to a rise of close to $900m.
GAM has hired Anthony Lawler from Man Group to help develop the firm’s fund of hedge fund portfolios.
Theres panic on the streets of London, declared Morrissey in 1986 but in the 25 years since The Smiths ruled the charts, and Big Bang which set off a revolution in the City, have things changed?
Former Gartmore man Guillaume Rambourg has returned to running money with a new hedge fund venture based in Paris.