News

US and EU reach landmark clearing deal

Agreement will see EU and US both change rules


iStock_000004692065_Small Plymouth Massachusetts

Massachusetts pension seeking investment consultant

$145m Plymouth scheme allocates 10% of portfolio to hedge funds

News round-up: Apex Capital to restructure as CIO exits for new fund

Gil Simon leaving to launch a tech HF; Ackman releases video in latest Herbalife attack and more …



FCA launches enforcement investigations into two AIFMs

Managers probed over mis-selling and compliance systems


UK hedge funds oppose Brexit

Majority of managers back staying in EU, exclusive HFM industry survey reveals


Obama calls for CFTC and SEC budgets to double in five years

Administration also calls for new levy on firms with more than $50bn in assets


Aima reveals operational risk management guide

‘Sound Practices’ covers range of operational risk for the first time


State Street plans enhanced custody expansion

Custody and admin giant looking to provide clients access to equity swaps


News round-up: Lone Pine, Corvex drop $250m as Williams and Chesapeake slump

Pipeline operator and natural gas producer lose -35% and -33% respectively in one day; HFs shorting London luxury homes and more …


EM fixed income specialist Emso preps Ucits fund

Irish vehicle to launch with combined internal money and day one allocations up to $20m


Systematica raises $265m for new multi-strat fund

BlueCrest $9.5bn quant spinout launched Synergy fund on 1 January


M&A specialists prep German-speaking markets fund

Rudolf Ferscha and Patrick Lackenbucher setting up Aventus Advisors; fund likely to launch in Q2


US insurance broker AssuredPartners consolidates London holdings

Move to single entity sees Baronsmead focus on asset management department




K2 poised for event-driven opportunities

$10bn FoHF could increase exposure to strategy; firm currently underweight


Halcyon catalyst-driven Ucits fund liquidated

Halcyon Liquid Opportunities launched on Guggenheim Ucits platform in February last year


Managers handed late Ucits V deadline reprieve

Firms given more time to implement remunerations rules


News round-up: Credit Suisse to launch best ideas strategy

Bridgewater execs deny rift; Hedge funds bet against US blue chip corporate debt; and more …


BAML Ucits platform director departs

Manfred Schraepler left the business in December