News

FCA launches enforcement investigations into two AIFMs

Managers probed over mis-selling and compliance systems


exit from the eurozone: golden star fallen from a blue wall

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


Fortress tenders $100m share buyback

Offer could see between 9.5% and 10.6% of publicly owned stock returned to group


Connecticut pension hires GAM for absolute return FI mandate

Greenwich Retirement Board invests $19m in unconstrained bond fund


Allocator Connection to add first strategy in HF push

London-based group looking to offer up to seven hedge funds to clients