News

US insurance broker AssuredPartners consolidates London holdings

Move to single entity sees Baronsmead focus on asset management department


Stamford, Connecticut

K2 poised for event-driven opportunities

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

Closed Closure

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


Gemcorp Capital hires first quant head

Former UBS and Baml FX analytics head Philippe Balland joined last month


December outflows wipe out majority of 2015’s asset gains, says Citi

Poor hedge fund performance pulls 2015 returns down to between -3.6% and +0.8%


News round-up: Clinton postpones Sankaty fundraiser

Former US secretary of state cancels second event in two weeks; MetLife CIO sticking with hedge funds and more …


Sanoor Capital staff details emerge

Jasjit Rekhi brings senior Morgan Stanley and Nomura analysts on board for l/s equities launch




Credit Suisse accelerates job cuts as it loses $6bn in Q4

Bank-wide lay-offs part of previously announced changes driven by ‘challenging’ fourth quarter


Triad Securities adds new clearing firm relationship

Wedbush Securities to provide services as BNP Paribas pulls away from correspondent clearing


Perella Weinberg founding partner departs

Retired Bernard Gault will work with $8.6bn firm on advisory basis


Altin shareholders push for boardroom shakeup

EGM called as Alpine Select and Absolute Invest request replacement of three directors at $240m Swiss FoHF


GAM positive on macro opportunities

FoHF the latest allocator to laud outlook for strategy in 2016