Veritable to use Citi services

2 Feb 2012

Veritable, L.P., US-based investment advisor, has awarded Citi a mandate to provide a comprehensive suite of hedge fund services including middle office, fund accounting, and investor services.

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Pearce and Meade join Akin Gump

2 Feb 2012

Tim Pearce and Ian Meade are to join Akin Gump Strauss Hauer & Feld LLP, international law firm, as partners at its London funds practice.

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Unigestion appoints Rousselet managing director

2 Feb 2012

Unigestion has appointed Nicolas Rousselet as managing director, head of hedge funds. He will also become a member of Unigestion’s executive committee.

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State Street ICI falls

2 Feb 2012

® (ICI) for January 2012.

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Wermuth launch clean tech fund

2 Feb 2012

Wermuth Asset Management (“WAM”) is to launch the Tatarstan Cleantech Fund (“TCTF”) with the €110m committed by the co-founders of the fund, the Republic of Tatarstan and WAM.

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Risk shock may be receding: Axioma

2 Feb 2012

The likelihood of a “risk shock” may be receding, according to Axioma’s Quarterly Risk Review, a comprehensive reference on the state of investment markets for portfolio managers, risk managers and other investment professionals. 

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Stratton Street: CNH added to fund

2 Feb 2012

Stratton Street Capital LLP has added two further currency classes to its Renminbi Bond Fund: the offshore Renminbi (CNH) and the Swiss Franc. This move reflects broad investor demand for this strongly performing investment vehicle.

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Altana to open distressed fund

1 Feb 2012

Altana Wealth, the investment management group set up by Lee Robinson last year, is to soon launch a third offering to investors, the Altana Distressed Assets Fund. It will open to external investors and be managed by Robinson who brings a consistently profitable 14-year audited track record of managing money, particularly in bear markets.

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Gottex: Q4 trading statement

30 Jan 2012

Gottex Fund Management Holdings Limited (Gottex) has reported strong fund outperformance during 2011 with its flagship market neutral strategies 2% to 3% ahead of their benchmarks. Its alternative credit strategy and constellar multi-strategies returned +3.8% and +3.4% respectively for the year.

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Man signs UN-backed PRI

30 Jan 2012

Man Group plc (“Man”) has become a signatory to the United Nations-backed Principles for Responsible Investment (PRI).

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AL&P appoints Jonathan Hayes

30 Jan 2012

Adrian Lee & Partners (“AL&P”), active currency specialist for institutional investors, has appointed Jonathan Hayes to the role of director of global marketing. Hayes will be responsible for sales and marketing to institutional clients and will report directly to Adrian Lee, president and CIO of the firm.

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Laven and GFIA join forces

30 Jan 2012

Laven Partners, global consultancy to the alternative industry, and GFIA’s funds research practice have combined their resources and processes in Asia to provide a fully comprehensive operational due diligence and compliance service based in Singapore.

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Institutional investors up hedge fund allocations

30 Jan 2012

Institutional investors continue to deepen their commitment to hedge funds, according to the fifth annual global study released by SEI in collaboration with Greenwich Associates.

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Malta gains three funds

30 Jan 2012

Sturgeon Ventures LLP, the regulatory incubator, has established three of its fund manager clients in Malta, a jurisdiction it sees as set to attract an increasing number of start-up financial firms.

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BNY Mellon launches service

26 Jan 2012

BNY Mellon, global investment manager, has enhanced its loan administration functionality to offer hedge funds and fund of hedge fund clients an automated solution with increased transparency.

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