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.
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.
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.
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.
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.
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.
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.
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.
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).
