News

News Alternatives end 2012 on a high note

The Lyxor Hedge Fund Index was up +3.1% in 2012 (+1.1% in December). Twelve Lyxor Strategy Indices out of 14 ended the month in positive territory, led by the Merger Arbitrage Index (+3%) and the Long/Short Credit Arbitrage Index (+2.6%). Over the year, eleven Lyxor Strategy (...)

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News Credit Suisse agrees to sell ETF business to BlackRock

Credit Suisse today announced that it has signed an agreement to sell its exchange traded funds (ETF) business to BlackRock, Inc. (BlackRock). This is an important strategic step in an industry that requires significant scale, and allows Credit Suisse to realize value in a (...)

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News Swiss Re Capital Markets successfully transfers USD 270 million of North American earthquake risk on behalf of Zurich Insurance Group

Swiss Re Capital Markets has successfully structured and placed USD 270 million of notes issued by Lakeside Re III Ltd., covering North American earthquake risk on behalf of Zurich Insurance Group ("Zurich").

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News ING to sell Malaysian investment management business to Kenanga

ING announced that it has reached an agreement to sell its 70%-stake in ING Funds Berhad (IFB), ING’s investment management business in Malaysia, to Kenanga Investors Berhad (Kenanga Investors), a wholly owned subsidiary of K & N Kenanga Holdings Berhad (...)

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News Cognizant to Acquire Six Companies of the C1 Group, a Leading German Consulting and IT Services Group

Strategic Acquisition to Strengthen Cognizant’s Local Presence in Germany and Switzerland, Enhance Global Consulting Capabilities, and Deepen Enterprise Solutions Expertise

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News Barclay CTA Index Down 0.39% in November; Profits in Bonds and Yen Not Enough to Overcome Losses in Other Sectors

Managed futures lost 0.39% in November according to the Barclay CTA Index compiled by BarclayHedge. The Index has lost 1.45% year to date, compared to a gain of 0.73% in the S&P GSCI Index.

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News Alternative strategies generate alpha in a volatile month

Thirteen Lyxor Strategy Indices out of 14 ended the month in positive territory, led by the Fixed Income Arbitrage (+1.2%), the Lyxor Long/Short Credit Arbitrage Index (+1%) and the L/S Equity - Market Neutral Index (+0.9%). The Lyxor Hedge Fund Index posted a positive (...)

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News Legg Mason and Permal Announce Acquisition of Fauchier Partners

Legg Mason, Inc. and affiliate Permal have announced a definitive agreement to acquire Fauchier Partners, a leading European based manager of funds of hedge funds, from BNP Paribas Investment Partners. Fauchier Partners will be combined with Permal, one of the largest (...)

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News Chi-X Australia Appoints Jamie Crank as Head of Market Operations

Chi-X® Australia Pty Ltd, a wholly owned subsidiary of alternative trading venue operator Chi-X® Global Holdings LLC, today announced the appointment of Jamie Crank as Head of Market Operations.

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News Nomura Expands Investment Banking Coverage in the Americas

Nomura, Asia’s global investment bank, today announces the appointment of Jason Fertig as Managing Director and Head of Healthcare sector coverage within Investment Banking in the Americas.

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News Contrasting results for hedge fund strategies

In October, the performance of hedge fund strategies exposed exclusively to equity-related risk factors remained positive despite the market environment thanks to a strong dynamic alpha.

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News IIC’s Debut Global Bond Offering Oversubscribed

Multilateral increases its original US$300 million bond offering amount to US$350 million and secures a lower rate fueled by demand from 34 top-tier global investors...

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News Carlyle made his first investment in sub-Saharan

The Pembani Remgro Infrastructure Fund, The Carlyle Group and Standard Chartered Private Equity Invest $210m in Export Trading Group, a Global Agricultural Supply Chain Manager…

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News Credit Suisse Partners with Qatar Holding in Asset Management Joint Venture

Credit Suisse AG and Qatar Holding LLC today announced that they have signed an agreement to form an asset management joint venture - Aventicum Capital Management...

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News More Investment Bank Cost-Cutting Likely by Those Left

Further concentration and cost cutting is likely among a dwindling number of banks with more extensive capital markets operations, Fitch Ratings says. We expect more banks to stick to niches where they have strong (...)

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News BlackRock Agrees to Acquire Global Infrastructure Partners (“GIP”), Creating a World Leading Infrastructure Private Markets Investment Platform

GIP is the world’s largest independent infrastructure manager with over $100 billion in AUM and a strong reputation for driving operational improvements in its portfolio companies & proprietary origination

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News Julius Baer to acquire Merrill Lynch’s International Wealth Management business outside the United States from Bank of America

BofAML will provide certain products and services to Julius Baer, including the provision of global equity research, product offerings, as well as structured and advisory products. In addition there will be cross-referral of clients between both (...)

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News Agence France Trésor announced the successful launch of the first French sovereign green bond

Today, Agence France Trésor announced the successful launch of the first French sovereign green bond with a maturity of 22 years. The Green OAT 1.75% 25 June 2039 issuance amount was €7bn, making it the largest and longest-dated green bond ever (...)

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News The market for catastrophe bonds (« Cat bonds ») remains dynamic!

Over the 12 months, the market for Cat bonds - bonds issued by securitization structure to refinance insurance risks related to natural disaster - remains dynamic, both in terms of volume and performance...

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News Rouble, Rates Moves Heighten Russian Economy Risks

Risks to Russia’s economy in 2015 have been increased by this week’s extreme volatility in the rouble and the sharp rise in interest rates, Fitch Ratings says.

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News CTAs are on the mend

After a dismal performance and significant outflows in 2018, trend following strategies are on the mend. A month ago, we signaled the strategy was experiencing green shoots of recovery ; so far this month, it has been the best performing (...)

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News Societe Generale further reduces its involvement in coal

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News DWS Supports Drive Towards Climate Resilient Infrastructure Investments

DWS Group, along with more than 30 other institutions, supports the Coalition for Climate Resilient Investment (CCRI). The goal of the CCRI is to transform infrastructure investments by integrating climate risks into the decision-making process, driving a paradigm shift (...)

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News Global macro strategies play safe with U.S. Inflation hedges

In the space of alternatives, Global Macro strategies have embraced reflation trades in the past quarter, scaling up positions on EM FX, equities, commodities and inflation linked bonds at varying degrees.

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News SUEZ successfully launches a 500 million euros green bond issuance

With a 5.5 times oversubscription and an order book totalling 2.7 billion euros, this issuance has been a huge success. More than 200 investors have once again shown their confidence in SUEZ: the very strong demand allowed to tighten the credit margin by 40 bps compared with (...)

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News Gold as collateral for a participation in the Greek support plan

Will Finland jeopardize the Greek plan? The country requires collateral in exchange for its participation in the support plan. The German labour minister, Ursula Von Der Leyen, has agreed to those terms…

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News Vauban Infrastructure Partners acquires four district heating networks in Spain - a green projet connecting more than 25,000 dwellings by 2028

Vauban Infrastructure Partners announces the closing of the transaction related to the acquisition of 100% stake in 4 district heating networks in Spain, an eminently “green project” connecting more than 25,000 dwellings to these networks by (...)

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News Schroders Greencoat builds on renewable energy demand with launch of semi-liquid energy transition fund

Schroders Greencoat, the specialist renewables and energy transition infrastructure manager of Schroders Capital, today announces the launch of the Schroders Capital Semi-Liquid Energy Transition Fund, the latest addition to its innovative fund range which also addresses (...)

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News Nomura to Acquire Shares of 8 Securities and 8 Limited

Nomura Asset Management Co., Ltd. (“NAM”), a wholly owned subsidiary of Nomura Holdings, Inc., announced that it has entered into a definitive agreement with FinTech company 8 Securities Inc. (“8 Securities”) and its Hong Kong headquartered parent company 8 Limited (“8 Limited”) (...)

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News Goldman Sachs hit by trading losses

Goldman’s traders lost up to €100 million in a single session, according to Bank’s regulatory filing to the U.S. market authority

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