Alger Launches Small Cap Focus Fund for Non-U.S. Investors
Fred Alger Management, Inc., a leading asset management firm headquartered in New York City, announced the addition of the Alger Small Cap Focus Fund (the “Fund”), a new Alger SICAV sub-fund, to its product line-up.
GAM launches next generation of multi asset solutions with target return range
The GAM Star Target Return Fund and GAM Star Target Return Plus Fund aim to deliver consistent returns of Libor +3% and +5% per annum, respectively, without significant equity, duration or credit risk.
Solactive AG and BlueStar launch the Israel Economic Exposure Indexes
By launching the Solactive-BlueStar Israel Economic Exposure Index (IEEI) family, Solactive AG and BlueStar Indexes introduce an innovative pair of indexes designed to reflect the segmentation of the Israeli economy between globally-oriented firms and companies primarily (...)
Lyxor and Koris partner to launch an AIFMD Dynamic Core-Satellite Multimanager Strategy
Lyxor Asset Management (“Lyxor”) and Koris International (“Koris”) announce the launch of a Dynamic Core-Satellite (DCS) alternative multimanager strategy, underpinned by the DCS model devised by Koris...
Follow The Flow: Vol under control = strong inflows into IG getting even stronger
According to Bank of America Merrill Lynch, with rates vol remaining at low levels, and rates uncertainty contained, investors reached for yield. Credit spreads will keep squeezing tighter, as long as these inflows (...)
Risk assets were once again on the rise in July and several asset classes broke records. Last week, the S&P 500 reached an all-time high, while the spot VIX index reached an all-time low. The MSCI World (net total return local currency index) is up for the ninth month in (...)
ETFGI reports assets invested in ETFs/ETPs listed globally reach a new record of 4.168 trillion US dollars at the end of first half of 2017
ETFs and ETPs listed globally gathered a record amount of US$63.57 Bn in net inflows in June and a record level of US$347.70 Bn in year to date net inflows. At this point last year there were net inflows of just US$123.55 (...)
Risk assets range-traded before rallying after Yellen’s dovish testimony before Congress and amid positive economic prints in the U.S. and Eurozone. Releases in the U.S. suggested healthy activity and job growth.
CalPERS Reports Preliminary 11.2 Percent Investment Return For Fiscal Year 2016-17
The California Public Employees’ Retirement System today reported a preliminary 11.2 percent net return on investments for the 12-month period that ended June 30, 2017. CalPERS assets at the end of the fiscal year stood at more than $323 (...)