Old Park launches systematic trading program Maestro Fund... [more]Komfie Manalo, Opalesque Asia: London-based Old Park Capital announced the launch of its Cayman Island-domiciled the Old Park Capital Maestro Fund Limited that will be managed according to the Maestro strategy.
Hugo van Ku
CLSA Acquires 49% of EIP’S exchange traded funds business... [more]Hong Kong-based asset management firm, Enhanced Investment Products Limited (EIP) has sold 49% of its Exchange Traded Funds (ETF) business, to CLSA Hong Kong Holdings Limited (CLSA). The Enhanced Investment Products group’s actively managed funds, index funds and non-listed beta solutions are exclud
Architas unveils Diversified Multi Asset fund for Rock... [more]From Fundweb.co.uk: Architas has unveiled the Architas Diversified Real Asset fund for its chief investment officer Caspar Rock. Launched on 5 August to institutional investors, the fund is expected to be rolled out to retail investors by the year’s end subject to consumer testing.
People – Ori Hershkovitz to leave post at Israeli hedge fund Sphera... [more]From Bloomberg.com: Ori Hershkovitz, head of pharmaceutical research at Sphera Funds Management Ltd., is leaving after seven years of stock-picking at Israel’s largest hedge fund.
Hershkovitz, who frequently spoke out against management decisions at Teva Pharmaceutical Industries Ltd. (TEVA),
Investing – Billionaire George Soros sold $112m of this gold miner... [more]From Fool.ca: …However, for Soros, one Canadian gold miner no longer fits the bill: Barrick Gold Corp. According to SEC filings published last month, Soros has sold $112 million of his stake in the company, a 90% reduction over the previous quarter. As of June, the billionaire money manager owns onl
…And Finally – Woman scares away mountain lion with her ‘singing prowess’... [more]From Newsoftheweird.com: A woman hiking in Down Valley Park near Placerville, Colorado, told Denver's KUSA-TV in August of her narrow escape from a mountain lion that had stalked her for a half-hour (crouching menacingly each time she attempted to retreat).
At the closest point, recalled Kyra