Opalesque Exclusive: Napier Park returns Citi's money... [more]Bailey McCann, Opalesque New York: Napier Park Global Capital, a hedge fund spin-out from Citi has cut just about every tie with its former parent. The fund left its office space at Citi in June, moving further down Park Avenue in New York in to a building shared with Blue Mountain Capital and Pr
FII investment via P-Notes rises to $37bn in June... [more]From Moneycontrol.com: FII investment via P-Notes rises to USD 37 bn in June Investments into Indian shares through participatory notes (P-Notes), a preferred route for overseas HNIs and hedge funds, surged to the highest level in more than six years at Rs 2.24 lakh crore (about USD 37 billion) in J
Hedge fund manager Winton Capital making headway with long-only strategy... [more]From PIonline.com: North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company. The firm's ticket to quadrupling its assets under management is unlikely to be one of its scientifically designed manag
Texas County & District boosts investments in 2 long/short equity hedge funds... [more]From PIonline.com: Texas County & District Retirement System, Austin, doubled its investment in Lakewood Capital Partners to $20 million with a second $10 million allocation on July 1. The first investment in the long/short equity hedge fund managed by Lakewood Capital Management was made by the $23
Comment – Asset managers take a crash course in ETF industry... [more]From ETFtrends.com: Large fund companies, asset managers, hedge funders and even financial advisors are taking a closer look at the exchange traded fund as a way to bring their ideas to the market and to tap into the growing demand for efficient, easy-to-use investment products. As asset managers ev
Service Providers – Citi to support Nedgroup UCITS fund... [more]From Assetservicingtimes.com: Citi has received a new mandate from Nedgroup Investments to provide a full range of investor services for the Nedgroup Investment Funds.
The Nedgroup Investments Funds recently became an authorized Irish-domiciled UCITS fund and the new mandate will see Citi prov