RCM Alternatives and Attain Capital form partnership... [more]Komfie Manalo, Opalesque Asia: Independent broker RCM Alternatives has entered into an agreement to join forces with Attain Capital Management. Under the agreement, RCM will acquire Attain’s fund offerings, education, research and database assets while bringing all of its principals and employees
SkyBridge opens office in Palm Beach County... [more]Where better for a southern location than South Florida? SkyBridge Capital, which is headquartered in New York, has opened an office in Palm Beach Gardens. Palm Beach Gardens is a "Signature City" in northern Palm Beach County, with a population of around 49,000.
Jack Meyer’s Convexity suffers investor exodus... [more]From WSJ.com: One of the investment world’s biggest stars has lost some of his shine. Jack Meyer, who more than quadrupled the size of Harvard University’s endowment in nearly 15 years at its helm, is in a year-long skid at his Boston-based hedge-fund firm.
Investors are taking notice: They ha
IndexIQ Hedge Global Macro Beta Index up 0.35% in February (-0.44% YTD)... [more]IndexIQ, a developer of index-based alternative investment solutions, announced the performance of its proprietary family of hedge fund replication and alternative beta indexes.
Designed as investable benchmarks that replicate the performance characteristics of sophisticated hedge fund strateg
Institutional investors to raise allocations to liquid alternatives... [more]From Artemis.bm: Institutional investors are set to increase their allocations to investment strategies which fall into the ‘liquid alternatives’ classification, which typically means a UCITS or 40 Act strategy investment fund, neatly fitting the mold of some catastrophe bond and ILS funds. Liquid a
Europe - Hot money exits Denmark as SEB says hedge funds closing bets... [more]From Bloomberg.com: The biggest currency-trading bank in the Nordic region says hedge funds and other short-term speculators have exited their bets against Denmark’s euro peg. Thomas Thygesen, chief economist at SEB AB in Copenhagen, says investors who had sought to profit from a scenario that put t
Asia - Hong Kong's new €25bn sovereign fund to target real estate... [more]From PIE-mag.com: Hong Kong’s planned new €25bn sovereign wealth fund could invest 50% of its assets in alternative assets, including real estate and private equity, signaling the arrival of a sizeable and powerful new player on the international property scene.
Announced on Tuesday, the vehic
…And Finally - Canadians asked to stop 'Spocking' bank notes... [more]From Sky.com: The craze for adding Mr Spock's features to the $5 note has accelerated since the death of Leonard Nimoy, who played the Vulcan.
Canadians have been asked to stop drawing Leonard Nimoy-inspired Mr Spock pictures on their $5 bank notes.
For years, fans of the famous Star Tre