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Opalesque Exclusive: VanMac launches hedge fund platform
Sydney based VanMac Group has launched the VanMac Hedge Fund Platform, which allows institutional clients to tailor asset weightings and investment styles.
VanMac Group Managing Director, Scott MacDonald, says the platform will access an index tracking core approach via Greenwich Alternative Investments LLC, and ‘combine this with a cohort of complimentary satellite managers, risk management and gearing as appropriate.’ MacDonald says the new platform will lower costs for institutional investors by 50-150 basis points per annum in management fees for the hedge fund component.
The platform will offer reporting systems provided by Pacific Funds Systems [PFS] a provider of fund accounting and administration systems used by hedge funds clients with someUS$200 billion in assets globally. PFS was co-founded byAustralian James Eldershaw. Corporate website: Source.
Opalesque Exclusive: New fund distribution firm to market alternatives product from UBS and SHK
A new alternative funds distribution firm, Quattro Asset Management, has been established by Real Estate Capital Partners (ReCap). Quattro will be led by ReCap’s CEO, Andrew Saunders, with David Adiseshan hired as executive director. Adiseshan has a funds management background and was previously in sales and distribution for Ray White Invest.
The new firm will ini...................... To view our full article Click here
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