Systematica gathers more assets

Leda Braga's hedge fund Systematica Investments has increased its external assets by almost $2.5bn. Systematica's external assets were $7.8bn when it spun out of Mike Platt's BlueCrest in early 2015, and have since risen to $10.2bn, according to eFinancialNews. Selwood AM marks one year with $350m in assets

London-based alternative asset manager Selwood Asset Management LLP marks its first anniversary with consistent positive performance and increase in AuM to above $350m.

Selwood AM was founded in 2015 by credit specialist Sofiane Gharred after 15 years in banking and investment management. He was joined by former colleagues, and in January 2016 Selwood brought in Malcolm Butler (ex-Citi and COMAC Capital) to build out the business. Tages Capital seeded the fund. The fund is focused on liquid Investment Grade Credit in Europe and North America. The strategy aims to maintain a market neutral profile while embedding tail hedge features against extreme market scenarios. Full article by K. Manalo here Context adds to fund roster

Pennsylvania-based Context Asset Management, founded in 2013, is expanding its roster of liquid alternatives. Over the next 12-18 months, the firm plans to launch as many as three new products.

"We're looking for strategies that are institutional in quality, have an asymmetric return and fit well within the mutual fund wrapper," John Culbertson, President and Chief Investment Officer of Context Asset Management tells Opalesque. "With those criteria, the group of managers we are looking at is pretty small, but we think it also gives us the opportunity to bring unique products to market."

Earlier this month the firm announced that its Context Macro Opportunities Fund, a......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.