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Impax AssetManagement has entered into an agreement to acquire the corporate credit assets from fixed income manager Absalon Corporate Credit, part of Formuepleje Group. The post Impax AssetManagement to acquire corporate credit business from partner firm Formuepleje Group appeared first on The TRADE.
Louis de Kock is set to depart J O Hambro Capital Management in the coming weeks, with Adam Simmons taking over as head of trading, The TRADE can reveal. De Kock has held the position since 2010 and his next role is so far unconfirmed. De Kock has held the position since 2010 and his next role is so far unconfirmed.
Senior equity trader at Janus Henderson, Stuart Mair, has left the assetmanager after 14 years, The TRADE can reveal. According to an update on his social media, Mair has joined hedge fund and systematic trading platform Schonfeld as an equity trader dealing with long and short strategies.
A fixed income trader from BlackRock has left the assetmanager for a new role at Taula Capital Management, The TRADE can reveal. Mapara joined BlackRock back in 2010 havingpreviously served at AllianceBernstein in a trade floor support role for nearly three years.
Louis de Kock is set to depart J O Hambro Capital Management in the coming weeks, with Adam Simmons taking over as head of trading, as revealed by The TRADE. De Kock has held the position since 2010 and his next role is so far unconfirmed. Simmons previously held positions at Charles Stanley & Co.
Senior equity trader at Janus Henderson, Stuart Mair, left the assetmanager after 14 years. According to an update on his social media, Mair joined hedge fund and systematic trading platform Schonfeld as an equity trader dealing with long and short strategies.
Over the last two decades the evolution of ETFs have reshaped the assetmanagement sphere irrevocably, with an annual growth rate of 15% since 2010 – around three times the velocity of traditional mutual funds. The post Kepler Cheuvreux picks up majority stake in ETF platform Trackinsight appeared first on The TRADE.
An investment-grade credit trader from RBC BlueBay AssetManagement has left the firm to join Norges Bank Investment Management, The TRADE can reveal. Christopher Lemmo left BlueBay, part of RBC Global AssetManagement, in April this year after almost 13 years at the fixed income focused assetmanager.
Over the last two decades the evolution of ETFs have reshaped the assetmanagement sphere irrevocably, with an annual growth rate of 15% since 2010 – around three times the velocity of traditional mutual funds.
RBC Capital Markets appointed Giles Gleave and Mike Heraty as its newest managing directors, according to an internal memo seen by The TRADE. He has been appointed senior trader at Norges Bank Investment Management, based in New York. The post People Moves Monday: Musical chairs appeared first on The TRADE.
Distressed Debt Hedge Funds Definition: Distressed debt hedge funds buy and sell debt that is trading at a steep discount to face value, such as 40%+, and make money by betting on changes in the price of this debt or using it to gain influence in a restructuring or bankruptcy process.
Here’s a quick run-down of the other differences: Performance Targets: Like all hedge funds, single-manager funds aim for high absolute returns (e.g., Portfolio Structure: Unlike MM portfolios, SM portfolios do not have to be market–neutral or based on pair trades; many SM funds also tend to run much more concentrated portfolios (e.g.,
New rules have impacted almost every financial firm, ranging from banks to assetmanagers. The importance of these rules can be linked to the reshaping of the regulatory environment and ultimately creating a more robust trading environment and promoting investor confidence.
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