Artemis Investment Management has announced the proposed launch of the Artemis Pan European Absolute Return Fund, subject to regulatory approval.
Old Mutual Global Investors has announced the launch of the Old Mutual Arbea Fund, a global market neutral hedge fund domiciled in Cayman.
RWC has launched a Cayman-based European Focus Fund. The fund has already $145m under management, representing support from existing investors and will be managed by the European Focus team who joined from Hermes in October 2012.
Jean de Courrèges has been appointed director in the international team of Carne Group, and will be able to sit on boards of both Luxembourg and Cayman Islands funds as an independent director.
The impact of the EU’s AIFM Directive on the Cayman Islands, domicile of choice for the vast majority of hedge funds, is likely to be “fairly small”, according to Peter Cockhill, a partner with law firm Ogier.
Following investor demands, the Petrus Advisers Special Situations Fund has moved its domicile from Jersey to the Cayman Islands, allowing institutional investors to invest and create an internationally comparable investment product.
Carne Group has selected Julie O’Hara as the latest independent fund director to join its Cayman Islands office – the fourth Carne director now resident in the Cayman Islands and available for fund boards.
Swiss & Global Asset Management in Zurich is celebrating 20 years as a provider of private labelling services to international partners.
Cayman Islands based fund administrator Trident Fund Services has added Advent Software’s Geneva World Investor module encompassing accounting and servicing capabilities to its existing use of Advent’s Geneva portfolio management tool for alternative investments.