French seeding manager NewAlpha Asset Management has made a sixth fintech investment for the French venture capital fund dedicated to fintech companies it launched in November 2015. NewAlpha has invested in Austrian social trading platform wikifolio.com to speed up the international development of its online innovative trading platform. Launched in 2012, wikifolio.com consists of an online […]
TrackInsight, a French fintech company specialised in the development of a platform for ETF selection and analysis, has raised €2.5m from New Alpha Asset Management – primarily owned by La Française AM and OFI AM – and Aviva France, to facilitate further development. The latest funding round takes TrackInsight’s total funding to over €4m. Currently […]
There has been a flurry of activity in the French hedge fund industry with an ex-Gartmore manager rumoured to be launching a $1bn Parisian hedge fund, BNP Paribas boosting its alternatives range and Axa IM poaching a hedge fund specialist from Swiss rivals EIM.
OFI AM vient de lancer le SSP Armored Wolf Euro Inflation. Le fonds est principalement investi en obligations indexées à l’inflation émises par les gouvernements de la zone Euro.
France’s Oddo Asset Management has seeded a merger arbitrage fund established by former proprietary traders from Banque d’Orsay, in a further demonstration of willingness by French financiers to back new hedge funds.
French and Swiss institutions have put $150m into a hedge fund seeding vehicle run by NewAlpha Asset Management, marking part of a revival in the financing of new managers.