Tuesday, 22 July 2014
Last updated 6 hours ago
Nov 30 2010 | 12:02pm ET
Skandia Investment Group has poured £19 million from three of its funds of hedge funds into Liontrust Asset Management's UCITS III-compliant credit opportunities fund.
The investment comes from Skandia's Diversified, Bond Income and Alternative Investments funds. Skandia fixed-interest research chief Adam Smears credited the Liontrust team's "proven track record" in generating returns in many market environments for the allocation.
The Liontrust Credit Absolute Return fund employs the same strategy and investment process as Liontrust's Credit Hedge Fund, but with less risk. It is a liquid long/short credit vehicle focused on European opportunities, and is managed by Simon Thorp and James Sclater.
The Luxembourg-domiciled fund was launched in March.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…