Friday, 29 August 2014
Last updated 11 hours ago
Apr 13 2011 | 9:48am ET
European prime broker SEB has added a new fund to its German UCITS platform from Tungsten Capital Management, a German equity specialist.
The Tungsten long/short strategy is an absolute return strategy with a 10-year track record investing in U.S. equities. The strategy is systematic long/short with a contrarian profile investing only in the most liquid instruments listed on the major U.S. exchanges.
It will be offered on the SEB Master KAG, which, together with SEB Enskilda Prime Brokerage, provides a one-stop shop for German UCITS funds, assisting with risk management, fund administration, pricing and fund and tax reporting.
Andreas Julin, SEB Enskilda’s head of prime brokerage sales Germany said: “We see a continued strong investor appetite for alternative UCITS across Europe and Germany offers some of the most interesting opportunities. SEB Master KAG is an extension to our alternative UCITS offering in Luxembourg.”
Added Bernd Schusta, of SEB Master KAG: “Tungsten is one of the pioneers in Germany for absolute return strategies, and we have a long-standing history working together with Tungsten’s onshore hedge funds. We are now looking forward to expanding our relationship further with a UCITS III fund.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...