Wednesday, 22 October 2014
Last updated 14 hours ago
Aug 10 2012 | 1:14pm ET
For a second consecutive year, BNY Mellon’s Alternative Investment Services is the world’s largest administrator of UCITS funds, according to a survey by Absolute UCITS.
AIS had $26.7 billion in alternative UCITS assets under administration across 29 funds as of January 2012. The figure represents a 70% increase in its UCITS AUM from January 2011.
Marina Lewin, managing director at BNY Mellon AIS, said in a statement: "Managers remain under pressure to deliver concise and transparent information to investors against a backdrop of both ongoing volatility and regulatory uncertainty. As a result, hedge funds continue to look to a third party fund administrator they can trust and which can offer the flexibility and the depth and breadth of services to accommodate their individual tailored requirements."
Absolute UCITS is published by HedgeFund Intelligence.
AIS has over $525 billion of assets under administration and custody.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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