Friday, 30 January 2015
Last updated 2 hours ago
Jan 21 2009 | 2:53am ET
Scottish money manager SVM Asset Management is aiming to capitalize on the success of its long/short Saltaire Fund, which posted a double-digit return last year.
Edinburgh-based SVM is seeking regulatory approval for its U.K. Absolute Alpha Fund. If approved by the Financial Services Authority, the new fund will be managed by Colin McLean, who also runs Saltaire. The existing fund returned 19.7% last year.
Absolute Alpha will be a UCITS III-compliant offering. Hector Kilpatrick will serve as its deputy fund manager.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…