SWEDEN - Informed Portfolio Management (IPM) has launched two hedge fund programmes specifically for institutional investors.
Stockholm-based IPM has created the vehicles with Vequus Ltd, a new hedge fund investment research firm founded by Joe Roseman and Dylan Grice.
Anders Lindell, director of product management at IPM, said: “We have created these programs as the current number of providers for institutional investors looking for alpha products is limited.”
He added: “Existing hedge funds are not set up for institutional demands on alpha generation.”
IPM has been in extended discussions with investors, but said it could not comment further until money had been transferred.
Lindell said most interest has been generated from the Netherlands, Scandinavia and the UK, although the German market had become more interested in hedge funds over recent months.
Commenting on the new development, Roseman said: “Combining the research skills of Vequus with the institutional infrastructure of IPM creates new market opportunities for investors.”
The new products will be offered in a managed account format, as well as through Dublin based pooled vehicles.
Research will be conducted in London with the strategies executed and managed in Stockholm.
An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings
A new cost transparency solution is being developed for pension schemes by a financial services technology firm.
Supermarket giant Asda's plans to reform its pensions have been decried as "unfair, unreasonable and unnecessary" as the workers' union began talks with the employer.
The Pensions Administration Standards Association (PASA) has launched a checklist to help trustees with the rectification process for guaranteed minimum pensions (GMP).