When your fund has outperformed its benchmark by 56.56 per cent in the three years to 22 February and returned 111.55 per cent since launch in 2015, you can be forgiven for caring little about macroeconomic conditions.
David Vafai, CEO, and co-founder, of bfinance is looking forward to the ‘galvanising catalyst’ for the team that its latest MBO from Baird Capital represents, which will see around half the employees with equity participation in the firm.
BTON Financial, a data-driven, automated trading platform that is designed to help asset managers optimise their workflow and achieve better outcomes, has announced Andra AP-fonden (AP2), one of northern Europe’s largest pension funds, has decided to use BTON Financial to improve its trading performance.
Exchange Data International (EDI), a provider of global security corporate actions, pricing, and reference data services, has introduced the Luxembourg Funds Data Service to further enhance its coverage of investment funds.
The management team of global investment consultancy bfinance has undertaken a buyout of the firm, with the purchase of a 51 per cent stake formerly held by Baird Capital. The transaction has been supported by Beach Point Capital Management.
2022 has been a “year to forget” for some fund managers but given the events of this year, it will be more likely to stick in memories forever.
