Alternatives

Dalton Strategic Partnership is launching a Ucits-compliant version of its European equities fund, which bucked the industry trend by profiting in 2008.

Aberdeen has acquired £13.5bn of long-only multi-manager and fund of hedge fund assets from RBS Asset Management for £84.7m.

Schroder Global Climate Change manager Simon Webber believes clean energy stocks will continue to advance in 2010 despite this month's Copenhagen summit only delivering a "fudge" agreement.

Negative sentiment around the failure to reach a detailed agreement at Copenhagen will only have a short term impact on environmental markets, say fund managers.

Funds of hedge funds have outperformed the average hedge fund in fewer than one in every five months since 2000, according to data providers Eurekahedege.

WHEB Sustainability fund has increased its exposure to solar power stocks on expectations of a rally post Copenhagen Summit.

Schroders Simon Webber warns a failure to reach agreement at the UN climate change conference could impact carbon intensive industries such as steel.

Fund managers believe the outlook for clean technology stocks is increasingly positive following the US Environmental Protection Agency's declaration carbon dioxide is dangerous to human health.

Fund managers are cautiously optimistic about the outcome of the UN climate change in Copenhagen, though there is recognition any binding agreement will not materialise until the end of 2010.

Industry veteran Piers Denne has been hired by alternative investment boutique Future Capital Partners (FCP) to head up its new business development strategy.