Digital Assets Report

Latest News

Managed futures traders lost 1.19 per cent in December according to the Barclay CTA Index compiled by BarclayHedge. The Index was down 1.43 per cent in 2015. “European Central Bank easing in December fell short of investor expectations, and markets promptly registered disappointment with sharp trend reversals in European equities, interest rates, and the Euro,” says Sol Waksman, founder and president of BarclayHedge.   Five of Barclay’s eight CTA indices lost ground in December. The Financial/Metals Traders Index was down 1.68 per cent, Diversified Traders lost 1.52 per cent, and Systematic Traders were down 1.47 per cent.   “CTAs lost
The SS&C GlobeOp Forward Redemption Indicator for January 2016 measured 2.31 per cent, down from 4.98 per cent in December. "SS&C GlobeOp's Forward Redemption Indicator came in at 2.31 per cent for January 2016, down from 4.98 per cent for December 2015 and also down year-over-year compared to 2.49 per cent for January 2015," says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "It's noteworthy that on a year-over-year basis, the Forward Redemption Indicator has fallen seven of the past eight months, including the most recent four months consecutively. This continuing pattern is consistent with other data we track, indicating
Hedge funds finished last year up 2.42 per cent, beating equities and bonds on an absolute and risk-adjusted basis, according to an analysis of performance data by the Alternative Investment Management Association (AIMA). AIMA says the analysis, based on returns reported to HedgeFund Intelligence (HFI) by funds with total assets under management (AUM) of roughly USD1.1 trillion, represents one of the most comprehensive assessments of the global hedge fund industry’s performance last year.   The analysis includes the first measurement of the industry’s risk-adjusted performance in 2015. Risk-adjusted returns are closely watched by institutional investors such as pensions and endowments
The LoCorr Market Trend Fund has passed the USD1 billion mark in net assets this month, just 18 months after its launch on 1 July, 2014. Based on total returns, the LoCorr Market Trend Fund Class I, ranked in the 6th percentile of 165 funds since its inception; and ranked in the 11th percentile of 179 funds during 2015 in Morningstar’s Managed Futures Category as of 31 December, 2015. Furthermore, the Fund outperformed the universe of the managed futures category since its inception, with the Class I shares returning 16.63 per cent on an annual basis over the approximate 18-month
Pamplona Capital Management has appointed Pedro Rapallo (pictured) as an Operating Partner in order to supplement its deal team and support its focus on the Iberian Peninsula. In this new position, Rapallo, along with the Pamplona Capital team, will drive new investment opportunities in Spain and Portugal.   “Pedro brings a wealth of local knowledge and expertise in Spain and Portugal and a large experience in the global financial services industry. Pedro’s insight will be invaluable for Pamplona Capital as we increase our focus on investment opportunities in Iberia,” says John Halsted, Managing Partner at Pamplona Capital.   Rapallo brings 20
The latest research from Goal Group, a provider of withholding tax reclamation and securities class action recovery services, shows that GBP13.2 billion (USD18.9 billion) of investors’ rightful returns from foreign shares and bonds were lost in the latest financial year because withholding tax on dividends and income is not being fully reclaimed. UK investors suffered the biggest losses out of all major European markets, missing out on GBP910 million (USD1.3 billion) in recoverable returns, a significant rise since 2012 (GBP756 million). Investors domiciled in the US relinquished GBP2.5 billion (USD3.57 billion), up from GBP1.8 billion two years previously.   Despite
Man GLG, the discretionary investment management business of Man Group, has appointed Guillermo Ossés as Head of Emerging Market Debt Strategies, based in New York. Ossés, who brings 24 years of experience in emerging markets fixed income investing to Man GLG, joins the firm from HSBC Asset Management. Ossés joined HSBC in 2011 and led the firm’s emerging markets fixed income capabilities, managing in excess of USD20 billion. Prior to this, Guillermo was an emerging markets fixed income portfolio manager at PIMCO and held emerging markets positions at Barclays Capital and Deutsche Bank. He holds a BA in Business from
JC Flowers & Co is to acquire Chi-X Australia, Chi-X Japan and Chi-Tech Hong Kong. Financial terms of the transaction, which is expected t close in Q1 2016, have not been disclosed. Tal Cohen (pictured), CEO of Chi-X Global, says: “We are pleased to announce that JC Flowers & Co has agreed to acquire Chi-X Australia, Chi-X Japan and Chi-Tech. Over the past five years, Chi-X has established itself as an integral part of the financial markets in Asia Pacific through our commitment to competition and innovation.” 
 “JC Flowers & Co has a deep appreciation for these markets and shares
The Jefferies Managed Futures Fund, one of the funds managed by the Strategic Investments Division of Jefferies Investment Advisers and a member of the Leucadia Asset Management family of funds, has beed added to the SG Short Term Traders Index (formerly Newedge Short Term Traders Index). The index, which is comprised of the largest 10 managers by AUM that meet specified criteria, is designed to track the performance of short-term, diversified Commodity Trading Advisors (CTA) and Global Macro managers.   Jefferies Managed Futures Fund’s investment program employs a diverse set of systematic, short to medium term trading strategies applied to
Trian Fund Management has appoiunted Michael D White, former Chairman, President and Chief Executive Officer of DIRECTV, and former Chief Executive Officer of PepsiCo International and Vice Chairman of PepsiCo, to its team of Advisory Partners. White joins Trian’s other Advisory Partners, William R Johnson, Dennis M Kass and Dennis Reilley, in providing support to Trian in various ways, including by identifying potential investment opportunities, assisting with due diligence, formulating strategic and operating initiatives for the companies in which Trian invests, and engaging with public company management teams, Boards of Directors, shareholders, and external advisors.   Nelson Peltz, Peter May

Special Reports

FeatureD

Events

16 May, 2024 – 8:30 am

Directory Listings