Lansdowne Partners, the long-running London-based hedge fund firm, is restructuring its flagship Developed Markets Fund to focus solely on long-only investments, and will no longer employ short-selling in the strategy, in a major shift in focus for the high-profile manager.
Quantumrock, the German volatility-focused quantitative hedge fund manager, has seen returns soar in the first half of the year, with its flagship fund generating more than 36 per cent in the first half of 2020 following an eye-catching June gain of almost 10 per cent.
Hedge funds see “little to no profit” from betting against UK supermarkets, as short trades go awry during lockdown
Hedge funds that built major short positions against UK supermarkets at the start of the coronavirus lockdown have seen their bets go awry as share prices in the sector remained resilient.
Jim Chanos, the president and founder of Kynikos Associates and one of the industry’s higher profile short-sellers, said that the evidence was almost irrefutable late last year that something was wrong with Wirecard.
The “locusts” were the canaries in the coal mine (again): Hedge fund short-sellers vindicated as Wirecard blow-up jolts Germany
There is precious little to celebrate in the precipitous collapse of Wirecard, the German payments group whose shares have lost 90 per cent in a matter of days amid what now appears to be incontrovertible evidence of a massive and sustained fraud involving at least EUR2 billion of ‘missing’ cash.
A contrarian perspective: Q&A with Edouard Laurent-Bellue, partner and head of fund solutions at LFIS
With long-term volatility likely to remain at elevated levels, the LFIS Vision UCITS – Perspective Fund is primed to capitalise on opportunities in rangy equity markets.
Oil hedge fund Westbeck bullish on further energy price recovery after volatile markets sends returns soaring
Westbeck Capital Management, the London-based long/short energy specialist hedge fund, is positioning for a continued recovery in oil and oil equities after making bumper returns amid frenzied markets during the first six months of the year.
The current market uncertainty and value discrepancy offers the biggest opportunity in volatility-based trading in a generation, according to Jerry Haworth (pictured), the chief investment officer of London-based 36 South Capital Advisors, who is preparing a new fund to capitalise on further volatility shocks up ahead.
Lessons learned: How luck, as well as skill, drove CTAs’ performance during the historic coronavirus sell-off
Managed futures strategies experienced an entire year’s worth of performance dispersion during a dramatic first three months of 2020, with trend-following hedge funds’ returns hinging as much on luck as skill, a new deep-dive analysis by multi-manager CTA portfolio investment firm Efficient Capital Management shows.
CF Partners Capital Management, a London-based energy-focused hedge fund, is betting on a continued price recovery in energy markets heading into the second half of 2020.
Rhenman & Partners Asset Management, a Stockholm-based sector-specialist hedge fund firm, says 2020 is poised to be “a good year” for its flagship healthcare strategy, after it posted a double-digit return for the second month in a row.
Special situation and activist hedge funds reluctant to pile into recovery amid “anaemic” corporate activity
Activist hedge funds and certain other special situations strategies are still holding off from piling into longer-term buy-and-hold stocks amid the continued market uncertainty, instead choosing to trade opportunistically around cyclical names recovering from their coronavirus battering.
Quantumrock, the German volatility-focused quantitative hedge fund manager, is on a roll this year, its flagship fund’s performance surging into double-digit territory with an equity futures-and-treasuries model built around AI trading throughout the market cycle.
Short-term trend-following hedge fund strategies stayed in positive territory in the first six months of 2020, despite June proving to be another tough month in which CTAs’ performance continued to slide as markets reverted and lacked direction.
Multi-manager hedge fund Brummer continues positive run in 2020, as equities, credit and macro drive H1 profits
Brummer & Partners, the Stockholm-based multi-strategy hedge fund firm, has generated positive returns for the first half of 2020, with US long/short equity, credit and macro strategies all driving performance in its flagship strategy in recent weeks.
Hedge funds have emerged as the top pick among asset allocators heading into the second half of 2020, outflanking other products such as private equity and real estate as investors’ asset-class-of-choice, according to new data from Credit Suisse, which showed hedge funds have met or exceeded the expectations of some two-thirds of investors so far in 2020.
Virtual meetings, vigilance, and the Mayfair effect: AIMA chief Jack Inglis discusses Covid-19’s impact on the hedge fund industry
In a recent interview with Hedgeweek, Jack Inglis, the CEO of the Alternative Investment Management Association, discussed hedge funds’ response to the assortment of operational obstacles arising from the coronavirus-imposed lockdown, how virtual conferencing has reshaped manager-investor relationships, and what the future holds for the industry’s traditional Mayfair nerve-centre following months of remote working.
Long-running multi-manager hedge fund Brummer & Partners’ flagship vehicle has generated gains across its equity, credit, macro and relative value strategies, as equities rose last month amid hopes of a global economic recovery.
Algebris credit hedge fund targets stressed debt opportunities, as winners and losers emerge from Covid-19 lockdown
Algebris Investments, a London-based multi-strategy credit and equities-focused hedge fund manager, is staking out alpha opportunities across a range of stressed credits which stand to gain from a resumption in activity post-lockdown.
Hedge funds that trade emerging markets mounted a partial comeback last month following bruising double-digit losses earlier – but total invested capital in EM funds tumbled as the coronavirus crisis took its toll.
RessCapital, a specialist boutique hedge fund manager, is generating consistent uncorrelated returns with a novel investment strategy that focuses on the US life insurance industry.