RESULTS

Hedge fund giant Man Group sees funds under management hit record high as alternative strategies rise

Hedge fund giant Man Group sees funds under management hit record high as alternative strategies rise

Man Group, the publicly-quoted London-headquartered global hedge fund group, has seen its funds under management hit record highs, with its hedge funds and alternative strategies posting strong performances amid 2020’s unprecedented coronavirus-fuelled turbulence, despite a fall in annual pre-tax profits for the company.

MANAGER INSIGHTS

“Excess returns”: UBP alternatives group targets Covid-hit credit with new distressed fund

“Excess returns”: UBP alternatives group targets Covid-hit credit with new distressed fund

Seizing on the assortment of opportunities arising from the ongoing coronavirus crisis, Union Bancaire Privée (UBP) has unveiled a new credit-focused strategy which taps into stressed and distressed situations within mid-market US and European corporate credit, collateralised loan obligations and segments of the European commercial real estate sector.

FUND PERFORMANCE

How data is driving quant hedge fund Aspect Capital’s global macro gains

How data is driving quant hedge fund Aspect Capital’s global macro gains

With the shape of the post-pandemic recovery still in flux, London-based quantitative hedge fund firm Aspect Capital believes its computer-driven global macro strategy is well positioned to capitalise on both short-term market dislocations and medium-term trends this year, as well as benefitting from relative value opportunities amid the varying recovery speeds.

FUND PERFORMANCE

Hedge fund strategies soar: Industry enjoys biggest annual return since Global Financial Crisis, as managers weather 2020 storm with double-digit surge

Hedge fund strategies soar: Industry enjoys biggest annual return since Global Financial Crisis, as managers weather 2020 storm with double-digit surge

Hedge funds weathered the political, social and economic shocks brought about by the global pandemic and frequent bursts of soaring volatility to score a near-12 per cent return last year – their best since 2009 – outperforming both the Dow Jones Industrial Average and FTSE 100, new data from Hedge Fund Research shows.

Q&A

Financials’ fortitude: EJF Capital eyes rotation trade as banks and insurers weather Covid storm

Financials’ fortitude: EJF Capital eyes rotation trade as banks and insurers weather Covid storm

Founded in 2005, EJF Capital focuses on investment opportunities in financial services, targeting all levels of the capital structure on both a long-only and long/short basis. Specifically, the firm’s strategy seeks out ideas stemming from regulatory and structural changes impacting the banking sector, insurance companies and specialty finance.