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.

MANAGER INSIGHTS

Opportunities and inefficiencies: How activist hedge fund Bluebell Capital is reaping rewards with large-cap Euro focus

Opportunities and inefficiencies: How activist hedge fund Bluebell Capital is reaping rewards with large-cap Euro focus

Founded by a team of Italian former investment bankers, London-based activist hedge fund Bluebell Capital Partners has gained impressive momentum over the past year with its focus on listed, predominantly European large-cap companies.

OUTSOURCED TRADING

Outsourced Trading in Focus

Outsourced Trading in Focus

The concept of outsourced trading is not new to hedge funds, but its relevance has arguably come to the fore over the last 12 months as managers of all shapes and sizes seek out ways to run their businesses as cost-effectively as possible.

FUND PERFORMANCE

Harvesting alpha: Brummer Multi-Strategy CEO Mikael Spångberg strikes optimistic tone after hedge fund soars

Harvesting alpha: Brummer Multi-Strategy CEO Mikael Spångberg strikes optimistic tone after hedge fund soars

Brummer Multi-Strategy CEO Mikael Spångberg says the fund is in a “good position” to deliver continued positive performance, after it posted its second-best annual performance to date – but he underlined the importance of generating alpha in the face of unpredictable markets.

FUND FLOWS

Hedge fund asset volumes are setting new records, as uncorrelated gains draw more investor money

Hedge fund asset volumes are setting new records, as uncorrelated gains draw more investor money

Total global hedge fund assets under management have mushroomed to a record USD3.6 trillion, thanks to defensive outperformance and opportunistic gains during 2020’s upheaval – though the biggest firms continue to take the lion’s share of investor capital as smaller names are squeezed.

OUTLOOK

JP Morgan Asset Management forecasts “rich environment” for hedge funds as ‘megatrends’ take centre-stage

JP Morgan Asset Management forecasts “rich environment” for hedge funds as ‘megatrends’ take centre-stage

The fallout from the coronavirus pandemic is set to unlock global “megatrends” this year, including consumer and corporate technology, healthcare, and sustainability themes – and hedge fund investors can expect a “rich environment for growth”, a major new study by JP Morgan Asset Management suggests.