US investment manager Wealthspring Capital has launched its debut hedge fund strategy, Fountain Opportunities, which aims to capitalise on the ongoing boom in special purpose acquisition companies (SPACs).
Man Group saw its funds under management swell further during the first three months of the year, rising to USD127 billion thanks to strong investment performance and continued investor inflows.
Larger hedge funds have entered the second quarter on a high after a staging an impressive fightback which saw them generate above-average returns in March after lagging the industry average during the first two months of the year.
The fallout from the Greensill collapse in recent weeks has highlighted just how vital it is to have a transparent view on credit risk, whether it is in supply chain finance or the equity tranche of a CLO. In any investment fund the buck stops with the portfolio manager; they are the ones making critical decisions and one must assume they understand the underlying risk.
Gresham Investment Management, the diversified commodities and futures pioneer, has raised USD30 million for a new strategy which taps into growing investor demand for actively-managed commodity exposure amid signs of a new bull market in the sector.
By Don Steinbrugge (pictured), Agecroft Partners – Hedge fund capital introduction events, in which investors and fund managers meet in a speed-dating environment, have increased in popularity within the past decade.
The recent dip in oil markets is a “healthy correction” which heralds attractive buying opportunities, according to London-based commodities-focused hedge fund Westbeck Capital Management, which maintained its positive Q1 momentum despite March’s pullback.
Aberdeen Standard Investments is bullish on event driven merger arbitrage hedge funds amid a surge in deal volumes, while equity long/short and activist managers are also tipped to capitalise on the continued fallout from the coronavirus pandemic.
Global equities hedge fund Russell Clark Investment Management is taking a bearish stance on “expensive” gold, and urges caution on the price of the safe-haven commodity.
By Robert Quartly-Janeiro – There is a lot of talk about ESG. It dominates column inches and pitch decks at levels unimaginable only a decade ago. The need for companies to adopt and integrate ESG is imperative if environmental issues – the hardest and most important component – are to be resolved in the coming decades and a mass extinction avoided.
Founded in 2015 by David Meneret (above left), a former Macquarie senior portfolio manager and structured credit specialist of almost 20 years, New York-based credit hedge fund Mill Hill Capital believes the current market landscape offers fertile ground for its market neutral, relative value investment style.
Stockholm-based Brummer & Partners’ flagship multi-strategy fund has dipped into negative territory in recent weeks according to mid-month estimates for March, with long/short equity losses offsetting gains made by other strategies.
