Funds

FUND PERFORMANCE

“Active and dynamic” approach helps Syz Capital-Banca March multi-fund vehicle weather 2020 turbulence

“Active and dynamic” approach helps Syz Capital-Banca March multi-fund vehicle weather 2020 turbulence

Oyster BM Alternativos – an alternative UCITS fund of funds launched a year ago by SYZ Capital with Spain’s Banca March, and led by hedge fund industry veteran Cédric Vuignier – has weathered 2020’s turbulence to grow its assets to EUR100 million (USD118.1 million), making gains in Japanese and convertible arbitrage-focused positions.

Story

Hedge funds add USD5.6bn in August

Hedge funds add USD5.6bn in August

Hedge funds posted a third consecutive month of inflows in August, adding USD5.6 billion in new assets to July’s USD10.5 billion in inflows and June’s USD15.1 billion as the industry continued its rebound from spring’s pandemic-driven redemptions.

RESULTS

Man Group’s shares rise after positive returns and investor inflows fuel Q3 FUM surge

Man Group’s shares rise after positive returns and investor inflows fuel Q3 FUM surge

Man Group’s shares rose on Friday morning after the London-listed global hedge fund group’s latest quarterly results showed funds under management swelled 4 per cent in Q3 to USD113.1 billion - driven by what CEO Luke Ellis described as “strong growth” in performance and “robust net inflows” in its alternatives and long-only strategies.

FUND PERFORMANCE

M&A surge boosts event driven and merger arb hedge funds amid potential Q4 risk aversion

M&A surge boosts event driven and merger arb hedge funds amid potential Q4 risk aversion

Merger arbitrage and event driven hedge fund strategies can capitalise on the recent pick-up in M&A activity globally, and help cushion investors’ portfolios amid potential risk aversion as a result of the US election, Brexit and a fresh Covid-19 surge in Q4, industry strategists say.

FUND PERFORMANCE

In hedge funds, success no longer depends on size, as biggest managers fall behind industry average in 2020

In hedge funds, success no longer depends on size, as biggest managers fall behind industry average in 2020

The biggest hedge fund managers are still lagging behind the wider industry’s performance on average in 2020, with larger strategies having fallen into the red over the past nine months while the industry overall is in positive territory, as hedge fund strategies of all stripes gave up some of their summer gains in September, according to new industry data.