The Tungsten TRYCON AI Global Markets Find, which was one of the first AI-based UCITS strategies when it launched back in 2013 is up 4.1 per cent YTD in 2020. In the drawdown period up to March, when many portfolios suffered considerable losses, it was able to generate a gain of over 5 per cent.
Results & performance
More than USD1.6 billion of private client funding has been raised by HSBC Private Banking for so far in 2020 for hedge funds, private equity, private credit and a private REIT strategy.
Investors are returning to hedge funds, as industry enjoys positive capital flows for second month in a row
Investors continued to add more money to hedge funds last month – after pouring more than USD9 billion into the industry in July – as the sector recovers from a bruising four-month run of withdrawals and allocators drift back to the sector, new industry data shows.
Hedge funds post a second straight month of inflows adding USD10.5bn in July, says Backstop BarclayHedge
Hedge funds experienced a second straight month of inflows in July, bringing in USD10.5 billion as the industry continued to shake off spring’s pandemic-driven redemption trend.
The SS&C GlobeOp Forward Redemption Indicator for September 2020 measured 3.43 per cent, up from 3.08 per cent in August.
The Westbeck Volta Fund, a global long/short equity strategy launched last year by London-based energy specialist hedge fund Westbeck Capital to trade the emerging battery revolution, has advanced more than 18 per cent so far in 2020.
Managed futures funds turned in another positive month in August returning 0.18 per cent, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions.
As Wall Street experienced its best August since the 1980s, the hedge fund industry posted its fifth straight positive month returning 2.42 per cent in August, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop Solutions.
Paris-based systematic hedge fund Quantology Capital Management – which trades US equities using a quarterly earnings-based quant model – has generated positive returns from IT and internet positions, and now sees US markets firmly in “risk on” territory.
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 1.13 per cent in August, underperforming the 1.54 per cent monthly return of the HFRX Global Hedge Fund Index.