Managed Funds Association (MFA), which represents the global hedge fund and alternative investment industry has responded positively to the Department of Labor’s proposed rule regarding the application of the fiduciary duties of prudence and loyalty in selecting plan investments and
London platform Falcon Investment Management is planning to launch a fund of crypto hedge funds with the goal of raising USD250 million for the new product over the next year. Due to debut in January, the Cayman-domiciled Falcon Fund of
French systematic equity hedge fund Quantology Capital Management has launched a novel computer-based strategy which trades in the metaverse.
Alternative investment firm Angelo Gordon has appointed Allison Binns, former Executive Director for Global Sustainability Research at Morgan Stanley, as Head of Environmental, Social & Governance (ESG) and Sustainable Investing Strategies. In this new role, Binns will lead and drive
Spot Intraday markets operated by EPEX SPOT were up 17 per cent y-o-y in November to 11.1 TWh with Nordic markets reporting a new high to 428.9 GWh (previous record in July 2020: 346.5 GWh). Both Swiss and Greek Power
CTAs’ run of positive performance over the last 12 months came to an abrupt end in November, as news of the Omicron Covid-19 variant hit markets at the end of the month, according to the latest figures from Society Generale.
Maso Capital, an event driven and convertible arbitrage-focused hedge fund based in Hong Kong, was established in 2012 by Manoj Jain and Sohit Khurana, who previously managed money for Och-Ziff’s Asia-focused strategies.
Third Eye Asset Management Inc (TEAM), an affiliate of Toronto-based alternative capital firm Third Eye Capital (TEC), has held the initial closing of the TEC Credit Income Fund with approximately USD201 million of subscriptions of preferred units. TEC and its
CME Group’s SOFR futures contracts have reached a new open interest record, surpassing 1.6 million contracts on 30 November, a 137 per cent increase in open interest year to date and more than 60 per cent growth since mid-September. November’s
With ESG data now a hot commodity across the financial services sector, hedge funds and other asset managers must dig deeper into company metrics to gain an edge, as the industry continues to grapple with a lack of consistent standardisation
