Merger arbitrage is proving the most resilient hedge fund strategy amid the continued global volatility sparked by the coronavirus outbreak, according to Lyxor Asset Management. Merger arb strategies were down just 0.4 per cent since the 18 February equity peak,
Close to a third of hedge fund firms have now slashed management and performance fees, according to a new industry study, which suggests managers increasingly must offer discounts and other novel fee models to retain investor mandates. The report, ‘European
Nasdaq has acquired Solovis, a privately-held financial technology company offering multi-asset class portfolio management, analytics and reporting tools across public and private markets. Solovis solutions will be available through Nasdaq’s eVestment group and broaden eVestment’s capabilities with portfolio analysis and monitoring
Sustainable investing proved to be the biggest structural investment theme for 2020 and beyond at the ninth annual Amsterdam Investor Forum, hosted on 5 February at the headquarters of ABN AMRO Clearing.
Oil prices plummeted on Monday morning as the impact from the coronavirus outbreak – coupled with a Saudi Arabian price cut – dragged global stock markets lower, with a number of major hedge funds standing to gain from the commodities crash. Brent
McLarty Capital Partners (MCP), a private capital provider to small- and medium-sized enterprises (SMEs), has rebranded as The Firmament Group (Firmament). The new name reflects the firm’s evolution from an extension of the McLarty family office to a global
Hedge funds posted mixed performance in February, led by fixed income-based Relative Value Arbitrage strategies, as global equities and commodities suffered steep declines on spreading coronavirus contagion fears. The investable HFRI 500 Relative Value Index gained +0.8 per cent for the
The impact of the coronavirus outbreak is revealing underlying weaknesses in emerging market debt, according to Man GLG. Guillermo Ossés, head of emerging market debt strategies at Man GLG, says the firm is staying negative on EM assets until the
With notable dispersion in high yield in 2019, CQS and BlueBay Asset Management see further upside as energy and automotive sectors respond to technology disruption… High yield credit will likely present further idiosyncratic opportunities in 2020 thanks to elevated dispersion
The rapid stock market sell-off – which saw the S&P 500 slide 3 per cent again on Thursday, with the FTSE 100 down 3.5 per cent on Friday morning – is unlikely to end the long equity bull market run,
