Hedge funds marked their 13th consecutive month of positive returns in November with 0.47 per cent average returns for the month, bringing year-to-date returns for the industry to +7.70 per cent., according to eVestment’s latest Hedge Fund Industry Performance Report.
Abacus Group has secured a minority investment from WestView Capital Partners. Drake Star Partners acted as an exclusive financial advisor to Abacus Group on this transaction. Founded in 2008, Abacus Group has successfully served the hedge fund and financial institution
Allianz Global Investors (AllianzGI) and Allianz Capital Partners (ACP) are joining forces to extend the range of investment expertise available to AllianzGI’s broad global client base. From 1 January 2018, ACP will become a discrete entity under the umbrella of
Market participants using MarketFacory’s ultra-low latency API for foreign exchange trading, Whisperer, will be able to trade Bitcoin futures on the Chicago Mercantile Exchange (CME) when they launch on 18 December. Additionally, Whisperer provides access to Bitcoin market data.
The SS&C GlobeOp Forward Redemption Indicator for July 2019 measured 2.69 per cent, down from 3.81 per cent in June. “SS&C GlobeOp’s Forward Redemption Indicator for July 2019 was 2.69 per cent, closely in line with historical averages, though up slightly
HFR has launched two new indices, the HFR Blockchain Composite Index and the HFR Cryptocurrency Index, the first family of indices designed to capture performance of hedge funds investing in this rapidly evolving space. The HFR Blockchain Composite Index includes
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for November 2017 measured -0.40 per cent. Hedge fund flows meanwhile, as measured by the SS&C GlobeOp Capital Movement Index, declined 0.18 per cent in December. “SS&C GlobeOp’s
It has been a watershed year for Gemini Alternative Funds, LLC (Gemini Alt), as it continues to see interest among large allocators – pensions, endowments – that look at the managed account platform, and specifically Gemini’s Dedicated Managed Account (DMA)
Hedge fund managers often argue that taking on separately managed accounts can place an additional operational burden on their teams. As a result, many managers may resist investor requests for managed accounts. A new breed of outsourced managed account solutions
Investors pulled USD16.43 billion from the hedge funds in June, bringing year-to-date (YTD) outflows to -USD44.61 billion, according to the June 2019 eVestment Hedge Fund Asset Flows report. Overall industry AUM stood at USD3.273 trillion in June. For the month
