Data from HFR shows that hedge funds advanced in August led by a resurgence in Energy/Basic Materials and Activist strategies. The HFRI Fund Weighted Composite Index (FWC) gained +0.4 per cent for the month, increasing the Index Value to 12,709
The Power Spot Intraday market, operated by EPEX Spot, increased by 17 per cent to 8.9 TWh in July, with Swiss Intraday trading generating a significant growth rate of 101 per cent and reached 110.3 GWh. The Belgian and French Intraday
Pavilion Financial has closed its acquisition of Altius Holdings, the parent company of Altius Associates, a private markets advisory and separate account management firm with offices in the UK, US and Singapore. Pavilion has also established Pavilion Alternatives Group, a
Systematic alternative investment manager Devet Capital Investments has received a license from the US National Futures Association enabling it to extend the marketing of the Devet Capital Absolute Return Strategy to American investors. In the UK, Devet is authorised and
As gold prices reach fresh highs, more hedge fund investors could pile into the commodity – heralding fresh spikes of volatility in the assets, according to Christopher Cruden, manager of the currency and gold-focused CTA strategy Insch Kintore.
The European Energy Exchange (EEX) has conducted the first primary market auction under the new CAP2 contract on behalf of the participating 25 EU member states. In the auction, 3,664,000 EU Allowances (EUAs) were sold at a price of 4.02
Twelve Capital Group has launched its insurance equity strategy. The portfolios launched to date have a focus on M&A activity in the insurance sector and are designed to offer investors access to the attractive investment opportunities across the entire (re-)insurance
Brummer & Partners, a Stockholm-based multi-strategy hedge fund firm, continued to generate positive performance as markets moved into the second half of the year, notching up gains across its trend-following, equity, credit and relative value strategies in July. The Brummer
GAM Systematic, the Cambridge-based quantitative investment management unit of Swiss-headquartered global asset manager GAM, saw its assets tumble in the first half of 2020 as investors withdrew CHF900 million (USD981.3 million).
Hedge fund short sellers took a hefty beating in what proved to be a bruising July, losing some USD6 billion across a range of strong-performing technology stocks, including more than USD4 billion from Tesla shorts alone. New data from Ortex
