The Swiss banking group Syz has launched Oyster ForExtra Yield EUR, a new sub-fund of its Oyster Funds Sicav. The sub-fund seeks to take advantage of the high interest rates paid by certain currencies. This strategy has been tested for
Managed futures gained 1.01 per cent in January, according to the Barclay CTA Index compiled by BarclayHedge. “CTAs got a boost this month from the ‘Abe trade’ (short the Japanese Yen and long the Nikkei or TOPIX), named for the
State Street has been selected by LibreMax Capital to provide fund administration services for its newly launched hedge fund. LibreMax Capital was founded by former Deutsche Bank executives Fred Brettschneider and Greg Lippmann. International Fund Services, State Street’s hedge fund
Inflation can be good for governments, reducing the real value of government debt, but it reduces living standards for those whose incomes are not protected from rises in the rate of inflation. Keynes called it “Euthanasia of the rentier”, and
Auriel Capital Management, a London-based investment management firm, has launched a dynamic currency hedging programme for institutional investors with the backing of a USD1.1bn mandate from a US corporate pension plan. The strategy is designed to reduce the volatility of
New hedge fund and securities regulation through measures such as the Dodd-Frank legislation in the US and the European Union’s Directive on Alternative Investment Fund Managers are indicative of a changed global order, according to the International Organisation of Securities
Investcorp, the alternative asset manager, and Ballast Capital Management, a hedge fund manager based in New York, have formed a partnership. Ballast, which specialises in long-short equity, is the latest addition to Investcorp’s single manager platform. Ballast is led by
Following two years of crisis, hedge funds’ European fixed income trading volume jumped 47 per cent from 2009 to 2010, according to Greenwich Associates’ 2010 European Fixed Income Study. As the need for investor liquidity abated and concerns about hedge
Dow Jones Indexes will use the Centaura Solutions Asset Management System to provide data capture services in connection with the Dow Jones Credit Suisse Hedge Fund Indexes. Dow Jones Indexes will use the Centaura Solutions Asset Management System to provide
In the first quarter of 2013, investors in European equities continued to behave like first time swimmers: they only wanted to enter the water wearing a life vest. Despite tentative signs of a global recovery, investors maintained a strong preference
