Australian hedge funds rose marginally by 0.09 per cent in October, bringing their year-to-date performance to 14.85 per cent, according to Australian Fund Monitors. Hedge funds performed less well than the previous month, when they rose by 2.20 per cent.
The Varus Fund has achieved performance of 39 per cent, which represents a CAGR of 11.6 per cent, since inception on 1 September 2009, with 6.6 per cent volatility and a correlation of 0.2 to DAX 30 and Eurostoxx 50.
Although managed futures lost 0.77 per cent in October assets under management have increased significantly in recent months, according to the Barclay CTA Index compiled by BarclayHedge. “Even though the Barclay CTA Index is down 0.66 per cent in 2009,
Managed futures lost 0.33 per cent in August, according to the Barclay CTA Index compiled by BarclayHedge. The index remains up 1.34 per cent year to date. “Continuation of the three-month uptrends in equity and commodity markets generated profits for
The Central Bank of Luxembourg is sponsoring LuxCSD for a key role in the establishment of the new Global Legal Entity Identifier (LEI) System which global regulators hope will bolster the safety of the financial system. As part of the
Hedge funds lost 0.44% in April, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index remains up 5.05% year-to-date. “Equity markets in the US, Europe, and Japan traded lower on the month, giving back some of their
CME Group is to launch deliverable interest rate swap futures contracts on 13 November 2012. The new product complements CME Group’s interest rate futures and options business, and its cleared over-the-counter interest rate swap solution. The contracts will be listed
BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group, has signed a definitive agreement with Greenwich, Connecticut-based Paloma Securities to hire its global securities lending team and acquire assets used in its securities lending business. Paloma
Cyrus Capital Partners has extended its enhanced USD250m offer to finance Ion Media Networks’ exit from bankruptcy protection. The Cyrus offer, which was summarily rejected by the Ion Networks’ board, provides Ion with USD100m of additional incremental capital not offered
The Dutch Hedge Fund Index ended April 1.12% lower – more than the DB (-0.24%) and Lyxor Hedge Fund Indices (-0.02%) for the month but still positive for the year (+2.29% Ytd). April’s performance is a result of the weighting
