Funds of hedge funds generated an average gain of 4.2 per cent during the first six months of the year, outflanking long/short equity hedge funds and convertible arbitrage strategies, with larger portfolios pulling ahead of the pack as bigger proved
Over the past four years, high-net-worth investors have shown a preference for multi-strat specialists, as allocators search for hedge fund strategies capable of better controlling risks and locking-in returns.
Man GLG, the discretionary investing unit of London-listed global alternative investment giant Man Group, has launched a new sustainability-focused long/short equity hedge fund which will trade across regions and sectors with a positive ESG bias. The Man GLG RI Global
OptionMetrics, an options database and analytics provider for institutional investors and academic researchers worldwide, has launched IvyDB Borrow Rate offering insights on the options-implied costs of short-selling individual securities computed intraday across maturities. The new dataset gives institutional investors and
Currency-focused investment manager Millennium Global Investments has launched a new systematic long/short currency hedge fund strategy to tap into burgeoning demand for non-correlated returns in what it calls a “favourable” investment environment.
Hedge funds betting against easyJet saw their short positions boosted on Thursday as the low-cost airline’s share price took a sharp nosedive after it rejected a takeover bid.
Brummer & Partners’ flagship multi-strategy vehicle slipped into the red during August, with all but two of its underlying managers posting losses during the month. The slide comes as the Stockholm-based fund began allocating capital to Kersley Financials, a new
Hedge funds betting against Sainsbury’s have been left counting the cost of their negative wagers this week after the FTSE 100-listed supermarket giant saw its share price rocket on the back of fresh takeover rumours. BlackRock Investment Management, Marshall Wace,
French systematic long/short equity hedge fund Quantology Capital Management’s flagship fund suffered its third consecutive down month in July.
“Net long-bias with teeth” is how Paul Wick, lead portfolio manager of the sector-specialist Seligman Tech Spectrum, describes the strategy’s positioning in the market.
