Event driven managers, particularly those running merger arbitrage and special situations strategies, powered hedge funds’ performance in January, as the industry overcame retail investor-driven stock volatility to finish the month in the black.
Hedge funds made more than USD1 billion from short positions in FTSE 100 companies during October’s stock market volatility, as managers capitalised on renewed uncertainty over the coronavirus pandemic and heightened fears of a no-deal Brexit. Short sellers generated GBP828
The European Energy Exchange (EEX) and the Croatian Power Exchange (CROPEX) have signed an agreement to jointly develop a power derivatives market for Croatia. Since launching in 2014, CROPEX, the local Power Exchange in Croatia, has actively grown its spot
The SSW Group, which carries out proprietary trading in the asset classes of equities, ETPs and bonds, has launched a flagship private cryptocurrency fund as part of its expanding digital asset offering. The fund is managed in Gibraltar by SSW
There is growing familiarity with Dutch hedge fund structures among investors which has been driving the jurisdiction’s fortunes as a continental alternative to Luxembourg and Ireland. Service providers in Amsterdam are welcoming this progress while also being discerning in their
Marshall Wace, the long-running high-profile hedge fund set up by Sir Paul Marshall and Ian Wace, has taken a 3 per cent share in IAG, the owner of British Airways, Iberia, and Aer Lingus, in a reported bargain swoop for
By A Paris – The outlook for growth in the Amsterdam financial services industry is optimistic, driven by the Brexit fallout, an increased need for political stability and access to a diversified support eco-system which can help alternative asset managers thrive.
A spike in market volatility led CTAs and other managed futures hedge funds to hand back their initial early-year returns last month, as gains in commodities and bonds were outweighed by losses in currencies and equity indices. Though two out
Japan’s macroeconomic backdrop is strengthening alpha-generating opportunities for hedge funds, with a growing number of newly-launched Japanese equity strategies looking to capitalise on a kaleidoscopic range of stockpicking ideas arising from market-friendly structural reforms, a pick-up in economic momentum, improving
The co-ordinated billion-dollar raid on hedge funds’ short positions in GameStop by amateur traders represents another risk management factor in a battalion of emerging challenges that now confront managers’ portfolios, industry participants say.
