PEGAS, the pan-European gas trading platform operated by Powernext, has reported its strongest spot volumes in February 2018 with 112.4 TWh (previous record: 95.7 TWh in December 2017). Extreme weather conditions in the later part of the month helped bring
The Lyxor Hedge Fund Index was up 1 per cent last week, with Event-Driven strategies outperforming, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team. Merger Arbitrage funds benefitted from their top M&A positions. Long positions on
Timothy Graf, head of macro strategy for EMEA at State Street Global Markets; Antoine Lesné, head of EMEA strategy and research for SPDR ETFs; and Elliot Hentov, head of policy and research – official institutions for EMEA at State Street
Lighthouse Investment Partners is to acquire substantially all of the assets of Mesirow Advanced Strategies (MAS) multi-manager hedge fund division. A significant portion of the MAS team is expected to join Lighthouse as part of the transition and will continue
PenderFund Capital Management (Pender) is to acquire the investment fund management contracts for five investment funds managed by Vertex One – the Vertex Value Fund, Vertex Enhanced Income Fund and Vertex Growth Fund, which are offered publicly pursuant to a
Fiera Capital Corporation is to acquire Clearwater Capital Partners (Clearwater), an Asia-focused credit and special situations investment firm. Headquartered in Hong Kong, Clearwater is a privately held employee-owned asset manager with USD1.4 billion in assets under management. Clearwater’s assets will
The European Energy Exchange (EEX) achieved a total volume of 274.3 TWh on its power derivatives markets in February, is a year-on-year increase of 37 per cent (February 2017: 200.8 TWh). In doing so, EEX was able to grow its
Hedge funds were unable to build on the previous month’s inflows in June with the industry moving back into net redemption territory with USD12.2 billion in outflows for the month. June redemptions, which represented 0.4 per cent of industry assets,
Investors withdrew another USD8.42 billion from the global hedge fund industry in July, according to the July 2019 eVestment Hedge Fund Asset Flows Report. But strong performance in the industry continues to boost overall industry assets under management (AUM), which
SALI Fund Management, a specialist in the creation and administration of Insurance Dedicated Funds (IDFs), has secured a growth capital investment from affiliates of Long Ridge Equity Partners LLC. Proceeds from the financing will be used to further invest in
