The hedge fund industry turned in a fourth consecutive positive month in July as stock markets’ continued strong performance contributed to a 2.76 per cent return, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop
PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 150.3 TWh in July 2017, which represents an increase of 75 per cent compared to the previous year (July 2016: 86.1 TWh). Growth in volumes was
The European Energy Exchange (EEX) and IncubEx are teaming up in a bid to build and improve liquidity in environmental and other related contracts. In this framework, the partners aim to increase the number of active participants at the exchange
Alternative investment specialist Investcorp has agreed to acquire the debt management business of 3i (3iDM) from UK-based 3i Group for GBP222 million (approximately USD271 million). The deal will see Investcorp’s assets under management (AUM) increase by USD12 billion to approximately
Optima Fund Management, a hedge funds and hedge fund investment firm, has been awarded prestigious awards by two major industry groups. First, Optima Fund Management won the ‘Best Specialist Fund of Hedge Funds’ category at the Hedgeweek USA Awards 2017
Paul-Georges Moucan, Portfolio Manager at hedge fund Quadra Capital Partners, comments on China’s September activity data… China’s September activity data was largely in line with market expectations but in our view showed tentative signs of momentum losing steam. Low global
Quantumrock, the Munich-based AI investment technology firm, has announced its fifth month of strong performance for its flagship strategy Volatility Special Opportunities Program (VSOP).Up 37.02 per cent for the year, and by 0.63 per cent for the month, VSOP has
The Castlewood Select Funds flagship fund, the Castlewood Select Opportunity Fund, posted a 3.2 per cent return net of fees and expenses for the third-quarter 2017, its fourteenth consecutive monthly gain. Mark Wittenstein (pictured), Managing Partner of the Castlewood Select
Risk assets were again on the rise in July and several asset classes broke records. Last week, the S&P 500 reached an all-time high, while the spot VIX index reached an all-time low. The MSCI World (net total return local currency index)
Adjusted profit before tax (PBT) at Man Group was USD145 million for teh first six months of 2017, an increase of 38 per cent on the H1 2016 figure of USD98 million, according to the company’s latest interim results. Funds under management
