The surge in appetite for ESG-themed trades could be leading investors to ignore investment fundamentals – potentially fuelling a ‘90s-style tech bubble, RWC Partners has warned. The increase in awareness of climate change has prompted allocators to pile into ESG-positive
Short-selling strategies of all stripes seem set to soar amid the ongoing market mayhem which has seen global equities take a pounding following renewed coronavirus fears. The S&P 500 was down almost 5 per cent at one point on Monday
Equity markets have merely sneezed in response to the coronavirus (Covid-19) and while there is uncertainty over how much fear has been priced in, as infection numbers continue to rise, hedge funds have navigated developments with discipline and a modest
US assets continue to draw international flows, predominantly from Japan, but the level of support may not be sustainable to keep the dollar strong, according to new research by contrarian hedge fund Horseman Capital. In a note this week, Russell
Investors’ bias towards momentum risk is making trend-following hedge fund strategies particularly sensitive to investor inflows, amid a recent spike in market volatility. Lyxor Asset Management observed how future flows hinge predominantly on the cumulative performance of alternative strategies over
Fears over the coronavirus outbreak will drive volatility in global markets for some time, according to BlueBay Asset Management, which suggested re-orientating portfolios away from cyclicals and towards duration and carry. Emerging markets has seen a particular squeeze over the
Convertible bond arbitrage strategies may hold half of the reported short positions in Tesla, as short bets against the electric carmaker remain resilient despite its market value roaring past USD150 billion this week.
Hedge funds are continuing to offload exposures that face a potential hit from the effects of the coronavirus, as Lyxor Asset Management forecasts a “transitory economic impact” from the deadly outbreak. As fatalities from the virus rose to 425, and
The European Energy Exchange (EEX) will extend its global power product suite by offering Trade Registration services for the Japanese Power Derivatives market. The Go-Live date (18 May 2020), was announced in Tokyo as part of the EEX Group Japan Power
The European Energy Exchange (EEX) has published the calendar for the auctioning of EU aviation emission allowances (EUAA) for 2018 in coordination with the European Commission and the participating member states as well as with the competent German and Polish
