Funds
The Quantology Absolute Return fund (U-USD shares) was up +2.0% in June while the Nasdaq-100 TR lost 8.9% and the S&P 500 was down 8.3%.
The Coast Capital Engaged Fund advanced 3.3% in Q2 despite market turmoil that saw a 16% drop in both the S&P 500 and MSCI Europe indices.
Altana Wealth has launched a new Digital Assets Fund that will invest in Blockchain Technology across a wide spectrum of sectors.
The London and Monaco based fund manager is one of the pioneers in crypto investing. Altana launched its Digital Currency Fund (ADCF), the first cryptocurrency fund in Europe, in May 2014 which has returned 7000% since inception. In January 2017 it launched Altana Specialty Finance (ASF), which loans USD to crypto traders and has never had a down month.
The Altana Digital Assets Fund (ADAF) invests in early-stage Blockchain projects that are largely inaccessible through traditional equity investments allowing
An improvement in global investor sentiment towards China and Hong Kong has prompted Avantua Group, the family office created by a member of Hong Kong’s third-richest family, to launch its first hedge fund, according to a report by the South China Morning Post.
The report cites managing director Xu Has as revealing that the firm is targeting $50 million for the new long-short fund with 80 per cent coming from outside investors and the remaining 20 per cent from Avantua.
The firm, which was founded in 2019 by Adrian Cheng Chi-kong of New World Development and currently manages $2 billion
BNP Paribas has marked the fourth anniversary of the THEAM Quant Dispersion US fund one of its suite of systematic and alternative strategies, providing liquid exposure to a broad range of asset classes.
The fund aims to offer a long-run low to negative correlation to US equities by benefitting from the rise in single-stock volatility relative to a reference index. It does this through a long position in the volatility of a selection of the largest US stocks in the S&P 500, and at the same time, shorting the volatility of the index itself.
The fund aims to generate
The Scotiabank Canadian Hedge Fund Index ended May 2022, down -1.73% month-on-month on an asset-weighted basis and down -2.03% month-on-month on an equal-weighted basis.
The comparable benchmark indices were both up slightly for the month, with the S&P TSX 60 Total Return Index and S&P 500 Total Return Index posting increases of 0.15% and 0.18% respectively.
The index, which includes open and closed funds with a minimum AUM of C$15 million and a 12-month track record, that are managed by Canadian-domiciled managers, is now down 2% YTD
The Scotiabank Canadian Hedge Fund Index provides a comprehensive overview of the Canadian
New hedge fund launches have jumped to the highest level since Q1 2021 and reached the second highest quarter since Q4 2017 as the HFRI 500 Macro Index surged through global inflation-induced financial market volatility, according to the latest HFR Market Microstructure Report.
New hedge fund launches increased to 185 in Q1 2022, jumping from 113 in Q4 2021, representing the highest launch rate since 189 new funds launched in Q1 of last year, and the second-highest quarter since 190 funds launched in Q4 2017. In the trailing 12 months ending Q1 2022, an estimated 610 total new hedge funds
The biotechnology sector has become a hunting ground for hedge funds on the look out for bargain stocks, according to a report by The Financial Times.
After a sharp selloff which has seen a Nasdaq index of biotech stocks shed almost a third of its value since hitting an all-time high in August last year, managers are betting that the sector now provides investment opportunities.
The report says that some managers believe that biotech stock have fallen too far when drug development prospects are taken into consideration and are “buying up stocks on the cheap”.
London-based Infinity Investment Parters, which
Activist hedge fund Cannell Capital has acquired close to a 13% stake in medical device company Neuronetics, according to a report by the Philadelphia Business Journal, and is now seeking a seat on the company’s board.
SphereInvest Group (SphereInvest), privately-owned, specialist Investment Management company, has marked the 10-year anniversary of its Global Credit Strategies Fund, which commenced trading on 2 July 2012.
Over the last decade, the Global Credit Strategies Fund has consistently outperformed peers, delivering a Sharpe of 1.3 since inception and has been recognised for its strong, risk adjusted performance, being nominated for a number of industry awards.
The fund is a dynamically traded, unconstrained and opportunistic fixed income fund, which invests across a globally diversified, high conviction portfolio of corporate bonds and, at times, short-duration US Treasuries.
Managed since inception by
