Funds
The SS&C GlobeOp Forward Redemption Indicator for April 2022 measured 1.48%, down from 1.92% in March.
“SS&C GlobeOp’s Forward Redemption Indicator for April 2022 of 1.48% reflects a decline in redemption notices compared with the 2.07% reported for the same period a year ago,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “In fact, the 1.48% reported for April 2022 is the lowest redemption rate for any month of April since the inception of the Forward Redemption Indicator in 2008. This historically low level of redemptions suggests investors are confident hedge fund managers can generate favourable risk-adjusted returns
Hedonova, an alternative assets hedge fund, has invested $3 million in the ALTS 1 Fund, the latest fund from the alternative investment management firm, Alts.
The new partnership provides Hedonova’s investors with access to the ALTS 1 fund’s ten asset classes, which include collectibles and culture, cryptos and NFTs, fine art, music rights, specialty real estate, wine and whiskey, and sneakers.
Hedonova is a hedge fund that champions accessibility and its partnership with ALTS 1 marks Hedonova’s latest efforts to make investing convenient, accessible and diversified. Hedonova currently offers investors access to over twelve alternative asset classes through a single
MSCI Inc has questioned the hedge fund industry’s assertion that short-selling is an effective strategy to implement environmental, social and governance investing, according to a report by Bloomberg.
Rumi Mahmood, vice president of ESG and climate fund research at MSCI is quoted as saying that there is no evidence to support the claim that shorting a company with a poor ESG record will raise it’s cost of capital and that, in fact, short-selling goes against the grain when attempting to align investor interests with good corporate conduct due to a lack of transparency.
Mahmood said that due to “enhanced scrutiny
Preqin has published its Q1 2022 Hedge Fund Quarterly Report which shows hedge funds were affected by geopolitical factors and turmoil in the markets, posting lower returns during the quarter compared to their strong performance in 2021.
Blockchain startup IO Investment Academy is launching the first DeFi NFT project based on fractional investment which will help small investors to gain access to a large blockchain-focused hedge fund that had a return rate of over 300% in 2021.
This new project is introducing fractional investment into the blockchain world to change the landscape of traditional investments and business-minded focus groups.
By pooling capital through their NFTs sale, they allow small investors who can’t meet the minimum thresholds to have access to a large blockchain-focused hedge fund.
IO Investment Academy invest 80% of the funds raised from the NFTs
Maples and Calder (Ireland) LLP, the Maples Group’s law firm, has advised the first Irish regulated funds to be granted permission by the Central Bank of Ireland (CBI) to take exposure to crypto-assets.
The approval will enable two Qualifying Investor AIFs (a category of alternative investment fund which is restricted to professional investors) to obtain indirect exposure to bitcoin, by acquiring cash-settled bitcoin futures which are traded on the Chicago Mercantile Exchange.
This is the first approval of its kind since the CBI published guidance in August 2021 which opened the door to the possibility of Qualifying Investor AIFs
The BFAM Asian Opportunities fund is down almost 10% so far in 2022 on the back of a 6.2% fall in March due to bets on China credit and the Russian ruble, according to a report by Bloomberg.
The Qunatologuy Absolute Return Fund fund was down -2.1% in March as the Nasdaq 100 and S&P 500 posted a solid v-shaped rebound, according to data release by Auatology Capital Management.
With the most severe obstacles to businesses imposed by the pandemic beginning to ease, both hedge fund investors and managers showed marked signs of confidence in alternative investments in 2021, according to The Seward & Kissel New Hedge Fund Study, an annual study of newly launched hedge funds.
Equity neutral hedge funds provide their ability to weather economic headwinds in Q1 with the HFRI EH: Equity Market Neutral index posting a 0.4% return for the first quarter, according to a report by Pensions & Investments.
