Funds
With ESG data now a hot commodity across the financial services sector, hedge funds and other asset managers must dig deeper into company metrics to gain an edge, as the industry continues to grapple with a lack of consistent standardisation of sustainability scoring.
Investors poured more than USD7 billion of new capital into hedge funds globally in October, the strongest capital inflows recorded in more than a decade for what is a traditionally quiet month for industry coffers – but there are warnings that new allocations are becoming concentrated in a small handful of funds and strategies.
Quantamental active asset manager Stouff Capital has doubled its assets under management over the past twelve months, and is aiming to launch a new global macro absolute return fund in Q1 2022.
During an extraordinary period of market turbulence, Stouff Capital exceeded its performance goal during the three years since its inception. The Geneva-based investment business generated a net performance of 25 per cent with volatility of one-third the market level. The strategy was able to take advantage of two significant falls in the market thanks to an asymmetric return profile.
Due to its responsiveness, the approach has been particularly
Integral, ahas technology company in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms of USD50.6 billion in November 2021.
This represents an increase of +0.2 per cent compared to October 2021 and an increase of +5.9 per cent compared to the same period in 2020.
Integral’s global trading network has been designed to meet the trading needs of the widest variety of buy-side FX market participants, including banks, brokers, asset managers, and hedge funds.
Mount Yale Capital Group, through its wholly-owned subsidiary Princeton Fund Advisors, has launched Alpha Intelligent (AI) ETFs – actively managed funds that combine Mount Yale’s manager research and selection capabilities with big data analytics and powerful machine learning.
These funds are based on Ensemble Active Management (EAM), which uses artificial intelligence techniques and predictive analytics of Ensemble Methods that have been utilised within other industries.
Mount Yale has already launched Alpha Intelligent SMAs, and with the launch of these new ETFs, AI ETFs become available on many of the largest investment platforms. This results in over 100,000 individual advisors having
BTIG, this year’s winner of Best Prime Broker – Start-Up & Emerging Managers, onboarded and supported a record number of new clients this year, many of whom launched funds in the last few months, made valuable introductions through the BTIG Capital Introduction team and saw a strong uptick in clients utilising BTIG’s Outsource Trading team to execute trades on their behalf.
Fund and corporate services provider, the Aztec Group, has formed an alliance with the global sustainability platform, Worldfavor, to launch new ESG and Sustainability Services for private market investment managers.
The alliance will offer Aztec Group clients the ability to better understand the impact of their business operations and investment decisions across environmental, social and governmental factors. Using specialist sustainability technology, investment managers will be able to report on the sustainability of their businesses and their underlying investments, meeting the requirements of a wide range of recognised sustainability frameworks and regulations.
“Sustainability transparency is fast becoming one of the key
CTAs and trend-following hedge funds have seen their recent advance halted, as anxieties over the new Omicron variant of Covid-19 punctured market momentum towards the end of last month.
Sycamore Tree Capital Partners (Sycamore Tree), an asset manager specialising in private and alternative credit investments, has closed its inaugural collateralised loan obligation (CLO), Sycamore Tree CLO 2021-1, Ltd (STCP CLO 1).
The CLO totals USD403.3 million, with Citibank Securities serving as the underwriter and Dechert LLP acting as legal counsel to Sycamore Tree.
STCP CLO 1 has a five-year investment period and invests in an actively managed portfolio of syndicated loans issued by US companies across a broad range of industries. It is co-managed by Scott Farrell and Paul Travers, industry veterans and Managing Directors at Sycamore Tree. STCP
STP Investment Services (STP) has acquired third-party fund administrator Tower Fund Services (Tower).
