Funds
The European Power Exchange (EPEX SPOT), European Energy Exchange (EEX) and European Commodity Clearing (ECC) plan to jointly launch a pan-European market for Guarantees of Origin (GOs) as part of EEX Group’s ongoing efforts to support the energy transition with market-based instruments.
The planned GOs spot auctions will be held once a month and operated by EPEX SPOT, Europe’s leading power spot exchange, under the exchange’s membership and market rules. Clearing and settlement will be conducted by the clearing house ECC and EEX will ensure delivery through its French GO registry. The launch of the new trading products is envisaged
The hard-won, if only tacit recognition of crypto as an asset class, is rippling across the financial industry. Crypto’s new status brings with it the requirement for trading, clearing, settlement and custody of digital assets, and nowhere is this need more pressing than in the hedge fund space.
Hedge fund industry assets continued to grow in September with USD10.2 billion in monthly inflows. September’s inflows represented an increase of 0.22 per cent of industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
As sustainable investing has gathered pace in recent years, asset allocation, position reporting and other regulatory and client disclosures at various stages of the investment process have all been impacted by the rise of ESG factors in portfolios.
Portal Asset Management, sponsor of the Portal Digital Fund, a global fund of digital asset hedge funds, has launched the Horizon Index Fund, which is targeted at family offices, sophisticated and institutional investors seeking passive, broad market exposure to the digital currency space.
The Portal Digital Fund, ranked third in the global Multi-Advisor section of the BarclayHedge Alternative Investment Rankings for 2020, was also ranked by Preqin as the No1 Fund of Hedge Funds in Asia Pacific in H1 2021, and has been operating since early 2020.
The Horizon Index Fund (the Fund) is a portal for investors to receive
Long/short equity-focused hedge funds are offloading or short-selling stocks that are most exposed to tighter Covid-19 restrictions, against a backdrop of surging coronavirus infections in Europe and heightening concerns surrounding the new Omicron variant.
With Covid-19 cases rising across Europe – and Germany, Denmark and Austria recently reintroducing tighter restrictions – equities-focused managers in the US and Europe have cut both their net and gross exposures in recent weeks, now converging near their long-term lows, Lyxor Asset Management observed in its latest Cross Asset Research commentary.
Stock markets fell sharply towards the end of last week following the emergence of the
The Cooper Creek Partners North America Long/Short Equity UCITS Fund, which launched on Waystone’s MontLake UCITS Platform on 12 November 2018, marked its third UCITS anniversary this month, November 2021.
Since inception to October-end 2021, the fund has produced +23.24 per cent total return, +7.21 per cent annualised return with a low average net exposure and a 0.15 correlation to the MSCI World Index.
The fund’s low net exposure and focus on under-the-radar and unloved stocks within the small and mid-cap space in North America has enabled the fund to successfully navigate the volatile Covid-19 crisis months (up +4 per
Golding Capital Partners, a European independent asset managers for alternative investments, is combining all of its ESG functions into a new position filled by Christian Schütz, who will be the central liaison officer for implementing the company’s ambitious sustainability goals both internally and with regard to its investments.
3D Investment Partners, one of Toshiba’s largest shareholders, has sent a letter to the Strategic Review Committee (the SRC) and the Board of Directors (the Board) of Toshiba Corporation (Toshiba or the Company) (6502.T).
In the letter, 3D indicates that it believes the SRC’s review of strategic alternatives was incomplete and inadequate and calls upon the SRC and the Board to perform a fully informed, objective review of all of Toshiba’s strategic alternatives.
3D noted that it does not believe that the SRC’s plan to split Toshiba into three different companies is optimal or likely to create value for Toshiba’s
The Royal Bank of Canada’s specialist fixed income manager, BlueBay Asset Management (BlueBay), has launched its latest ESG-focused strategy.
The BlueBay Total Return Diversified Credit ESG Fund enables fixed income investors to gain an exposure to the firms ‘best ideas’ through an ESG lens across global high yield, bank loans, financial capital bonds, structured credit, Convertible bonds, emerging markets and developed market investment grade.
The new Luxembourg SIF fund, which is categorised under Article 8 of the Sustainable Finance Disclosure Regulation (SFDR), will focus on using BlueBay’s proprietary ESG research to identify and avoid investments with excessive ESG risks. The
