Funds
Variety Capital has opened an Irish domiciled UCITS investment platform with a fund managed by CKC Capital, an experienced US credit investment team.
The fund has launched with investments from UK and European institutional investors.
The fund aims to replicate the performance of CKC Capital LLC’s flagship fund, CKC Credit Opportunity Master Fund Ltd, launched in 2013 which follows the same strategy and has returned positive performance for 102 out of 103 months since inception.
Graham Loughridge, CEO of Variety Capital, says: “I am very pleased to have launched the Variety Capital ICAV with CKC Capital managing our first fund,
XP Inc, a provider of low-fee financial products and services in Brazil, has acquired a minority stake in Vista Capital, one of the main independent equity and hedge funds managers in Brazil, with over BRZ4.5 billion in Assets Under Management (AUM).
This transaction reinforces XP’s strategy to develop the most complete ecosystem of managers and distributors in Brazil.
Additionally, the development of independent asset managers meets XP’s strategy by contributing to an increase in secondary market liquidity, helping to democratise investment products to more Brazilians.
Vista has a solid performance track record in hedge funds and equity funds, with its
Oaktree Capital Management (Oaktree) has held the final close of Oaktree Opportunities Fund XI and its related vehicles (Opps XI), with total capital commitments of USD15.9 billion.
Opps XI is Oaktree’s largest fund to date, exceeding its original target of USD15 billion.
To date, the Fund has invested or committed to invest approximately 70 per cent of its capital in an attractive mix of opportunities that are diversified across geographies, sectors and asset classes. This swift pace of investment has been made possible by the strategy’s all-weather, broad, and flexible investment charter that allows the Opportunities group to consider
CME Group’s Micro E-mini Equity Index futures and options have surpassed one billion contracts traded across all four indices.
Micro E-mini Equity Index futures became available for trading across four US indices – S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average – in May of 2019, with Micro E-mini options available on Micro E-mini S&P 500 and Nasdaq-100 futures contracts in August of 2020.
“At just two-and-a-half years old, Micro E-mini Equity Index futures and options have become among the most actively traded equity index products at CME Group, enabling clients to manage risk in our highly liquid
The European Energy Exchange (EEX) is extending the sell-off calendar for the national Emissions Trading System (nEHS) in coordination with the German Environment Agency to include additional dates in December 2021.
This provides regulated companies under the nEHS with further opportunities to purchase national emission certificates (nEHS certificates, abbreviated to nEZ at the EEX) at a price of EUR25 before the end of 2021.
The additional sell-off dates for 2021 will be held on the 9, 14 and 16 December respectively with the sell-off window taking place between 9.30 am to 3.30 pm CET.
The reason for the 2021 extension
Hedge funds are ramping up their negative positions against Hargreaves Lansdown, with the UK retail-focused investment and advisory firm now the most shorted stock among FTSE 100 names, new market data from Ortex Analytics shows.
A new study from bfinance, the independent investment consultancy, has revealed that institutional asset management fees have fallen significantly in a number of asset classes – particularly certain ESG or Impact strategy types.
The global hedge fund business started the fourth quarter of 2021 on a high note, with aggregate industry performance at +1.88 per cent in October and just over 70 per cent of funds reporting to eVestment seeing positive results for the month, according to the just-released October 2021 eVestment hedge fund performance data.
Year to date (YTD) performance for the hedge fund industry stands at +10.86 per cent, very close to surpassing the +11.07 per cent aggregate return the industry posted in 2020.
Commodity-focused funds continue to be among the strongest performing segments of the hedge fund business, with
FLX Distribution – a Resource and Asset Management Platform (RAMP) delivering on-demand distribution for asset managers, wealth management firms, and financial advisors – has announced seven new additions to its offering including hedge funds 180 Degree Capital Corp and Advocate Capital Management.
Ranging in size, asset class and business needs, the seven new managers underscore the breadth of the services and capabilities the FLX platform offers.
“This new group of managers reflects both the need and trust from the industry in our purpose-built platform that aims to drive a more flexible, scalable, and accessible distribution experience for all participants.
The hedge fund industry shook off September’s swoon in October, posting a 1.68 per cent return for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.
