Funds
EEX Group’s Global Power volume amounted to 772 TWh (+45 per cent y-o-y). Volumes increased after many traders returned from an extended summer break to observe increasing levels of volatility on the world markets.
European Power Derivatives exceeded the mark of 500 TWh which is the highest monthly volume in this year and an y-o-y increase of +44 per cent.
New monthly records in German (+57 per cent), Nordic (+104 per cent) and Greek Power Futures (+ 1,388 per cent) also resulting from daily records.
Greek Power Futures recorded 7 TWh traded this year which more than double the 2020
LibreMax Capital (LibreMax), an asset management firm specialising in structured products and corporate credit, has successfully closed its fifth drawdown vehicle, LibreMax Structured Opportunities Partners I, with total capital commitments of approximately USD225 million.
The Structured Opportunities Fund will target investments that have unconventional asset pools or are created in less liquid forms. The Fund will focus primarily on private asset-backed securities across the consumer, residential and commercial credit sectors.
Greg Lippmann, Chief Investment Officer of LibreMax, says: “In today’s environment, we believe private lending affords an attractive opportunity to generate uncorrelated returns. Leveraging our market relationships, asset expertise and
Brevan Howard, the high-profile global macro hedge fund firm co-founded by Alan Howard, has taken a minority stake in 1543 Capital, an alternative credit and structured finance-focused investment manager, as part of a new strategic partnership.
The “explosive” upward price movements in energy markets are helping power performance among machine-based hedge funds this year, as CTAs and trend-following strategies successfully lock onto strong price signals.
Stamford Associates, a relatively small and selective London-based investment advisor, has occupied an influential niche in the UK’s investment space for over 30 years. This influence is not necessarily a result of its ability to predict investment trends, nor a taste for the esoteric.
Hedge funds’ confidence continues to rise, with managers across the UK, Europe and Asia all bullish on their business prospects heading into the final quarter of the year, a key industry sentiment index shows.
Integral, a technology company in the foreign exchange market, has reported average daily volumes (ADV) across Integral platforms of USD44.9 billion in September 2021.
This represents an increase of +1.6 per cent compared to August 2021 and an increase of +9.5 per cent compared to the same period in 2020.
Reported ADV represents volumes traded across the group’s entire liquidity network, including TrueFXTM and Integral OCXTM, in aggregate.
Integral’s global trading network has been designed to meet the execution needs of the widest variety of FX market participants, including banks, brokers, asset managers, and hedge funds. Our clients leverage the
If any jurisdiction can claim to be the home of the global fund industry, it is Luxembourg. The Grand Duchy is the second largest investment fund centre worldwide and the first in Europe, with an 8.8 per cent global market share in 2020 and is a prime location for alternative investment funds.
Yves Cheret, managing director of fund administration in CSC’s Luxembourg office comments: “I think that, over time, the investment fund business in Luxembourg will become known as the US is known.”
Luxembourg’s attraction for fund managers is based on its political, financial, and political stability which fosters a
Visitors to Luxembourg are often surprised and pleased to discover that public transport is free. Step onto a tram in Luxembourg city, and there is no conductor to pay, and no machine to stamp tickets.
In a drive to tackle traffic congestion and emissions, last year the Grand Duchy introduced a new policy where no charge exists for using the trains, trams and buses that criss-cross the small country sandwiched between Germany, France and Belgium.
The policy is an attractive perk for its 602,000 residents, 175,000 cross-border workers and 1.2 million annual tourists.
It’s also emblematic of something else: Luxembourg’s
By Dr Marcus Peter & Irina Stoliarova – 2020 was a challenging year for the Luxembourg funds market. Despite a strong start in January and February, the Covid-19 pandemic caused a slowdown to fund set-up and net asset developments due to valuation issues and travel restrictions. However, it should be noted that the Luxembourg investment fund industry remained robust given the market regained growth starting mid-2020 and continuing into the third quarter of 2021.
This positive development was driven predominantly by increasing net assets and incoming new commitments to the fund vehicles. Net assets under management in Luxembourg investment funds
