Funds
As hedge funds continue to ride out cryptocurrencies’ volatility, new industry research suggests larger institutional investors remain reluctant to pile into digital assets in any meaningful sense, despite the strong returns generated by managers this year.
Marblegate Asset Management (Marblegate), an alternative investment firm that invests in credit opportunities and special situations, has partnered with Investcorp’s Strategic Capital Group (ISCG). Terms of the transaction have not been disclosed.
Global hedge fund industry assets are surging to record levels.
New data published by BarclayHedge shows total industry assets have now mushroomed to USD4.4 trillion, with hedge funds raking in USD18.3 billion of new inflows from allocators during July, as managers scored a USD7.3 billion trading profit for the month.
Hedge funds have now recorded a fifth consecutive month of positive investor flows, after allocators poured in USD16.6 billion in June, USD36 billion in May, USD23.3 billion in April and USD19.1 billion in March, according to the Barclay Fund Flow Indicator.
In the 12-month period to the end of July,
Quant Insight (Qi), a new quantitative financial market analytics and trading insights provider, has announced a major scale up after four years of research and development and over USD10 million in funding from three investment rounds.
The company, which has offices in London, New York and Limassol, has clients with total Assets Under Management (AUM) of over USD2.5 trillion incorporating Qi’s analytics in their investment process. It is led by experienced macro hedge fund portfolio managers and leading academics in machine learning and signal extraction from Cambridge, Harvard and Princeton, in addition to best-in-class data engineers.
Quant Insight’s AI-based
Northern Trust is to take an equity stake in Essentia Analytics, a provider of behavioural analytics and consulting services.
The addition of Essentia behavioural analytics solutions is an extension of Northern Trust Whole Office, a strategy that facilitates client access to new technologies, services and solutions across the investment lifecycle.
“We continue to pursue a strategy that combines Northern Trust’s global architecture with innovative partners like Essentia to help clients maximise the value of their data and optimsze investment performance,” says Pete Cherecwich, President of Corporate & Institutional Services at Northern Trust. “Essentia’s next generation data analytics technology allows
Quadratic Capital Management, an innovative asset management firm, today announced the launch of the Quadratic Deflation ETF (NYSE Arca: BNDD).
Edge Focus, a technology company that applies machine learning and artificial intelligence to analyse credit, has entered into a strategic partnership with prominent hedge fund Brevan Howard and global quantitative trading firm DRW.
“I cannot think of two better complementary partners to enable us to accomplish our ambitious goals while using our technology to lower the cost of capital for millions of borrowers,” says Elliott Lorenz, co-founder and CEO of Edge Focus.
“We are delighted to partner with Edge Focus, whom we view as an exciting and innovative manager in the field of consumer credit,” says Aron Landy, CEO of
Man GLG, the discretionary investing unit of London-listed global alternative investment giant Man Group, has launched a new sustainability-focused long/short equity hedge fund which will trade across regions and sectors with a positive ESG bias.
The Man GLG RI Global Sustainable Growth Alternative UCITS strategy – which is classified as an Article 8 product under the EU’s Sustainable Finance Disclosures Regulation (SFDR) – is targeting absolute returns. It takes a positive ESG bias in global markets, combining a high-conviction long portfolio of 25-45 stocks with a short book designed to hedge market and factor risk. The short portfolio also aims
JTC has acquired Ballybunion Capital Limited (Ballybunion), a boutique asset manager based in Ireland. The initial consideration will be settled in cash and JTC equity. A further deferred consideration is available on the achievement of performance targets in the current year.
Founded in 2009, the Ballybunion provides management and regulatory oversight services to investment funds and offers ManCo services as an Alternative Investment Fund Manager (AIFM) as well as portfolio management and risk management solutions.
Ballybunion has a strong reputation and its solutions based service offering has focused on the premium end of the market, covering both alternative and traditional
OptionMetrics, an options database and analytics provider for institutional investors and academic researchers worldwide, has launched IvyDB Borrow Rate offering insights on the options-implied costs of short-selling individual securities computed intraday across maturities.
The new dataset gives institutional investors and academia valuable information to pinpoint short-selling pressure, analyse dynamic borrowing conditions, and improve research on short-selling positions.
Announcement of this new product comes as interest in short-selling (or borrowing shares of a stock to sell with hopes to buy it back cheaper) continues to grow, with GameStop and other meme stocks hitting trading highs earlier this year as just one
