Funds
CME Group has launched what it says is the derivatives industry’s first-ever Sustainable Clearing service to help market participants track and report on how their hedging activities are advancing their sustainability goals.
The recent surge in natural gas prices is helping to generate eye-catching returns for Drury Capital, the long-running US trend-following hedge fund firm led by former grain trader Bernard Drury.
Launched in October 2019, the tailored product managed by alternatives provider SYZ Capital, in partnership with Banca March has reached the symbolic milestone of EUR200 million of assets under management – effectively doubling in a year.
The fund has also made, since its October 2019 inception, an annualised return of 5.4 per cent while enjoying an exceptional 1.3 Sharpe ratio, leading its peer group.
Managed by a team led by veteran fund manager Cédric Vuignier, head of liquid alternative managed funds, OYSTER BM Alternativos invests in select equity hedge, event driven, macro and relative value strategies with the aim of
Apex Group Ltd (Apex), a global financial services provider, has launched a Carbon Footprint Assessment & Reporting service to meet growing market demand.
The new offering helps funds and companies to measure the sources of emissions, implement plans to reduce their carbon footprint and provide a mechanism to offset any residual emissions.
The launch coincides with new global research by Apex which found that 91 per cent of private equity leaders believe that Climate Change is an urgent issue, and 81 per cent agree that they and their portfolio companies should take greater responsibility for their carbon footprint.
Montréal Exchange (MX), Canada’s derivatives exchange, has launched the next phase of its extended trading hours initiative, offering investors in the Asia Pacific region the opportunity to manage their exposure to Canadian markets and execute cross-market strategies in their local time, almost 24 hours a day.
“We are extremely excited to launch this new phase of MX’s globalisation strategy, as we continue to push the evolution of our markets and address the increasing global demand for Canadian derivatives,” says Luc Fortin, President and Chief Executive Officer of MX and Global Head of Trading, TMX Group. “In keeping with the trend
Nippon Active Value, a Japan-focused activist fund strategy, has pushed through a management buyout of Sakai Ovex, a Fukui-based dye and textiles company, following an almost year-long engagement campaign, generating a 102.5 per cent return on the position.
Nippon Active Value, which is advised by Rising Sun Management, realised more than double its original investment in Sakai Ovex as a result of the buyout, which is the first and only example this year of a public company in Japan engaged by activists being taken private.
“The untapped value of the business was something we identified immediately and the valuation of
Benefit Street Partners (BSP), a credit-focused alternative asset management firm and a wholly owned subsidiary of Franklin Resources, and Malk Partners (Malk), an adviser to private markets on ESG and impact investing, have published a co-authored white paper detailing environmental, social, and corporate governance (ESG) integration and considerations in the private credit investment process.
EJF Capital, which invests long-only and long/short in both equities and credit across the financial services spectrum, believes it is well-placed to navigate the evolving investment landscape, as inflation looms large over markets and the European Central Bank begins winding down its emergency bond-buying pandemic support programme.
Altana Wealth, the credit, currency and special situations-focused hedge fund led by former Trafalgar Asset Managers co-founder Lee Robinson, is circling the restructuring and consolidation opportunities arising from the rebound in demand for oil and gas post-Covid.
Apex Group Ltd has entered into a joint venture with VCP Advisors, a provider of financial, advisory and capital raising services for corporate and fund manager clients.
VCP Advisors works with companies as well as closed-ended and open-ended funds across the private equity, private credit, venture capital, infrastructure, real estate and hedge fund asset classes, to provide advisory, capital raising and restructuring services to the institutional and family office investor community.
As part of this strategic partnership, VCP Advisors will re-brand as Apex VCP, enabling clients to benefit from VCP’s impressive track record in alternative asset management advisory, in
