Funds
Global macro hedge funds remain well-placed to benefit from investment themes arising from fragmented recoveries and diverging macroeconomic policies in the coming months – despite recent slim returns and allocator outflows over the summer.
Macro strategies have advanced 7.82 per cent so far in 2021, according to data provider BarclayHedge, after managers posted a narrow gain of 0.19 per cent in July. In comparison, the broader Barclay Hedge Fund Index – which measures average industry performance across strategy classes – has risen almost 9 per cent year-to-date, BarclayHedge said this week.
Macro managers take long and short positions across a
Options, a provider of cloud-enabled managed services to the global capital markets, has partnered with Quercus Technology Group, enabling cloud and application optimisation services for industry leading Tier 1 electronic trading applications and Capital Markets solutions.
The partnership creates a unique offering that combines domain knowledge and subject matter expertise across fully managed, cloud agnostic environments and application specific configuration, customisation and optimisation. The resulting solution is one specifically designed to drive value through reduced time to market, minimised total cost of ownership and maximised return on investment.
Options’ Senior Vice President, Tim Yockel, says: “We’ve been providing the financial
Managed futures hedge funds ended July in positive territory, with cryptocurrency-based strategies fuelling the rise, new data published by BarclayHedge shows.
The Barclay CTA Index, which tracks the performance of more than 400 commodity trading advisors and managed futures hedge funds, added 0.37 per cent last month, and has now advanced some 4.91 per cent in the seven-month period since the start of 2021.
All trend-following sub-sectors ended July in the black, with Ben Crawford, head of research at BarclayHedge, observing how the managed futures industry withstood rising uncertainty “admirably” during a bumpy July.
“Despite concerns over the Covid-19 Delta
After the GameStop/Reddit short squeeze saga dealt bruising losses to several hedge funds, and global stock markets continue to be shaken by the ongoing Covid-19 pandemic, the Equities section is set to be one of the most closely-watched categories at this year’s Hedgeweek Americas Awards.
The month of June was characterised by a positive trend on the stock markets, with the S&P 500 registering a rather strong performance (2.33 per cent), its fifth consecutive month of profits, leading to 15 per cent cumulative increase since the beginning of the year.
Market implied volatility decreased, for the fourth consecutive month, to 15.83 per cent, returning to the levels observed in 2019, before the coronavirus crisis. This value is also much lower than its long-term average performance (around 21 per cent).
On the bond market, a mixed situation prevailed as regular bonds posted negative return (-0.30 per
CME Group, the world’s leading and most diverse derivatives marketplace, has announced that Micro WTI Crude Oil futures volume surpassed one million contracts on Friday, 6 August, 2021.
“Since launching just a month ago, we continue to see strong interest across the globe for our smaller-sized Micro WTI Crude Oil contract,” says Peter Keavey, Global Head of Energy. “Our benchmark WTI futures have always been the market’s choice for managing crude oil exposure, and the uptick we are seeing in new customers utilising the Micro WTI Crude oil futures demonstrates the value in the robust transparency and price discovery that
Hedge funds’ nine-month consecutive run of positive returns has been halted, with managers ending last month in the red as market volatility and renewed uncertainty over the impact of coronavirus variants.
Hedge Fund Research’s main industry-wide benchmark, the HFR Fund Weighted Composite Index – which tracks the monthly returns of some 1400 single manager hedge funds across all strategy types – lost 0.60 per cent in July, its first down month since September 2020.
The dent means hedge funds have now returned 9.45 per cent gain since the start of 2021. Before last month, the industry’s January-to-June advance – a
The RM Targeted Investment Opportunities I strategy was launched in October 2020 by RM Funds to allow investors to capitalise on the market dislocation in real asset prices and listed securities created by the global health pandemic. Now closed, the strategy has returned 36.8 per cent to investors.
Hedge fund managers in Europe need to focus on building closer partnerships with investors by providing additional services, according to the latest issue of The Cerulli Edge—Global Edition.
Hedge fund managers have institutionalised their offerings in the past decade, but based on a survey by Cerulli Associates, there is a recognition of the importance of establishing strong ties with investors. More than half (58 per cent) of the managers Cerulli surveyed said that focusing on partnerships will be a very important priority over the next 24 months when distributing their hedge fund strategies.
“Although providing additional services will be challenging
Vistra has launch its Special Purpose Acquisition Companies (SPAC) service, which aims to provide a tailored proposition built around the key phases of a SPAC to address each stage of growth – beginning with an IPO through to de-SPACing and business growth.
Leveraging Vistra’s extensive expertise across multiple jurisdictions, sectors, and intermediary relationships, Vistra supports a wide range of SPAC scenarios. Vistra also provides leading entity expertise with over 200,000 entities under management, including Special Purpose Vehicles (SPVs).
“As we experience accelerated change across the business landscape globally, SPACs have picked up pace and continue to develop as an
