Funds
Barry Goodman, co-CEO of quantitative investment manager Millburn Ridgefield Corporation, outlines how the firm is aiming to build on its successful 50-year track record with a new strategy that includes exposure to global, Chinese and thematic commodity markets. And as ever, a combination of human experience and the ‘power of the machine’ will be key…
The European Energy Exchange (EEX) reported a new record volume on its European Gas Spot markets in first half 2021 with 860.3 TWh traded, up 20 per cent compared to the same period last year (H1 2020: 718.5 TWh). This performance was driven by unprecedented volumes on the German NCG (+40 per cent to 177.3 TWh) and GASPOOL market areas (+32 per cent to 117.0 TWh) as well as on the French PEG hub (+29 per cent to 99.3 TWh). The French hub has been growing every month, boosted by a strong demand in France.
The Austrian CEGH VTP and
Bybit, hitherto the world’s largest derivatives-only cryptocurrency exchange, has expanded into the crypto spot trading market.
Oxane Partners (Oxane), a technology-driven solutions provider to private markets, has expanded the coverage of its solutions to cater to a wider range of credit asset classes.
Read the full story at Private Equity Wire…
Hedge funds are continuing to pile on bets against Cineworld, with the beleaguered global movie theatre chain – whose share price tumbled again this week – now the most-shorted, UK-listed stock.
Around 7.5 per cent of Cineworld’s stock is held short by six investment managers, according to new analysis from New York-based ETP provider GraniteShares. New Holland Capital has taken the largest bearish bet, holding 2.42 per cent of the company’s shares.
FCA regulatory disclosures also show Polygon Global Partners holds 1.23 per cent of Cineworld’s stock short and Whitebox Advisors holds 1.19 per cent, with Adelphi, AHL Partners, and
Last month, most carbon markets experienced strong performance, with the EUA market rising 9 per cent and the CCA and RGGI markets gaining 10.8 per cent and 7.5 per cent respectively while the newly launched UK carbon market lost 4 per cent in June after making a strong debut in May.
Brazilian hedge funds are providing attractive risk-adjusted return for domestic investors, with a 23.38 per cent one-year return, according to research published by Preqin, the global leader in alternative assets data, tools and insights.
Preqin analysed the data of 349 Brazilian hedge funds it is currently tracking, crowning Verde Asset Management as the top Brazilian hedge fund firm by asset under management (AUM), followed by SPX Capital, Itau Asset Management, Kapitalo Investimentos and Legacy Capital.
Equity strategies, which make up the bulk of the hedge funds in Brazil with 41.74 per cent, had cumulative returns over three-years of 16.25
The global hedge fund business returned +0.18 per cent in June, bringing year to date (YTD) performance for the industry to +9.22 per cent, the best first half performance since 2009, according to the just-released eVestment June 2021 hedge fund performance data.
“This year’s performance is impressive by an even longer measure, as in the last 20 years H1 returns have only been near or better than 2021’s three other times, in 2000, 2003 and 2009,” says eVestment Global Head of Research Peter Laurelli.
Hedge fund performance in June continued a streak of good news for the industry, which
Arcesium, a global financial technology and professional services firm, has partnered with Snowflake, the Data Cloud company. This partnership will serve as Arcesium’s foundational database designed to extend its data platform capabilities.
Hedge funds are in a buoyant mood heading into the second half of the year, boosted by impressive Q2 performances and increased capital inflows, according to a key industry confidence metric.
The latest Hedge Fund Confidence Index – published jointly by the Alternative Investment Management Association, Simmons & Simmons and Seward & Kissel – shows industry optimism continued to grow in the second quarter of 2021, having earlier surged 40 per cent in Q1.
The data shows hedge funds’ optimism for the coming 12 months is now at “the highest it has been for many years”, AIMA, Simmons & Simmons
