Funds
AI-based asset manager Quantumrock has proven that its flagship strategy, the Volatility Special Opportunities Program (VSOP), can make a positive contribution to earnings even in markets with low volatility.
Although the first half of 2021 was characterised by a bull market with low volatility, the VSOP strategy closed the last six months at +4.01 per cent.
Michael Zeller, CIO of Quantumrock, says: “At first glance what seems little compared to the S&P 500, is, if you look closer, a proof of the robustness of the VSOP strategy. It was designed as a hedge for volatile markets, but it shows
The hedge fund industry continued its winning ways in June, returning +0.88 per cent on the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.
This marks the eighth consecutive month of positive results for hedge funds. On a year-to-date basis, the Barclay Hedge Fund Index shows a compounded return of +8.99 per cent.
The majority of the hedge fund sub-sectors were also in positive territory in June. Perhaps the most notable of which was the Technology Index which rebounded emphatically from a modest loss in May with a +4.74 per cent return
Envestnet and iCapital Network1 (iCapital) have announced a strategic relationship to deliver access to curated UBS and iCapital alternative investment products through Envestnet’s platform. To power the initiative, Envestnet will launch the Alternatives Exchange, a new solution designed to provide these products to the firm’s clients, leveraging iCapital’s turnkey technology through single-sign-on access.
“UBS has a long history of partnering with leading technology companies, like Envestnet and iCapital, to help broaden the firm’s distribution network of its products and services,” says Tom Naratil, President Americas at UBS. “This strategic relationship will enable us to scale our product offering for investors
Join us on 2 December for Institutional Asset Manager, Hedgeweek and Private Equity Wire’s global summit as we analyse the key issues, changes and opportunities for fund managers, asset owners, intermediaries and advisors in the fast-evolving world of ESG and green investing.
Exchange Data International (EDI), a provider of global security corporate actions, pricing, and reference data services, has partnered with XTAL Strategies, with the aim of supporting XTAL’s new regulated private market benchmark initiative.
Read the full story at Institutional Asset Manager…
KLS Arete Macro, managed by Ocean Arete Limited from Hong Kong, is celebrating its three-year anniversary this month at the same time as reaching an important milestone with assets under management crossing USD1 billion.
Since the launch of the UCITS, the fund has annualised 8.1 per cent with a volatility of 5.8 per cent. This is consistent with the strategies long term track record of 10.3 per cent annualised return with a 7.3 per cent volatility and low correlation to traditional asset classes, proving to be a great alternative investment.
The KLS Arete Macro Fund launched in July of 2018
IS Prime has created a new spread index swap offering, allowing clients of the ISAM Capital Markets Group to trade indices and oil with variable spreads.
This latest development provides clients with even more competitive pricing and more accurately reflects the market conditions and available liquidity in these products. It is part of the Group’s broader strategy to launch a range of new products, adding further value to brokers, hedge funds and professional trader clients.
Barry Flanigan, Head of Distribution and Liquidity, IS Prime, says: “Traditionally, Liquidity Providers offer fixed spreads on indices and oil but we have seen
Trend-following hedge funds and CTA strategies have dipped slightly in recent days after ending the first half of the year in positive territory, Société Générale’s CTA indices show, but the sector is well-placed to capitalise on commodities and equities trends going forward.
SocGen’s main CTA Index – a daily performance barometer of 20 of the largest managed futures hedge funds’ returns – lost 1.14 per cent in the opening week of July, having earlier ended the first half of 2021 up 6.51 per cent. The benchmark remains up some 5.3 per cent since the start of January.
Similarly, the SG
Healthcare-focused equity hedge fund Rhenman & Partners scored a near-12 per cent return in the first six months of the year, as a number of correct calls in biotechnology and pharmaceuticals stocks drove gains in June.
REYL & Cie’s investment team has highlighted the strong performance of hedge funds over the past two years in the company’s latest Quarterly Compass investment update.
REYL & Cie says performance has been between 5 per cent and 11 per cent per annum, with all major strategies performing with a strong dependence on global equity markets, but with a low sensitivity (beta). Indeed, the correlation of the Global Hedge Index with the MSCI World has been around 90 per cent on a weekly basis over the last two years.
Despite these strong correlations and the very good performance of equities
