Funds
Joint Bookrunner and sole Green Coordinator Natixis has successfully placed the landmark Lion III Re DAC Notes Green Catastrophe Bond. The EUR200 million bond was well-received with a final pricing of 350 bps and was oversubscribed. The transaction is sponsored by Assicurazioni Generali SpA (Generali) and represents its first-ever green catastrophe bond.
Read the full story at Institutional Asset Manager…
MJ Hudson, the specialist service provider to the asset management industry, has acquired risk management and reporting automation specialist, Clarus Risk (Clarus).
This acquisition follows the December 2020 acquisition of fund performance analytics firm, PERACS. The acquisition further extends the data & analytics services provided by MJ Hudson to its clients.
Clarus operates chiefly in the RegTech area of the FinTech sector and was named to the RegTech100 in September of last year. The current AUM of products on its platform totals cGBP10 billion.
Founded in 2011, the team is led by Max Hilton, a quant finance expert and former
ThirdYear Capital’s ART Global Macro Fund, a macro hedge fund strategy which fuses quantitative and fundamental investing, has doubled its assets less than a year after launching, with the firm looking to capitalise on prevailing high valuations and interest rate and inflation risks.
The absolute return macro fund, which was launched by ThirdYear alongside distribution partner Agathon Capital in August 2020, has seen assets rise to EUR47 million (USD56.2 million) within its first 10 months.
The strategy uses short-term economic forecasts to identify historical cause-and-effect chains in real time, and anticipate their impact on financial markets.
Specifically, it trades a range of liquid and exchange-traded
ESG Investing, a multi-media platform devoted to ESG and sustainable investing, has launched Greenlight, an accreditation service for ESG funds and products.
Read the full story at Institutional Asset Manager…
AIR Asset Management, a hedge fund management firm focused on longevity-linked investments such as life settlements and annuities, has announced that the AIR US Life Fund II strategy has exceeded USD160 million in assets under management.
The strong increase in the strategy’s assets has helped to fuel AIRAM’s rapid pace of growth as a firm. Despite the challenging environment over the last 18 months, AIRAM has been able to increase assets under management to over USD430 million. The firm believes this is a testament to the value and stability they provide for their investors.
“With high stock market valuations and
Hedge funds are on track to comfortably outperform their 2020 showing this year, with strong strategy returns and continued capital inflows boosting industry coffers to almost USD3.6 trillion in the run-up to 2021’s midway point.
ATIF Holdings Limited (Nasdaq: ATIF), a holding group providing business and financial consulting in Asia and North America, has announced that its newly launched ATIF-1 Hedge Fund has received USD1 million subscription through President and Chairman of the Board, Jun Liu’s investment.
The subscription is a firm expression of Liu Jun’s support and endorsement of the fund’s management team and his belief that ATIF-1 Hedge Fund will provide investors with substantial returns in the future.
Headquartered in Los Angeles, California, AATIF is a holding group with asset management, investment holding and online financial information business with overseas business centres in
Brummer & Partners, the long-running Swedish multi-strategy hedge fund firm, is withdrawing its investment in Observatory, one of the underlying funds in the flagship Brummer Multi-Strategy (BMS) vehicle.
BMS has allocated capital to Observatory – a trading-oriented long/short corporate credit-focused hedge fund – since January 2010. Brummer’s decision to redeem its entire investment comes despite Observatory, which launched in June 2004, currently hovering around an all-time high.
Commenting on the move, BMS portfolio manager Mikael Spångberg indicated that the strategy’s future-risk adjusted returns will likely fall short going forward. bservatory’s return since launch is 299 per cent, with an average
Net Inflows of USD23.3 billion in April signaled a continued vote of investor confidence in the hedge fund industry. This result represented an increase in industry AUM of .6 per cent on the month and built momentum on the previous month’s USD19.1 billion increase in assets, according to the Barclay Fund Flow Indicator published by BarclayHedge.
Industry trading profits exceeded USD55.5 billion in April and carried the industry’s aggregate AUM figure past the USD4.18 trillion mark.
“In the midst of a brightening economic outlook across the globe, it might be easy to miss the fact that hedge funds have delivered
After a benign catastrophe environment lasting several years, the insurance-linked securities market was tested by considerable losses following a number of natural disasters. While some investors may have been hit hard by these events, it gave others the opportunity to differentiate between ILS managers and their approaches.
