Funds
The SS&C GlobeOp Forward Redemption Indicator for April 2021 measured 2.07 per cent, down from 2.49 per cent in March.
“SS&C GlobeOp’s Forward Redemption Indicator of 2.07 per cent for April 2020 continues a positive trend which now includes ten consecutive months of lower year-over-year redemptions,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “The 2.07 per cent reported for the indicator compares favourably to the 3.02 per cent reported a year ago and is also the second lowest calendar month of April since the Forward Redemption Indicator’s inception in 2006.
“Asset retention for the hedge fund industry
Global hedge fund industry assets swelled to a new record high of USD3.8 trillion in the first three months of 2021, as managers recorded their strongest quarter since 2000 and investors duly poured more capital into a broad selection of strategy types, with the biggest hedge funds still taking the largest slice of client money.
RepRisk: Best ESG Solution Provider – It’s a very exciting time to be working in the field of ESG. The industry has recently experienced a sea change in sentiment and it is now accepted that having a risk-focused approach and looking beyond company disclosures are key elements of ESG investing.
“Risk management is in our DNA. It may only be one part of ESG, but it is an essential part. This has been our approach since the beginning – and we believe it’s the best way to generate meaningful, actionable ESG signals,” Alexandra Mihailescu Cichon (pictured), Executive Vice President Sales and
Waystone: Best Offshore Regulatory & Compliance Firm and Best UCITS Platform – The DMS Group and MontLake, now jointly known as Waystone, are delighted to have been recognised with European Hedgeweek awards with DMS announced as the winner of the Best Regulatory & Compliance Firm category and MontLake taking the Best UCITS Platform award.
“2020 proved to be a pivotal year for the MontLake UCITS Platform,” commented Richard Day (pictured), Global Head of Product at Waystone, “the strength of the platform infrastructure, our focus on investor servicing and a high touch operating model assisted managers and investors with navigating through an incredibly
Switzerland-headquartered global asset manager GAM, home to Cambridge-based quantitative hedge fund unit GAM Systematic, saw its assets under management drop to CHF35.5 billion in Q1, down from CHF35.9 billion at the start of 2021, as its embattled systematic business also shed assets during the three-month period.
GAM Systematic – which earlier managed a range of quantitative hedge fund and long-only investment strategies that span equities, debt and multi-asset classes – recorded net outflows totalling CHF400 million, though FX and other market movements added CHF300 million, the group said in a statement on Wednesday morning.
That brought systematic assets to CHF2.8 billion
EEX Groups sales revenue increased by 5 per cent in 2020 to a record EUR320.1 million (2019: EUR304.2 million).
This performance was mainly driven by volume increases in the European power derivatives markets, the environmental markets in Europe and North America as well as the the global dry freight market. In addition to considerable growth in its core markets, EEX Group further extended its reach in Asia with the successful launch of Japanese Power Futures.
Peter Reitz, Chief Executive Officer, says: “2020 was the most successful year in the history of EEX Group and a year in which we achieved
Hedge funds and asset managers must design portfolios to successfully weather volatile markets, and “invest heavily” in technology, rather than focus on predicting the next downturn, says Man Group chief investment officer Sandy Rattray.
Global macro hedge fund Arete Capital Partners is tilting towards shorter-duration assets amid an evolving rate environment which carries far-reaching consequences for inflation and the cost of capital.
The US’s semi-transparent ETF structure arrived in the sector early last year, with a bit of a fanfare, as American Century successfully launched two ETFs using Precidian Investments’ ActiveShares methodology.
Managed futures funds turned in a second consecutive monthly gain in March returning 0.32 per cent, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions.
For the year to date, CTAs returned 2.29 per cent through March.
“A strengthening US dollar and a continuing uptrend in equity markets helped fuel CTA gains in March. The USD1.9 trillion Covid Relief bill fed deficit concerns and ignited a rise in US interest rates which, in turn, sparked appeal in USD carry trades against negative yielding currencies,” says Sol Waksman, president of BarclayHedge.
All but two of the
