Funds
By Robert Quartly-Janeiro – There is a lot of talk about ESG. It dominates column inches and pitch decks at levels unimaginable only a decade ago. The need for companies to adopt and integrate ESG is imperative if environmental issues – the hardest and most important component – are to be resolved in the coming decades and a mass extinction avoided.
ICA, a Paris-based fintech that helps help banks, financial institutions, hedge funds and asset managers tackle their data challenges, at scale, has rebranded as Opensee.
Read the full story at Institutional Asset Manager…
The SS&C GlobeOp Forward Redemption Indicator for March 2021 measured 2.49 per cent, up from 2.37 per cent in February.
“SS&C GlobeOp’s Forward Redemption Indicator of 2.49 per cent for March 2021 reflects a favourable level of redemptions compared to the 3.11 per cent reported for March 2020, as well as compared to longer-term averages,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
“In fact, the 2.49 per cent level of redemptions for March 2021 marks the ninth consecutive month of improved year-over-year comparisons. The strong trend in hedge fund asset retention observed throughout the past year remains firmly
Founded in 2015 by David Meneret (above left), a former Macquarie senior portfolio manager and structured credit specialist of almost 20 years, New York-based credit hedge fund Mill Hill Capital believes the current market landscape offers fertile ground for its market neutral, relative value investment style.
By Don A Steinbrugge, Agecroft Partners – The hedge fund industry is dynamic, comprising of numerous strategies that attract varying degrees of interest over time.
Stockholm-based Brummer & Partners’ flagship multi-strategy fund has dipped into negative territory in recent weeks according to mid-month estimates for March, with long/short equity losses offsetting gains made by other strategies.
The Brummer Multi-Strategy (BMS) vehicle’s SEK class fell 1.1 per cent during the first two weeks of March, reversing February’s 3.2 per cent advance to leave its year-to-date return at 1.2 per cent.
At the same time, the twice-levered BMS 2xL version of the fund, which climbed 6.4 per cent last month, has fallen 2.2 per cent so far this month, Brummer said on Wednesday. It remains up 2.2
Tyr Capital, a specialist cryptocurrency hedge fund, has integrated with Copper, a London-based digital asset infrastructure provider.
Investors placing funds with Tyr will be guaranteed greater security by Copper’s proprietary technology, which reinforces sophisticated internal processes with further protection against human error, fraud, or theft.
Copper’s walled garden solution creates an ecosystem that makes it impossible for fund administrators to steal funds, while mitigating against wallet keys going missing or being forgotten. Tyr is embracing Copper’s key sharding solution, which is becoming widely recognised as best practice amongst digital asset owners.
Rather than producing a single key that
Industrial metals and bulk materials stand to gain from the nascent post-Covid economic recovery according to metals and mining-focused hedge fund Delbrook Capital, while precious metals trades – an investor favourite during market uncertainty – could be starting to run out of steam.
Managed futures funds posted a positive month in February gaining 1.76 per cent, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions.
For the year to date, CTAs returned 1.68 per cent through the end of February.
“Signs of economic recovery coupled with the prospects for passage of a $1.9 trillion covid relief bill in the US Senate fed investor hopes and prompted gains in equity and commodity markets,” says Sol Waksman, president of BarclayHedge. “Global stock indices rose to new all-time highs, crude oil and copper made multi-year highs and the uptrend in crop
Hedge funds’ bearish bets against Cineworld suffered a dent this week as shares in the beleaguered London-listed global cinema chain – a long-standing target of short sellers – surged more than 9 per cent.
