Funds
Emerging Asset Management Ltd (EAM), a provider of turnkey solutions for alternative fund launches, has reached the milestone of USD1 billion in assets under management (AUM).
EAM provides the services required to support managers investing alternative asset classes so that they can focus their time and resources on their trading strategies and build a successful record of accomplishment.
EAM’s clients include new and established, small to medium sized fund managers looking to start an alternative investment fund (including hedge funds, private equity, property, commodities funds) and/or launch new funds. EAM serves both onshore US and offshore jurisdictions, guiding clients
The “private debt” bucket within the fund industry has seen tremendous growth, opportunity, and evolution over the last few years, with no signs of slowing down. The definition and composition of the private debt space has expanded in both breadth and depth, which has led to exciting operational considerations.
Private debt is used as a broad term for all non-listed debt and credit portfolios. “It is a resilient asset class due to its diverse make-up and ability to remain relevant and attractive to investors during all market cycles,” says Jorge Hendrickson, Chief Revenue Officer at Opus Fund Services.
For context,
The complexity of how private debt funds are structured and managed is increasing. Cost and expenses related to private debt funds are also becoming more intricate. Newly launches, in particular, need to identify where to keep their expenses low and use their budget in ways to help maximise their output.
“As managers move into new asset classes, they need an accounting system to handle them. In cases where the client is still building their fund, they may need to hire additional staff to manage multiple accounting solutions, which comes at a cost,” highlights Aani Nerlekar (pictured), Director, Solutions Consulting at
By Scott Turley (pictured), Broadridge Financial Solutions – Private debt is expected to be one of the few asset-class winners of the Covid-19 crisis. As institutional investors struggle to obtain decent returns due to low interest rates and irrationally priced equity markets, many are turning to private debt managers to improve performance.
By A Paris – Competition has been ramping up in the private debt arena as more managers chase fewer transactions globally. This is paving the way for consolidation in the space as some of the more aggressive players may stumble, having taken on too much risk, and the larger lenders look for solid acquisition targets among the more cautious groups.
Private debt is expected to be one of the fastest growing asset classes over the next five years. According to The Future of Alternatives 2025, a report by Preqin, assets under management (AuM) in private debt will increase at a compound annual
Redhedge Asset Management has launched a new relative value hedge fund focusing on European investment-grade credit markets, tapping into increased demand from institutional investors.
The Redhedge Relative Value UCITS strategy fuses quantitative and qualitative investment processes, and aims to offer returns decorrelated from broader financial markets.
The fund, managed by CEO and CIO Andrea Seminara, and Voon Kiat Lai, senior portfolio manager, will use fundamental analysis to zero in on credit market dislocations.
Seminara said the UCITS fund will offer institutional investors, such as pension funds and family offices that cannot invest in non-UCITS, access to a market-neutral, low-volatility and
The European Power Exchange EPEX SPOT and its clearing house European Commodity Clearing (ECC) have launched a Day-Ahead market in Poland, extending their offering in Central Europe.
This was enabled through the Polish Multi-NEMO Arrangement (MNA) implemented on 9 February.
On the first day, 1,347 MWh were traded on the Polish Day-Ahead market of EPEX SPOT.
“The extension of our Day-Ahead offering to Poland, one of Europe’s largest electricity markets, provides clear advantages for our members” says Ralph Danielski, Chief Executive Officer of EPEX SPOT. “Our customers active in Poland will benefit from the same robust systems and efficient interfaces
The increasing democratisation of stock trading – and the growing impact of social media in market movements – is likely here to stay following last month’s GameStop frenzy, which could bring sweeping changes to the way hedge funds build short positions amid volatility surges.
Man Group, the London-listed global investment group which manages a range of hedge fund products, said the events of late last month suggest the retail genie is “now out of the bottle”, and compared GameStop traders to Trump supporters who attacked the US capitol building.
As a result of the GameStop saga, which played out on
The healthcare sector can expect a “reasonably stable political environment” this year, according to healthcare-focused specialist hedge fund Rhenman & Partners Asset Management, whose buoyant stance comes after its flagship strategy finished last month in positive territory.
The firm’s flagship Rhenman Healthcare Equity Long/Short hedge fund rose 1.32 per cent in its main euro share class last month, as its SEK-denominated tranche grew 1.81 per cent.
The strategy – which trades a range of small, medium and large pharmaceuticals, biotechnology, medical technology and service company stocks – was able to generate profits across three of its four main areas of
Is the convergence of liquid and illiquid alternatives really in the best interests of investors?
Is the convergence of liquid and illiquid alternatives really in the best interests of investors?