Funds
Assured Capital Partners’ Balanced Growth Fund had another extraordinary year in 2020, despite the coronavirus pandemic, narrowly missing out on surpassing a 40 per cent return for the third time in the fund’s existence.
According to hedge fund database service EurekaHedge, the fund has now returned over 376 per cent since inception as of the end of 2020 and the firm is positive on the outlook for the year ahead, despite the ongoing economic disruption caused by the Covid-19 crisis.
Assured Capital writes: “In early 2021 there’s nearly USD5 trillion sitting on the sidelines at the moment. That’s about a
AcadiaSoft, a provider of risk and collateral management services for the derivatives community, has acquired capital markets consulting and software company Quaternion.
Read the full story at Institutional Asset Manager…
The European Power Spot markets, operated by EPEX SPOT, increased by 3 per cent to 54.7 TWh in January, according to the latest data released by EEX.
The increase was driven by a strong performance in both the Intraday (+2 per cent to 10.3 TWh) and the Day-Ahead markets (+3 per cent to 44.5 TWh) which also achieved a number of new records. Notably, the French Day-Ahead reported a new high of 11.8 TWh (previous record in March 2020: 11.7 TWh).
In European Power Derivatives, the Swiss (1.2 TWh), Nordic (766.3 GWh) and UK (251.4 GWh) markets reported triple-digit growth.
Man FRM is optimistic on what it describes as an “unusually large” spectrum of hedge fund strategies amid a growing medley of investment opportunities and themes arising from the fledgling economic recovery.
In its Q1 strategy outlook published on Thursday, Man Group’s funds-of-funds unit spelled out how a spring economic recovery, coupled with dovish central bank stances and ongoing fiscal support, will help sustain and extend the market rally, particularly in equities.
That, in turn, will likely strengthen the hand of a range of hedge fund strategies including credit, equity long/short, macro and relative value, during the first quarter.
Stronger
During the last quarter of 2020, Cyprus-regulated hedge fund ARK36 D delivered more than 118 per cent return on investment, focusing exclusively on the bitcoin and cryptocurrency asset markets.
This was the fund’s first operating quarter since launch in October 2020. Additionally, ARK36 has seen a fourfold increase in investors in that period and has delivered more than 50 per cent returns since the start of the new year.
The fund’s Danish management, including Ulrik Lykke, Mikkel Mөrch, Jacob Skaaning, and Marck Bertelsen, believes that the potential of cryptocurrencies as an asset class will continue to grow over time and is
Hedge funds have lost some USD325 million betting against FTSE 100 names over the past month, with retail investors driving shorted stocks higher as the GameStop effect reached UK shores.
Stockholm-based hedge fund manager Brummer & Partners saw its flagship multi-strategy fund dip slightly into negative territory last month.
The Brummer Multi-Strategy (BMS) vehicle slipped 0.8 per cent in its SEK class, and 0.9 per cent in the USD class, in January, while the twice-levered Brummer Multi-Strategy 2xL version of the fund lost 1.7 per cent in both SEK and USD tranches.
Brummer said on Wednesday that equities and bond yields ticked upwards in early January, buoyed by the prospect of further stimulus from the new Biden administration – but appetite soon soured in the second half of the month
Cairn Capital Group (Cairn Capital), supported by Mediobanca as its majority shareholder, is to acquire and merge with Bybrook Capital (Bybrook), a specialist distressed credit manager based in London.
Read the full story at Private Equity Wire…
MackeyRMS, a provider of SaaS-based research management software, and InsiderScore, a provider of actionable data and analytics on publicly traded US companies, have announced a strategic merger to create a ‘best-of-breed’ investment and research management data, analytics, and software platform.
As dust settles on GameStop carnage, hedge funds ponder lasting impact of ‘Reddit raid’ on short selling
As dust settles on GameStop carnage, hedge funds ponder lasting impact of ‘Reddit raid’ on short selling