Funds
ACA Compliance Group has launched a specialist global environmental, social, and governance (ESG) advisory practice.
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RegEd has acquired the ComplianceMAX and FIRE Continuing Education businesses from National Regulatory Services (NRS), a provider of compliance and registration products and services for investment advisers, broker-dealers, hedge funds, investment companies and insurance institutions.
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As more hedge funds pile into cryptocurrencies, market inefficiencies and price dispersion are bringing fresh arbitrage opportunities for managers.
Bitcoin’s sustained rally over the past year saw the cryptocurrency roar to a record high of more than USD41,000 in early 2021, with many investors increasingly using it as a hedge against falling real yields and inflation risks stemming from central bank quantitative easing.
But as more hedge fund managers join the digital asset arena, running a range of discretionary and quantitative strategies, the potential for alpha generation “will likely moderate” in the coming months and years, said senior Lyxor Asset
Switzerland-headquartered global asset manager GAM, which is home to Cambridge-based quantitative hedge fund unit GAM Systematic, is set to post a CHF380 million (USD426.4 million) loss in its full-year 2020 results published next month.
The loss stems mainly from a CHF377.7 million impairment charge announced in its first half results published last August, which relates to legacy goodwill resulting from the acquisition of GAM by Julius Baer in 2005 and UBS in 1999.
GAM will also report an underlying loss before tax of around CHF15 million (USD16.8 million), compared to a CHF10.5 million (USD11.7 million) underlying profit for the full
Apex Group (Apex) has launched Invest Check, a tool to help financial market participants collect the necessary data to report on and comply with the upcoming EU Sustainable Finance Disclosure Regulation (EU SFDR).
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AI-driven investment manager Quantumrock’s flagship strategy, the Volatility Special Opportunities Program (VSOP), closed 2020 up 30.93 per cent, its best year of performance since 2016.
After November’s momentum change, stocks continued their rally in December due to the Covid-19 vaccine releases and reliefs, and the US Congress making progress on the new fiscal stimulus bill. The S&P 500 closed the month of December up 3.2 per cent, while Treasuries remained flat.
In 2020, both the alpha generating overlay as well as the beta portfolio of VSOP performed exceptionally well. The overlay contributed +23.62 per cent and the beta portfolio
Quantile Technologies (Quantile), a provider of portfolio optimisation services for hedge funds and other financial institutional engaged in OTC derivative transactions, has secured a USD51 million (GBP38 million) minority investment from Spectrum EquityRead the full story at Private Equity Wire…
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2020 measured 3.70 per cent.Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index meanwhile, declined 1.67 per cent in January.
“SS&C GlobeOp’s Capital Movement Index for January 2021 of -1.67 per cent reflects net outflows, as is typical, based on normal seasonality. On a comparative basis, it is noteworthy that the -1.67 per cent represents lower outflows than the -2.11 per cent reported a year ago and is also the lowest net outflow for any month of January since 2012,” says Bill
Elementum Advisors, an alternative investment manager specialising in collateralised natural catastrophe event reinsurance investments, has launched a new mandate with a large institutional investor focused on collateralised reinsurance investments (CRI) with a higher risk and return profile.
The hedge fund industry posted a second consecutive positive month in December, returning 3.29 per cent according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P 500 Total Return Index was up 3.84 per cent in December.For the year, the hedge fund industry gained 10.95 per cent in 2020, its third double-digit annual return in the past four years. The S&P 500 Total Return Index was up 18.40 per cent over the 12 months.
Thirty of the 31 sectors tracked by the Barclay Hedge Fund Indices posted gains in December, the
