Funds
Average daily volumes (ADV) across Integral’s foreign exchange platforms totalled USD48.5 billion in December 2020. Read the full story at Institutional Asset Manager…
Paris-based systematic CTA specialist Metori Capital’s Lyxor Epsilon Global Trend Fund is building long positions across US and UK fixed income, US and Japanese equities, and in the euro at the start of 2021, having generated a strong annual double-digit gain last year amid extreme market conditions and record volatility.
The long-running managed futures strategy – which invests across equity indices, short-term rates, government bonds and currencies in both developed and emerging markets, using a hybrid investment style combining global macro and quant trend following – advanced 10.8 per cent annually in 2020, with 7.1 per cent volatility.
The fund’s assets
London-head-quartered asset management consultancy, MJ Hudson, has acquired fund and portfolio performance specialist PERACS. Read the full story at Institutional Asset Manager
Kempen Capital Management (Kempen) has launched a new Diversified Distressed Debt Pool to its range of alternative investment products, giving professional and retail investors cost-efficient access to the Distressed Debt market.Read the full story at Wealth Adviser…
New hedge fund launches increased to the highest level in five quarters in Q3 2020 on optimism in the US economy, as managers and investors positioned for acceleration of performance gains and capital growth into 2021, according to the latest HFR Market Microstructure Report, released today by HFR.
New hedge fund launches increased to an estimated 151 in Q3 2020, the highest quarterly launch total since 2Q19 and exceeded the estimated quarterly liquidations for the first time since 2Q18. Launches in the most recent quarter exceeded the 2Q estimate of 129 new funds, bringing the YTD 2020 launches to 364
Link Group is to acquire Casa4Funds from Banor Capital, subject to regulatory approval.
Read the full story at Institutional Asset Manager…
Digital asset data infrastructure company Brave New Coin has launched two new indices on the multi-currency spot and futures trading platform BTSE: the Maker Vault Index and the Blockchain Interoperability Index.
Both institutional-grade products were available on BTSE from 23 December, 2020 and will be made available on additional BNC partner exchanges in the near future.
Maker Protocol is one of the largest decentralised applications on the Ethereum blockchain, and is governed by MakerDAO, an open-source project and decentralised autonomous organisation created in 2014. Brave New Coin’s Maker Vault Index is a rules-based sector index designed to measure the growth
Deuterium Capital Management, a US based asset manager with circa USD1 billion AUM, has acquired Jupiter Asset Management’s Global Dynamic Allocation team for an undisclosed sum.
The acquisition includes the entire Global Dynamic Allocation team, along with the associated intellectual property, including software and analytics. Deuterium will launch a new fund in January 2021, which will be aligned with the existing investment strategy.
Lead fund manager and head of global asset allocation, John Ricciardi, and portfolio manager, Dan Matthews, will join Deuterium and have more than four decades experience delivering outperformance in dynamic allocation investing. They will be joined by
Privium Fund Management BV is to launch the SAVIN Multi-Strategy Arbitrage Fund (SAVIN), which will focus on equity arbitrage strategies and volatility trading, in February 2021 having already received commitments in excess of EUR20 million (USD24 million).
The Fund’s objective is to achieve an average annual return of 8 per cent, net of fees, with a low volatility and low correlation to equity markets. To achieve this, the strategy of the Fund is to employ complementary arbitrage strategies, striving for positive returns regardless of market conditions or general market direction.
The SAVIN portfolio management team will be formed by