Funds
November looks like it could be a superb month for equity-focused hedge funds on the back of Biden’s presidential victory and the three Covid vaccine announcements. And with hedge funds up over 5 per cent YTD, November’s turbo boost could see 2020 ending on a high note.
Investor withdrawals from hedge funds are stacking up, with asset flows set to finish the year in negative territory “barring a holiday-season miracle”, eVestment warned on Thursday.
Stanhope Capital Group (Stanhope Capital) is to acquire FWM Holdings, a specialist in alternative assets which acquired New York-based hedge fund specialist Optima Fund Management in 2019.
Read the full story at Wealth Adviser…
Accelerate Financial Technologies (Accelerate) has launched what it says is Canada’s first alternative investment portfolio ETF, the Accelerate OneChoice Alternative Portfolio ETF (OneChoice), that will list on the Toronto Stock Exchange under the ticker ONEC.
Read the full story at ETF Express…
YRD Capital, the world’s first fund of funds (FoF) to focus on quantitative trading in crypto assets, has now accumulated three years of live track record.
This is longer than any of its peers, with an astonishing result of over 20 per cent net return to its investors over each year, even during the unprecedented Covid-19 crisis.
The milestone comes as the crypto industry continues to boom, with major events such as Bitcoin crossing the USDF17,000 valuation mark for the first time in three years, and major players such as Fidelity and PayPal adopting crypto assets.
YRD Capital
Three months of hedge fund inflows came to an abrupt halt at the end of the third quarter, as investors withdrew USD2.8 billion in September amid a surge in coronavirus cases and fears of renewed economic disruption, new data from BarclayHedge shows.
Despite September’s outflows – which represent 0.1 per cent of industry assets – as well as a trading loss of USD15.6 billion, global hedge fund assets grew to USD3.38 trillion at the end of September, up from USD3.36 trillion the previous month.
BarclayHedge’s data analysis of some 6,900 funds showed sector-specific hedge funds led the way, drawing USD2.3 billion
Cyprus-regulated cryptocurrency hedge fund ARK36 has partnered with the global virtual currency platform Coinify, which will provide institutional trading services for ARK36, ensuring best execution of orders across multiple trading venues.
ARK36 launched in October 2020 as an actively managed investment fund, focused on the cryptocurrency markets, delivering a risk-adjusted exposure to crypto-assets for professional investors. The fund is regulated as an Alternative Investment Fund with Limited Number of Persons (AIFLNP) authorised by the Cyprus Securities and Exchange Commission (CySEC). ARK36 has been ideally placed to capitalise on the latest surge in the value of Bitcoin and other cryptocurrencies, seen
Aikya Investment Management (Aikya), a specialist emerging markets investment firm based in London, has launched the Aikya Global Emerging Markets UCITS Fund.
The UCITS ICAV pooled fund (the Fund) will provide investors with exposure to large and mid-capitalisation equities in emerging economies, aiming to achieve a total return in excess of the MSCI Emerging Markets Index (USD).
Aikya portfolio manager, Ashish Swarup, believes that the long-term investment case for emerging markets remains compelling. However, it is not without risks, and therefore requires a proven investment philosophy that can navigate various market conditions. “As a team we have been investing in
Enfusion, a global cloud-native software-as-a-service (SaaS) has signed a record number of new fund manager clients so far in 2020, and onboarded new hires to support the increasing demand from institutional asset managers and hedge funds.Read the full story at Intsitutional Asset Manager
“Cause for concern”: Man Group sounds warning on risk appetite and positioning
“Cause for concern”: Man Group sounds warning on risk appetite and positioning