Funds
Central Park Group, an independent investment advisory firm delivering private clients access to institutional hedge fund, private equity, real estate and fund-of-funds talent, has launched CPG Cooper Square International Equity (NASDAQ: XCSIX), an international (ex-US) long/short equity fund created for qualified individuals and smaller institutional investors. Select Equity Group, a premier manager of long/short and long-only equity portfolios, serves as Sub-Adviser to CPG Cooper Square International Equity.
Founded in 1990 and managing over USD30 billion, Select Equity Group established its first dedicated international strategy, Cooper Square, in 2011. Select Equity Group’s fiercely independent research process and narrow focus on a
London-based energy hedge fund Westbeck Capital’s high-flying flagship strategy was brought back down to earth during a dismal October – but the oil-focused fund is staging a November fightback following news of a Covid-19 vaccine breakthrough.
The Westbeck Energy Opportunity Fund slipped 10.8 per cent last month – its second double-digit loss in as many months, having suffered a 15 per cent slide in September – after most oil equities were hammered in October.
The strategy “aggressively” cut its oil stocks portfolio in late September which helped ease equity losses. But the announcement of renewed lockdowns in Europe in late
Leatherback Asset Management, in partnership with Tidal ETF Services, has launched its first Exchange-Traded Fund – the Leatherback Long/Short Alternative Yield ETF (LBAY).Read the full story at ETF Express…
With surges in volatility tipped to become increasingly frequent, so-called “black swan” events are more likely to become part of “the new normal”, speakers at this year’s Hedgeweek LIVE Europe summit heard.
eVestment, a specialist in institutional investment data and analytics, has become the first institutional investment platform to offer access to the Alpha Nasdaq OCIO Indices. Read the full story at Institutional Asset Manager…
CME Group has begun daily publication of a suite of new implied volatility benchmark indexes based on its proprietary CME Group Volatility Index (CVOL) methodology. Read the full story at Institutional Asset Manager…
Alphidence Capital’s Alphidence Systematic Macro Fund is live as of the 17 of November 2020.The company founded by Igor Yelnik continues to research and innovate the Systematic Macro strategy that he has pioneered throughout his investment career.
The Alphidence Capital investment team is led by Igor who is supported by senior quantitative researchers and an experienced software development team. The business team is led by Chief Operating Officer Graham Baughan.
The Alphidence Systematic Macro Fund based in the Cayman Islands has appointed independent veteran fund directors Russell Burt (who also sits as a non-executive director on the AIMA
Managed futures funds posted a second straight losing month in October, down 0.30 per cent for the month, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year-to-date, CTAs were up 1.53 per cent through October.“A surging wave of new coronavirus infections took its toll on equity markets in October,” says Sol Waksman, president of BarclayHedge. “Although China’s economic rebound contributed to gains in some commodity markets, it was not enough to overcome CTA losses resulting from a downturn in the value of equities and the US dollar.”
Most CTA sectors gave up
Q&A with Ivan Grech, Chief Operations Officer, FinanceMalta
What are the key trends currently driving growth and development within Malta’s funds industry?
Malta has always been attractive in the alternative space for the small-medium sized managers, thanks to the introduction of the Professional Investor Fund Regime, alongside various advantages including cost efficiencies, a pro-business regulator, time-to-market consideration, etc; factors which together create the right environment and render the Maltese jurisdiction an interesting and compelling one, particularly for alternative managers.
Furthermore, with what seems to be an increasing investor preference to opt for onshore regulated structures, we are receiving a number of
The European Energy Exchange (EEX) has carried out the 2,000th primary market auction for emission allowances.The auction was conducted in the framework of the common EU auction platform (CAP2) on behalf of 25 EU Member States and the EEA EFTA states. It covered a volume of 3,951,500 EU emission allowances (EUA) including a volume of 877,000 EUA for the Innovation Fund. The auction was cleared at a price of 26.67 Euro/EUA with a total of 26 bidders taking part in the auction.
Peter Reitz, CEO of EEX, says: “EEX has provided services for the auctioning of emission allowances on the
