Funds
After five straight months in the black, hedge funds posted a negative number in September losing 0.65 per cent for the month, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop Solutions. The hedge fund industry outperformed the S&P 500 Total Return Index, which was down 3.80 per cent in September.
For the year-to-date, the hedge fund industry remained in positive territory, up 1.70 per cent through September. The S&P 500 Total Return Index was up 5.57 per cent over the same period.
By sector, September’s picture was mixed; some posting gains and other sectors
AlphaSwap, an investment technology platform which bundles its analyst community’s best equity investment ideas for institutional customers, has onboarded its first institutional clients and completed a USD1 million fundraising, including venture funding from the UK government’s Future Fund.
MSCI ESG Ratings by MSCI ESG Research are now available via the Bloomberg Terminal. Read the full story at Institutional Asset Manager…
Mercury Digital Assets​ (Mercury), a technology provider for digital asset markets, is partnering with ​Bit.com​, a secure, crypto derivatives exchange launched by Matrixport. This partnership enhances trading capabilities for both parties’ customers at a time of growing interest in crypto derivatives.
With the integration of the firms’ systems, Mercury customers can now trade directly in Bit.com’s order book using Mercury’s BEACON platform’s set of professional-grade trading tools or connect via Mercury’s set of robust APIs to automate workflows and interconnect systems.
“Cryptocurrencies are not a ‘niche’ asset anymore. We field inquiries from all types of traditional derivatives market participants who want
Merger arbitrage and event driven hedge fund strategies can capitalise on the recent pick-up in M&A activity globally, and help cushion investors’ portfolios amid potential risk aversion as a result of the US election, Brexit and a fresh Covid-19 surge in Q4, industry strategists say.
The biggest hedge fund managers are still lagging behind the wider industry’s performance on average in 2020, with larger strategies having fallen into the red over the past nine months while the industry overall is in positive territory, as hedge fund strategies of all stripes gave up some of their summer gains in September, according to new industry data.
The ten largest hedge funds reporting performance to eVestment lost 1.06 per cent in September, generally in line with the wider hedge fund industry, which fell just over 1 per cent.
But in the nine-month period since the start of January,
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for September 2020 measured 0.75 per cent.Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 0.82 per cent in October.
“SS&C GlobeOp’s Capital Movement Index for October 2020 of -0.82 per cent reflects net cash outflows, as is typical for the month of October based on long-standing seasonal patterns. In view of these seasonal patterns, it should be noted that the -0.82 per cent for October 2020 is actually quite strong, comparing favourably to the -1.09 per cent reported for the same period last year,
Janus Henderson Investors has launched an Asset-Backed Securities (ABS) Fund for institutional investors. Read the full story at Institutional Asset Manager…
MackeyRMS, a provider of SaaS-based research management software for investment teams, has launched ESG Scorecards to streamline investment selection, monitoring and reporting for ESG-focused portfolios.Read the full story at Institutional Asset Manager
A pick-up in M&A activity within certain healthcare stocks is helping Stockholm-based global healthcare-focused hedge fund Rhenman & Partners Asset Management generate further gains in its flagship equity strategy.
