Funds
Managed futures strategies slumped to their worst month of the year in September, with trend-following hedge funds caught out by sharp reversals in momentum across several markets and asset classes.
CTAs, which aim to profit from various trends across equities, commodities, currencies and fixed income through futures and derivatives trading, were hit by the sudden retreat from record stock market highs and US dollar weakness last month, Société Générale said on Tuesday.
Following a mixed first half of the year, the sector had started to gather pace over the summer, with July proving their best month so far. But September’s
Fintech company, Gold-i has partnered with Aqua Digital Rising, a new alternative asset investment platform that allows people to invest in indices based on human beings.Gold-i is integrating Aqua Digital Rising into its Matrix multi-asset liquidity management platform, enabling brokers to diversify by adding a new asset class, human beings, which can be traded as CFDs. Aqua Digital Rising is on track to launch in January 2021, offering the opportunity to trade on the success of individuals, from sports people and celebrities through to social media influencers and politicians.
Tom Higgins, CEO, Gold-i, says: “I have always been motivated
Hedge fund short sellers have rebounded with a GBP418 million (USD542.6 million) gain from negative bets against FTSE 100-listed companies – just a month after losing almost the same amount from wayward shorts in UK blue-chip stocks.
The Power Spot Intraday market, as operated by EPEX SPOT, increased by 27 per cent in September to 9.1 TWh. The French market was the main growth driver and hit a new record on the Intraday with 943.2 GWh traded last month (previous record in January 2020: 933.2 GWh) while the Netherlands registered their second highest volume to date with 416.1 GWh.
On the European Power Derivatives segment, the Options market volumes rose significantly to 4.7 TWh, recording triple digit growth compared to the same period last year (September 2019: 537.7 GWh).
The Hungarian (+30 per cent), the Dutch (+92 per
The Lyxor Epsilon Global Trend Fund, Metori Capital’s long-running systematic managed futures strategy, remains well up in 2020, comfortably outperforming CTA benchmarks as trend-following hedge funds were caught out by reversals across across FX, commodities and equities in recent weeks.
Epsilon Global Trend has gained 7.7 per cent over the nine-month period since the start of January, despite sliding 0.63 per cent in September. Its volatility level remains under 8 per cent. By comparison, the SG Trend Index, which measures the net daily rate of return for a pool of trend following hedge funds, slumped more than 2.5 per cent
Public company data providers Activist Insight and Proxy Insight are to merge to form Insightia.Read the full story at Institutional Asset Manager…
Brummer & Partners’ multi-strategy hedge fund flagship was on track for a marginal September rise, the Swedish hedge fund pioneer said on Friday morning, as strong gains in equities-focused funds were offset by faltering trend-following strategies – but the BMS vehicle remains comfortably in the black year-to-date.
The long-running Brummer Multi-Strategy (BMS) fund – which invests in a range of single-strategy hedge funds – was set for a 0.2 per cent gain in September, bringing its year-to-date return to 4.4 per cent. Meanwhile, the Brummer Multi-Strategy 2xL twice-levered version notched up an estimated 0.4 per cent rise in September, to bring
FTSE Russell’s decision to include Chinese sovereign bonds in its flagship government bond index could offer hedge fund investors fresh alpha-generating and AUM-raising opportunities amid a wave of overseas capital inflows into the market.
FTSE Russell said last month it intends to include Chinese sovereign bonds into its flagship World Government Bond Index from next year.
The inclusion – which follows similar moves by Bloomberg Barclays and JP Morgan Chase, the other two main index compilers – tees up a range of investment opportunities for several hedge fund strategy types, industry observers said.
Man Group, the London-listed global hedge fund
BT has agreed a seven-year contract with TP ICAP, a provider of market infrastructure. The new contract will provide its 700-strong broker team in London with a secure, software-based platform and applications featuring remote working capabilities. The new service will further strengthen TP ICAP’s execution services across voice trading venues.BT Trading is a unified communications and collaboration (UCC) platform engineered specifically for the high-performance real-time trading, regulatory and security needs of the global capital markets. It can be accessed by brokers working remotely and is integrated with leading unified communications platforms from Microsoft and Cisco. It includes a powerful suite
Multi-strategy hedge fund Algebris’ macro chief eyes Biden victory in US election battle
Multi-strategy hedge fund Algebris’ macro chief eyes Biden victory in US election battle