Funds
New hedge fund launches have slumped to lows not seen since the 2008 global financial crisis, while liquidations hit their highest level since the end of 2015, according to new analysis from Hedge Fund Research.
HFR’s ‘Market Microstructure Report’ for the first quarter of 2020 also reveals that management fees and incentive fees have dropped to their lowest amount since HFR began compiling such data, reflecting the rapidly shifting balance between hedge fund managers and investors.
As hedge fund firms grappled with the impact of the coronavirus pandemic which upended global markets earlier in the year, sending volatility soaring and
Waratah Capital Advisors has launched the firm’s second liquid alternative mutual fund, the Waratah Alternative ESG (AESG) Fund. The new offering will operate pari-passu with the OM fund, providing high net worth (HNW) retail investors and their advisors with direct access to a diversified portfolio composed of long and short equity positions where Environment, Social, Governance (ESG) factors are integrated, and emphasised into the investment thesis.
Liquid alternatives provide portfolio construction tools which offer the potential for added diversification and risk-adjusted returns. The Waratah Alternative ESG Fund integrates ESG factors and considerations into fundamental investment analysis to reduce inadvertent and direct
Growth Capital Partners (GCP) has acquired a minority stake in CubeLogic, aprovider of enterprise risk management solutions for the energy, commodities and financial markets.Read the full story at Private Equity Wire…
A number of hedge fund short-sellers look set to gain from troubled shopping centre operator Intu Properties’ fall from grace, with shares in the London-based real estate investment trust sliding again on Friday (26 June) following news that the debt-laden firm has entered administration.
Union Bancaire Privée (UBP) has onboarded a new strategy on its alternative UCITS platform. Launched in partnership with Baltimore-based alternative investment manager Campbell & Company Investment Adviser (Campbell), U Access (IRL) Campbell Absolute Return UCITS is an absolute return fund.U Access (IRL) Campbell Absolute Return UCITS seeks to provide a balanced risk-reward profile across a broad range of market conditions through systematic investments in a diversified portfolio. The fund consists of underlying investment strategies that aim for low correlation and are differentiated by investment style (systematic macro, short-term, trend-following, and quant equity strategies), holding period, and instrument. Campbell is one
Hedge funds are holding off from closing their short positions in crisis-hit e-payments firm Wirecard AG – with some even increasing their bets – in expectation that its share price will tumble yet again, boosting short sellers’ returns even further.
Sandberg Capital acquires a 35 per cent stake in Czech company Revolgy Business Solutions. The management team stays on board and continues to lead the company.
RepRisk, a specialist in ESG data science combining machine learning and human intelligence, has formed a strategic partnership with alternative data platform and marketplace BattleFin that will significantly expand alternative data buyer access to ESG risk data.RepRisk’s daily-updated dataset on nearly 150,000 companies linked to ESG and business conduct risks will be available through BattleFin’s global alternative data marketplace, Ensemble. Investors, hedge funds, and other buy-side professionals will now be able to test, evaluate, and purchase RepRisk ESG data seamlessly within Ensemble. Through Ensemble, clients will be able to efficiently integrate and mine datasets for signals and leading indicators, as
Global hedge fund adviser Sussex Partners has launched Strategic Certificates on the Sussex Partners Diversified Alpha Index issued and administered by Vontobel in both EUR and USD. The product, is based on the Diversifying Alpha Strategy developed by Sussex Partners, a core uncorrelated strategy it has been implementing in different formats for its advisory clients through bespoke structures, and which has performed positively so far in 2020, including during the March sell-off. The aim of this strategy is to produce diversified returns with a low beta and low correlation to traditional markets, targeting mid-high single digit returns in all market environments
Equity market neutral hedge fund strategies could be set for a reversal of fortunes, as trading conditions normalise towards 2020’s midway point.
