Funds
Westbeck Capital Management, the London-based long/short energy specialist hedge fund, is positioning for a continued recovery in oil and oil equities after making bumper returns amid frenzied markets during the first six months of the year.
The Westbeck Energy Opportunity Fund has generated a remarkable 76 per cent year to date, having gained more than 11 per cent in the first few weeks of June, which followed a 5.6 per cent return in May.
Westbeck CEO Jean-Louis Le Mee said the fund’s long position at the back of the curve in oil markets drove its May gains, while recent June
Backstop Solutions Group (Backstop), a cloud-based productivity suite for institutional and alternative investors, and Mercer, a business of Marsh & McLennan, have formed a strategic alliance which will make Mercer’s institutional investment data, forward-looking research and ratings available through Backstop’s platform.Backstop clients who subscribe to MercerInsight, Mercer’s cloud-based investment manager research and analytics platform, will be able to access institutional investment data, research and ratings on over 7,000 managers and 35,000 strategies through Backstop’s productivity platform, enabling such institutional asset owners, consultants, and advisors clients to quickly ascertain Mercer’s views on managers to bolster their own research and opinions.
The Campbell Systematic Macro Fund, a series of The RBB Fund, has completed the previously announced acquisition of the Equinox Campbell Strategy Fund effective 1 June, 2020.Campbell, which previously served as the sub-adviser to the portfolio, will now operate as the sole adviser to the fund going forward. The reorganisation provides benefits to existing shareholders of the acquired fund in the form of lower net and gross operating expenses.
“We’re always looking for ways to reduce cost and complexity for our shareholders,” says Will Andrews, CEO of Campbell. “By becoming advisor of the Fund and moving it to RBB, we
Alpha Blue Ocean, the London-based alternative credit investor, is eyeing growing funding opportunities arising out of the sharp economic downturn following the coronavirus outbreak.
The firm focuses mainly on the healthcare, energy and technology sectors, targeting typically smaller and medium firms forced to innovate to create growth to sustain themselves, rather than major well-established companies at the top of their curve, said CEO and co-founder Pierre Vannineuse.
The EUR300 million manager’s novel convertible bond-focused investment model provides financing for small and dynamic start-up companies unable to access traditional bank lending, or preferring a less dilutive alternative to straight equity when
As financial markets continued their recovery and economies began to reopen from Covid-19 pandemic shutdowns, managed futures were able to capture a small profit in May, gaining 0.04 per cent according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. Year-to-date CTAs gained 1.44 per cent through the end of May.
“Despite the coronavirus crisis and its economic impact, equity markets were buoyed by government stimulus efforts and the early stages of businesses resuming operations,” says Sol Waksman, president of BarclayHedge.
Most Barclay CTA Index sectors were in positive territory in May, led by the Cryptocurrency Traders
Indian Energy Exchange (IEX), India’s leading and premiere energy market platform has launched Indian Gas Exchange (IGX), the first nationwide online delivery-based gas trading platform. Shri Dharmendra Pradhan, Honourable Minister of Petroleum and Natural Gas, inaugurated the Indian Gas Exchange in an e-ceremony. The platform is fully automated with web-based interface to provide seamless trading experience to the customers and is powered by best-in-class technology from GMEX, one of the world’s leading digital exchange trading and post trade technology providers. Incorporated as a wholly owned subsidiary of the IEX – India’s leading energy market platform, IGX will enable market participants to
As global investment markets became more efficient and persistent low interest rates saw returns dry up, institutional investors have been turning to alternative assets in their efforts to generate performance. Since traditional hedge fund investments have often not fully lived up to their promises in the past decade, managers in the space are looking to offer access to other alternative assets, such as private capital, in their attempts to fulfil investors’ needs.
Managed futures strategies experienced an entire year’s worth of performance dispersion during a dramatic first three months of 2020, with trend-following hedge funds’ returns hinging as much on luck as skill, a new deep-dive analysis by multi-manager CTA portfolio investment firm Efficient Capital Management shows.
CTAs, particularly those trading short-term trends, were widely hailed for their strong returns during the coronavirus-driven sell-off earlier in the year, when other hedge fund strategy types suffered agonising losses.
But the sector was marked by a wide dispersion in returns, Efficient Capital Management, the Chicago-based managed futures specialist, noted in a webinar on Wednesday.
Blue River Partners (Blue River), a US-based provider of outsourced solutions to private equity and hedge funds has been acquired by IQ-EQ.Read the full story at Private Equity Wire…
CF Partners Capital Management, a London-based energy-focused hedge fund, is betting on a continued price recovery in energy markets heading into the second half of 2020.
