Funds
Digital asset trading platform FalconX has secured USD17 million in financing from investors including Accel, Accomplice VC, Coinbase Ventures, Fenbushi Capital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments. The funding will be used to introduce new products, expand FalconX’s trade execution suite and scale infrastructure to support growing institutional demand for cryptocurrency.
“We’re entering an era defined by the true digitisation of value – whether bitcoin, ethereum or new experiments such as libra, or digital yuan – much like what we saw in the
High-conviction long-positioned hedge fund portfolios outperformed high-conviction short portfolios during the recent market meltdown, according to new MSCI research exploring how hedge fund managers navigated Q1’s unprecedented volatility surge.
The study, authored by Donald Sze, executive director, MSCI Research and Navneet Kumar, vice president, MSCI Research, examined how hedge funds were positioned in the run up to, and the initial stages of, the Covid-19 crisis.
Noting the key role hedge funds play in global capital markets, the research sought to gauge the changes in portfolios between the end of January and the end of February this year, and how various
Cheyne Capital, the London-based credit and multi-strategy alternative investment manager, has continued to attract investor allocations during this year’s turbulence with its focus on market dislocations, as its thematic long/short equity hedge fund notched up successive gains in March and April.
“We’re known for stepping early into dislocations, such as real estate debt in 2009, social property in 2014, and sub-investment grade credit ahead of IFRS 9 in 2018, so we took in approximately USD500 million of investor allocations across our strategies during March and April,” said Stuart Fiertz (pictured), co-founder and president of Cheyne.
The firm’s Thematic Long/Short Equity Fund
iCapital Network has added to its offering of hedge fund and private equity investments for financial advisers and their high net worth clients with the acquisition of Artivest.Read the full story at Wealth Adviser…
US stocks had their best month in decades in April and hedge funds sailed to a 5.46 per cent return, according to the Barclay Hedge Fund Index compiled by BarclayHedge. By comparison, the S&P 500 Total Return Index was up 12.8 per cent in April.Year-to-date, the hedge fund industry is down 7.01 per cent through April. The S&P 500 Total Return Index is down 9.29 per cent over the same time period.
All sectors but two tracked by the Barclay Hedge Fund Indices were in the black for April, the exceptions being the Volatility Trading Index, which was down 0.17 per cent,
Tyr Capital Arbitrage SP (Tyr Capital), a crypto hedge fund for institutional investors, family offices and high net-worth individuals, has announced strong double digit returns for investors in its first year results.At a time when the repercussions of CovidD-19 are taking a heavy toll on both stock markets and the hedge fund industry, Tyr Capital has started 2020 with a performance of +11 per cent as of the 30 April, beating benchmark comparators[1] by significant margin during extreme volatility. Annualised Sharpe ratio was above 4.
Tyr Capital Arbitrage SP was launched in January 2019 by Nick Norris, Ed Hindi and
By Don Steinbrugge, Agecroft Partners – Recent news headlines state that the hedge fund industry saw its highest level of redemptions during the first quarter of 2020 in over a decade, with USD33 billion leaving the industry. A more appropriate headline would have been “Hedge funds only lose 1 per cent of industry assets – learned from 2008 Experience.”
A year after launching Atlas Global Investors, a traditional long/short fundamental equity hedge fund with a core responsible investing focus, Quentin Dumortier is convinced that ESG (environment, social and governance) themes are more important than ever for investors.
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for April 2020 measured 4.21 per cent.Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.10 per cent in May.
“SS&C GlobeOp’s Capital Movement Index for May 2020 increased 0.10 per cent, indicating net capital flows into hedge funds,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “Though positive, on a year-over-year basis, this increase of 0.10% was lower than the 0.51% gain in net flows reported for May 2019. As this result follows improved net flows in each of the previous two months, it is
AlphaOne Satori Management, General Partner for the Satori family of funds, is to open Satori II from 1 June, providing more investors with an opportunity to invest with Satori Funds. With the launch of Satori II, investors who meet Accredited Investor criteria will now be able to participate, while investors who meet the Qualified Purchaser criteria can choose either fund.
The Satori Fund, founded and managed by Dan Niles, is a technology focused, long-short equity fund with a 16-year track record. The Fund looks to provide investors with lower volatility than the broader equity markets. With downside protection and uncorrelated returns
