Funds
Macro hedge fund, Reminiscent Capital (Reminiscent), has launched a Cayman Fund to enable broader access to its Asia Macro Master Strategy (Strategy). The Strategy, which is employed to construct a highly liquid portfolio centred around rates, FX and equities, was launched in February 2019 and has previously only been available to Australian investors via an Australian Unit Trust.
The strategy finished Q1 2020 up 16.5 per cent before fees, navigating the recent market turmoil successfully and significantly outperforming the HFRI Macro Discretionary Thematic Index YTD and since inception.
The focus of the fund in investing only in liquid products and its
EEX Group has reported a 46 per cent increase in European power derivatives trading volume in April, largely driven by consistent growth in the Germany Phelix-DE futures and the strong performance of the French (+152 per cent trading volume y-o-y), Spanish (+140 per cent y-o-y) and Hungarian (+256 per cent y-o-y) power futures. The Hungarian power futures continued its positive development, making Hungary now the fourth largest power market in terms of traded volume on EEX’s European power derivatives platform, behind Germany, Italy and France.
On the Austrian, French and German Intraday power markets, flexibility products, namely 15 minute and 30
Long-term investment specialists Inbhear Fund Service and Inbhear Management Services have been acquired by SANNE, a provider of alternative asset and corporate business services.
The advent of negative prices for the US West Texas Intermediate (WTI) oil benchmark will further squeeze growth and investment in the Permian basin, potentially heralding a sharp slide in US natural gas exports, according to Horseman Capital Management.
The London-based contrarian long/short hedge fund firm led by Russell Clark believes US exports of liquefied natural gas are likely to fall, “potentially precipitously”, in the current trading environment – a knock-on effect of lower US oil production.
“If I was a US LNG exporter, I would listen to the Noel Gallagher song ‘Gas Panic’,” Clark said in a note on
Commodities markets are often viewed predominantly through the narrow lens of energy markets, with the recent dramatic oil price volatility garnering front page headlines, bringing hefty gains for several hedge fund strategies amid the turmoil.
Investcorp, a global provider and manager of alternative investment products, and Tages Group (Tages), a European alternative asset management firm, have created a 50/50 joint venture (JV) by merging Investcorp’s Absolute Return Investments business (Investcorp ARI) and Tages Capital, the absolute return subsidiary of Tages.The JV, called Investcorp-Tages Limited, leverages Tages Capital’s and Investcorp ARI’s investment expertise and complementary footprints in seeking to create a global absolute return platform with more than USD6 billion in revenue generating assets, including customised portfolios, seeding and other investment solutions. As a combined team, this positions the JV as one of the world’s leading
Ambienta, a sustainability-focused European asset manager, has launched its first absolute return fund, Ambienta X Alpha, which is believed to be the world’s first long/short fund entirely focused on environmental sustainability. Ambienta X Alpha will focus primarily on European and US markets taking both long and short alpha-generating positions. The Fund will employ a rigorous fundamental investment philosophy, taking long positions in companies with strong competitive advantages, which are poised to capitalise on sustainability megatrends. At the same time, the Fund will take short decisions based on factors including overhyped environmental themes and whether companies feature disrupted or unproven business models.
Epsilon Asset Management (“Epsilon”), a quantitative asset management firm that pursues bottom-up stock-selection alpha through a data science investment approach, today announced the findings of its new report, “Hedge Fund Alpha and their Best Ideas”. Hedge fund “Best Ideas” have not outperformed the rest of their portfolios, despite the identification of statistically significant outperformance (alpha) by those portfolios against the broader marketplace for a period of 20 years.
That’s the findings of a new report by Epsilon Asset Management, a quantitative asset management firm that pursues bottom-up stock-selection alpha through a data science investment approach.
The report – Hedge Fund Alpha
The recent equity market rally is unlikely to stave off the “devastating” economic impact of Covid-19 this year, according to Absolute Return Partners’ founder and CIO Niels Clemen Jensen.
RISE Wealth Technologies, a Munich-based AI investment technology firm – has announced a second month of strong performance for its flagship Volatile Special Opportunities Program (VSOP) strategy.
Up in April by 2.27 per cent and up by 21.83 per cent for the year, VSOP entails a systematic multi-strategy approach in the S&P 500 index volatility market with a real-money track record dating back to July 2016.
The fund is composed of a Balanced Portfolio consisting of S&P 500 futures and treasuries with a duration risk of circa five years. It also trades overlay strategies on situational patterns. While the fund
