Funds
Bitfinex, a state-of-the-art digital asset trading platform, has onboarded Fulgur Alpha, a USD280 million Bahamas-based absolute returns crypto hedge fund, consolidating its position as the leading source of liquidity for institutional investors in the crypto space.The launch of Fulgur Alpha on Bitfinex will put the fund among the three biggest on an exchange widely recognised as providing the best liquidity in Bitcoin. Fulgur Alpha, which is accessible only to professional investors, aims to increase the size of its assets under management in 2020.
The onboarding of Fulgur Alpha cements Bitfinex’s place as an exchange offering a robust trading infrastructure that
A stronger revalued yuan is vital to any post-coronavirus global economic recovery, with reinvigorated Chinese financial firepower helping to swerve a deep recession in the next year, according to Toscafund Asset Management’s Savvas Savouri.
Hedge fund losses picked up in February with the industry down 2.81 per cent for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P Total Return Index was down 8.2 per cent for the month.
For the year-to-date the hedge fund industry was down 3.00 per cent through the end of February. The S&P Total Return Index was down almost 8.3 per cent over the same period.
All but a handful of hedge fund sectors were in negative territory for February, as what little good economic news to
Recent spikes in Korean stock market volatility following the global sell-off could see an upswing in margin calls in its autocallables market, potentially driving the index even lower, with investors taking advantage of the higher volatility to obtain higher yields.
Horseman Capital Management, the London-based contrarian long/short hedge fund led by Russell Clark, said on Thursday that the continued issuance of autocallables – structured notes which have automatic calls when a certain upside barrier is reached – suggests investors are looking to capitalise on the recent volatility spike.
Historically a highly volatile market, the KOSPI 200 has seen volatility levels
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -1.99 per cent in February, underperforming the -1.44 per cent monthly return of the HFRX Global Hedge Fund Index. The Wilshire Liquid Alternative Index family aims to deliver precise market measures for the performance of diversified liquid alternative investment strategies implemented through mutual fund structures, backed by a proprietary classification methodology.
“After US equities reached all-time highs in mid-February, markets sold off precipitously towards the latter half of the month, erasing the gains and finishing the month down over 8
The gross return of the SS&C GlobeOp Hedge Fund Performance Index measured -0.42 per cent for February 2020.Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.70 per cent in March.
“SS&C GlobeOp’s Capital Movement Index showed an increase in net flows of 0.70 per cent for March 2020, up from the 0.19 per cent gain reported a year ago, and also above long-term average net flows for the calendar month of March,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “This strong result is particularly noteworthy amid the recent surge in market volatility attributed to the
AXA Investment Managers (AXA IM) has unveiled plans to incorporate its Chorus hedge fund business into a new global alternative investment platform to be known as AXA IM Alts.
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Asian hedge fund platform OP Investment Management Limited (OPIM), is partnering with Waterflow Capital to launch Waterflow Fund SPC, which is Cayman-domiciled and for professional investors only.Managed by Shui Jiang and Minghan Jiang, the Fund will deploy a thematic global macro strategy, investing in instruments related to macro volatility, interest rates, FX, equity indices in North America and Asia-Pacific. Investment horizons can range from two to six months, and position sizes within the portfolio are based on conviction and expected rate of return analysis conducted by the team.
Before launching the Fund, Shui Jiang served as the CEO and Minghan Jiang as the
ACA Compliance Group (ACA), a provider of governance, risk, and compliance (GRC) advisory services and technology solutions, has become a global sponsoring partner of the Alternative Investment Management Association (AIMA).
Hedge funds registered their strongest outperformance relative to underlying markets since February 2009, outperforming the MSCI AC World Index IMI (Local) by 6.18 per cent in February. Long Volatility/Tail Risk hedge funds led the performance tables and have outshined most other asset classes including gold.
