Funds
Prices of palladium have now reached more than USD2,500 per ounce, in a sustained rally potentially indicative of a late stage bull cycle, analysts at Man Group said on Tuesday.
It is rare one can apply the term ‘innovative’ in financial markets with any real conviction, but it absolutely holds true for Aurum Fund Management Ltd (Aurum), a Bermudan fund-of-funds manager with a commitment to environmental conservationism and sustainability.
Over the last 25 years, this ESG mission has been at the heart of Aurum’s business. In 2002, it launched its first embedded impact fund and took the decision to use 100 per cent of the Fund’s management fee to support a number of charities, including Synchronicity Earth, a registered charity that supports the conservation of biodiversity, ecosystems and species at
Stack, a provider of cryptocurrency trackers and index funds has launched an institutional grade bitcoin index fund in response to investor demand for controlled exposure to the high-yield potential of bitcoin globally.
The single-asset index fund expects to capture USD750 million in assets under management during 2020, and to surpass USD2 billion in 2021, tapping into the unmet demand for traditional investment vehicles in Asia’s digital asset space. Stack’s list of partners includes premiere financial services providers, BitGo, Silvergate Bank, and Coin Metrics for custodian, banking, and index solutions, respectively.
Matthew Dibb, Co-founder and Chief Operations Officer of Stack, says:
2020 Top 10 tech predictions – To introduce the Hedgeweek Global Outlook Report 2020, the team at RFA has made the following 10 predictions on technology and how they might impact the industry over the next 12 months. We took a considered approach before settling on these 10 trends based on what we’ve seen across our client base, the conversations we’ve had (and continue to have) on a daily basis, as well as from research into business drivers and emerging technology:
The LuxHedge Global Alternative UCITS Index posted a gain of +4.2 per cent over the past year and more than 80 per cent of funds ended the year in positive territory.
The SS&C GlobeOp Forward Redemption Indicator for January 2020 measured 2.26 per cent, down from 4.95 per cent in December.“SS&C GlobeOp’s Forward Redemption Indicator for January 2020 was 2.26 per cent, a favourable reading compared to the 2.70 per cent reported a year ago, as well as compared to historical averages,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “Redemptions have remained fairly steady in recent years at generally low levels, and it is too early to tell if this reading represents the start of a new trend, but 2020 is certainly off to a good start.”
The SS&C GlobeOp Forward
Société Générale’s CTA indices advanced between 2.5 and 3.5 per cent in the first three weeks of January, as managed futures strategies locked on to early-year trends in equity markets, currencies, and commodities.
Style Analytics, a provider of factor-based portfolio and market analytical tools for investment professionals, is expanding its ESG factor analysis tool with the launch of Carbon Risk Ratings and emission data from Sustainalytics, a leading global provider of ESG research, ratings and data.
Fund data management platform Kneip has named Hugues Delcourt as Chairman of the Board whilst founder and previous Chairman, Bob Kneip, moves into the role of Vice-Chairman.Delcourt brings with him a wealth of experience, with 30 years in the banking industry accrued in Europe and Asia, working for global institutions, including Indosuez, ABN AMBRO and UBS. Most recently, Delcourt was the Group CEO of Banque Internationale à Luxembourg, a position he held for five years.
In his new role as Chairman of the Board, Delcourt will offer guidance and support to the executive leadership team, headed up by CEO
Now entering its sixth year of operation, ProMeritum Investment Management – a London-based discretionary emerging markets fixed income-focused manager – has notched up five successive years of positive returns since launching in January 2015.
With more than USD350 million in assets under management, the ProMeritum fund made 9.61 per cent last year, trading an opportunistic, theme-based investment portfolio built around a broad range of idiosyncratic, proprietary ideas spanning sovereign and corporate credit, local currencies and other fixed income assets.
