Funds
Following positive gains in November, CTAs experienced a small dip in December, as the SG CTA Index closed the month at -0.65 per cent. Nevertheless, all indices closed the year in positive territory with the SG CTA Index and the Short-Term Traders Index up by +6.24 per cent and +3.62 per cent YTD respectively.There was return dispersion between all the CTA strategy styles from trend followers to non-trend and short-term CTAs. Looking at the year-end figures, it is clear that trend followers led performance in 2019 with the SG Trend Index up by +9.22 per cent YTD, marking their best
– Founder and CIO Niels Clemen Jensen flags up potential liquidity squeeze –
ARP founder and chief investment officer Niels Clemen Jensen is flagging up the risk of a US recession amidst a potential liquidity squeeze among lower-quality US corporates.
HFRI’s EM Index up 11.67 per cent in 2019, as market conditions hint at positive start to new year
Emerging markets-focused hedge funds rounded off a strong year with a 3.58 per cent monthly advance in December, to take their composite returns for 2019 to almost 12 per cent, new performance data from HFR shows.
Lazard Asset Management Limited (LAML) has launched the Lazard Global Thematic Focus Fund, a UCITS-compliant Fund seeks to achieve long-term capital growth by investing primarily in an actively managed, diversified portfolio of 35 to 50 established companies located around the world. The companies will have a market capitalisation of greater than USD1 billion at the time of purchase, with securities listed or traded on Regulated Markets worldwide.
The Lazard Global Thematic Focus Fund aims to identify structural and secular changes that will transform the global economy. Profound transformations are taking place in the global economy, as digitisation becomes universal and environmental
Hedge funds advanced in December to record their strongest annual returns since 2009, when the markets were recovering from the Global Financial Crisis, according to data released by HFR.
Options, a provider of cloud-enabled managed services to the global capital markets, has secured a significant growth investment from Abry Partners, a Boston-based sector focused private equity firm. The transaction will enable the firm’s executive team to significantly accelerate its growth strategy, pursue strategic M&A targets, invest further in the firm’s technology platform and expand Options’ reach in key financial centres globally. No further terms of the transaction were disclosed.
Options, founded in 1993 as a hedge fund technology services provider, has expanded rapidly in recent years and now finds itself as an established market leader in outsourced financial technology and managed
Semper Capital Management’s Semper Short Duration Fund (SEMIX, SEMRX) has surpassed USD500 million in assets under management as a result of strong performance and investor demand since inception in December 2010. The Fund has a 5-Star Overall Morningstar Rating out of 161 ultrashort bond funds as of 31 December, 2019.
The Fund’s primary objective is to provide a high level of current income while maintaining a focus on preservation of capital. The Fund employs an ultrashort fixed income strategy offering low correlation to short and core fixed income, with current yield, low interest rate sensitivity, and seeking to limit downside volatility.
The oil price surge following the deadly US airstrike against Iranian general Qassem Suleimani is unlikely to be sustained, commodities-focused hedge fund managers have told Hedgeweek.
The European Energy Exchange (EEX) has successfully integrated Powernext and Gaspoint Nordic as of 1 January 2020. All required approvals have been received to integrate the natural gas spot and derivatives markets into EEX. The integration also includes registry services, which will now be operated by EEX, apart from the exchange activities.
“This is an important step for EEX Group and for our customers for which we want to offer a wide range of products and markets on one platform, providing a one-stop-shop for energy and commodity products. In line with our ambition of becoming the preferred global commodity exchange,
PEGAS registered a total natural gas volume of 190.6 TWh in December, a raise of 20 per cent year-on-year (December 2018: 158.1 TWh). With 120.8 TWh, the spot segment reported a 27 per cent growth compared to 2018 (December 2018: 95.4 TWh) and a new record on CZ VTP with 959 GWh traded (previous record in April 2019 with 787 GWh). Derivatives trading amounted to 69.8 TWh, up 11 per cent compared to 2018 (December 2018: 62.7 TWh).
In December 2019, the spot segment amounted to 120.8 TWh (December 2018: 95.4 TWh). With 45.1 TWh, the Dutch TTF market registered a
