Funds
Companies ranked in the bottom 50 per cent of ESG performance are significantly more likely to attract activists’ attention, according to the findings of Alvarez & Marsal’s (A&M) latest analysis and predictor of shareholder activism in Europe, the A&M Activist Alert (AAA).
The study also predicts that the wave of activism across Continental Europe will continue to increase in 2020 as activists adapt their tactics to different markets and sectors, with tech companies a key growing target sector for activist shareholders. The UK however remains the largest market for activists and is home to 54 of the 158 European companies
Alternative Risk Premia (ARP) funds – a newer breed of ‘hedge fund alternatives’ – passed their first test during the market correction in the fourth quarter of 2018 by outperforming other comparable major asset classes.
That’s according to research from Cambridge Associates which reveals that during Q4 2018, equities returned -13.7 per cent and equity hedge funds returned -9.3 per cent, compared with -4 per cent for ARP funds. While these returns show promise, Cambridge Associates says longer-run data is still needed before making a judgement on ARP funds as an asset class.
Alternative Risk Premia funds may be
New London-based investor, Inspirit Capital, is to focus on acquiring and transforming small and medium-sized businesses that are experiencing strategic, operational or financial complexities.
Inspirit Fund I successfully hit its GBP50 million hard cap attracting committed capital from a select group of blue-chip institutional investors for investment in UK headquartered businesses. This comes at a time when domestic and global market dynamics, as well as the political backdrop, are impacting many UK businesses, which in turn is creating an interesting environment for special situations investors.
Despite this opportunity, the number of special situations investors operating with committed capital in
The European Energy Exchange (EEX) has welcomed an initiative by the German gas market area manager NetConnect Germany (NCG) to support derivatives trading on German natural gas markets by means of an incentive scheme.
Promoting futures market liquidity will improve hedging opportunities for traders and increase attractiveness for long-term investments in Germany.
For the second year, NCG is tendering market making services, using a volume-based model. As part of the first tender for contracts for the first half of 2020 interested parties are being asked to submit their bids by 29th November 2019, 12:00 am, to NCG. The bidders with
Hedge fund managers kicked off the fourth quarter on a positive note following a flat Q3, with the equal-weighted index up 0.40 per cent and the asset-weighted index up 0.82 per cent in October, according to data released by Eurekahedge.
The resumption of the US-China trade talks provided support for global equity and bond markets throughout the month. Returns were positive across major regions and strategies over the first ten months of the year.
Hedge fund launch activities continued to lag behind fund closures, as the global hedge fund industry is on track to record a fourth consecutive year of
Robeco has launched Robeco QI Global Multi-Factor Bonds, a new strategy that builds on the company’s long history of factor investing in credits, in combination with its factor investing philosophy in the government bond market.
Aimed at outperforming the Bloomberg Barclays Global Aggregate Index, it represents one of the first factor investing solutions for the broad global fixed income market.
The fund invests in a diversified fixed income portfolio of credits and government bonds with balanced exposure to the low risk, quality, value, momentum and size factors. Due to its highly systematic nature and distinct investment style, investors in
VoxSmart, a specialist in mobile surveillance technology, has announced its acquisition of the Fonetic Trading business to deliver a comprehensive communications surveillance offering for Capital Markets participants.
Recent high-profile regulatory investigations and prosecutions, such as the WhatsApp scandal at KPMG and the FCA’s prosecution of a VTB Banker over deleted WhatsApp messages, together with substantial market demand for greater consolidation of the RegTech landscape encouraged VoxSmart to acquire the Trading assets of Fonetic as a logical progression into the wider surveillance market.
Juan Manuel Soto, Chief Executive Officer at Fonetic says: “We have seen time and time again the financial and reputational
HSBC Global Asset Management (HSBC GAM) has launched the HSBC GIF Asia High Yield Bond Fund, which aims to provide long term total return by investing in a portfolio of high yielding Asian bonds.
The fund will be managed through a disciplined investment process with an active, fundamental approach, combining top-down macro assessment and bottom-up credit analysis. It will invest mainly in non-investment grade bonds, but can also selectively take positions in investment grade and unrated bonds.
The fund will be managed by HSBC Global Asset Management’s Asian fixed income team, comprised of over 30 experienced investment professionals in
With close to 1,500 registered funds, the British Virgin Islands (BVI) is a leading offshore domicile with hedge fund managers from all over the world choosing the jurisdiction to set up and manage their businesses.
The popularity of BVI funds is testament to both the ease and cost-effectiveness of establishing business in the jurisdiction, as well as the quality and sophistication of the BVI’s legislative, regulatory and judicial framework.
This is reflected in the confidence hedge fund managers have in the jurisdiction as a result of our longstanding reputation as a respected globally integrated international business and finance centre.
Our
More than two thirds (67 per cent) of senior leaders within the alternative investments industry think regulatory bodies are not doing enough regarding Environmental, Social and Governance (ESG) regulation, according to the results of a new survey by Duff & Phleps.
ESG governance considers a number of factors that determine the sustainability and ethical impact of an investment. As such, greater regulation of ESG investments could help ensure they meet the standards required, ranging from a company’s energy use to how much pollution it creates.
Ethical investors need to know that any claims made in these areas are accurate
