Funds
Many Alternative UCITS funds continue to have a difficult time delivering in 2018. The LuxHedge Global Alternative UCITS Index posted a small loss of 0.01 per cent, bringing 2018 YTD to -1.43 per cent.
Half of the nearly 1000 index constituents posted positive results in September. Fund picking remains of utmost importance in this universe as illustrated by the large spread between the best performer in September (+17.4 per cent Global Macro fund) versus the worst (-6.7 per cent Equity Long/Short Emerging Markets fund).
After a 5 per cent increase in assets under management between January and August, investors
SaxoSelect, a digital service that enables clients of Saxo Bank to invest in pre-selected investments, has reported a 36 per cent increase in AUM for its range of Managed Trading Strategies over the third quarter.
The sharp increase in riskier investment strategies comes despite an uncertain economic background throughout the quarter.
SaxoSelect saw a 14 per cent increase in total AUM across all of its portfolios, with 10 per cent coming from capital inflows and 4 per cent from investment performance. The increase in AUM in the current market signals a desire from investors to make their money work,
Dynamic Funds has launched the Dynamic Alpha Performance II Fund and Dynamic Premium Yield PLUS Fund (the Funds). Both Funds are based on the Canadian Securities Administrators’ ‘alternative funds’ proposal, which is governed under National Instrument 81-102 Investment Funds.
Liquid alternative funds allow more investors to access innovative investment strategies that offer the potential for enhanced diversification, decreased volatility and improved risk-adjusted returns.
“Dynamic Funds has a long history of managing alternative solutions that advisors can use to build better investment portfolios for their clients,” says Glen Gowland, President & CEO, Dynamic Funds. “With the use of alternatives, we
New research now offers a unique road map for all emerging and start-up hedge fund managers as they make their way to USD1 billion AUM. This has been achieved by analysing the path to growth and crucial insights of larger, more established managers who blazed a trail in building billion-dollar hedge fund businesses.
Produced by the Alternative Investment Management Association (AIMA), alternative prime broker GPP and Edgefolio, ‘Making it Big’ is informed through an industry-wide survey and a series of roundtable discussions posed to asset managers and industry allocators representing an estimated USD500 billion in total hedge fund AUM.
Montréal Exchange (MX), Canada’s derivatives exchange, now opens for trading at 2:00 am EDT, or 7:00 am London time.
The move to extend its trading hours is in response to an increase in activity and demand from MX’s global clients, particularly during the early trading session. MX’s regular trading session has increased in duration by four hours, with trading now available between 2:00 am to 4:30 pm ET (7:00 am to 9:30 pm London time), and a pre-open or order entry session beginning at 1:30 am ET (6:30 am London time).
Designed as a trading and risk management solution
CreativeCap Advisors has selected five companies to join its inaugural Fall 2018 Class for the Global Emerging Manager Incubator.
“We are thrilled to welcome and unveil our inaugural Fall 2018 Class. Each company we are welcoming offers something special and unique to the mix and many have even gained recognition in their own right,” says Tyra S Jeffries (pictured), Founder and CEO of CreativeCap Advisors.
“Our global incubator is focused on aiding high-potential start-up funds to gain access to the right tools and resources to grow, scale and further develop their businesses. We are pleased to highlight that while
The Eurekahedge Hedge Fund Index ended September down 0.05 per cent, trailing behind the MSCI AC World Index (Local) which gained 0.07 per cent over the course of the month.
North American hedge fund managers broke their winning streak and slumped 0.16 per cent, contrary to the positive performance exhibited by the S&P 500, which ended the third quarter with its best performance since Q4 2013. On a year-to-date basis, North American fund managers maintained their lead over other regional mandates with a 3.16 per cent return.
Over in Asia, concerns over the escalation of the tariff spat
AMSYS Capital has launched its first Digital Asset Fund, an actively-managed fund designed to hedge against the volatility of the crypto-currency market.
AMSYS says the fund will leverage the ecosystem of its advisory companies – Amsys Innovative Solutions (a 15 year old IT services company), Amsys Blockchain (a blockchain development and advisory company), and AMCHART (a blockchain company striving to put health records on the blockchain) – to better understand and trade cryptocurrency markets.
The investment objective of the fund is to responsibly invest in a volatile market and gain capital appreciation and maximise absolute returns by offering investors
Hedge funds were up last week, on the back of the positive performance of CTAs and L/S Equity Market Neutral strategies, while CTAs staged an impressive rally with most buckets contributing to performance, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.
Lyxor writes: “Event-Driven and L/S Equity strategies underperformed. In the Event-Driven space, both Special Situations and Merger Arbitrage were under pressure according to benchmark indices. Dispersion was nonetheless somewhat elevated across merger arbitrage strategies as some funds suffered from the Akorn vs Frenesius deal break while others did not.”
“Relative value arbitrage remains the
Hedge funds posted mixed performance for September as US bonds yields increased, with strategy gains led by fixed income- based Relative Value Arbitrage, while Macro Currency led sub-strategy performance as the US Dollar gained against the Japanese Yen.
The HFRI Fund Weighted Composite Index fell 0.2 per cent in September, with declines in Equity Hedge exposures offsetting positive contributions from credit and interest rate- sensitive Relative Value Arbitrage strategies, as reported today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. Larger hedge funds topped the performance of smaller funds for
