Funds
With market volatility always top of investors’ minds, the ability to assume greater control over a particular investment strategy using a managed account structure has grown in significance in the last few years. With markets due a correction, and investors keen to optimise the way they allocate to hedge fund strategies, taking a customised approach – as opposed to necessarily using commingled managed account platforms or `public’ platforms – continues to resonate.
This is playing to the strengths of dedicated platform operators, with the infrastructure expertise needed to meet individual client demands.
A custom mandate enables investors to build out
Tages Capital’s Luxembourg domiciled range of UCITS absolute return funds has been added to the Allfunds Bank fund distribution network.
The funds will be immediately available to Allfunds’ clients in Italy, Spain, Switzerland and the United Kingdom and will also benefit from the presence of Allfunds in over forty countries.
Tages Capital, one of Europe’s leading specialist alternative asset managers, partners globally with pre-eminent investment managers to bring high quality absolute return strategies to the UCITS alternative market. Tages International Funds SICAV is a fully independent Luxembourg UCITS platform with partnerships including Anavon Capital, Cygnus Asset Management, P Schoenfeld
Interactive Brokers Group is now offering clients the ability to trade bitcoin futures on the Cboe Futures Exchange (CFE).
In addition to the CFE futures which are available under the ticker symbol GXBT, the company plans to offer bitcoin futures from the Chicago Mercantile Exchange (CME) at the scheduled start of trading 18 December using the symbol BRR.
“Interactive Brokers was on the buy side of the low print of 14,710,” says Thomas Peterffy, founder, Chairman and CEO of Interactive Brokers. “A Registered Investment Advisor on the Interactive Brokers platform purchased two March contracts in the first minute of
Market access technology provider Vela is to support bitcoin futures, meaning that firms wishing to take advantage of the new contracts from Cboe Futures Exchange (CFE) and CME Group Inc (CME) can receive market data and trading access without delay from launch.
Data and trading access to the Nasdaq Bitcoin Futures contracts will also be available on launch in 2018.
As part of an ongoing program of product enhancement, Vela has been monitoring market appetite for new instruments and has been well prepared as the announcements regarding Bitcoin futures have been made by CME, CFE, and most recently by
Following an improvement in performance in October, the Societe Generale CTA Index continued its positive run last months as it gained 0.30 per cent in November, increasing gains for the year to 1.77 per cent.
Trend followers also made further gains, as the SG Trend Index posted the strongest performance in November, up 0.59 per cent and now +0.75 per cent for the year.
However, short-term strategies continued to face challenging market conditions and ended on average down 1.07 per cent, pushing losses this year to -6.23 per cent. Performance was mixed across all CTA strategies, as approximately half
Cboe Global Markets’ Cboe bitcoin futures (XBT) traded a reported 4,127 contracts in their first day of trading. XBT futures debuted Sunday, 10 December, at 5:00 pm CT, the beginning of Global Trading Hours. The first trading session closed at 3:15 pm CT on 11 December.
The Cboe Futures Exchange (CFE) daily settlement price for the front-month Jan Cboe Bitcoin (XBT) future for the December 11 session was USD18,545.
Some 20 trading firms actively participated in the December 11 session. Cboe previously announced that all transaction fees will be waived1 throughout the month of December.
Over the last
Alternative investment manager FS Investments is to create a joint venture with EIG Global Energy Partners (EIG), a global alternative investment firm focused on energy and energy-related infrastructure.
The joint venture is expected to create a platform with the scale, flexibility and energy industry expertise to offer energy and infrastructure companies flexible financing solutions across the capital structure. As a result, following the formation of the venture, the FS Investments/EIG team expects to generate enhanced deal flow – particularly directly originated deals – that positions the portfolio to create long term value for FS Energy and Power Fund (FSEP) investors.
BNP Paribas Securities Services is planning to launch ClimateSeed, a platform that aims to bring together investors and organisations committed to carbon offsetting projects.
This initiative is part of BNP Paribas’ long-standing commitment to help combat climate change and promote the UN Sustainable Development Goals.
ClimateSeed will act as a centralised platform where investors and companies looking to invest in voluntary carbon offsetting projects will be able to connect easily to projects carriers looking for funding.
The ClimateSeed platform will reinvest 100 per cent of its profits in its development and initiatives designed to enhance its impact.
Man Group has launched its first onshore investment strategy for qualified investors in China. The new investment strategy will leverage the experience of Man AHL, Man Group’s diversified quantitative investment management business, to harness market trends across a range of liquid markets in China.
The new investment strategy is systematic trend following in its approach, and aims to be uncorrelated with traditional portfolios. Managed by Man AHL’s Shanghai-based investment professionals, the strategy seeks to identify and capture market trends across diverse liquid onshore markets, focusing initially on listed futures including agricultural commodities, industrial commodities, bonds, metals, energy and stock indices.
Cboe Global Markets’ new Cboe bitcoin futures (XBT) began trading exactly as planned at 5:00 pm CT on Sunday, 10 December, 2017, at the start of Global Trading Hours.
The opening price for XBT was USD15,000 and 890 contracts were traded by 7:15 pm CT. Monday, 11 December, will be the first full day of trading. Cboe previously announced that all transaction fees will be waived throughout the month of December.
Over the last five years, the total value of all bitcoin outstanding (ie, “market capitalisation”) has grown from less than USD1 billion to over USD262 billion with daily notional
