Funds
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for August 2017 measured 0.90 per cent.
Hedge fund flows meanwhile, as measured by the SS&C GlobeOp Capital Movement Index, advanced 0.13 per cent in September.
“SS&C GlobeOp’s Capital Movement Index rose 0.13 per cent for September 2017 indicating positive net flows into hedge funds,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “While this increase was smaller than the 0.39 per cent reported for the same period a year ago in September 2016, the result shows that hedge funds can attract assets even in
The number of alternative fund managers marketing into Europe through Jersey’s national private placement regimes (NPPRs) continued to rise during the first half of 2017 whilst there has been a strong uptake in the latest addition to Jersey’s regulatory regime, according to mid-year figures from Jersey’s regulator the Jersey Financial Services Commission (JFSC).
As at 30 June 2017, 131 alternative investment fund managers (AIFMs) had been authorised in Jersey to market into Europe through NPPRs under the Alternative Investment Fund Managers Directive (AIFMD), up 14 per cent compared to the same time last year.
In addition, the total number
Barclays has expanded its offering of Quantitative Investments Strategies with the launch of the Novus Barclays Public Ownership HF Conviction Index Family, designed in conjunction with Novus.
The new indices aim to provide an alternative to market capitalisation weighted indices with a distinctive way to identify the key investment ideas of hedge funds. The indices also leverage some of the academic work done in this area of investing coupled with insights generated during the research and development phase.
In addition to the long-only indices, there will be market-hedged index versions, which hold a long position in the Novus Barclays
IndexIQ’s hedge indexes’ results for August 2017 revealed the top performing index as the IQ Hedge Multi-Strategy Index, up 0.67 per cent in the month, followed by the IQ Hedge Long/Short Index, which returned 0.56 per cent in the period.
August saw the first decline in an index in several months, with the IQ Merger Arbitrage Index falling -0.78 per cent. The IQ Merger Arbitrage Index, which underlies the ETF MNA, a five-star Morningstar rated fund, recently passed the USD250 million asset mark.
“August saw the Dow cross 22,000 for the first time, driven by strong earnings, low interest rates,
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 0.38 per cent in August, outperforming the 0.29 per cent monthly return of the HFRX Global Hedge Fund Index.
The Wilshire Liquid Alternative Index family is a joint offering between Wilshire Funds Management, the global investment management business unit of Wilshire Associates Incorporated, and Wilshire Analytics, creator of the Wilshire 5000 Total Market Index.
“Capital markets were mixed in August, mirroring heightened geo-political tensions and some mixed economic data,” says Jason Schwarz (pictured), President of Wilshire Funds Management. “As
S&P Global has formed a strategic partnership with, and taken a minority stake in Algomi, a fintechcompany with offices in New York, Hong Kong and London.
Algomi is the second minority fintech investment this year for S&P Global, following its stake in Kensho. S&P Global will have a seat on the Algomi board.
Algomi has created a bond information network that enables buy side and sell side firms, as well as exchanges, to harness data to improve financial trading decisions via greater transparency and artificial intelligence-powered trade facilitation. S&P Global’s partnership with Algomi will help facilitate product collaboration and
AlphaCentric has surpassed USD1 billion in assets under management. The growing mutual fund company, which launched in 2014, offers alpha-driven and hedge-fund like strategies in a mutual fund format.
AlphaCentric offers five mutual funds that were launched based on proven investment strategies, including one hedge fund that was converted to a mutual fund.
“We launched AlphaCentric to provide all investors access to actively-managed, uniquely focused investment strategies,” said Jerry Szilagyi (pictured), CEO and co-founder of AlphaCentric. “Our growth over the last three years to reach one billion dollars in assets is a testament to both the success of our
Hedge funds generated gains of 0.97 per cent in August 2017, extending their streak to 10 consecutive months of positive returns. This helped the Preqin All-Strategies Hedge Fund benchmark post returns of 7.03 per cent in 2017 so far, and 9.79 per cent over the past 12 months.
All leading strategies produced positive returns for August. Equity and macro strategies funds both generated monthly performance of 1.07 per cent, the highest returns of all leading hedge fund strategies.
Emerging markets funds were once again the highest performing geographic region, returning 2.47 per cent, which has brought 2017 YTD gains
CBOE Holdings is planning to expand its suite of product offerings tied to S&P Dow Jones Indices with the launch of options on the 10 S&P Select Sector Indices that comprise the S&P 500 a key benchmark of the US equities market.
The new index options will offer investors across the globe new ways to efficiently incorporate US sector investing strategies into their portfolios.
CBOE Select Sector Index options are designed to provide simple, straightforward market exposure to widely followed US equity sectors represented in the S&P 500. In particular, European investors who cannot currently hold options on exchange-traded
Quaero Capital is strengthening its European and worldwide distribution capability with agreement from Allfunds Bank to make Quaero Capital funds available on its global platform.
The move will see Quaero Capital’s range of SICAV sub-funds made immediately available, where its funds are registered, to fund selectors in the two dominant European cross border markets of Italy and Spain, as well as in Switzerland and France.
The move will also position Quaero Capital for expansion in over 40 countries in which Allfunds has a presence – in regions such as Asia where Quaero Capital reached a distribution agreement with Peak
