Funds
Asian hedge funds extended Q1 gains through mid-year, led by funds investing in India and China, resulting in the first quarterly asset inflows since 2Q15, and increasing Asian hedge fund capital to the highest level since Q4 2015.
The HFRX India Index gained 6.4 per cent in Q2 17, bringing YTD performance to +26.6 per cent, topping the Sensex 30 Index by over 1000 basis points for H1 2017. Total capital invested in Asian hedge funds rose to USD117.1 billion (RMB787 billion, JPY12.95 trillion, NIR7.45 trillion), a quarterly increase of USD6.7 billion, according to the latest HFR Asian Hedge Fund
Wall Street Access Corp has acquired a majority interest in RJL Capital Group (RJL), a New York-based provider of prime brokerage and trading services. Terms of the private transaction have not been disclosed.
RJL provides a suite of integrated prime brokerage clearance, execution, and reporting services supported by proprietary technologies and an experienced support staff. RJL customers benefit by being introduced on a fully-disclosed basis to multiple prime broker custodians, allowing investment managers to diversify custodial risk while enjoying the operational ease of a single trading solution, service team and reporting system.
“We’re very excited to welcome the RJL
London-based asset manager Helford Capital Partners’ Helford Global I Fund is now available for investment to both institutional and professional investors, the strategy having been proved through consistent realised performance.
The fund, a Cayman AIF, was re-launched just over two years ago with seed capital from Helford’s partners.
Helford Global I’s investment strategy has been developed in-house at Helford with a rigorous risk management framework for capital preservation embedded within the model. Helford Global I is Helford’s flagship fund.
Nick Moran the COO of Helford Capital Partners, says: “It’s essentially a systematic trend-following strategy designed to deliver consistent
SIX Swiss Exchange has reported a year-on-year increase in trading activity with trading turnover up by 5.9 per cent to CHF 824.7 billion in the first seven months of 2017.
This trend was also reflected in the number of transactions, which rose by 4.2 per cent to 30,109,594. Turnover averaged CHF 5.7 billion per trading day over this period. There was one additional trading day in the corresponding period in 2016.
There were 4,166,288 transactions on SIX Swiss Exchange last month, generating trading turnover of CHF 102.2 billion. This equates to a month-on-month decrease of 15.0 per cent in
A small hedge fund based in Park City, Utah is using ‘insider information’ to generate impressive returns for investors.
The Insiders Fund, managed by veteran investor Harvey Sax (pictured), has generated one-year returns of 33.02 per cent net of all fees. That performance ranks the Fund amongst the top 20 “Long/Short” hedge funds in the world.
“Everyone knows the best stock market information is inside information,” says Harvey Sax, portfolio manager of The Insiders Fund. “It’s common sense that no one knows a business and its prospects better than the people running it.”
“Most people think that trading
Antipodes Partners Limited (Antipodes Partners), a boutique Australian investment management firm, has launched a UCITS version of its flagship long/short global equity fund.
The Antipodes Global Fund – UCITS, which was launched with AUD125 million of cornerstone assets, has come to the market in response to strong demand from European and Asian investors. It is the first sub-fund of the Pinnacle ICAV, a Dublin-based UCITS umbrella distributed by Pinnacle Investment Management, a leading Australian multi-boutique platform with over AUD20 billion in AUM across its affiliate managers.
A pragmatic value manager of global equities, Antipodes Partners was founded in 2015
Gemini Trust Company has provided Chicago Board Options Exchange (CBOE) and its affiliates with an exclusive global license to use Gemini’s bitcoin market data for bitcoin derivatives and indices.
Gemini is a digital asset exchange and custodian that allows customers to buy, sell, and store digital assets such as bitcoin and ether. Gemini is a New York trust company that is subject to fiduciary obligations, capital reserve requirements, and banking compliance standards of the New York State Department of Financial Services.
Under the terms of the agreement, CBOE will have a multi-year exclusive global license permitting it to use
All seven of the MV Index Solutions (MVIS) investable Long/Short Equity Indices recorded positive performance in July.
The MVIS Asia (Developed) Long/Short Equity Index and the MVIS North America Long/Short Equity Index led the way with returns of 1.78 per cent and 1.73 per cent respectively, followed by the MVIS Global Long/Short Equity Index (1.32 per cent) and the MVIS Global Event Long/Short Equity Index (1.31 per cent).
The MVIS All World Long/Short Equity Index returned 1.24 per cent, while the MVIS Emerging Markets Long/Short Equity Index and the MVIS Western Europe Long/Short Equity Index recorded 1.20 per cent
PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 150.3 TWh in July 2017, which represents an increase of 75 per cent compared to the previous year (July 2016: 86.1 TWh).
Growth in volumes was observed across spot and futures market segments.
Spot trading volumes in July reached 54.2 TWh , an increase of 35 per cent on the previous year (40.3 TWh). On the Dutch market area TTF, 13.2 TWh were traded, 6 per cent more than in July 2016 (12.5 TWh). The German delivery zones NCG and GASPOOL saw volumes of 18.3
The European Energy Exchange (EEX) and IncubEx are teaming up in a bid to build and improve liquidity in environmental and other related contracts.
In this framework, the partners aim to increase the number of active participants at the exchange and to create a global trading network. The cooperation involves existing environmental products and aims to continuously extend and improve the offering to clients.
EEX has established significant market share in the primary and secondary markets of the European Union Emissions Trading Scheme (EU ETS). Under the cooperation agreement, EEX and IncubEx will join forces in product development, marketing
