Funds
Michaël Malquarti (pictured), manager of Quaero Capital’s Argos European Equities Long Short Equity strategy, believes European equity markets continue to point to a mid-term bullish picture, from a technical standpoint.
The strategy aims to profit from pockets of market inefficiencies through the application of a systematic and objective investment decision process. By combining powerful value and momentum criteria, the model objectively preselects stocks that statistically offer an attractive performance potential.
“Up to May, out of the selected stocks held constituting the long leg of the portfolio, 53 per cent had a positive absolute price performance and 47 per cent
The Lyxor Hedge Fund Index was down 0.9 per cent last month, with four out of 10 Lyxor indices in positive territory, according to the latest Lyxor Alternative Investment Industry Barometer.
Event Driven funds continued to extend their steady progress in June, supported by their exposures to healthcare and financials. Fixed Income Arbitrage manages outperformed, while CTAs suffered from the bond correction.
“Most micro strategies benefitted from an improving alpha environment since mid-2016. We expect more demanding conditions going forward,” says Jean-Baptiste Berthon (pictured), Senior Cross-asset Strategist, Lyxor Asset Management.” We focus on deep value L/S Equity and Special
Regulatory and fee pressures are forcing the hedge fund industry to evolve, but a lively panel debate at the annual Linedata Exchange Europe client conference in London affirmed that with the right investment approach, infrastructure and distribution strategy, hedge funds will continue to succeed.
Paul McLernon, COO, Pensato Capital said that while regulation is driving up costs and complexities in product development and capital raising, it can also bring about positive change. “We should embrace change as an opportunity,” he said.
MiFID II compliance is a major undertaking for hedge funds and service providers alike. Geoff Galbraith, COO, Man
Tages Capital, in partnership with New York-based alternative investment manager, Atreaus Capital, has launched the Tages Atreaus Macro UCITS Fund.
The new fund is the fifth UCITS alternative fund launched by Tages in the last 12 months, providing UCITS investors with another differentiated hedge fund strategy. The Fund offers investors access to Atreaus’ proven expertise in macro portfolio management within UCITS limits and guidelines. The Fund is launching with a minimum of EUR25 million of institutional capital.
Atreaus is an established global macro hedge fund manager, founded in 2012, with more than USD1.35 billion in assets under management. Atreaus
FundCount, LLC, a provider of accounting and investment analysis software, has achieved the strongest first-half results in the company’s history with the signing of 11 new family office and fund administration clients across the Americas and Asia up to 30 June.
A solid pipeline for the second half of the year suggests that FundCount is poised to continue its impressive growth.
Founded in 1999 and privately owned, FundCount has steadily been gaining market share through increased brand recognition and word-of-mouth as a result of its powerful integrated partnership, portfolio and general ledger accounting solution. FundCount is used by family
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -0.02 per cent in June, slightly underperforming the 0.03 per cent 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.
“Trends observed in the first quarter continued during the second quarter as equity markets appreciated both domestically and globally,” says Jason Schwarz (pictured), President of
UBS Financial Services has invested in iCapital Network, a financial technology platform providing access to alternative investments for high-net-worth individuals and their financial advisors, joining lead investor BlackRock as a strategic partner.
Founded in 2013, iCapital’s online platform offers the high-net-worth community access to a curated menu of alternative investments such as hedge funds and private equity funds. As part of its offering, iCapital provides an end-to-end technology solution automating the unique subscription, administration and reporting processes of these investments, which have historically only been available to institutional investors. iCapital will use the infusion of capital to further develop the
Hedge funds ended their five-month winning streak, ending June down down 0.19 per cent according to preliminary figures for the month released by EurekaHedge.
The average return of the Eurekahege Hedge Fund Index was drawn into negative territory in June as developed market mandates underperformed their emerging market peers; with trend-following and macro strategies lagging behind the pack.
Meanwhile, underlying markets as represented by the MSCI AC World Index (Local) were up 0.18 per cent over the same period. Equity markets posted mixed results with European equities ending the month in the red whilst North American mandates posted modest
The Managed Funds Association(MFA) has launched an updated Institutional Investor Map utilising data from Preqin and a new video series featuring institutional investors explaining, in their own words, the important role hedge funds play in their institutions’ larger portfolios.
“Institutions like pensions, charities and universities across the country represent approximately two-thirds of the industry’s invested assets,” says MFA President and CEO Richard H Baker (pictured). “This project highlights that strong partnership and the important role the industry plays in helping institutional investors across the country provide secure retirements, expand educational opportunities, increase research funding and fulfil charitable missions.”
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Financial solutions provider Profile Software is to acquire 100 per cent of Login SA, an international Treasury specialised provider. Profile Software acquired the majority of Login’s shares on 6 July 2017, and will conclude the acquisition in 2018.
Founded in 1988, Login is based in Paris, France, and specialises in developing financial treasury software. Through its AcumenNet platform, Login is serving front-office, trading, risk management, middle and back office requirements of Banks’ Treasury Departments. The product covers a wide range of asset classes that include, among others, Forex and Money Market instruments, Exchanged Traded and OTC derivatives as well as
