Funds
Hedge funds advanced again in March, concluding a first quarter that saw gains in all three months and adding to a period of extended positive performance that has seen industry returns climb for five consecutive months and 12 of the last 13 months, according to data released by HFR.
The HFRI Fund Weighted Composite Index (FWC) advanced +0.24 per cent for the month, topping the March performance of both the S&P 500 and DJIA.
The March gain extends the HFRI FWC Index Value to 13,252, the fourth consecutive monthly record. For 1Q17, the HFRI is up 2.3 per cent,
StatPro Group, an AIM listed provider of cloud-based portfolio analysis and asset pricing services for the global asset management industry, has agreed to buy UBS’ risk and performance analytics service, UBS Delta.
UBS Delta will enable StatPro to extend its risk and performance analytics service from the middle office to the front office of asset managers.
The acquisition is phased over three to five years as StatPro incorporates UBS Delta’s functionality into its flagship product, StatPro Revolution.
Throughout the transition, and until StatPro has fully integrated UBS Delta’s functionality, UBS will continue to operate and support UBS Delta
Established in 2013, New York-based Wavelength Capital Management is an independent investment management firm specialising in liquid, transparent, and cost-effective investment solutions designed to preserve assets and produce returns in any economic environment.
"We focus on research-driven, insights powered by technology," says Mark Landis (pictured), who co-founded Wavelength with Andrew Dassori. "We invest using a systematic approach that applies quantitative tools to process fundamental economic and market information. We seek to empower our clients through transparency in what we do, sharing our thought leadership, and our mission is to deliver the best balance of risk and return for their financial
Hathersage Capital Management LLC is a discretionary global macro investment manager founded in 1991. The firm is a foreign exchange specialist, expressing its global macro views strictly in G10 currencies, using interbank spot, forwards and vanilla options.
The portfolio management team at Hathersage has a wealth of experience in the foreign exchange markets. Members of the team have been managing substantial FX-only portfolios for more than three decades. The team combines that experience with its knowledge of options pricing and options trading in structuring a portfolio of directional exposures based upon fundamental macroeconomic analysis.
In today's marketplace, investors have begun to
Blue Diamond Asset Management is an independent privately owned company based in Pfaffikon, Switzerland. The team of four investment professionals and one COO has a singular focus on trading equity volatility.
Since the strategy launched on 30 September, 2011 it has generated a net annualised return of 21.34 per cent.
To demonstrate the robustness of the strategy, it has generated positive returns during both negative and positive S&P 500 months, showing low correlation to hedge funds and negative correlation to CTA indices.
"Last year the strategy returned 21.78 per cent net and we increased the AUM from USD150 million to USD400
FIS is a global financial services technology company, with a focus on technology, consulting and outsourcing solutions. FIS serves more than 20,000 clients in over 130 countries and employs more than 55,000 people worldwide. It is a Fortune 500 company and is a member of Standard & Poor’s 500 Index. Its cloud-based Hedge360 platform provides a full suite of technology capabilities to support managed accounts, from fund administrators through to platform providers and hedge fund managers.
“With respect to the hedge funds, we’ve certainly seen a rising demand from fund managers offering managed account versions of their strategies,” says Trevor Headley,
London-based Quadra Capital Partners LLP was established in 2013 and became authorised by the FCA in 2014. An independent investment advisory firm, Quadra launched with a conviction that it could add real value in the liquid alternatives space, in particular to European institutional & family offices clients who prefer UCITS funds.
This led Quadra to establishing a SICAV UCITS platform in Luxembourg and saw the release of its first fund – Quadra Capital Global Equity Alpha – in August 2015; a UCITS V-compliant global long/short equity fund with a USD2 billion AUM capacity.
Guillaume Touze is CEO of Quadra Capital. Formerly,
Alternative fund managers who wish to avoid the limitations of running ’40 Act mutual funds, and the risks that come with having to constantly provide daily liquidity, are turning their attention to closed-end interval funds. UMB Fund Services has a decade of experience providing turnkey solutions for managers looking for an elegant route to market.
Although not a new product innovation, interval funds and registered hedge funds offer fund managers the ability to control redemptions and deliver returns that allow illiquidity premia to be more fully realised. The only difference between the two is that the former has a daily
Lyxor Asset Management has teamed up with Harmonic Capital Partners to launch the Lyxor/Harmonic Macro Fund, the first global macro strategy with daily liquidity on Lyxor’s Alternative UCITS Platform.
The new fund allows investors to leverage on investment opportunities created by the diverging paths of US and European monetary policies and economic activity.
Based on a fundamental analysis of global markets, the Fund specialises in relative value spread trading. Multiple independent investment strategies are traded across 36 markets and a broad set of asset classes (such as bonds, interest rates, G10 and Emerging currencies and equity indices).
This
Harvest Global Investments, a Chinese and Asian markets asset manager, has launched its first UCITS-compliant sub-fund, Harvest China Evolution Equity Fund.
The fund will primarily invest in equity or equity-related securities and will provide investors with access to all Chinese investment channels, including Hong Kong listed securities, China companies listed as ADRs and domestic A-share stocks via the stock connects.
The fund will be managed by Yannan Chenye, portfolio manager and head of China research at Harvest. Chenye joined Harvest in 2015, from Amundi Asset Management, where she was the Greater China investment manager. The investment team implements an
