Funds
The G10-Rosseau Special Situations Fund (US) LP, managed by Rosseau Asset Management of Toronto, earned the top position in 2016 among the 4,099 hedge funds tracked by BarclayHedge with a 156.32 per cent annual return.
Rosseau funds also took the second and sixth spots with returns of 155.94 per cent and 128.89 per cent, respectively.
Warren Irwin, president and chief investment officer, says: "The strong rebound in the resource sector was very refreshing after years of challenging markets. We spent the downturn focused on finding the best special situations available and were rewarded handsomely for our efforts in 2016."
ML Capital has launched the Quest Convertible Absolute Return UCITS Fund, a convertible arbitrage strategy, hosted on the MontLake UCITS Platform.
MontLake is an independent platform for UCITS funds that provide investors with access to a range of liquid, transparent and regulated investment products domiciled in Dublin.
The MontLake Quest Convertible Absolute Return UCITS Fund uses a fundamentally and quantitatively driven strategy that yields superior risk-adjusted, uncorrelated returns. This strategy seeks to capitalise on the global macro cycles of equity, credit and interest rates that drive the constantly changing valuations in the convertible universe.
Quest's investment philosophy is
The Lyxor Global Macro index outperformed during the first week of March, up 1.3 per cent.
More generally, it was a strong start to the month for hedge funds, according to Lyxor’s latest Weekly Brief.
The Lyxor Hedge Fund Index was up 0.8 per cent last week, after having delivered 1 per cent in February. All the strategies ended the week in positive territory, and although Event-Driven lagged somewhat (+0.2 per cent), it remains the best performing strategy year to date.
Lyxor Cross Asset Research writes: “Is alpha back? There has been much discussion recently about the fact
Last year the number of hedge fund launches globally fell by an estimated 40 per cent, but despite this there have been a number of positive developments for the funds industry in the BVI.
One is the creation of an AIFMD opt-in regime for the BVI, called the Securities and Investment Business (AIFMD) Regulations, as the BVI looks to seek approval from the European regulator, ESMA, for third country equivalence and introduces into the BVI an AIFMD equivalent regime.
"Secondly, there is fairly advanced work on updating the BVI's Partnership Act. This statute is due a refresh and expected to
Eze Castle Integration, a provider of strategic IT solutions and cloud services to the alternative investment industry, has been named Best Cloud Provider in the 2017 Hedgeweek Global Awards 2017.
The annual reader’s choice award programme honours excellence among hedge fund service providers.
Keeping the winning streak going, Eze Castle Integration won three additional awards. The company was named “Best IT Consultancy” in the HFM US Technology Awards, “Best Cloud Solution” in the Fund Technology and WSL Awards, and received placement on CRN’s 2017 Managed Service Provider 500.
“Our clients rely on Eze Castle Integration to be their
Invast Global, a Sydney-based prime services provider, has been named Best Specialist Prime Broker at the 2017 HedgeWeek Global Awards.
With a unique peer-review voting structure, the Hedgeweek Global Awards have grown to become one of the most prestigious and eagerly anticipated awards in the global hedge fund industry.
During an elegant luncheon ceremony held amongst the opulent halls of the Reform Club in London’s Mayfair district, Australian-based, Japanese-backed multi asset prime broker Invast Global was voted HedgeWeek Global Awards 2017 Best Specialist Prime Broker. Past winners of the Best Prime Broker award are Societe Generale Prime Services (2015)
For the third consecutive month, over 70 per cent of all hedge funds produced positive results in February, according to eVestment’s latest Hedge Fund Industry Performance Report.
eVestment writes that the industry has needed to show consistency and decent returns to stem redemptions. Returns in 2017, and over the last 12 months, are much needed positive signs.
After average losses of 6.74 per cent in the last six months, and redemptions accelerating from the universe in Q4 2016 and into 2017, the largest managed futures funds excelled in February, returning +3.36 per cent, their best month since June 2016.
Broadridge Financial Solutions has extended its global post-trade control capabilities for sell-side and buy-side firms in capital markets through the acquisition of Message Automation, a provider of post-trade control solutions.
"Broadridge is a global leader in driving technology innovation and business model transformation. The addition of Message Automation will enhance our ability to help companies to reduce risk and enhance compliance while improving operational efficiency," says Charlie Marchesani, president of the global technology and operations division of Broadridge.
"This is the third acquisition related to broadening our post-trade and data analytics capabilities. These recent acquisitions in securities financing, collateral
Risk technology specialist Numerix has acquired TFG Financial Systems, a real-time risk, P&L and position management system.
TFG’s dependency graph capabilities, at the heart of its SaaS risk and portfolio management software and technology framework, will be leveraged to provide core real-time, distributed, event-driven processing capabilities in Numerix Oneview enterprise trading and risk solutions.
“Built on a real-time, distributed, fault tolerant, event-driven calculation framework with dynamic directed graph technology, TFG is a state-of-the-art software built for real-time systems. We’re proud to be adding the highest level of performance for front office real-time scenarios – spanning solutions for automated structured
Hathersage Capital Management, a global macro investment manager specialising in G10 currencies and absolute returns, has won the Best Foreign Exchange Hedge Fund award at the Hedgeweek Global Awards 2017 ceremony in London.
Hathersage manages the Citi Access Hathersage G10 Macro Access Strategy.
Hedgeweek Global Awards 2017 for excellence among hedge fund managers were determined by the votes of Hedgeweek readers who include investors and managers as well as other industry professionals at firms including fund administrators, custodians, accountants and auditors, law firms, consultants and fund distributors.
Established in 2003, Hedgeweek is the industry's leading digital publisher covering
