Funds
Frankfurt-based Tungsten Capital Management’s Artificial Intelligence CTA programme, which was taken live 12 months ago, has delivered strong returns.
The firm's UCITS CTA Tungsten TRYCON Basic Invest HAIG had previously been managed as a trend follower like most of its peers.
After many years of research, it has left the beaten path that CTAs have traditionally taken and redefined the CTA concept, employing sophisticated statistical methods from the field of Artificial Intelligence.
The new “QuantMatrix” strategy was taken live in September 2013. Since then, the fund has returned 11.9 per cent, with a volatility of only 7.4 per
UBS Global Asset Management this week announced the listing of four ETFs on the London Stock Exchange. The funds track the Dow Jones Global Select Dividend and MSCI Emerging Markets SRI indices as well as the MSCI USA index.
The UBS DJ Global Select Dividend UCITS ETF is a new product offering exposure to the top dividend paying companies globally. The underlying index is weighted by dividend yield with the constituent stocks selected on fundamental strength relative to peers, subject to dividend strength and liquidity.
UBS was the first asset manager to offer ETF exposure to the MSCI Socially
Bitcoin, gold and sterling exchange Netagio has partnered with Isle of Man payment services provider WalPay, allowing customers to deposit funds and receive international payments in GBP, EUR and USD.
Further currencies are to follow.
The new banking facilities, in place from 25 September 2014, are underpinned by European banking partners that are authorised and regulated in accordance with the European Payment Services Directive.
In addition, the partnership with WalPay will soon enable Netagio customers to make credit and debit card payments to their Netagio trading accounts, once the integration has been completed. Any Netagio customer holding a
Monetary policy divergence is not the only kind of divergence in the global economy that is contributing to a prolonged global and US economic expansion, says BNY Mellon Chief Economist Richard Hoey…
Currency markets can be a mechanism for redistributing growth and inflation within the global economy. “Expectations of future monetary policy divergence have been generating favourable trends in currency divergence. We expect a prolonged global and US economic expansion.
With a reduction in the fiscal drag and the deleveraging drag, combined with the gradual adjustment of the financial system to restrictive financial regulation, some acceleration in the pace of
Listed hedge funds have outperformed the S&P 500, the HFRI Fund Weighted Composite index and the HFRI Fund of Funds index, according to research from alternatives investment bank Dexion Capital.
The analysis compared the returns from single manager listed hedge funds against the indices peak-to-peak from November 2007, the last market peak, through to August 2014, the current market peak.
Over the period, the S&P 500 has generated total returns of 50.3 per cent (6.1 per cent pa), HFRI’s Fund Weighted Composite has returned 20.6 per cent (2.8 per cent pa) and the Fund of Funds Composite index returned
Ramius, the global investment management business of Cowen Group, has partnered with Quadratic Capital to launch an options-based, fundamental global macro strategy.
Quadratic Capital employs liquid options and swaptions across asset classes and seeks to deliver an absolute return, fundamental global macro strategy with low volatility and defined risk.
Quadratic Capital is led by managing partner and chief investment officer Nancy Davis. Davis spent ten years at Goldman Sachs, including seven as a trader for the proprietary group. She was also a portfolio manager at Highbridge Capital Management, where she managed USD500 million of capital, and was the Director
Wolf Hedge, a management company for Seven Sages Long Short Fund, has launched its second fund, Wolf Hedge Global LP.
The fund’s registration has been filed in Delaware and the Cayman Islands.
Wolf Hedge will be taking subscriptions of USD1 million+ from accredited and institutional investors.
The fund, which is open to investors, will use a global macro trading strategy. It will invest in publicly trading equities, ETFs, currencies, bonds and insurance products.
Mark Malik, Wolf Hedge CEO and the fund’s manager, says: "Our focus will still be long-short but in a bigger and broader universe. We
Global Advisors Bitcoin Investment Fund (GABI) completed its initial offer period in early September, and has now taken the first step to deploy the fund’s assets into bitcoins.
Recent price weakness has been observed and attributed to a series of factors. The withdrawal of UK banking services on the Isle of Man, issues with the NYDFS Bit-license, Russian Treasury comments and weakness in gold markets are elements which contributed to recent price weakness.
Global Advisors says it timed its entry to the bitcoin market accordingly and believes the resulting entry point represents an opportune moment to initiate this first
Fuchs & Associés Group has been granted authorisation by the CSSF for Fuchs Asset Management SA, its Luxembourg-based super management company (Super ManCo).
Fuchs Asset Management SA, which was created on 10 June 2014, operates in accordance with Luxembourg’s laws on undertakings for collective investment schemes (UCITS) and the Alternative Investment Fund Managers Directive (AIFMD).
Fuchs Asset Management offers a wide range of services for investment funds within structures governed by the UCITS and AIFMD directives, including private equity and real estate funds, as well as structuring solutions, risk management and compliance and the relocation of funds. Fuchs Asset
London-based Source, one of Europe’s leading ETF providers, this week announced that it was launching its first product in the US. Source’s first investment product to be listed on the New York Stock Exchange is the Source EURO STOXX 50 ETF, which offers highly liquid exposure to the largest blue chip stocks in the Eurozone.
The firm’s US launch is spearheaded by a management team of ETF veterans led by co-founders Ted Hood, CEO, and Peter Thompson, Chief Strategy Officer. They are joined by Executive Chairman Lee Kranefuss, an ETF pioneer and the architect of iShares, and Senior Advisor Richard
