Managers
The European Energy Exchange (EEX) has published the 2022 calendars for the auctions of EU Aviation Allowances (EUAA) for the EU Member States as well as for the auctioning of EU Emission Allowances (EUA) for the UK in respect of generation of electricity in Northern Ireland for the single wholesale electricity market in Ireland and Northern Ireland.
This has been coordinated with the European Commission, the EU Member States and the EEA EFTA states participating in the common auction platform (CAP3) as well as with the competent authorities of Germany and Poland, as well as with UK authorities.
In its
Strong gains in Emerging Markets (EM) hedge funds focused on India, Russia, and the Middle East continued to lead through Q3, navigating macroeconomic challenges of inflationary pressures, global supply chain constraints, and the emergence of the Omicron coronavirus variant, with performance topping EM regional equity markets and again being complemented by volatile cryptocurrencies.
The HFRI Emerging Markets (Total) Index has returned +5.6 per cent YTD 2021 through November, led by the HFRI Emerging Markets: India Index, which has vaulted +35.0 percent YTD, while the HFRI Emerging Markets: Russia/Eastern Europe Index surged +22.7 percent, as reported by the latest HFR Asian Hedge
Hedge funds focused on emerging market economies remain in solid form, with India-focused managers powering ahead in the run-up to year-end.
India-focused funds are set be the “big performance winners” in 2021, eVestment said on Wednesday, despite losing more than 2 per cent in November.
Overall, emerging market strategies are up 5.27 per cent since the start of the year, with hedge funds trading India (whose returns stand at 40 per cent YTD) as well as Russia (up 11.52 per cent, despite a near-6 per cent November loss) driving performance.
On the flipside, Brazil-focused managers have tumbled almost 20
London platform Falcon Investment Management is planning to launch a fund of crypto hedge funds with the goal of raising USD250 million for the new product over the next year.
Due to debut in January, the Cayman-domiciled Falcon Fund of Funds will initially invest in five crypto-focused hedge fund teams that sit within Falcon’s platform and are subject to the firm’s risk and compliance controls.
The five separate teams manage arbitrage, market neutral, volatility, directional, and DeFi focused crypto strategies. The fund will charge one and 15, with monthly liquidity. There in an investment minimum of USD100,000.
The plan is
French systematic equity hedge fund Quantology Capital Management has launched a novel computer-based strategy which trades in the metaverse.
Alternative investment firm Angelo Gordon has appointed Allison Binns, former Executive Director for Global Sustainability Research at Morgan Stanley, as Head of Environmental, Social & Governance (ESG) and Sustainable Investing Strategies.
In this new role, Binns will lead and drive a best-in-class, strategic approach to ESG integration and opportunity across Angelo Gordon’s global platform. Binns will report to Josh Baumgarten and Adam Schwartz, Angelo Gordon’s co-Chief Executive Officers.
Spot Intraday markets operated by EPEX SPOT were up 17 per cent y-o-y in November to 11.1 TWh with Nordic markets reporting a new high to 428.9 GWh (previous record in July 2020: 346.5 GWh).
Both Swiss and Greek Power Futures reported triple-digit growth to 1.7 TWh and 1.4 TWh respectively, while Austrian Power Futures hit a new record with 6.2 TWh traded (previous record in December 2019: 4.6 TWh).
Japanese Power Derivatives achieved a volume of 554.1 GWh (+269 per cent), while US Power Derivatives recorded 247.3 TWh, increasing by 142 per cent compared to the same period last year.
CTAs’ run of positive performance over the last 12 months came to an abrupt end in November, as news of the Omicron Covid-19 variant hit markets at the end of the month, according to the latest figures from Society Generale.
The flagship SG CTA Index was down -3.79 per cent in November but is still strongly positive so far this year at 5.71 per cent. Likewise, the SG Trend Index lost -4.71 per cent for the month, but still stands up 8.59 per cent year-to-date, with one month still to go.
All of the individual CTA constituents of both indices
Maso Capital, an event driven and convertible arbitrage-focused hedge fund based in Hong Kong, was established in 2012 by Manoj Jain and Sohit Khurana, who previously managed money for Och-Ziff’s Asia-focused strategies.
MFA supportive of DOL’s efforts to remove barriers to plan fiduciaries’ ability to consider ESG factors
MFA supportive of DOL’s efforts to remove barriers to plan fiduciaries’ ability to consider ESG factors