Managers
The fallout from the Covid-19 pandemic continues to reshape the global macroeconomic and geopolitical landscape, driving both uncertainty as well as opportunity for macro managers – and the Best Macro Hedge Fund category at this year’s Hedgeweek Americas Awards will honour those managers who have successfully steered their strategies through the assortment of rapidly-evolving macro trends.
Macro hedge funds bet on broader macroeconomic trends and themes by trading a range of markets and indices, going long and short across equities, bonds, currencies, and commodities, among others.
The strategy has traditionally been home to many of the hedge fund industry’s best-known
Cairn Capital Group (Cairn Capital), supported by Mediobanca as its majority shareholder, has completed the acquisition and merger with Bybrook Capital (Bybrook).
Bybrook is a London-based specialist credit manager, focused on absolute value stressed/distressed debt and special situations in Europe. It has established an outstanding track record since inception. Bybrook currently manages approximately USD2.4 billion on behalf of top tier international institutional investors.
The merger creates a leading European-focused credit manager with global reach and proven track records across the credit spectrum. The combined firm has approximately USD9 billion of assets under management across leveraged finance, structured credit, special
Insch Kintore, the currency and gold-focused CTA hedge fund run by ex-AHL director Christopher Cruden, remains up this year as the precious metal continues on its rollercoaster ride.
Geneva Capital Partners, a European high-yield credit-focused family office founded by former RBS principal strategies head Steven Behr, is opening up to outside money.
Established by Behr as a family office in 2013, GCP runs a long/short high-yield opportunistic strategy trading corporate credit. The London-based firm currently has USD18.7 million in assets under management.
The firm takes a bottom-up, research-driven approach to credit investing, running a highly-diversified portfolio comprising 55 positions across Europe.
Behr’s decision to come out of retirement to manage external capital follows several years of strong performance for GCP’s strategy. The fund has outperformed its benchmark with
In an endless hunt for yield, fund managers are eyeing the CLO market as an attractive opportunity – and it is easier than ever for them to access it.
By Robin Pagnamenta – In a world of rock bottom interest rates, asset managers are engaged in a relentless hunt for yield.
Global investor services group IQ-EQ’s Specialist regulatory hosting and outsourced compliance business, Lawson Conner, has rebranded as IQ-EQ.
IQ-EQ completed the acquisition of Lawson Conner in 2018, adding appointed representative and AIFM solutions to its comprehensive range of existing compliance, administration, asset and advisory services for investment funds. Integrated and working seamlessly as part of the Group, the time has come for Lawson Conner to embrace the IQ-EQ brand and operate as an integral part of the Group’s overall service offering.
Rachel Aldridge, Managing Director, Regulatory and Compliance Solutions at IQ-EQ, says: “As we evolve our business to better
Hedge funds’ returns more than doubled from Q1 to Q2, as commodities-focused managers powered ahead on the back of the spring oil price surge, and larger funds’ gains outweighed smaller funds’ performance, new analysis by hedge fund asset administrator Citco shows.
Hedge funds’ weighted average returns swelled from 2.75 per cent in the first three months of 2021 to some 6 per cent between April and June, according to Citco Fund Services’ latest ‘2021 Q2 Hedge Fund Report’.
More hedge funds ended the second quarter in positive territory, with 82 per cent of managers scoring a positive annual return in
West Realm Shire Services Inc (FTX.US), a US-regulated cryptocurrency exchange, has executed a sale and purchase agreement to acquire Ledger Holdings Inc, parent company of LedgerX, a Commodity Futures Trading Commission (CFTC) regulated digital currency futures & options exchange and clearinghouse.
The acquisition is anticipated to close, pending satisfaction of customary closing conditions.
Brett Harrison, President of FTX.US, says: “This acquisition marks a significant milestone for our rapidly growing US business and is a key part of our strategy to bring regulated crypto derivatives to our US user base. We believe the integration of our technological capabilities, product portfolio and
“Dig deeper”: Why Syz Capital is looking beyond hedge funds and private equity in hunt for uncorrelated returns
“Dig deeper”: Why Syz Capital is looking beyond hedge funds and private equity in hunt for uncorrelated returns