Managers
Healthcare-focused equity hedge fund Rhenman & Partners scored a near-12 per cent return in the first six months of the year, as a number of correct calls in biotechnology and pharmaceuticals stocks drove gains in June.
REYL & Cie’s investment team has highlighted the strong performance of hedge funds over the past two years in the company’s latest Quarterly Compass investment update.
REYL & Cie says performance has been between 5 per cent and 11 per cent per annum, with all major strategies performing with a strong dependence on global equity markets, but with a low sensitivity (beta). Indeed, the correlation of the Global Hedge Index with the MSCI World has been around 90 per cent on a weekly basis over the last two years.
Despite these strong correlations and the very good performance of equities
The European Energy Exchange has today launched a new Zero Carbon Freight Index (ZCFI), enabling players in the Dry Freight market to see, for the first time, how the cost of carbon emissions could affect freight prices.
The ZCFI comes as the EU prepares to unveil legislation this week, which is likely to include the extension of the EU ETS to the maritime sector. Once these rules are in place, ship owners and operators will be required to take part in the EU Emissions Trading Scheme (ETS). As a consequence, the shipping industry will now have to factor in the
Global alternative asset management group Tikehau Capital has launched Tikehau Impact Credit (TIC), pioneering an impact approach in the high yield universe.
Read the full story at Private Equity Wire…
Bullish, a technology company focused on developing financial services for the digital assets sector, is to go public through a merger with Far Peak Acquisition Corporation (NYSE: FPAC), a special purpose acquisition company (SPAC).
Read the full story at Prirvate Equity Wire…
Hedge funds gained more than 10 per cent in the six months of 2021, the industry’s strongest first half performance in 22 years, despite June seeing a shift in market sentiment which moderated the sector’s monthly returns. Now, managers are positioning for a “dynamic performance environment” heading into the second half of the year, shaped by ongoing Covid concerns, as well as energy and tech trends.
Hedge Fund Research’s main Fund Weighted Composite Index – a monthly measure of more than 1400 single manager hedge funds’ performance across all strategy types – gained 0.4 per cent in June, putting the
As investors look to strengthen portfolio performance amid a shifting economic landscape, a new Barclays study suggests hedge funds now offer “a compelling alternative” to fixed income allocations, and may prove key to bumping up returns as allocators adapt to a “shifting paradigm”.
Barclays’ report – titled ‘The Alternatives’ Alternatives: Hedge Funds as Alternatives to Long-Only Fixed Income’ – analysed more than 2,000 hedge funds. It explored the role played by hedge funds within broader investment portfolios during a number of market environments.
The study found investor sentiment towards long-only fixed income products is growing “significantly negative”, adding that hedge funds offer “a compelling alternative”,
In this wide-ranging Q&A, Arnaud Sarfati, CEO and co-founder of Paris-based quantitative asset manager LFIS Capital, discusses how the firm is tackling ESG implementation in its quant strategies, touching on portfolio constraints, evolving regulation, auditing concerns, and “data exhaustivity”.
Waystone, a provider of institutional governance, risk and compliance services to the asset management industry, has secured a significant investment from Montagu Private Equity.
The investment represents a significant opportunity for Waystone to build upon its current expansion plans and continue to invest in offering its clients an extensive set of global solutions. The investment, which is subject to regulatory approval, will see Montagu take a strategic stake in the business and support the next phase of Waystone’s growth.
The investment will also conclude Waystone’s successful partnership with MML Capital Partners (MML) following their investment in 2019. With MML’s support,
By Ben Axler, CIO and Founder of Spruce Point Capital Management – When I started my investment management firm in 2009 after a career in investment banking, I felt emboldened to fix certain structural problems in the industry I was leaving.
