Managers
SS&C Technologies Holdings, Inc has announced that the SS&C GlobeOp Forward Redemption Indicator for May 2021 measured 2.46 per cent, down from 2.07 per cent in April.
“SS&C GlobeOp’s Forward Redemption Indicator of 2.46 per cent for May 2021 represents a reduction in redemption notices compared to the 4.00 per cent reported a year ago,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “The 2.46 per cent reported for the indicator marks the eleventh consecutive month of year-over-year reduction in hedge fund redemptions, as well as the lowest level of redemptions for any month of May since the Forward
Exegy Incorporated, a specialist in low-latency solutions for global market data, predictive trading signals, and hardware-acceleration technology, and Vela Trading Systems (Vela), a provider of data and execution technology for global multi-asset electronic trading, have merged business operations in an agreement backed by Marlin Equity Partners, a global investment firm with over USD7.5 billion of capital commitments under management.
Operating as Exegy Incorporated, the combined company creates a new provider of premier data and execution platforms, managed services for electronic trading powered by proprietary hardware-acceleration, Artificial Intelligence (AI), and service automation technologies.
“Exegy’s combination with Vela represents an exciting
Private capital platform iSTOX is rebranding as ADDX as it enters a phase of fast-paced growth. The digital securities exchange will facilitate more issuance deals – at least 20 this year, more than double the number of deals completed in 2020.
Read the full story at Private Equity Wire…
ESG-focused funds have rightly been receiving a lot of attention over the last 12 months or more, as institutional investors continue to analyse the impact their portfolios are having on the planet, and society at large.
Managed futures funds produced a third straight positive month in April returning 1.43 per cent, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year to date, CTAs returned 3.80 per cent through April.
“Strong performance in commodity and equity markets were enough to overcome losses in currency and fixed income sectors,” says Sol Waksman, president of BarclayHedge.“
All but one of the sectors tracked in the Barclay CTA Indices were in the black for March. The Cryptocurrency Traders Index set the pace gaining 9.75 per cent, while the MPI Barclay Elite Systematic
Event driven strategies topped the hedge fund performance chart during the first three months of the year, as the industry drew some USD9 billion in new capital in Q1 and saw trading volumes surge, new analysis by hedge fund asset administrator Citco shows.
Citco Fund Services’ ‘2021 Q1 Hedge Fund Report’ probed strategy performance, investor flows and trading volumes, among other things.
The study found that close to three-quarters – 73.4 per cent – of hedge funds delivered a positive return during Q1 as the strong performances at the end of 2020 carried through into the new year.
The quarterly
The hedge fund industry added to its gains in April, returning 2.14 per cent as the industry posted a sixth consecutive month in the black, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. By comparison the S&P 500 Total Return Index gained 5.34 per cent in April.
For the year to date, the hedge fund industry gained 7.06 per cent through the end of April. The S&P 500 Total Return Index returned 11.84 per cent over the same period.
All sectors but two tracked in the Barclay Hedge Fund Indices were in positive
Brummer & Partners’ flagship multi-strategy fund has slipped into the red so far in May according to mid-month estimates, with a sharp dispersion in returns across its underlying equity, macro and trend-following strategies – but the long-running Stockholm-based vehicle remains in positive territory year-to-date.
Brummer Multi-Strategy, which comprises a range of hedge fund sub-strategies, has lost 0.8 per cent in the first two weeks of May, the firm said in an update on Tuesday. Despite the recent dip, the strategy’s SEK class is still up 1.1 per cent since the start of January.
The twice-levered BMS 2xL version of the
London-based global long/short equity hedge fund Pembroke Emerging Markets is rolling out a UCITS version of its Cayman strategy to tap into growing investor demand for uncorrelated emerging markets exposure.
Pembroke, a boutique EM equities strategy operating under the umbrella of UK-based multi-boutique investment firm BennBridge, is led by equities and derivatives market veteran Sanjiv Bhatia, a former Harvard Endowment portfolio manager and Goldman Sachs trader.
The existing Cayman strategy, which launched in April 2018, has generated a net annualised return of more than 10 per cent, with a Sharpe ratio of 1.83 and 5.7 per cent volatility, since inception.
The
The European Energy Exchange (EEX) has set a new milestone in its Power Derivatives business by becoming the No1 platform in Japan Power Futures trading in less than 12 months.
In the first quarter of 2021, EEX achieved a 96 per cent market share of volume with 2.32 TWh traded in the first three months of the year.
“As the biggest exchange in power trading worldwide, EEX has a proven track record in building new markets together with its customers. I’m very proud of what we have achieved in Japan over the past 12 months and in particular, our market
