Managers
Credere Capital, a London-based alternatives asset manager, has launched the Trium Credere Fund, managed by hedge fund specialist, Oliver Dobbs. The fund adopts a traditional arbitrage and relative value strategy, trading in hybrid securities and derivatives markets globally.
Since inception in September 2017, the Cayman Fund has posted strong performance with low volatility versus its peers.
The Fund has a global mandate investing in a wide range of asset classes. It seeks to identify mispricing around event-driven opportunities, such as new capital raises, regulatory changes, spinoffs, shareholder buy backs, security issuance, ratchets, restructuring and capital structure adjustments.
Dobbs applies
Digital Mosaic Capital, a US hedge fund that invests in marketplace loans and digital specialty assets, has formed a strategic partnership with Alpha JWC Ventures, a Southeast Asian venture capital firm.
This strategic partnership includes both capital injection and synergy co-creation where Alpha JWC Ventures contribute its deep Fintech expertise, extensive network, and access to its portfolio of leading Fintech companies in Southeast Asia, while Digital Mosaic brings its innovative proprietary platform, and its fixed income trading expertise.
The capital injection is to facilitate Digital Mosaic’s global reach in Southeast Asia, development of technology and building its distribution capabilities.
PEGAS, the pan-European gas trading platform operated by Powernext, saw strong overall volumes on its spot segment with 90.7 TWh in January 2018.
A monthly record was also established on the German hub GASPOOL with 13.5 TWh (previous record: 12.7 TWh in January 2017). The total monthly traded volume amounted to 162.9 TWh (January 2017: 165.7 TWh).


Spot trading volume in January amounted to 90.7 TWh , representing an increase of 5 per cent over the previous year (86.4 TWh). The Dutch market area TTF recorded the biggest jump with 27.9 TWh, up 43 per cent (January 2017: 19.5 TWh).
Estera played a key role in Bermuda’s thriving Insurance Linked Securities (ILS) market in 2017, and predicts another good year in 2018.
The European Energy Exchange (EEX) achieved a total volume of 240.9 TWh on its power derivatives markets in January 2018(January 2017: 291.1 TWh), with 140.3 TWh traded at EEX via Trade Registration with subsequent clearing.
Clearing and settlement of all exchange transactions was executed by European Commodity Clearing (ECC).
On the markets for France (23.8 TWh, +42 per cent), Spain (5.3 TWh, +30 per cent) and Italy (46.6 TWh, +89 per cent), EEX was able to significantly increase volumes year-on-year. On the German markets, nearly 80 per cent of the total volume was traded in the Phelix-DE Future which
In 2018 to date, a total of 5,949,142 transactions have been executed on SIX Swiss Exchange and SIX Structured Products Exchange, a year-on-year rise of 41.6 per cent.
There were 5,731,066 trades in the equities including funds + ETPs segment, equating to an increase of 42.3 per cent. There were 32,971 transactions (+10.6 per cent) in the CHFbonds segment.
In 2018 to date trading turnover across all securities is up 3.5 per cent on the corresponding period in the previous year at CHF124.7 billion.
Average daily trading turnover in January 2018 came in at CHF5.9 billion. This increase
Carey Olsen has advised entities managed by The Carlyle Group and affiliates of Värde Partners on the AUD1.2 billion restructure and recapitalisation of the Bis Industries group, an Australian resources logistics and materials handling provider.
VIA AM has partnered with Societe Generale to launch two Smart Income equity funds, which aim to offer exposure to companies benefitting from high dividend payouts and solid fundamentals, while halving the risks associated with equities.
This collaboration allows VIA AM to use its expertise in fundamental systematic strategies and hedging, while drawing upon Société Générale’s globally recognised know-how in derivatives and leading infrastructure.
The two funds, Solys VIA Smart Income Europe and Solys VIA Smart Income World, aim to generate net returns of 4-5 per cent per year, more than 20-25 per cent above their benchmarks. Thanks to
2017 marked the first time the Preqin All-Strategies Hedge Fund benchmark has seen a full calendar year of positive monthly returns.
Full-year performance of 11.41 per cent for the industry – the highest level since 2013 – has improved investor confidence in the asset class, and prompted four quarters of net inflows of capital. Seventy-two per cent of investors feel their hedge fund portfolios met or exceeded expectations in 2017, a reversal from the year before, in which 66 per cent of investors thought they had underperformed.
This confidence has led to net inflows of almost USD50 billion across
The State Street Global Investor Confidence Index increased to 102.1 in January, up 6.4 points from December’s revised reading of 95.7.
Investors across all regions showed an improved appetite for risk, with the European ICI rising by 16.0 points to 113.4, the Asian ICI increasing by 6.1 to 100.8, and the North American ICI increasing by 1.7 points to 97.2.
The Investor Confidence Index was developed by Kenneth Froot (pictured), and Paul O’Connell at State Street Associates, State Street Global Exchange’s research and advisory services business.
It measures investor confidence or risk appetite quantitatively by analysing the actual
