Managers
EEX Group has joined the #We4Europe business initiative making a stand against Euroscepticism and for the European Union.
#We4Europe is an association of companies operating internationally and pursuing the aim of highlighting the advantages of the European Union. The initiative was founded by Peter Terium, Chief Executive Officer of Innogy and former CEO of RWE. Together with Deutsche Börse Group and another 18 renowned German companies, EEX Group advocates a united and strong Europe with this commitment.
Against the background of increasing scepticism and a crisis of confidence in the European Union, nine companies published a statement on the #We4Europe
Eurof Uppington (pictured) is the manager of disruptive innovation strategy at EUR1.5 billion Quaero Capital.
The former long/short technology fund manager is launching a long/short market neutral fund for Quaero, designed to focus on the unexpected pace and impact of radical change. Three areas in particular will benefit from disruption, he believes. Factory automation, pharmacy and the retail sector.
“There is a confluence of different trends,” he says. “Technologies are becoming sufficiently cheap and fool proof for them to be used by everybody.”
The technologies of computing, connectivity, the internet of things, artificial intelligence and robotics automation are part of
Most hedge fund strategies are in positive territory this month, with fixed income arbitrage, event-driven and L/S equity strategies are up in excess of 1 per cent so far, according to the latest Weekly Brief from Lyxor’s Cross Asset Research Team.
The Lyxor Event-Driven broad index is up 7 per cent year to date, with a balanced contribution from merger arbitrage and special situations. On the merger side, positions in the health care sector contributed to gains last week. On a negative note, CTAs gave back some gains last week and stand in the red month to date as a
The SS&C GlobeOp Forward Redemption Indicator for September 2017 measured 3.72 per cent, up from 3.55 per cent in August.
“SS&C’s Forward Redemption Indicator for September 2017 fell to 3.72 per cent as compared to the 4.22 per cent reported for the same period a year ago in September 2016. This decline marks the eighth consecutive month of year-over-year improvement in redemption notices,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “It’s noteworthy that these gains in asset retention have been made in a year of generally bullish financial market performance, indicating that investors are confident that
Optima Fund Management, a fund of hedge funds and hedge fund allocation firm, is making its Optima STAR Long Strategy available in Europe.
STAR Long Strategy offers investors the opportunity to benefit from the highest-conviction stock positions held by Optima’s pick of leading American hedge funds without facing the high-charges and low liquidity that direct participation in such funds inevitably involves.
Focusing on managers working with US equities and American Depositary Receipts (ADRs), Optima has matched its own long experience in investing with the top managers with a lateral approach to the interpretation of US investment regulations, specifically those
Preqin’s latest survey of hedge fund investors finds that the proportion of institutions that feel their hedge fund portfolios have met or exceeded their performance expectations has doubled in the past 12 months.
In June 2016, just 21 per cent of investors reported that their portfolios had reached expectations, but this has risen to 45 per cent as of June 2017. More than half of investors now have a positive or neutral view of the industry, and a third expect performance to improve over the next 12 months. However, investor concerns have not entirely subsided: more than a third have
Paris based Powernext SA, the Austrian Central European Gas Hub AG (CEGH) and Power Exchange Central Europe (PXE) have finalised their plans for the launch of the PEGAS CEGH Czech Gas Market.
All spot products and futures contracts currently available on the PXE gas market will be opened on PEGAS on the 8th December 2017.
PEGAS CEGH Gas Exchange Services, the joint venture established by Powernext and CEGH in 2016, will be responsible for the marketing and development of the PEGAS CEGH CZ products, in cooperation with PXE. All former products of the PXE gas market will be listed under
The European Energy Exchange (EEX) is planning to launch a liquid milk future in the first half of 2018, subject to the approval of the Exchange Council.
EEX will be the first European exchange to offer a liquid milk product for trading. The contract size will be 25,000 kgs and the future will be settled financially against a liquid milk index which is currently being developed by EEX.
“Generally liquid milk can already be hedged synthetically at EEX by trading butter and skimmed milk powder contracts. With the introduction of liquid milk futures we will offer an additional direct
Protos Cryptocurrency Asset Management is planning to hold an Initial Coin Offering (ICO) to raise capital for a data-driven crypto hedge fund that will invest solely in cryptocurrencies and tokens.
Protos tokens will be a security issued under the exemption from registration with the US Securities and Exchange Commission pursuant to Regulation D.
The founders of Protos – Matthew Shaw (pictured), Philipp Kallerhoff, and Thomas Kineshanko – have significant experience in the funds and cryptocurrency space. They have over a decade of combined experience investing in cryptocurrencies, have managed funds of over USD1 billion and Protos will be their third
Man Group has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI). Two of Man Group’s investment businesses, discretionary manager Man GLG and systematic equity manager Man Numeric, have been signatories to the PRI since 2012 and 2014, respectively.
The firm is now elevating its commitment to the Man Group level, implementing the Principles across its five investment businesses – Man AHL, Man Numeric, Man GLG, Man FRM and Man Global Private Markets – that collectively manage USD95.9 billion in client assets.
Man Group takes a diversified approach to responsible investment across its investment businesses,