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The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 1.18 per cent in February, underperforming the 1.52 per cent monthly return of the HFRX Global Hedge Fund Index.
The Wilshire Liquid Alternative Index family aims to deliver precise market measures for the performance of diversified liquid alternative investment strategies implemented through mutual fund structures, backed by a proprietary classification methodology.
“Following the Reddit-induced deleveraging at the end of January, equity markets bounced back to reach all-time highs during the first three weeks of February,” says Jason Schwarz, President and
AlphaMaven has launched a free Investment Listings service for fund managers which initially includes over 100 funds and managed accounts.
Managers participating in the launch cover a broad cross section of the Alternative Investment universe, including Hedge Funds, CTAs, Venture Capital Funds, Private Equity Funds, Real Estate investments, and Cryptocurrency/Blockchain Investments.
Helping Investors Efficiently Build and Maintain Diversified Portfolios
AlphaMaven’s primary mission is to help investors cost-effectively build and maintain diversified portfolios that include Alternative Investments.
AlphaMaven offers an interactive content platform specifically designed to help investors find alpha. Unlike traditional investment databases, managers can showcase research, awards, news, marketing
Rhenman & Partners Asset Management’s flagship healthcare-focused hedge fund overcame February’s market volatility to finish the month in positive territory, as the strategy triumphed in the Best Global Equity Fund category at this year’s Hedgeweek European Awards.
The Rhenman Healthcare Equity Long/Short fund – which trades a range of small, medium and large pharmaceuticals, biotechnology, medical technology and services stocks – added 0.57 per cent to its main euro-denominated IC1 share class during February. That brought its returns since the start of the year to 1.89 per cent. The strategy’s SEK class meanwhile rose 1.07 per cent last month, and
Hedge funds may be better placed to withstand a future performance squeeze in SPACs than other investors, as the recent sell-off in the asset class shed light on vehicle structures and investor-sponsor alignment.
Special Purpose Acquisition Companies, or SPACs, have been among the brightest investment prospects over the past year, with hedge funds in particular helping to fuel the boom.
But as the sector sharply corrected towards the end of February, with retail investors feeling the pinch, hedge funds appeared to have registered a more modest hit from such ‘blank-check’ investments, Lyxor Asset Management strategists said this week.
SPACs raise
The global hedge fund business continued its strong start to 2021 with 80 per cent of funds seeing positive performance in February, according to eVestment’s February hedge fund performance data.
The average positive performance among this large group of funds was +4.51 per cent. Factoring in those with negative performance, the industry as a whole returned +3.22 per cent in February, bringing overall industry year-to-date (YTD) performance to +4.26 per cent.
February’s hedge fund performance figures mark a solid year for the industry, according to eVestment Global Head of Research Peter Laurelli.
“Since post-pandemic onset in March 2020, the
The gross return of the SS&C GlobeOp Hedge Fund Performance Index measured 2.40 per cent for February.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.59 per cent in March.
“SS&C GlobeOp’s Capital Movement Index for March 2021 was 0.59 per cent, indicating positive net inflows into funds. These flows were closely in line with the favourable 0.60 per cent reported a year ago, which was about the time when the Covid-19 outbreak began impacting markets,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “In the year since, hedge funds have experienced generally
Family office-backed alternative asset manager Trium Capital has hired experienced macro strategy specialist Joe Rouncefield.
Rouncefield joins Trium from emerging market-focused hedge fund Spinnaker Capital and brings extensive experience working with a wide range of institutional investors in offshore and UCITS macro strategies.
Rouncefield previously spent almost a decade at Hugh Hendry’s Eclectica Asset Management where he covered both the flagship Eclectica macro hedge fund and the firm’s UCITS strategies.
In his new role, Rouncefield will work closely with former Eclectica colleague Tom Roderick, who has been managing a UCITS compliant discretionary global macro portfolio for Trium since 2018.
Co-head
Tether Operations Limited, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, has launched Tether tokens (USDt) on Solana, an ultra high-speed Layer 1 blockchain.
USDt’s integration on Solana will allow USDt holders to exchange USDt at speeds greater than 50,000 transactions per second, often for as little as USD0.00001 per transaction. This will facilitate the development of high-speed, low-cost applications, including those in the nascent decentralised finance (DeFi) space.
“This integration with Solana will help to support a dazzling array of projects, including those in DeFi, Web3 and blockchain gaming,” says Paolo Ardoino, CTO of Tether. “We
OptionMetrics, an options database and analytics provider for institutional investors and academic researchers worldwide, has released its new IvyDB Futures database with historical futures and futures option pricing data for listed US markets.
IvyDB Futures offers clean historical data since January 2005 on most liquid optionable futures roots in agriculture, currency, energy, equity, interest rate, and metals sectors from major US futures exchanges, including ICE, CME, and NYMEX. Data is provided daily to reflect updated information such as new settlement prices, volume, open interest and contract expirations. This enables academic and financial industry researchers and practitioners to efficiently backtest strategies,
Blackthorne Capital Management (Blackthorne), a commodity trading advisor specialising in absolute-return trading strategies, has launched the Blackthorne Sentiment Enhanced Trading Program on Efficient Capital’s fund hosting platform.
The partnership will provide Blackthorne with a superior, well-established infrastructure that has undergone rigorous due diligence reviews by large institutional investors and investment consultants – a key benefit of Efficient’s platform.
“We are thrilled to enter into this significant new partnership with the launch of Blackthorne’s Sentiment Enhanced Trading Program on Efficient’s platform. The hosting of our Trading Program on Efficient’s platform enables us to focus on what we do best –
