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RFA, a specialist IT provider to the financial services industry, has moved to new offices in Mayfair, London. RFA has a proven track record, working exclusively with clients in the professional financial services and alternative investment sectors. This year’s pivot to home working and the growth in satellite offices has been no exception.
With a 100 per cent move to business continuity invocation across not only their clients, but also themselves, RFA’s gold standard solutions have proven again to be best in class. Offering intelligent cybersecurity, using in-house AI and machine learning tools, developing robust layered cloud solutions, and providing
DE Shaw’s flagship multi-strategy fund delivered net returns of +19.4 per cent for investors in 2020, according to a person familiar with the firm’s results.
The DE Shaw Composite Fund (Composite), the firm’s largest fund, launched in 2001 and provides investors with exposure to the broadest array of the firm’s absolute return strategies. Last year’s returns, in what, for many, was a hugely volatile period, build on 2019’s net annualised return of +10.4 per cent.
DE Shaw is widely regarded as one of the industry’s most successful hedge fund managers. Since 2001, Composite has posted an annualised net return of
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 1.68 per cent in December, underperforming the 2.45 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.
“Markets enjoyed a strong finish to 2020 as clarity surrounding the U.S. election and the announcement of two Covid-19 vaccines pushed markets to all-time highs,” says Jason Schwarz, President and
Zephyr Management (Zephyr) has selected SS&C Technologies to support its upcoming Bermuda fund launch.
Hedge fund adviser Headstart Advisers posted stellar returns in 2020 as volatility returned to global markets, outpacing peers.Headstart Advisers’ flagship fund posted its strongest ever annual return as it successfully navigated the market turmoil in March 2020 when the global pandemic roiled markets. The fund then captured the rebound in the latter half of the year finishing the year up over an estimated 20 per cent.
Notably, the Headstart Fund of Funds was up in both March and April 2020 when less than a fifth of all hedge funds made positive returns in both months. For March, Headstart Fund of
Blackstone has appointed Joe Dowling, the former Chief Executive Officer of Brown University’s Investment Office, as Global Co-Head of Blackstone Alternative Asset Management (BAAM) alongside John McCormick. Dowling will oversee BAAM’s investment activities going forward, while McCormick will oversee BAAM’s business and investor functions.
BAAM invests in primarily liquid and semi-liquid investment strategies for institutional and retail investors seeking attractive risk-adjusted returns. BAAM manages USD78 billion of AUM and is a global market leader in allocating to hedge funds. It has also diversified into newer businesses including special situations, GP stakes, liquid alternatives, and equity capital markets.
Stephen A Schwarzman, Blackstone
Hermez Network, a decentralised zero-knowledge rollup (zk-rollup), isa launch tether tokens (USDt) on the protocol’s Layer 2 network, a solution designed to improve scalability on Ethereum to ensure cheaper transactions. Hermez will work with key projects ahead of its official launch to provide significantly cheaper payments and token transfers to millions of users around the world.
“Hermez is excited to welcome tether tokens (USDt) as the first of many projects to join the Layer 2 network ahead of our official launch this year. Hermez will bring scalability, speed and lower transaction fees to users while furthering our mission to create a
Hedge funds weathered the political, social and economic shocks brought about by the global pandemic and frequent bursts of soaring volatility to score a near-12 per cent return last year – their best since 2009 – outperforming both the Dow Jones Industrial Average and FTSE 100, new data from Hedge Fund Research shows.
HFRI’s main Fund Weighted Composite Index – a global, equal-weighted measure of some 1400 single-manager hedge fund strategies – finished 2020 up 11.6 per cent for the year following a 4.5 per cent rise in December.
The full-year gains represent a strong rebound for the hedge fund
As the rollout of Covid-19 vaccines continues apace, equity markets look set to enjoy strong support in 2021, says Luca Paolini, chief strategist at Pictet Asset Management…
Distressed investment specialist Schultze Asset Management eyes ‘late stage’ catalyst trades
Distressed investment specialist Schultze Asset Management eyes ‘late stage’ catalyst trades