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The gross return of the SS&C GlobeOp Hedge Fund Performance Index for December 2020 measured 3.70 per cent.Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index meanwhile, declined 1.67 per cent in January.
“SS&C GlobeOp’s Capital Movement Index for January 2021 of -1.67 per cent reflects net outflows, as is typical, based on normal seasonality. On a comparative basis, it is noteworthy that the -1.67 per cent represents lower outflows than the -2.11 per cent reported a year ago and is also the lowest net outflow for any month of January since 2012,” says Bill
Elementum Advisors, an alternative investment manager specialising in collateralised natural catastrophe event reinsurance investments, has launched a new mandate with a large institutional investor focused on collateralised reinsurance investments (CRI) with a higher risk and return profile.
The hedge fund industry posted a second consecutive positive month in December, returning 3.29 per cent according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P 500 Total Return Index was up 3.84 per cent in December.For the year, the hedge fund industry gained 10.95 per cent in 2020, its third double-digit annual return in the past four years. The S&P 500 Total Return Index was up 18.40 per cent over the 12 months.
Thirty of the 31 sectors tracked by the Barclay Hedge Fund Indices posted gains in December, the
The incoming US administration led by Joe Biden will be a “crucial” factor looming large over the healthcare industry this year, with planned reforms heralding potentially far-reaching implications for healthcare stocks and drug prices, Rhenman & Partners Asset Management said this week.
Rhenman’s flagship Healthcare Equity Long/Short hedge fund gained 17.1 per cent in its main euro-denominated IC1 share class last year, bolstered by a 4.8 per cent monthly return in December.
The strategy – which trades a range of small, medium and large pharmaceuticals, biotechnology, medical technology and service company stocks – made profits in each of those sectors
TORA Holdings, a provider of investment technology for buy-side and sell-side firms, is to begin a new strategic partnership with Revolution Co Ltd, a fast growing Japanese investment and asset management company. Read the full story at Institutional Asset Manager…
Glafka Capital, an FCA-authorised alternative investments fund manager, has launched a digital currency arbitrage hedge fund which will be hosted on a VALK Corda powered platform. Investors in Glafka’s Starboard Digital Strategies will benefit from a fully institutional grade hedge fund, with a strategy that ‘taps on the opportunities generated by the extreme volatility in digital currencies and transforms them to uniquely high market neutral returns with low standard deviation’. The fund draws on the expertise of Glafka’s Digital Assets Group, ranging from derivatives trading, blockchain development, risk management and regulatory compliance.
Thanks to VALK’s digital infrastructure, institutional investors
The Depository Trust & Clearing Corporation (DTCC) has identified the key priorities where financial market infrastructures (FMIs) should focus in the coming years to proactively and effectively manage risk in a post-pandemic environment. Read the full story at Institutional Asset Manager…
Carne Group, a digitally driven platform for the asset management industry, has secured a EUR100 million investment from Vitruvian Partners.
Hedge and ETF technology specialist Truss Edge has introduced enhancements in both front and back office features that will further benefit the firm’s asset management clients. Its latest software release is focused on improvements to certain order management features as well as significant refinements to risk reporting.
Truss Edge system users can now use the firm’s OMS in more flexible ways to handle market orders. A great benefit is that the Truss Edge OMS is fully part of the firm’s systems portfolio management database allowing real-time portfolio impacts of orders to be evaluated at the order stage.
In order to
The Citco group of companies (Citco) has opened new offices in Abu Dhabi Global Market (ADGM), the international finance centre in the United Arab Emirates, after increasing its assets under administration (AUA) in the region last year by 400 per cent to approximately USD125 billion. Citco’s decision to establish a base in ADGM follows a marked rise in calls for asset servicing, administration, banking and governance services from sovereign wealth funds and managers in the Middle East and North Africa (MENA) region last year. Citco will partner with ADGM to create a sustainable, fully-integrated ecosystem for the investment management industry,
