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Investor confidence in hedge funds appears to be on the rise, with allocators pouring in some USD13 billion between July and September, the first quarterly net inflow into the industry in two-and-a-half years.
New data published by Hedge Fund Research shows the industry on the whole drew positive net inflows for the first time since Q1 2018, with third quarter allocations – dominated by macro and relative value strategies – bringing the total amount of industry capital globally to some USD3.31 trillion.
HFR president Kenneth Heinz said the pick-up in inflows was driven both by defensive outperformance by hedge funds through
A joint bid by the New Zealand Exchange (NZX) and the European Energy Exchange (EEX) has been selected to develop and operate the managed auction service for the New Zealand’s Emissions Trading Scheme (NZ ETS) – one of the Government’s main tools for meeting domestic and international climate policy targets.NZX Chief Executive, Mark Peterson, says the successful bid to the Ministry for the Environment showcased the value of bringing together the deep experience and capabilities of NZX and EEX to implement and operate a solution tailored to meet the needs of New Zealand and NZ ETS participants – and aligned
Chronicle Software (Chronicle), a multi-asset low latency trading software provider, has expanded its global footprint with an office in Singapore to serve as an additional local base to support these requirements across the region.In line with the region’s rapid development, the diverse currency markets in Asia are continuing to show strong growth. Over the last four years, Chronicle has seen increasing demand from local trading venues and market participants needing to build low latency, high performance trading capability to capitalise on these opportunities.
Chronicle combines fast, reliable and scalable low latency trading software with the commercial model that passes
Mercury Derivatives Trading, a global futures proprietary trading firm with more than 500 traders operating in markets on six continents, has deployed Eventus Systems’ Validus platform for trade surveillance.Read the full story at Institutional Asset Manager…
London-based oil-focused hedge fund Westbeck Capital’s flagship energy strategy suffered its biggest loss this year in last month’s violent market sell-off, shedding 15.2 per cent as its long oil equity positions were sent into a tailspin.
Though September’s loss was the strategy’s third monthly slide in a row, the Westbeck Energy Opportunity Fund remains up 41.7 per cent year-to-date.
The fund, which is managed by Westbeck co-founders Will Smith, CEO, and Jean-Louis Le Mee, CIO, remains upbeat on the commodity, pointing to a “constructive story” in fundamentals and data.
“As the fund hit its -15 per cent drawdown limit towards
The quality of research skills among hedge funds and other investment managers is closely tied to their ability to generate alpha in portfolios, a new deep-dive industry study has found.
Inalytics, a UK-based research outfit that aims to identify and benchmark investment skills for institutional investors, probed the connection between research capability and alpha generation using its database of 370 active equity portfolios and 26 fixed income credit portfolios.
The study split the portfolios into two groups: those with positive and those with negative alpha. It tracked opening buys – the first time a manager adds a new stock to the
Trend-following hedge fund strategies have launched a partial fightback in recent weeks, advancing into positive territory so far in October having suffered their worst month of the year during September’s market reversal.
CLS, a provider of settlement, processing and data solutions, and SIGTech, a technology provider to quantitative investment managers, are teaming up to provide CLSMarketData clients with access to SIGTech’s back testing environment and analytics platform.Through the collaboration, CLS clients will have the option to use SIGTech’s cloud-hosted Python-based research platform to perform tailored analyses of CLSMarketData – the largest single source of FX executed trade data available to the market.
The collaboration will address increasing demand from model-driven investors who may not have sufficient resources or computing power to evaluate large scale data, particularly to find signals from multiple
IOWArocks, a global data marketplace, has expanded the inter-dealer broker (IDB) datasets available, and improved accessibility for all data consumers via an enhanced WebSockets Connector module. Covering all asset classes and regions, IOWArocks provides consumers with direct access to IDB data at the frequency required, delivered where needed and most crucially, at a reduced total cost of access.
Leveraging over twenty years experience of working with the global IDB community, IOWArocks is the single source venue that utilises state-of-the-art secure cloud delivery which can dramatically reduce the total cost of access to mission-critical data. IOWArocks is unique because it enables data
Refinitiv has launched Country Sustainable Development Goals (SDGs) Scores as a data-metric in the transition to sustainable investing – providing comparisons at the country level for fund managers, advisors and investors.
