Latest News
The largest global clearinghouses (CCPs) demonstrated the resilience of their credit and liquidity profiles in early 2020 despite a spike in market volatility and unprecedented operational disruptions driven by economic fallout from the global pandemic, Fitch Ratings says. The broad introduction of central clearing, promoted by post-2008 financial crisis regulations, helped preserve the orderly functioning of and confidence in global CCPs amid the coronavirus turmoil. However, the magnitude and disparity of margin increases also highlighted the risk of increased pro-cyclicality and interconnectedness of the markets, which could drive further regulatory scrutiny.
In 1Q20, the number and aggregate value of margin breaches
Hedge fund assets have risen sharply in the past three months, as strategy performance recovers and investors scramble to capitalise on opportunities emerging amid the post-Covid sell-off environment.
The total amount of capital invested in hedge funds globally swelled by USD220 billion between April and June – a quarterly record – to reach some USD3.177 trillion overall, according to new data published by Hedge Fund Research.
The surge was driven both by improving strategy performance – HFRI’s Fund Weighted Composite Index gained more than 9 per cent in Q2, its best quarterly performance since the global financial crisis – and
Agecroft Partners has announced the details for Gaining the Edge – Cap Intro 2020 which is aiming to be the largest capital introduction event in the alternative investment industry. The event will take place from 5-16 October and will leverage the success of Gaining the Edge – Hedge Fund Conferences, which have sold out all six event,s and Gaining the Edge – Hedge Fund Educational Webinar Series, which has had over 3,500 hedge fund professionals register, including over 1,500 investors/allocators. This event will also donate a large portion of the profits to select charities that benefit at-risk youth. To date, Gaining
Jersey Finance is expecting an increase in fund migration to the island following an amendment to the Limited Partnership (Jersey) Law 1994.Read the full story at Private Equity Wire…
ABN AMRO Clearing has completed its first commodity futures trade in China, a crude oil futures transaction for an existing client.Currently approved as an Overseas Intermediary Broker by the Shanghai International Energy Exchange (INE) and Dalian Commodity Exchange (DCE), the company expects to steadily expand its China service offering in support of our client demand.
Due to high trade volumes in China’s commodities market and its growing role as a price-setter, many of ABN AMRO Clearing’s existing internationally-based clients are eager to participate, particularly proprietary trading firms and corporate hedging firms. International investors, free to settle trades in USD or
Truss Edge, a provider of technology and automation solutions to the global hedge fund and ETF management industry, has made further enhancements to its services to help fund managers whose staff are working remotely.“We continue to follow our roadmap of enhancing features of our software that deliver real improvements in our clients’ operating environment,” says Truss Edge CEO Jay Duffy. “The advent of the Covid-19 pandemic has created a demand for new security features for funds that are now seeing their staff working in a much more dispersed manner, and we have addressed some of those needs.”
The enhancements also
BlueBay Asset Management, the London-based fixed income and emerging markets manager, is warning the recent uptick in economic activity could give way to “a more difficult backdrop” in August, as the future direction of the global economy continues to hinge heavily on developments surrounding a potential coronavirus vaccine.
BlueBay chief investment officer Mark Dowding said recent economic data showed a “more rapid bounce” during May and June than many predicted following the Covid-19 lockdown.
“We believe that in Europe this momentum may carry over into July data; conversely, in the US we believe that a dip is more likely when
The global hedge fund industry is currently facing a number of headwinds, from fee pressure, increased redemptions and liquidations, to the decreasing new fund launches as investors around the world look towards defensive strategies, according to a new report from ResearchAndMarkets.com.
But despite the tough times, the industry saw a double-digit annualised return in 2019 for the first time in the past six years.
The Global Hedge Fund Industry: Growth, Trends and Forecasts 2020-2025 report highlights that the United States currently accounts for three-quarters of assets under management globally in the sector. Despite hedge fund activity in other regions globally expanding alongside
Arrano Capital, the blockchain arm of Venture Smart Asia Limited, has licensed the MVIS CryptoCompare Bitcoin Index (MVBTC) for its recently launched bitcoin fund.
Read the full story at Institutional Asset Manager…
Investors like Bill Ackman are bringing Special Purpose Acquisition Companies (SPACs) back into vogue, and while the size and sophistication of these ‘blank-check’ companies is evolving, it is unlikely to signal a long-term structural shift.
