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Soaring gold prices are bringing stellar returns for hedge funds this year, and now projections for the rest of 2020 are being revised upwards in light of the commodity’s runaway momentum.
In part one of this article series, entitled Alphabet Soup, three key themes were discussed in relation to the global regulatory environment investment managers must navigate: 1) Uncertainty, 2) Accountability and 3) Increased Scrutiny.
As the complexity of meeting compliance continues to grow, investment managers are looking at how best to tackle data management, improve workflow efficiency and ensure good governance, particularly those who operate across multiple jurisdictions.
Headcount not the solution
Many firms are resigned to simply throwing money at the problem. While understandable, this is not sustainable. A more strategic approach, one that leverages technology, can not
UCITS hedge funds delivered on their pledge of portfolio diversification during the coronavirus-fuelled market meltdown this year, and investors should now consider putting more of their money into the sector to seize on continued market dislocations, Lyxor Asset Management says.
A new Lyxor study led by Bernadette Busquere Arnal, European head of hedge fund research, and Nathanael Benzaken, chief client officer, forecasts further growth in alternative UCITS, after the sector outflanked broader market indices during the Covid-19 crash in March.
The commentary also suggested the pandemic is further driving sustainable investment trends among UCITS hedge funds.
While the HFRI Liquid
Union Bancaire Privée (UBP) has added a new long/short strategy to its alternative UCITS platform. Launched on 14 July 2020, U Access – Long/Short Japan Corporate Governance is a market-neutral and sector-neutral fund investing in Japanese equities and focusing on individual companies’ corporate governance.According to UBP’s qualitative and quantitative research, Japanese companies show a strong correlation between stockmarket performance and the quality of their governance. Furthermore, since 2014, a raft of reforms designed to reinforce governance at Japanese companies has created many opportunities for companies that best adapt to regulatory developments as opposed to those that have difficulties doing so.
Rebounding equity and energy markets caught some in the managed futures industry on the wrong foot in June, leading the CTA industry to a 0.22 per cent monthly loss, according to the Barclay CTA Index, compiled by BarclayHedge. Year-to-date CTAs were up 1.04 per cent through the end of June.
“As economies reopened from COVID-19 shutdowns, equity markets continued to recover while energy prices bounced back,” says Sol Waksman, president of BarclayHedge. “That environment challenged some longer-term trend followers who weren’t able to move as quickly as market conditions changed.”
CTA sectors were evenly split between gainers and losers in June.
C8 Technologies has partnered with LGBTQ Loyalty Holdings to make the the LGBTQ100 ESG Index tradable for investors around the world.
Read the full story at Institutional Asset Manager…
A new company, LedgerEdge, has been launched by David E Rutter with the aim of building an ecosystem for the interchange of data and assets in the corporate bond market.
Read the full story at Institutional Asset Manager…
By Xavier Parain (pictured), CEO, FundRock Management Company – The impact of Covid-19 has altered the mechanics of almost every profession, and the fund management is no different. Here are four things that we have learnt about the way that fund managers have mitigated systemic risk during the crisis and slowed the spread of market contagion.
BNP Paribas Asset Management has launched a long/short global equity hedge fund which will invest in companies grappling with looming environmental challenges, as interest in ESG (environmental, social and governance) themed hedge fund strategies continues to soar.
BNP’s new Environmental Absolute Return Thematic (EARTH) Fund will trade energy, materials, agriculture and industrials stocks in both developed and emerging markets with market caps of more than USD1 billion.
It will take long punts in innovative companies that are addressing an assortment of environmental challenges – such as carbon emissions, waste production, and food, water and energy concerns – and pair them
The Standards Board for Alternative Investments (SBAI) has published two memos on alternative risk premia (aka dynamic beta) investing focusing on Backtesting and Broker Dealer Practices.
