Latest News
Litigation specialist and consulting firm Pravatio Capital has launched the Pravati Investment Fund V (Fund V) with USD200 million in capital commitments. Read the full story at Private Equity Wire…
From the historic stock market sell-off and volatility surge that wreaked havoc on investment portfolios during March to the continued working-from-home practices which have thrown up various operational obstacles spanning technology, cybersecurity and infrastructure, the coronavirus crisis has upended all corners of the hedge fund industry.
For hedge fund chief operating officers, the pandemic has brought its own unique set of challenges. Managers of all sizes and strategies implemented extensive business contingency plans for home working in order to continue operations. But as firms slowly begin to return to the office following more than four months of lockdown, the concept
Eleven out of 13 hedge fund strategies covered by the EDHEC-Risk Alternative Indexes delivered positive returns in June. The two exceptions were CTA Global and Short Selling. The best performing strategy was Emerging Markets (5.24 per cent), followed by Distressed Securities (4.05 per cent). The worst performing strategy was CTA Global (-0.80 per cent), followed by Short Selling (-0.25 per cent). The positive trend on the stock market benefited the equity-oriented strategies such as Long/Short Equity (1.75 per cent) and Event Driven (2.31 per cent).
Even if the recovery was significant for most of the strategies, it does not compensate yet
Avelacom, a high-performance global connectivity and IT infrastructure provider for the financial services industry, has completed a new route between Sao Paulo, Brazil, and New York, USA. The route offers the new, fastest speed for the transmission of market data and trade execution between North American and Latin American major financial markets.
The route connects two Avelacom’s points-of-presence (PoPs): between Brazilian exchange group (B3) colocation facilities and Carteret, New Jersey, the data centre for Nasdaq. The latency has been improved on this route to 103.5 milliseconds (round-trip delay).
Increased trading volumes and market volatility means this route fits perfectly
Hong Kong-based hedge fund Long Corridor Asset Management has selected Bare Cove Technology Limited (BCT) as its software development and IT automation partner.
Binance has added to broad variety of derivatives with the launch of Perpetual Futures contracts margined with bitcoin, and with leverage of up to 125x.Read the full story at Institutional Asset Management…
Alternative credit specialist CIFC has launched a long/short high yield UCITS fund managed by industry veteran Jason Horowitz, who has been running similar strategies successfully for over 10 years.
Horowitz joined the New York-based manager in January as Head of US High Yield Bond Investments. He has been managing the strategy for CIFC since 1 February, 2020, delivering a 12.69 per cent net gain to the end of July, compared with a 0.18% loss for the wider US high yield market. The strategy made positive returns during March at the height of market anxiety around Covid-19.
The
MPMF Fund Management (Ireland) Limited (MPMF), the Maples Group’s alternative investment fund manager and UCITS management company, has announced a series of technology enhancements in response to evolving client demands and regulatory requirements.
The new systems infrastructure includes a blend of proprietary applications as well as industry-leading market technologies to support the delivery of MPMF’s innovative solutions for alternative investment and UCITS funds.
Since coming into full effect, the AIFMD and UCITS directives have posed significant challenges to fund managers and investors, mandating compliance with new and extensive authorisation and ongoing operational and transparency requirements. With a spate of
Hedge funds have stormed into the second half of the year, recording their second highest monthly return in almost 18 months, and their third biggest monthly return in a decade, with equities and macro-focused managers leading the way.
New data for July published by Hedge Fund Research shows widespread gains across an assortment of strategies.
HFRI president Kenneth Heinz pointed to surging gains in July across technology, activist, CTAs and volatility strategies, along with cryptocurrency funds. He said institutional investors are now looking to increase exposure to hedge funds in light of strong performance throughout this year’s volatility.
Overall, the
RJO MENA, an affiliate of RJ O’Brien & Associates, has acquired Lombard Forte Securities Limited (LFS), a Dubai-based provider of a diverse range of execution and brokerage services to a wide range of customers including hedge funds, asset managers and the largest investment banks both regionally and globally.Read the full story at Institutional Asset Manager…
