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Investcorp, a global provider and manager of alternative investment products, and Tages Group (Tages), a European alternative asset management firm, have created a 50/50 joint venture (JV) by merging Investcorp’s Absolute Return Investments business (Investcorp ARI) and Tages Capital, the absolute return subsidiary of Tages.The JV, called Investcorp-Tages Limited, leverages Tages Capital’s and Investcorp ARI’s investment expertise and complementary footprints in seeking to create a global absolute return platform with more than USD6 billion in revenue generating assets, including customised portfolios, seeding and other investment solutions. As a combined team, this positions the JV as one of the world’s leading
In a recent white paper entitled Evolution in Asset Management, SEI pointed out that 70 per cent of US fund managers are currently looking to deploy advanced analytics in the front-office. The field of data science and machine learning-based data analysis is helping to transform how fund managers think about data to gain a competitive edge.
TORA, a provider of a cloud-based order and execution management system (OEMS), has partnered with risk & compliance platform provider, Imagine Software to create a front-to-back end trading solution for hedge funds & asset managers.The affiliation between the two companies’ offerings will provide the strongest universal multi-asset front-to-back trading solution. The two systems will work together to generate a new best-in-class leader across the value chain to create a truly integrated trading platform.
TORA first established the industry’s first cloud-based OEMS over 13 years ago providing clients with state-of-the-art trading tools to assure best execution and manage complex trading
The Hedge Fund Association (HFA), an international nonprofit trade and nonpartisan lobbying organisation, has announced the results of its 2020 Global Board of Directors election. HFA members re-elected Camille Clemons, Jennifer Keeney and Emily Slocum, and elected Jill Calton, Lauri Goodwyn, James Koutoulas, Alexander Reyes and Joshua Stone. All HFA Directors are volunteers serving for up to two consecutive three-year terms.
Jill Calton, UMB Fund Services
Camille Clemons, Cohen & Company
Lauri Goodwyn, Seward & Kissel LLP
Jennifer Keeney, BNY Mellon Wealth Management
James Koutoulas, Typhon Capital Management
Alexander Reyes, Citrin Cooperman
Emily Slocum, GQR Global Markets
Joshua Stone, FundsLawyer PLLC
Ambienta, a sustainability-focused European asset manager, has launched its first absolute return fund, Ambienta X Alpha, which is believed to be the world’s first long/short fund entirely focused on environmental sustainability. Ambienta X Alpha will focus primarily on European and US markets taking both long and short alpha-generating positions. The Fund will employ a rigorous fundamental investment philosophy, taking long positions in companies with strong competitive advantages, which are poised to capitalise on sustainability megatrends. At the same time, the Fund will take short decisions based on factors including overhyped environmental themes and whether companies feature disrupted or unproven business models.
Wealth management technology platform Addepar is to provide investors with access to hedge fund and private equity opportunities through its new Marketplace offering.Read the full story at Wealth Adviser…
Epsilon Asset Management (“Epsilon”), a quantitative asset management firm that pursues bottom-up stock-selection alpha through a data science investment approach, today announced the findings of its new report, “Hedge Fund Alpha and their Best Ideas”. Hedge fund “Best Ideas” have not outperformed the rest of their portfolios, despite the identification of statistically significant outperformance (alpha) by those portfolios against the broader marketplace for a period of 20 years.
That’s the findings of a new report by Epsilon Asset Management, a quantitative asset management firm that pursues bottom-up stock-selection alpha through a data science investment approach.
The report – Hedge Fund Alpha
The recent equity market rally is unlikely to stave off the “devastating” economic impact of Covid-19 this year, according to Absolute Return Partners’ founder and CIO Niels Clemen Jensen.
More than half of hedge fund managers are now using alternative data to gain a competitive edge, according to a wide-ranging new study into alt data trends by the Alternative Investment Management Association and fund services provider SS&C.
The report, ‘Casting the Net: How Hedge Funds are Using Alternative Data’, explores the ways in which hedge funds now utilise alternative datasets – defined as unconventional, non-market and non-traditional economic and financial information, such as satellite imagery, social media trends and weather patterns – in their businesses.
The study, jointly published by AIMA and SS&C today, quizzed some 100 hedge fund
RISE Wealth Technologies, a Munich-based AI investment technology firm – has announced a second month of strong performance for its flagship Volatile Special Opportunities Program (VSOP) strategy.
Up in April by 2.27 per cent and up by 21.83 per cent for the year, VSOP entails a systematic multi-strategy approach in the S&P 500 index volatility market with a real-money track record dating back to July 2016.
The fund is composed of a Balanced Portfolio consisting of S&P 500 futures and treasuries with a duration risk of circa five years. It also trades overlay strategies on situational patterns. While the fund
