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Cheyne Capital, the London-based credit and multi-strategy alternative investment manager, has continued to attract investor allocations during this year’s turbulence with its focus on market dislocations, as its thematic long/short equity hedge fund notched up successive gains in March and April.
“We’re known for stepping early into dislocations, such as real estate debt in 2009, social property in 2014, and sub-investment grade credit ahead of IFRS 9 in 2018, so we took in approximately USD500 million of investor allocations across our strategies during March and April,” said Stuart Fiertz (pictured), co-founder and president of Cheyne.
The firm’s Thematic Long/Short Equity Fund
State Street Corporation has entered into an alliance with Coremont to provide fully integrated outsourcing services for hedge fund managers, covering front, middle and back office operations.This alliance combines Coremont’s portfolio management analytics and support with State Street’s asset servicing and administration capabilities to power the entire investment lifecycle from trading to risk management to NAV production. The offering spans all major asset classes including Fixed Income, Currencies, Equities, and Commodities, with strong coverage in derivatives modelling and processing.
“This announcement marks a transformation in how hedge funds can be serviced, highlighting the invaluable insights data can bring when combined
Copper, a London-based digital asset infrastructure provider, has launched ClearLoop, a tool for investors to instantly settle crypto trades off-exchange.Over a year in the making, the ClearLoop application programming interface (API) has already been integrated into leading crypto exchange Deribit, in addition to five further exchanges including AAX, Bitfinex, CoinPass, Deversifi, and Xena.
To date, asset managers trading cryptoassets have had to move their assets from their secure cold wallets into the hot wallets provided by exchanges, a process which can often take more than one hour for even one blockchain confirmation. These delays are exacerbated when taking into account
iCapital Network has added to its offering of hedge fund and private equity investments for financial advisers and their high net worth clients with the acquisition of Artivest.Read the full story at Wealth Adviser…
US stocks had their best month in decades in April and hedge funds sailed to a 5.46 per cent return, according to the Barclay Hedge Fund Index compiled by BarclayHedge. By comparison, the S&P 500 Total Return Index was up 12.8 per cent in April.Year-to-date, the hedge fund industry is down 7.01 per cent through April. The S&P 500 Total Return Index is down 9.29 per cent over the same time period.
All sectors but two tracked by the Barclay Hedge Fund Indices were in the black for April, the exceptions being the Volatility Trading Index, which was down 0.17 per cent,
Tyr Capital Arbitrage SP (Tyr Capital), a crypto hedge fund for institutional investors, family offices and high net-worth individuals, has announced strong double digit returns for investors in its first year results.At a time when the repercussions of CovidD-19 are taking a heavy toll on both stock markets and the hedge fund industry, Tyr Capital has started 2020 with a performance of +11 per cent as of the 30 April, beating benchmark comparators[1] by significant margin during extreme volatility. Annualised Sharpe ratio was above 4.
Tyr Capital Arbitrage SP was launched in January 2019 by Nick Norris, Ed Hindi and
By Don Steinbrugge, Agecroft Partners – Recent news headlines state that the hedge fund industry saw its highest level of redemptions during the first quarter of 2020 in over a decade, with USD33 billion leaving the industry. A more appropriate headline would have been “Hedge funds only lose 1 per cent of industry assets – learned from 2008 Experience.”
A year after launching Atlas Global Investors, a traditional long/short fundamental equity hedge fund with a core responsible investing focus, Quentin Dumortier is convinced that ESG (environment, social and governance) themes are more important than ever for investors.
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for April 2020 measured 4.21 per cent.Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.10 per cent in May.
“SS&C GlobeOp’s Capital Movement Index for May 2020 increased 0.10 per cent, indicating net capital flows into hedge funds,” says Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. “Though positive, on a year-over-year basis, this increase of 0.10% was lower than the 0.51% gain in net flows reported for May 2019. As this result follows improved net flows in each of the previous two months, it is
Digital asset exchange Bitfinex, and Koine, a London-based digital asset custody provider, have launched an institutionally oriented post-trade service, enabling investors to mitigate counterparty risk and the use of private keys in the clearing and settlement of cryptocurrencies.Koine customers gain access to a post trade solution from a business licensed by the UK’s Financial Conduct Authority, a service specifically designed for institutional investors to mitigate counterparty, insolvency and credit risks of trading on exchanges. Koine customers who also have an account on Bitfinex will be able to obtain a line of credit on the Bitfinex trading platform using bitcoin or
