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Investor optimism spurred by a variety of favourable conditions pushed hedge funds to a solid start in 2019 with a 3.88 per cent return in January, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.
All of Barclay’s 31 hedge fund indices ended the month with gains.
By comparison, the S&P 500 Total Return Index climbed to 8.01 per cent in January. Strong stock market results and relief from the equity market volatility of recent months clearly contributed to hedge funds’ positive performance in January.
“A robust January effect stock market
Artivest has selected Sudrania Fund Services (Sudrania) to provide shadow fund accounting services for its Altegris mutual fund products.
Sudrania will provide Artivest with daily net asset value (NAV) recalculations independent of fund administrators, as well as additional reporting and data management via its Seamless Solution proprietary software. The services include shadow accounting, reconciliation, new account setup, performance calculation, and account maintenance. Also, Sudrania will deliver a comprehensive data management solution to enable Artivest to enhance its performance and risk management functions.
The alternative asset management of Artivest, Altegris offers a variety of investment funds, including managed futures and
Artemis Investment Management has promoted Nick Shenton and Andy Marsh, co-managers alongside Adrian Frost of the GBP5.5 billion Artemis Income Fund and of a further GBP3.6 billion in other UK equity income mandates, to partner with immediate effect.
Shenton has managed income mandates alongside Frost for six years. After studying Economics with French at the University of Nottingham, he started his career at F&C Asset Management in 2003. He spent four years there as an analyst and assistant fund manager on the UK and pan-European equities desks. In 2007 Shenton moved to Polar Capital as a fund manager on the
Equitivo is partnering with Ablrate, a specialist asset backed lending marketplace, to accelerate its growth, launch a new integrated broker platform, expand its marketing and develop new products.
The consultancy work will also assist in Ablrate’s progress of ASMX, a blockchain enabled secondary market which connects multiple platforms and investors in one portal, to integrate Ablrate and its white label partner Huddle Capital. This will create the worlds’ first blockchain based platform for trading private debt globally.
Equitivo is a specialist fintech consultancy with international capabilities and a broad range of consultancy services. Already working with more than ten
The Eurekahedge Hedge Fund Index was up 2.32 per cent in January, as the risk-on sentiment returned to the market, propelling the MSCI AC World Index (Local) up 7.36 per cent during the month.
That’s according to the February 2019 Eurekahedge Report which reveals that throughout 2018, hedge fund managers posted losses of 4.08 per cent, outperforming the global equity market which slumped 10.18 per cent over the year.
The global hedge fund industry saw its assets decline USD154.4 billion throughout 2018, down 6.3 per cent from its end-2017 figure – the largest yearly percentage drop since 2008, as
Harneys has been named Best Offshore Law Firm for the third consecutive year at the annual Hedgeweek global awards ceremony held in London on 14 February.
Harneys’ Head of Investment Funds, Philip Graham, says: “We are delighted with this hat-trick which spotlights the unrivalled reputation of our global funds team. We would like to thank our clients and industry peers for electing us.”
Hedgeweek Global Awards 2019 – The Winners
The awards, which recognise excellence among hedge fund managers and service providers around the world, are based on review by institutional investors, asset managers, service providers, advisers and trading technology
Nomura Asset Management Co (NAM) has become the first asset manager headquartered in Japan to provide access to CLSSettlement for Japanese-domiciled funds.
NAM is working with three trust banks: The Nomura Trust and Banking Co (NMTB); Japan Trustee Services Bank (JTSB); and The Master Trust Bank of Japan (MTBJ), to offer CLSSettlement to a total of 21 investment trust funds. NAM and the trust banks are supported by a number of global custodian banks, including Brown Brothers Harriman & Co. (BBH) and Citibank, NA (Citi) for NMTB, with Sumitomo Mitsui Trust Bank (USA) Limited for JTSB, and BBH for MTBJ.
Caspian, a full-stack crypto trading, portfolio and risk management platform for institutional and sophisticated traders, has partnered with Blockfills, an electronic, off-exchange digital liquidity provider, to provide institutional clients with access to deep liquidity and real-time continuous pricing.
Caspian has added Blockfills to its list of more than 30 major crypto exchanges and liquidity providers with which it currently interfaces.
A significant challenge for traders today is finding the best price for a cryptocurrency when it could be trading on more than 200 exchanges globally. By aggregating the world’s deepest exchange and off-exchange liquidity hubs, Blockfills’ clients save time sourcing
CTAs have dramatically increased their long fixed income positions over the last quarter according to the latest Weekly Brief from Lyxor’s Cross Asset team, and the company is concerned about the impact a bond trend reversal might have on their performance going forward.
Lyxor writes: “In parallel, investors’ love for the US Dollar remains intact, despite the softer stance adopted by the Federal Reserve and the recent loss of momentum of the Dollar index. Available data from the CFTC, which incorporates both institutional investors (including pension funds, endowments, insurance companies, and mutual funds) and leveraged funds (typically hedge funds), suggests
BCS Global Markets (BCS GM) has partnered with Russian analysts Evgeny Gavrilenkov and Alexander Kudrin, the founders of GKEM ANALYTICA, a macroeconomic research firm focused on macroeconomics and financial markets.
GKEM ANALYTICA will collaborate with BCS GM’s award-winning analyst team on ‘Outside the Box’, a new research offering which will be available for BCS GM’s institutional investor base. The reports will be thematic, catering to investors who have an appetite for an alternative view on sectors and additional opportunities. In line with BCS GM and GKEM ANALYTICA’s areas of expertise, Russia will be the main market of focus.
Evgeny
