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Hedge funds were slightly down last week, still dragged lower by CTA strategies, according to the latest Weekly Bried from Lyxor’s Cross Asset Research team.
The company writes: “Last week we downgraded CTAs to Neutral from Overweight, on the back of the assumption that a market rebound is likely in the short term and the strategy will not benefit from it. When volatility rises, CTAs deleverage.
“L/S Equity strategies outperformed as they do not appear to have cut their net exposure during the selloff, anticipating a short-lived market event. We are neutral on L/S Equity strategies, with a preference for
It’s a big question that this webinar – A realist’s view: What you need to know about launching a fund – will aim to answer with the help of a panel of industry experts.
Topics to be discussed by funds specialists inlcuding independent trustee Anita Krug, and Gemini Senior Vice Presidents James Ash and Kyle Thorberg, include –
• How to determine if launching a mutual fund or ETF is right for your business
• Trust models: series or proprietary
• Timeline: what to expect from the launch process
• Understanding the initial costs to launching a fund
Click here to register to
Investors removed an estimated USD14.72 billion from hedge funds in September pushing Q3 net flows into negative territory with an estimated USD5.71 billion leaving the industry in Q3, according to the September 2018 eVestment Hedge Fund Asset Flows Report.
Year-to-date net flows are essentially now flat with a very slight net USD70 million inflow. Total industry assets sit at USD3.310 trillion.
Among primary strategies Event Driven funds were a bright spot, with asset flows of +USD1.73 billion in September and +USD4.10 billion for Q3. Event Driven funds, however, are still negative for the year, with year-to-date (YTD) flows at
Online trading and multi-asset specialist Saxo Bank is to offer CFD Options on a range of option roots, covering puts and calls on 15 of the world’s largest stock indices.
CFD Options are OTC instruments based on Exchange Traded Index Options. They can help diversify a portfolio, as not only do they enable clients to take a position, they can be used for portfolio hedging purposes too.
Magnus Sundby (pictured), Product Manager – CFD & Equities, says: “This new product range will lower the entry barrier for clients looking to trade options, as CFD options reduce the cost of
Spouting Rock Financial Partners has named investment industry veteran John Coyne as chairman of its asset management group effective immediately.
This is a new role for the firm which last month announced the launch of its asset management arm. Coyne was formerly Vice Chairman of Brinker Capital, a position which capped a 30-year career with the firm he co-founded.
Spouting Rock Asset Management offers a niche allocation suite of strategies that seek to capitalise on market inefficiencies.
In his new role, Coyne, a 2011 Money Management Institute Pioneer Award winner, has primary oversight for Spouting Rock Asset Management’s distribution platform.
Fixed income traders using Refinitiv’s flagship financial desktop product Eikon now have greater choice and efficiency, and enhanced liquidity access with the integration of iQbonds from valantic Trading Solutions AG (valantic).
iQbonds can be seamlessly integrated into a trader’s workflow using the Refinitiv Side by Side Integration API, enabling traders to make fast, efficient, and informed decisions. When Eikon Apps from iQBonds is opened, iQbonds displays list of bonds to trade, and a user can click on one bond to get the Bond Description from Eikon (Eikon Bond view). Refinitiv is formerly the Financial and Risk business of Thomson Reuters.
iQbonds
A Leg To Stand On (ALTSO) is ready to throw the non-profit organisation’s biggest party yet this Thursday, 25 October at the Hard Rock Cafe in New York City to celebrate 15 years of their signature Hedge Fund Rocktoberfest and more than 17,000 patients treated as a result.
Tickets are available online until noon EST on Thursday for USD275 and will be available at the door for USD350.
More than a dozen bands have been raising funds for the last several months on behalf of the charity and Friday afternoon, ALTSO announced the winning band, The Autopilots, who themselves raised
IBA Group, an international aviation consultancy, has launched a new online market intelligence and analysis platform IBA iQ Trends, for investors, lessors, airlines and Original Equipment Manufacturers (OEMs).
Unlike other static aviation and airline data sets, IBA iQ Trends combines key economic data and world events in real time, with historical, current and future values and lease rates for commercial aircraft and engines.
Overlaying live and historic data on oil prices, CPI, inflation, LIBOR rates, ISTAT defined values, currency and exchange rates, swap rates, fleet events and lease end dates means that IBA customers can extract customisable graphics to visualise
Institutional crypto trading platform Caspian’s token sale closed ahead of schedule due to funding targets being met. The company reached its hard cap of USD19.5 million through a private and public token sale.
With contributors coming from Canada, UK, Hong Kong, Singapore, Italy, South Korea, Australia and Switzerland, the support and backing for the Caspian platform, which has recently gone live following extensive beta-testing, demonstrates the robust demand for an institutional-grade cryptocurrency trading platform.
David Wills, COO and Co-Founder of Caspian, says: “Selling out the crowdsale is a huge milestone in the growth of our company and our journey to
Wall Street Horizon, a provider of market-moving corporate event data, has made significant enhancements to its application programming interface (API) and graphical user interface (GUI) functionalities, as well as expanded access to corporate event data with the addition of 2,000 global companies to Enchilada, its customisable platform.
Wall Street Horizon’s ‘Enchilada’ provides one point of access to highly accurate corporate event data, both forward-looking and historical. Clients can search more than 40 event types by ticker or create an unlimited number of portfolio watchlists. With the addition of new data types, such as class action lawsuits, movie and video release
