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The EQ Derivatives survey finds that alternative risk premia strategies have been adopted by innovative pension funds around the globe since the Global Financial Crisis, with assets invested in the strategies now poised to grow 35 per cent by 2019 to USD67 billion.
Investors — including pension funds, life insurance companies, family offices and private banks — are turning to alternative risk premia due to the diversification benefits, lower fees versus hedge funds and positive performance, according to the firm.
“The 2008 Global Financial Crisis laid bare risks in investments that had seemed diversified. Alternative risk premia have emerged
Sequant Capital, an FCA UK regulated broker, has formed a strategic partnership with HitBTC, one of the world’s largest running cryptocurrency exchanges, to allow improved accessibility to the crypto market.
This partnership provides professional crypto traders with direct market access to crypto assets through an FCA regulated company in the UK.
Traders depositing a minimum of 100 BTC or 1000 ETH with Sequant Capital will have funds stored securely in a cold wallet managed by the broker. That initial collateral, protected by Sequant Capital, will reduce the counterparty’s risks while giving them full advantage of trading on HitBTC –
Fulcrum Asset Management (Fulcrum) has launched the Fulcrum Diversified Liquid Alternatives Fund (the Fund), an unconstrained portfolio investing across real assets, alternative credit and diversifiers.
The Fund has a target return of cash +4 per cent per annum over rolling five-year periods with lower volatility than equity markets. The Fund offers daily liquidity with no performance fees.
The UK-domiciled daily dealing NURS fund will invest in collectives, as well as direct investments and is the first fund to be launched by the new Fulcrum Alternative Strategies team, drawing on long experience of managing portfolios of third-party long-only and hedge
Glencore Agriculture, located in Rotterdam, the Netherlands, and Glencore Ltd of Stamford, Connecticut are to pay a USD2 million CFTC penalty for exceeding cotton futures position limits.
A CFTC Order finds that on multiple trading days during May 2013, June 2013, May 2014, and June 2014, Glencore BV and Glencore Ltd held net positions in the ICE Futures Cotton No2 contracts (cotton futures) that, on an aggregated basis, exceeded the speculative position limits established by the CFTC.
In addition, the CFTC Order finds that on twenty-four occasions between January 2013 and November 2015, Glencore BV and Glencore Ltd. executed
Fund administrator Apex Fund Services (Apex) has appointed Richard Dinn as Global Head of Custody and Depositary Sales following the acquisitions of Deutsche Bank AFS and MM Warburg in Luxembourg.
Dinn brings with him over 20 years of broad industry experience providing consultancy support on fund structures and distribution channels across multiple markets worldwide.
As Global Head of Custody and Depositary Sales, Dinn will be based out of Apex’s Dublin office and will report directly to the recently appointed Chief Revenue Officer, Fred Jacobs. He will be focused on expanding and developing the Apex Group’s presence in the Custody
Liquidnet, a global institutional trading network, has made two enhancements to its Next Gen Algo suite, the company’s premium offering of liquidity-seeking and benchmark strategies designed specifically for institutions.
The newest addition to the Liquidnet Virtual High Touch suite: Targeted Invitations from Algos integrates one of Liquidnet’s most popular liquidity-seeking products with its Next Gen Algo suite. Targeted Invitations allow buyside traders to intelligently seek out liquidity from other asset managers that they may not be actively trying to trade and that may not be available on any blotter. Targeted Invitations from Algos helps automate that process and allows an
Hedge funds were down in sync with the wider market downturn last week, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.
CTAs underperformed due to their long exposures to US equities and their long EUR and GBP versus USD. The rise in oil prices helped alleviate some losses.
L/S Equity were also on the downside. US and EM funds were the main detractors in line with their underlying benchmarks. US managers particularly suffered from sector rotations.
The widening in M&A deal spreads including NXP vs. Qualcomm hit Merger arbitrageurs.
Market Neutral and relative
AlphaSimplex Group has hired Dr Kathryn Kaminski as the firm’s chief research strategist. Kaminski (pictured), joins AlphaSimplex from the MIT Laboratory for Financial Engineering. A veteran in the hedge fund industry, she is regarded as an expert in alternative asset classes with a specific concentration in managed futures.
Effective 1 May, 2018, Kaminski will join the portfolio management team for the firm’s managed futures strategies, including the Natixis ASG Managed Futures Strategy Fund (AMFAX) in the US, and The ASG Managed Futures Fund (ASGMSFA), a Luxembourg Sicav.
“We are delighted that Katy has joined AlphaSimplex, and are confident our
DealCloud, a specialist in CRM and deal management in the private capital markets, and PitchBook, the data provider for the private and public equity markets, have formed a strategic partnership to integrate PitchBook data within the DealCloud DataCortex.
With the launch of this partnership, DealCloud clients can now search and query PitchBook’s data sets directly from within the DealCloud platform, including hard-to-find financial data on private and public companies, investors, funds, limited partners and service providers. PitchBook’s data – which is captured by web crawlers, machine learning technology and verified by specialised data teams – is increasingly sought after by
Egeria is to acquire 100 per cent of the shares of consumer electronics manufacturer Trust. Financial details of the deal have not been disclosed.
Mark Wetzels from Egeria says that Trust owes its prominent position to its customer focus, speed of new product introductions and the company’s enterprising culture, among other things. “Trust has shown in recent years that it has the right qualities to operate very successfully in the dynamic market in which it is active. For example, Trust Gaming has become a household name among gamers internationally in a short time, due in part to its close relationship
