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Fortuna Asset Management Communications – a public relations agency specialising in advice to boutique asset managers – has become a signatory to the Principles for Responsible Investment (PRI).
The move by Fortuna AMC is in recognition of the increasing importance of Economic, Social and Governance issues within the asset management industry and the need to advise on them from a communications perspective.
The PRI is the world’s largest independent proponent of Responsible Investment. It is a non-profit body which engages with global policymakers but is not associated with any government. It is supported by, but is not part of, the United
CEM Benchmarking (CEM), a provider of benchmarking information on pension scheme costs and performance, has released the results of an in-depth study on the growth, value and success of hedge funds; ‘Hedge Fund Reality Check’.
The research provides analysis of realised hedge fund portfolio returns from nearly 400 large global investors. Whereas only a handful of large institutional investors had money invested in hedge funds in 2000 (around 2 per cent of funds), this grew to more than 50 per cent by 2016 – representing a twenty-five-fold increase.
Alexander Beath, CEM Benchmarking’s Senior Research Analyst and lead author of
AlphaBot – a technology solution to the process of sourcing, analysing and allocating to alternative investments – has added data from BarclayHedge and Morningstar to its platform.
Free, one-click access to more than 30 BarclayHedge proprietary hedge fund and Commodity Trading Advisor (CTA) benchmarks and 2,300-plus Morningstar international equity market indexes is now publicly available on AlphaBot. In addition, AlphaBot users can instantly access monthly performance data including detailed strategy descriptions, fund holdings and investment details for over 7,500 hedge funds and CTAs tracked by BarclayHedge (with paid subscription to BarclayHedge data). Clients already having a subscription to BarclayHedge
The SS&C GlobeOp Forward Redemption Indicator for May 2018 measured 3.47 per cent, up from 2.60 per cent in April.
“SS&C GlobeOp’s Forward Redemption Indicator for May 2018 of 3.47 per cent, reflects an increase from the 3.08 per cent reported for the same period a year ago for May of 2017. With respect to this year-over-year comparison, it should be noted that the 3.08 per cent reported a year ago for May 2017 was the lowest level of redemptions for any month of May since the inception of the indicator in 2008,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C
With the net flow of investor capital remaining firmly positive for the year, and slightly positive for April, the global hedge fund industry seems to be on positive footing so far in 2018.
However, nearly 63 per cent of reporting managers faced some level of net outflow in April, the most elevated level seen since October 2016. Those outflows were generally small though and were outweighed by new funds coming into the industry.
Investors allocated an additional USD1.78 billion to hedge funds during April, bringing year-to-date (YTD) flows to the industry to USD13.67 billion and total industry assets under
LMAX Exchange Group (LMAX Exchange), the operator of an FCA regulated trading venue, has launched the first physical crypto currency exchange dedicated to serving only institutional clients.
“We are furthering the legitimisation of the crypto currency market by offering institutions a platform on which to acquire, trade and hold crypto currencies securely with high quality, deep liquidity,” says David Mercer, CEO of LMAX Exchange.
LMAX Exchange developed LMAX Digital at the request of its existing institutional clients, who desired a credible, efficient and trusted platform on which to trade digital currencies with like-minded institutions.
Only the most liquid
London-based Carmika Partners is to offer its alpha generating equity tail-risk strategy to investors through Kettera Strategies’ Hydra, a managed account marketplace for macro, commodities and liquid equity hedge fund strategies.
Carmika was founded in 2015, by two industry veterans, Manjeet Mudan and Martin Vestergaard, who met when working at Goldman Sachs. Kettera’s Hydra will offer Carmika’s Alpha Hedge Strategy, which is focused on isolating anomalies across equity option volatility markets globally, while limiting risk through an asymmetrical hedge with positive convexity to the up- and down-side and maintaining the ability to benefit from an improvement in markets.
“We
JP Fund Administration, a hedge fund and private equity administrator, has been voted ‘Best Offshore Fund Administrator 2018’ at the prestigious Hedgeweek Global Awards held at the Reform Club in London.
The highly regarded Hedgeweek Awards are unusual as they are entirely based on peer review and are voted for by clients, fellow service providers and the readership of Hedgeweek. Philip Griffiths, Head of Asia Services at JP Integra Group, says: “It is a real compliment from the clients and peers that voted for us, for which we are very grateful, and it is testimony to the professionalism and commitment
Apis Capital Management has launched the Apis Token which is designed to enable investors to profit from an actively managed investment strategy, which has returned over 70 per cent per year since inception, while benefiting from the liquid and tradeable nature of blockchain-based tokens.
The token will begin its private presale this June, is built using the Steller network and leverages its state of the art blockchain technology that benefits from best in class speed, efficiency, security and lowest transaction fees. With this initiative, Apis is leading the industry in democratising hedge fund investing.
Dr Edgar Radjabli (pictured),
The Commodity Futures Trading Commission (CFTC) has approved a proposed rule to reduce regulatory burdens for US market participants in order to promote economic growth and job creation, by bringing certain CFTC requirements in line with other US regulators and is seeking public comments on the proposal.
“For more than a century, US businesses have relied on the derivatives markets to hedge their cost of production,” says CFTC Chairman J Christopher Giancarlo (pictured). “These markets have allowed farmers and ranchers to hedge their costs of production and delivery price so that Americans can always find plenty of food on grocery
