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Local Pensions Partnership has launched the LPP I Fixed Income Fund, its inaugural fund dedicated to investing in fixed income as an asset class.
The fund aims to deliver optimal long-term risk-adjusted returns, capitalising on opportunities in the global fixed income market, with a strong focus on capital preservation. It will invest predominately in higher credit quality, highly liquid fixed income instruments across geographies, instrument types and maturities. The fund is aimed at capturing and enhancing risk-adjusted returns, irrespective of market conditions.
It provides LPP’s two full-service clients, the Lancashire County Pension Fund (LCPF) and the London Pensions Fund
Brisbane-based emerging manager WPT has just launched its first flagship fund, WPT Alpha Fund a purely quantitative long/short equity fund with the objective of achieving an absolute return uncorrelated to the S&P 500 index.
The model-driven approach is designed to utilise the momentum effect of securities, this strategy is focused on delivering alpha to all investment partners and outperforming under all market conditions in 2017 that strategy would have delivered 14 per cent net return with a Sharpe ratio of 2.74 and a max drawdown of 2.6 per cent with one billion dollars in the fund.
“We were initially
OppenheimerFunds has partnered with the Chartered Alternative Investment Analyst (CAIA) Association to develop specialised alternative investment training for the firm’s client engagement teams and further serve the needs of high net worth (HNW) clients.
In October 2017, OppenheimerFunds announced a joint venture with The Carlyle Group to provide global private credit solutions and deliver long-term income capabilities to HNW investors. The specialised alternative investment training from CAIA will be its first comprehensive program to include private credit focused education and will be made available to OppenheimerFunds consultants serving HNW teams as part of the joint venture initiative.
“Bringing the highest
The Jersey Financial Services Commission (JFSC) has reported a sustained strong uptake in the Jersey Private Fund (JPF), with 100 structures being formed since its launch less than one year ago.
The 100th JPF was registered by the JFSC last week (2 March), underlining the interest in the product since it was launched in mid-March last year.
The latest addition to Jersey’s suite of fund structuring options, the JPF was introduced to provide institutional and professional investors with a more streamlined and fast-track regime with tailored ongoing regulatory requirements, under which funds for up to 50 investors could be
With the General Data Protection Regulation (GDPR) coming into force on 25 May 2018, there is an increased urgency for financial services businesses to improve the way data is managed and secured.
However, new research from managed services provider Claranet has found that many companies are still not managing their data as well as they could.
The research, which was conducted by Vanson Bourne who surveyed 750 IT decision-makers for Claranet’s Beyond Digital Transformation research report, identified that security is an area that many are struggling with. Worryingly, 69 per cent of respondents stated that they were not able
PEGAS, the pan-European gas trading platform operated by Powernext, has reported its strongest spot volumes in February 2018 with 112.4 TWh (previous record: 95.7 TWh in December 2017).
Extreme weather conditions in the later part of the month helped bring substantial liquidity on PEGAS spot hubs, thus supporting the overall volume hike. Monthly records were established on TTF, GASPOOL, PEG Nord, CEGH VTP, ZTP and ETF. The total monthly traded volume amounted to 174.9 TWh, up 7 per cent from last year (February 2017: 163.6 TWh).
Spot trading volumes in February amounted to 112.4 TWh, representing an increase of
The Lyxor Hedge Fund Index was up 1 per cent last week, with Event-Driven strategies outperforming, according to the latest Weekly Brief from Lyxor’s Cross Asset Research team.
Merger Arbitrage funds benefitted from their top M&A positions. Long positions on the NXP vs. Qualcomm transaction and Sky contributed to the bulk of their returns. L/S Equity variable bias funds rode the wave of the market recovery. Emerging and Asian focused specialists outperformed their peers, in line with their underlying markets.
CTAs thrived from the drop in European bond yields, rising energy prices and their long albeit reduced equity allocations.
Timothy Graf, head of macro strategy for EMEA at State Street Global Markets; Antoine Lesné, head of EMEA strategy and research for SPDR ETFs; and Elliot Hentov, head of policy and research – official institutions for EMEA at State Street Global Advisors, offer their views on the Italian general election results…
Graf says: “After 2017 ultimately proved benign for Eurozone political risk, the unexpected strong performance of the Five Star Movement (M5S) brings these threats very much back to the forefront. Though M5S officials have toned down anti-euro rhetoric in recent months, the euro-scepticism within the bloc could ultimately re-introduce
The Amsterdam Investor Forum, a leading forum for institutional investors and alternative investment managers in the EMEA region, is looming large. Hosted at ABN AMRO’s headquarters in Amsterdam on 6 and 7 March 2018, this year’s event promises to be just as engaging; so much so that if last year is anything to go by, there will be people standing in the aisles of the auditorium.
Delphine Amzallag (pictured), Global Head of Prime Services, ABN AMRO Clearing, says that in keeping with the spirit of the Amsterdam Investor Forum quantitative investing will form the backdrop, against which panellists will debate key developments
INTL FCStone’s Dubai-based subsidiary, INTL FCStone Commodities DMCC is to serve as the market maker for the Dubai Gold & Commodities Exchange (DGCX) Sharia-compliant Spot Gold contract (DGSG), which will be available for trading beginning on 29 March, 2018.
The release of this contract is a first for DGCX, and will mark its entry into the Islamic Finance sector.
DGCX’s offering will be the first Sharia-compliant Gold product to be listed on a regulated trading platform in the Gulf Cooperation Council (GCC) region. The pending launch comes at an ideal time, as global Sharia investments currently total approximately USD2
