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Hedge fund investors are optimistic in their outlook for the industry in 2018, expecting hedge funds to receive USD41 billion in net new investor capital for the year versus USD10 billion last year.
That’s according to Deutsche Bank’s 16th annual Alternative Investment Survey, which polled the views of 436 global hedge fund investors, representing 2.1 trillion US dollars in hedge fund assets, on their current sentiment and allocation plans for 2018.
The hedge fund industry grew by 6.4 per cent in 2017 and assets under management reached an all-time high of USD3.21 trillion by year-end, surpassing the USD3.14 trillion
Linedata has launched a new version of its Linedata Global Hedge platform, designed to meet asset managers’ evolving challenges by improving efficiency, product delivery flexibility, data management and automation across the portfolio management lifecycle.
Linedata says that the latest version of Linedata Global Hedge delivers an enhanced user experience for the front-office, including order generation, pre-trade compliance and middle-office operations. Further front-office improvements are multiple enhancements for trading, streamlined workflows, what-if analysis and pre-trade compliance, as well as mobile processing capabilities. Now supporting cryptocurrencies, Linedata Global Hedge enables trading, booking and tracking of Bitcoin (XBT) and related derivatives. Linedata Global
The Preqin All-Strategies Hedge Fund benchmark generated 2.18 per cent in January. This is the strongest start to a calendar year since 2013 (+3.49 per cent) and the highest return in a single calendar month since July 2016 (+2.24 per cent).
All top level strategies, trading styles, and geographical focuses posted positive monthly returns, demonstrating a superb month for hedge funds.
Equity strategies continued to lead the pack in January (+2.78 per cent) taking the 12 month return of the strategy to 16.20 per cent, significantly outstripping that of other top level strategies by over five percentage points.
In line with the broader hedge fund market, Alternative UCITS funds profited from the rising volatility in fixed income and equity markets towards the end of the month. The LuxHedge Global Alternative UCITS index advanced with +0.93 per cent, the largest monthly gain since October of 2015.
January is an especially interesting month to look at asset flows since most large institutions revise their strategic asset allocations. With fixed income yields at historical lows and elevated equity valuations, investors are increasingly looking for alternative return streams. Allocations to Alternative UCITS funds grew considerably and Assets under Management for the total
The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 2.61 per cent gain in January. All of Barclay’s CTA indices enjoyed a positive return in January.
“A seemingly nonstop rally in US equities that extended into its fifteenth consecutive month, coupled with continued price increases in gold, crude oil, and US Treasury yields provided a favourable trading environment for trend-following funds in January,” says Sol Waksman (pictured), founder and president of BarclayHedge.
Diversified Traders gained 4.14 per cent to start the year, Systematic Traders were up 3.28 per cent, Financials/Metals Traders gained 2.21 per cent,
A growing number of Jersey-registered fund managers are opting to future-proof their strategies and market into Europe through national private placement regimes (NPPRs) under the Alternative Investment Fund Managers Directive (AIFMD), according to the latest figures from Jersey’s regulator, the Jersey Financial Services Commission (JFSC).
As at December 2017, 149 alternative investment fund managers (AIFMs) had been authorised in Jersey to market into Europe through NPPRs, up 17 per cent compared to December 2016, clearly highlighting that the use of private placement continues to work well as a means of marketing funds into the EU.
Over the same period,
Japan Exchange Group (JPX) has successfully launched its new clearing system for exchange traded derivatives, based on Cinnober’s TRADExpress RealTime Clearing, and a CCP Risk solution.
The JPX ETD derivatives market is operated by the Osaka Exchange (OSE) and cleared by the Japan Securities Clearing Corporation (JSCC), both part of JPX.
With the new technology, JPX is modernising its post-trade and clearing infrastructure in a move to strengthen its position as an internationally renowned clearinghouse.
“By launching these new risk and next generation clearing systems we have created a cutting-edge post-trade infrastructure,” says Ryusuke Yokoyama, Senior Executive Officer
Cryptocurrencies have been a hot button topic among investors over the last 12 months but amid all the hype, the key question is: Is this a de facto asset class? Or merely an exotic star that will burn brightly only to end in a spectacular supernova? Just look at what has happened to the price of bitcoin in recent days.
It is a subject that generates differing opinions and will feature at next month’s Amsterdam Investor Forum, a leading forum for institutional investors and alternative investment managers in the EMEA region, which will be held on 6 and 7 March 2018 in
Investors are less confident that they can find value in emerging market equities than previously, according to the CFA UK latest quarterly Valuations Index, which measures investors’ perceptions of the values of bonds, equities and gold in Q4 2017.
The survey reveals that only 36 per cent believe emerging market equities to be undervalued, which is 5 per cent fewer than in Q2 and Q3 2017. Meanwhile, the proportion of respondents believing emerging market equities to be fairly valued also dropped from the previous quarter, from 35 per cent to 33 per cent. This follows a rise of nearly 3
Intelliflo has collaborated with Brookland Computer Services, a specialist technology solutions and advisory firm with 20 years’ experience working for regulated clients in the financial services and legal markets, to produce a comprehensive GDPR toolkit ahead of the new regulation coming into force on 25 May 2018.
The toolkit has been created specifically for the financial advice profession and provides a detailed overview of all aspects of the new regulation, also taking into account the discussions and agreements of the ongoing Intelliflo GDPR Working Group. As well as highlighting each of the requirements covered by the GDPR, it also provides
