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The latest flash estimate for the Barclay CTA Index, compiled by BarclayHedge, shows a 1.75 per cent gain in October. Year to date, the index is up 0.15 per cent.
Diversified Traders led for the month with a gain of 2.50 per cent, followed by Systematic Traders at 2.46 per cent and Financial/Metals Traders up 2.02 per cent. Currency Traders notched a modest gain of 0.25 per cent while Discretionary Traders fell 0.06 per cent and Agricultural slid by 0.31 per cent.
“Global equity markets provided the biggest boost to returns as the S&P 500 rally moved into its
Hedgd, a provider of software and services aimed at giving firms full visibility over transactions throughout the trade lifecycle, has joined UnaVista’s Partner Programme.
UnaVista is London Stock Exchange Group’s (LSEG) global hosted platform for all matching, validation and reconciliation needs. It offers a range of business solutions through one interface designed to help firms become more efficient, and reduce operational and regulatory risk across all asset classes.
UnaVista’s service includes an Approved Reporting Mechanism (ARM), that firms can use to meet their Transaction Reporting obligations to National Competent Authorities (NCAs) in order to comply with MIFID II.
Bitcoin expert Nicholas Gregory, founder and CEO of London-based cryptocurrency enabler CommerceBlock, comments on recent volatility in cryptocurrency prices…
Prices of digital currencies have been on a rollercoaster ride lately but this violent volatility is actually all a bit of a sideshow.
The simple reason is that plenty of people hold billions of pounds worth of cryptocurrency right now at no risk. That’s because they are using hedging or short positions to cover losses that might occur before they are able to convert their money into pounds and pence. This is common practice for businesses using traditional currencies and
MTS and UnaVista are teaming up to offer a regulatory reporting solution for firms who execute Securities Financing Transactions (SFTs), such as repo trades.
Market participants with a connection to UnaVista Trade Repository and who trade repo contracts on the new Global Collateral Management (GCM) segment of MTS BondVision will be able to match initial trade data fields, creating an entry in the UnaVista portal which can be populated and enriched with additional data.
The proposed regulation covers SFTs conducted by any firms established in the EU, regardless of where the individual branch is. It will also
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for October 2017 measured 0.86 per cent.
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.39 per cent in November.
“SS&C GlobeOp’s Capital Movement Index showed a net inflow for November 2017, gaining 0.39 per cent,” says Bill Stone (pictured), Chairman and Chief Executive Officer, SS&C Technologies. “On a comparative basis, this was somewhat lower than the 0.66 per cent increase in the index reported a year ago for November 2016, but well within the range of normal variation. Overall, this month’s results
Hedge funds are on track to deliver their best year since 2013, according to the HFRI Fund of Funds Composite Index, which is up 6.8 per cent year to date (at end of October).
The Lyxor Hedge Fund index, which is narrower and only composed of liquid alternative funds, is up 4.7 per cent year to date (as of 7 November). Provided that performance stays strong in November and December, this year could be the best year for hedge funds since 2009.
The sources of hedge fund returns, after two disappointing years in 2015 and 2016, are first related
Innovation means many things to many people but with respect to financial services, Northern Trust is quite clear that innovation should create real value for the client or shareholder. In other words, there is no point innovating for innovation’s sake.
Too many times people think about innovation as relating to the latest technology, whereas in reality it can be much simpler than that.
“The best example outside of the financial industry is the automotive industry,” comments Pete Cherecwich (pictured), President of Corporate & Institutional Services at Northern Trust. ‘When you buy a car, you have a cup holder between the
Quantitative and systematic-focused investment manager Systematica Investments has extended its portfolio offering to a broader investor base through the launch of a new UCITS fund based on the Systematica Alternative Risk Premia (SARP) strategy.
Since its launch on 1 March 2017, SARP has seen strong investor interest, growing assets under management to USD120 million. A UCITs version of the SARP strategy has been made available to UK and European investors and their advisers from 8 November 2017, with a commitment to invest from a significant seed investor of USD122 million. The fund will have daily liquidity and will be Systematica’s
Singapore Exchange (SGX) has launched net total return and price return futures on the MSCI Emerging Markets (EM) and MSCI EM Asia indices, making it the first and only exchange in Asia to offer investors exposure to these fast-growing market segments.
Asia is the dominant risk and investment factor to the EM basket, with over 70 per cent capital weightage of the index. The introduction of these new futures contracts is the next stage of evolution in SGX’s comprehensive portfolio of Asian country-specific equity and currency indices, and reflects both MSCI and SGX’s belief that Asian investment exposure will grow
Hedge funds returned an average of 1.22 per cent in October and are up 7.18 per cent YTD in 2017, according to eVestments’ latest Hedge Fund Industry Report.
Eighty per cent of the industry is positive in 2017, with average gains from those funds in the black nearing 12 per cent. In October, the hedge fund industry returned an average of +1.22 per cent, bringing year-to-date (YTD) returns to +7.18 per cent.
Managed futures funds had one of their best months ever in October, returning +3.76 per cent for the month. At +2.25 per cent, YTD returns still lag
