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Most funds were up last week, with CTAs significantly outperforming, according to Lyxor.
Long term CTAs were up an impressive four per cent last week (10 per cent YTD), and are now the best strategy in 2014 by a wide margin.
They are generating performance from almost all asset classes, capitalising on their long exposures on equities and the USD, and short on commodities. Gains were especially generated on short Euro and Japanese Yen on FX, and short energy and precious metals on commodities.


L/S equity funds also benefited from the rally in Japanese stocks. This follows two
Neuberger Berman Group has appointed investment management expert Celine Dufetel as its new head of client service, effective immediately.
Dufetel joins Neuberger Berman from management consultant McKinsey & Company, where she was a partner and served as leader of the North American asset management practice. She has deep expertise across the asset management arena, including the institutional, wealth management and retirement channels, and has led teams across a broad range of strategy, distribution, organisation and operations engagements.
Dufetel is currently a member of the board of directors for CityHarvest, a non-profit organisation committed to ending hunger in communities throughout
All the Newedge managed futures indices posted positive returns for the third consecutive month in October, extending the positive performance in 2014 YTD.
Trend-following strategies continue to drive returns, with the Newedge Trend Index returning +1.76 per cent for the month.
The Newedge Trend Indicator also posted another positive month, showing +1.83 per cent for October, bringing 2014 YTD performance to +20.29 per cent.
Data from the Newedge Trend Indicator shows that both the bond and currency sectors were the main drivers of portfolio performance in October, with bonds contributing +2.70 per cent and currencies +1.69 per cent.
Over 200 Canadian hedge fund and financial services professionals and supporters gathered at the Spoke Club in Toronto on 4 November for the 11th annual "Open Your Hearts to the Children Gala".
The special fundraising evening organised by Hedge Funds Care/Help for Children Canada (HFCC) raised nearly CAD200,000 for the prevention and treatment of child abuse. This brings the amount the annual event has raised to date to more than CAD1.7 million. The funds raised are allocated to local charities and organisations that focus on child abuse prevention and treatment.
"Once again the hedge fund and broader financial services industry in
The number of alternative and multi-asset fund launches have increased 15 per cent since 2010, according to research from Cerulli Associates.
"The market crisis was highly disruptive, temporarily halting new product introductions as budgets were slashed, but in the longer term it triggered creative disruption," says Cindy Zarker, director at Cerulli. "Five hundred new mutual funds have been created on average each year since 2010. Three of the most prominent areas of product innovation have been alternative investments, multi-strategy funds, and index-based strategies."
The November 2014 issue of The Cerulli Edge – US Edition analyses product innovation, exploring client-centric approaches,
A new joint programme between the Shanghai Stock Exchange (SSE) and the Hong Kong Stock Exchange (HKEx) will allow non-resident investors to invest in Chinese companies whose shares are listed on the SSE and denominated in Renminbi only, so-called "China A-shares", without having to apply for a status as a Qualified Foreign Institutional Investor (QFII) or Renminbi Qualified Foreign Institutional Investor (RQFII).
Doing so, the Shanghai-Hong Kong Stock Connect Program will enable Chinese firms to further broaden their investor base, who in return will gain another access opportunity to a desirable asset class.
Simultaneously to the launch of the
The Palaedino Fund (UCITS IV) and Sabre Fund Management Limited (Sabre) have launched the Sabre Dynamic Equity Fund.
Sabre Dynamic Equity is a quantitative Long/Short Equity Fund that invests across a broad universe of 800 large/midcap European stocks and 500 large-cap US stocks.
The strategy achieves its performance from exploiting systematic inefficiencies in equity returns driven by typical investor behaviour. The new UCITS Fund is a mirror of the Cayman Fund that Sabre has been managing since early 2013. The Fund provides investors with a defensive equity product, with a flexible range of -30/+80% net exposure. Since the inception of this strategy, the average net adjusted beta exposure
The Lyxor Hedge Fund Index was down 2.3 per cent in October (YTD -1.4 per cent) with just three out of 12 Lyxor Indices ending the month in positive territory.
The Lyxor CTA Short Term Index (+1.7 per cent), the Lyxor Long Short Equity Market Neutral Index (+0.4 per cent) and the Lyxor CTA Long Term Index (+0.1 per cent).
Sentiment deteriorated rapidly as a marginal shift in the fragile balance between US reflationary dynamic and Eurozone deflationary forces raised doubts about global growth prospects. Moreover, the USD appreciation started to be considered as a growing threat for US
The London Metal Exchange (LME) has launched two market-wide consultations concerning enhancements to its physical delivery network and to the LME Warehouse Agreement.
“We are pleased to be able to issue these two consultations following our recent success in the judicial review appeal. We are committed to providing an optimal physical delivery network for all our users and we encourage market participants to share their views,” says Matthew Chamberlain, LME head of business development.
Following a logistical review carried out by an independent consultancy, Oliver Wyman, the LME proposes to make a number of amendments to its policy governing
DealVector has added secondary market pricing data from Structured Credit Investor’s (SCI) PriceABS service to its BWIC Board.
BWIC Board is a marketplace where investors can view bid requests from across the market, set alerts for specific bonds or bond criteria, and respond directly to the broker of their choice.
For the next 30 days, investors registered with the marketplace will have free access to current and historical talk and cover prices from SCI PriceABS in the DealVector BWIC Board. Every time a bond comes out on BWIC, members will be shown available pricing history from SCI’s comprehensive database
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