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Managed futures gained 0.96% in February according to the Barclay CTA Index compiled by BarclayHedge.
“Geopolitical upheaval in the Middle East, rising commodity prices, and an on-going rally in equity markets were the main drivers of CTA returns in February,” says Sol Waksman, founder and president of BarclayHedge.
Seven of Barclay’s eight CTA indices were profitable in February. The Barclay Diversified Traders Index gained 1.56%, Systematic Traders were up 1.10%, Agricultural Traders rose 0.79%, Financial & Metals Traders gained 0.42%, and Discretionary Traders were up 0.41%.
“CTAs trading diversified portfolios were in an excellent position to profit, given that the
EDHEC-Risk Institute has created a spin-off, EDHEC-Risk Indices & Benchmarks, which aims to be one of the leading beta designers for the investment industry.
EDHEC-Risk Indices & Benchmarks will be based in London, New York, Nice and Singapore and has recruited two experienced executives to spearhead business development in Europe and North America.
Professor Noël Amenc (pictured), Director of EDHEC-Risk Institute and Chairman of EDHEC-Risk Indices & Benchmarks says: “EDHEC-Risk Indices & Benchmarks hopes to be perceived as a concept and implementation provider for smart beta. We believe that the index and benchmarking research that EDHEC-Risk Institute has conducted
Leading global hedge fund administrator, Citco Group, announced this week that its fund services division – Citco Fund Services – had opened
A new report by Hong Kong’s Securities and Futures Commission (SFC) has revealed that, as of end-September 2010, assets in Hong Kong’s hedge funds had climbed y-o-y by
New York-based hedge fund heavyweight, Fortress Investment Group LLC, has apparently started an Asia-focused macro fund – the Fortress Asia Macro Fund &ndash
The tragic events unfolding in Japan, with economic costs still yet to be fully comprehended, are putting immense pressure on its economy, in particular its massive debt burden.
A joint venture between BNP Paribas CIB and BNP Paribas Investment Partners’ asset management division has led to the creation of a new Investment Partner: THEAM.
The new entity, a 100 per cent owned subsidiary of BNP Paribas IP, is headed up by Gilles Guerin as CEO and represents a melding together of two specialist divisions spanning investment banking and asset management: SIGMA, whose team comprises 89 asset management specialists managing EUR44.3billion in client assets as of end-December; and Harewood Asset Management, created in 2004 by BNP CIB’s Equity Derivatives teams and whose team of 35 capital market specialists manage
Venus Capital was established in Boston in 1994 and regards itself as North America’s first India-focused hedge fund. The firm was registered with the SEC in 2000 and manages the assets of a variety of private clients, principally family offices, funds of funds, pension funds and endowments.
Vik Mehrotra is the firm’s founder and chief executive and is also portfolio manager to the flagship Venus Relative Fund. Dylan Tinker is Venus Capital’s second portfolio manager and trading strategist, who assists across all funds. The other members of the management team include trading strategist Tajinder Singh, an ex-Fortis prop trader, and
Simmons & Simmons’ hedge fund practice has been advising hedge fund sponsors and managers since the early 1990s when the alternatives industry started to flourish across Europe.
It has the largest hedge fund team in London of any law firm, comprising a core team of 14 partners and 40 other legal staff. In addition, specialised lawyers outside the core team in London, including in the main economies across Europe, are available to advise on an array of issues pertinent to hedge funds.
Simmons & Simmons combines in-depth experience with expertise in specialist areas that enables the firm to advise on
Sidley Austin has a premier global practice in advising investment funds and advisers. Sidley’s lawyers serve virtually every type of investment fund and investment manager as well as other market participants. More than 120 corporate, securities and derivatives lawyers serve investment fund, investment management and derivatives work worldwide.
Sidley’s principal strengths are its deep and sophisticated knowledge as well as breadth and geographical reach. The firm serves its clients in every substantive investment management and fund discipline.
“In supporting our hedge fund manager clients, we are able to utilise our knowledge across practice areas such as tax, employment and market
