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The managed futures industry cut its monthly loss to -0.13% in December, following a -1.33% loss a month earlier, according to the Barclay CTA Index, compiled by BarclayHedge. CTAs were in positive territory for the year, however, posting a 7.33% return for 2022, riding a string of gains in eight of the past 12 months.
Macro hedge fund LHG Capital Management (LHG) has surpassed $1 billion in assets under management (AUM), consolidating its position as one of the largest pure-play global macro hedge funds in the Asia-Pacific region.
Integral, a currency technology provider to the financial markets, has launched Integral Digital, a full extension of its trading and client distribution platform for banks, brokers and hedge funds to support cryptocurrencies and fiat-backed stablecoins.
Options Technology, a Capital Markets services provider, has secured VMware Cloud Verified status in SG1 Singapore. The accomplishment follows the VMware Cloud Provider Principal Partner Status awarded to the firm last year alongside Cloud Verified attainment at MTL4, TR2, NJ2, PRDC, LHC, LD4 and NY5 sites.
Balyasny Asset Management is set to push on with its recent recruitment drive in 2023 as the multi-strategy hedge fund continues to diversify its investment activities, according to a report by eFinancial Careers.
As recession fears continued to pull equity markets down in December, the hedge fund industry posted its own – if smaller – monthly loss, down -1.68% for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge.
The hedge fund industry fared better than the S&P 500 Total Return Index for the year as well, losing -8.59% over the 12 months while the S&P 500 Total Return Index fell -18.14%. The industry’s 9.45% outperformance in 2022 marks the first instance in more than 14 years where hedge funds have outperformed the index in a calendar year.
Charitable foundation the Wellcome Trust managed a return of 1.7 per cent from its £34.8 billion investment portfolio in the year to 30 September 2022, with some of its hedge fund allocations helping to offset big losses from equities, according to the Trust’s latest annual report.
The Headstart Fund of Funds successfully navigated last year’s volatile markets and recorded a third consecutive year of double-digit positive performance in the process with a 20.67% return.
Nine out of ten hedge fund traders will use artificial intelligence to achieve portfolio returns during 2023, according to a new survey of the top 50 hedge fund managers carried out by London-based market intelligence specialist Market Makers.
BMLL, an independent provider of historical Level 3 data and analytics, has appointed former Société Générale, Goldman Sachs and UBS executive Jenny Chen as Head of Sales, Americas.
The appointment follows the recent appointment of Rob Laible as Head of Americas (January 2023) and delivers on BMLL’s strategic growth plans for geographic expansion, to meet the increasing client demand for Level 3 data and analytics in the US and globally.
BMLL already serves a number of US based clients and says it has seen growing demand for its granular Level 3 data and analytics capabilities from increasingly sophisticated market participants,
