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insightsoftware, a global provider of reporting, analytics, and performance management solutions that drive greater financial intelligence, has expanded its Angles product line, with the launch of new solutions for no-code operational reporting for NetSuite and Deltek.
The original Angles product family, including Angles for SAP and Angles for Oracle, came to insightsoftware via its acquisition of Magnitude Software. Recognising a need for better operational analytics, insightsoftware leveraged award-winning technology from Logi Analytics to provide NetSuite, Deltek Vision, and Deltek Vantagepoint users the ability to customize, create, and share interactive dashboards and reports across all departments of a business.
Angles products
Former Brevan Howard trader, Giles Coppel, has been appointed by the hedge fund Cinctive Capital Management, according to a report from Reuters.
With global macro investments becoming more popular, Cinctive has hired Coppel to lead a new macro strategy team that will bet on interest rates and currencies.
After profiting from a recent rally in the value of Brazil’s real, hedge fund Legacy Capital is now betting on an uplift in the Mexican peso, according to a report by Bloomberg.
The report quotes a client note as revealing that the USD4.3 billion Sao Paulo-based manager has opened a long position on the peso versus the US dollar, while also shorting the benchmark S&P/BMV IPC stock index.
A similar combined position on the Brazilian real and stocks has already seen Legacy Capital rack up big gains this year with the firm’s flagship fund posting a record 5 per cent
A hedge fund run by billionaire macro trader Chris Rokos has bounced back from record losses last year, to point a 7 per cent gain in Q1 2022, according to a report by BNN Bloomberg.
Recent market volatility caused by geopolitical uncertainty and soaring inflation has created opportunities for macro hedge funds to make gains and Rokos’ fund is no exception having posted a 2.1 per cent advance last month alone.
The fund suffered record losses last year on the back of big swings in bond markets posting a 26 per cent decline.
Macro hedge funds surged to lead industry-wide gains in March, completing a record Q1 by again posting sharp returns as financial market volatility was exacerbated by skyrocketing inflation, rising interest rates and expectations for continued increases, and escalation of the Russian military conflict in Ukraine.
The investable HFRI 500 Macro Index surged +6.25 per cent in March, extending its Q1 2022 return to +10.0 per cent, with strong contributions from Commodity, Fundamental Discretionary, and Quantitative, trend-following strategies. The investable HFRI 500 Fund Weighted Composite Index advanced +2.4 per cent for the month, extending its Q122 return to +0.85 per cent,
BTIG has appointed Gil Tollinchi as a managing director in the firm’s Fixed Income Credit unit.
Tollinchi brings more than 20 years of experience to the firm. Most recently, he was a Financial Services Consultant and Investor. Previously, he was a Senior Portfolio Manager at Pretium Partners, and held senior positions within credit sales and loans at Nomura Securities and Golub Capital.
Prior to that, Tollinchi spent over ten years at Crescent Capital where he was the Head of Trading and Capital Markets.
Artisan Partners has launched the Artisan Global Unconstrained Fund effective 31 March, 2022, and the Artisan Emerging Markets Debt Opportunities Fund, effective 7 April, 2022.
The Funds are managed by the Artisan Partners EMsights Capital Group, led by Portfolio Manager Michael Cirami, CFA, Head of Global Trading Michael O’Brien, CFA, and Portfolio Manager Sarah Orvin, CFA, all of whom joined Artisan Partners in September 2021 to build the firm’s newest autonomous investment franchise. Cirami will serve as Lead Portfolio Manager and Orvin will serve as Portfolio Manager for both Funds.
The new funds offer broad exposure to the global and
New data from AIMA’s most recent confidence index has revealed that confidence among North American and Canadian hedge fund managers was down 42 per cent from its last peak in the second quarter of 2021, according to a report by Institutional Investor.
In Asia, businesses only dropped 19 per cent, but managers remain wary.
Despite market turbulence making markets favourable, with inflation, rising interest rates, and war in Ukraine, managers across the US and Asia Pacific regions are nonetheless losing confidence in future business opportunities.
Some 90 per cent of hedge funds remain confident about their business prospects for the
Hedge fund managers just starting out can sometimes underestimate the significance of selecting a law firm to assist in their fund launch. Selecting a firm solely based on cost can set a fund back and potentially turn out to be a more costly exercise, if the initial advice is fails to understand the manager or the market place – it’s not just about getting the law right.
Derivatives marketplace CME Group and CF Benchmarks, a provider of cryptocurrency benchmark indices, are to launch 11 new cryptocurrency reference rates and real-time indices, which will be calculated and published daily by CF Benchmarks, beginning 25 April.
These reference rates and indices are not tradable futures products. They are: algorand (ALGO); bitcoin cash (BCH); cardano (ADA); chainlink (LINK); cosmos (ATOM); litecoin (LTC); polkadot (DOT); polygon (MATIC); solana (SOL); stellar lumens (XLM); and uniswap (UNI)
CME CF Reference Rates and Real-Time Indices are based on robust methodologies that have regular expert oversight and are designed to meet the growing need for
