Latest News
Q4 was another solid quarter for hedge funds, with most strategies and all AUA categories delivering positive results, according to the Citco 2021 Q4 Hedge Fund Update.
Overall weighted average returns for hedge funds were 1.52 per cent.
The quarter once again largely continued a trend for funds on the Citco platform with net positive inflows for the months intra-quarter, and the quarter-end trading cycle experiencing some net outflows. In aggregate, investors added a net total of USD5.7 billion over the whole three-month period.
In terms of flows into and out of strategies, Private Capital Hybrid saw impressive net capital
Macro hedge fund Brevan Howard Asset Management had one of its best ever trading days on 4 February, according to a report by Bloomberg.
The firm benefitted from bets on short-term euro rates after the ECB signalled that it may begin to start raising interest rates this year. Star trader Fash Golchin who chalked up record losses last year, is said to have made 8 per cent, according to unnamed sources.
The firm’s multi-trader Alpha Strategies platform, plus several other managers including Louis Basger, Minal Bathwal and Alfredo Siatta, are also said to have made gains.
Trium Capital, a multi-PM alternatives asset manager based in London and Dublin, has launched the Trium Alternative Growth Fund as investor demand for uncorrelated returns strategies continues to grow in the face of higher market volatility and rising inflation.
MSCI Inc, a provider of critical decision support tools and services for the global investment community, has partnered with GeoQuant and ELEVATE to enhance the capability of MSCI’s ESG data ecosystem.
MSCI clients will now have access to GeoQuant’s ESG Geopolitical Risk Dataset, which fuses political and computer science to provide daily indicators and two-year predictions on 40-plus governance, social, security, and environmental risks across 127 countries.
Through GeoQuant’s “Human + Machine (AI)” model, large volumes of reputable data, news and social media content are sorted to create intelligent algorithms that are further calibrated by a team of PhD political
Odeon Capital Group (Odeon), a New York-based independent Broker-Dealer with trading, investment banking, and research services, has hired Pierre Y Chung, CFA as a Managing Director on its Credit/Special Situations desk.
Working with Peter Schellbach, Head of Corporate Trading, Pierre will focus on sourcing unique product across the credit spectrum. Prior to joining Odeon, he was a Managing Director at both Cowen and Guggenheim. Prior to that, Pierre was with Marblegate Asset Management, Macquarie Bank, and The Blackstone Group.
Under the leadership of Neal Thomas, a capital markets veteran with over three decades of experience in High Yield/Distressed sales and
Three senior executives from alternative investment platform CAIS have joined Forbes Councils, an invitation-only organisation where top business leaders and entrepreneurs across industries share insights via educational content published on Forbes.com.
Abby Salameh, Chief Marketing Officer, joins the Communications Council, Shane Williams, Chief Technology Officer, joins the Technology Council, and Alessandra Van Der Meulen, Director of People Experience, joins the Human Resources Council.
All three leaders were vetted and selected by an independent review committee based on the depth and diversity of their respective experience. Criteria for acceptance includes a track record of successfully impacting business growth metrics, as well
The State Street Investor Confidence Index (ICI) increased to 103.9 in February, up 13.9 points from January’s revised reading of 90.0.
The increase was led by a 12.6 jump in North American ICI to 106.2 as well as an 8.3 rise in European ICI to 93.9. Asian ICI, meanwhile, fell a modest 0.2 points to 96.9.
The Investor Confidence Index was developed at State Street Associates, State Street Global Markets’s research and advisory services business, in partnership with FDO Partners. It measures investor confidence or risk appetite quantitatively by analyzing the actual buying and selling patterns of institutional investors.
The hedge fund industry experienced net outflows in December with USD20.4 billion in redemptions, equivalent to a -0.44 per cent reduction in industry assets, according to the Barclay Fund Flow Indicator published by BarclayHedge, a division of Backstop Solutions.
The European Energy Exchange (EEX) has announced its role in the newly launched S&P GSCI European Power indices which utilise price data from EEX’ flagship European power futures contracts.
The new indices are a first of their kind for the power industry and will include German, French, Italian and Spanish power futures prices listed on EEX. As a result, potential investors now have a suite of credible and reliable performance benchmarks which track the price development of the power market, while reflecting the ongoing shift from fossil fuel reliance to a more sustainable energy mix.
ESG considerations have increasingly
Bybit, one of the world’s fastest-growing cryptocurrency exchanges, will soon release its USDC perpetual contracts. The new product will allow users to trade using their USDC balance on Bybit’s derivatives exchange.
Bybit’s new USDC perpetual contract will first open to whitelisted traders, allowing them to use USDC as collateral and place long or short contracts with up to 100x leverage and no expiration date.
Taking bitcoin perpetual as an example, traders will be able to place an order based on the quantity of bitcoin, and calculate the margin, profit, and loss based on USDC. The new contract joins Bybit’s other
