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With the Covid-19 pandemic looming large over global economies for a second year, and markets and asset classes enduring sporadic bouts of volatility, hedge funds once again made a strong case for their inclusion in investors’ broader portfolios during 2021.
The industry generated double-digit gains averaging more than 10 per cent last year, falling just short of 2020’s near-12 per cent rise, but nevertheless recording its third-best performance since 2009, when an assortment of hedge fund strategies scored stellar returns amid the turmoil of the Global Financial Crisis.
Perhaps more importantly, though, 2021’s steady showing appears to have consolidated hedge
Horizon Software, a provider of electronic trading solutions and algorithmic technology, has appointed Isabelle Dominjon as Business Development Manager EMEA to accelerate Horizon’s expansion in EMEA region.
Katten Muchin Rosenman has appointed Alice Bell as a partner in the firm’s Financial Markets and Funds (FMF) group.
US warehouse-focussed real estate investment trust LXP Industrial Trust, has received an ‘expression of interest’ to acquire the business for USD4.5 billion from hedge fund Land & Buildings Investment Management, according to Reuters.
Centica, the owner of Britain’s largest energy supplier British Gas, is bracing for an assault from activist hedge fund investors looking to cash in on the global energy crisis, according to a report by The Daily Telegraph.
LUCA Japan, a digital platform for alternative investments has formed a strategic partnership with Xen Technologies Pte Ltd (Xen Capital), a Singapore-based digital platform that provides a white-label alternative investment solution and marketplace.
Hedge fund Elliott Management Corp and Vista Equity Partners are planning to acquire Citrix Systems Inc in a deal that values the US cloud computing company at about USD13 billion, according to a report by Reuters.
SEI has formed a strategic partnership with Maybank Group (Maybank) to provide Maybank’s clients with access to SEI’s manager selection platform and asset management capabilities, including proprietary manager research and due diligence, risk management, and investment research, to Maybank clients.
Redwheel – the new brand name of specialist, independent investment manager,RWC Partners – has promoted Benjamin Hall to Co-Portfolio Manager of the Global Horizon Equity team, led by Louise Keeling, and appointed of Gillian Elcock as Investment Director.
