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Brummer & Partners’ flagship multi-strategy hedge fund vehicle ended 2021 in negative territory, despite solid annual showings from its trend-following, macro and systematic equity names.
Macro hedge fund firm Rokos Capital Management made more than GBP900 million in profits during the early days of the coronavirus pandemic, according to a report in the Financial Times.
The firm generated returns of 44 per cent in 2020 – its best annual performance to date – generating GBP914 million in profit in the 12 months to 31 March, 2021.
According to a filing with Companies House, the income is available to be divided up among the hedge fund’s partners with manager Chris Rokos, formerly a co-founder of Brevan Howard, eligible for the largest share of the gain, some
Bridgewater Associates has named co-CEO deputy chief executive Nir Bar Dea, and former Aetna Chief Executive Mark Bertolini, – a member of Bridgewater’s board for three years – as co-Chief Executives of the world’s largest hedge fund, according to a Finance News report.
The announcement was made in a memo to Bridgwater employees that was released publicly, informing staff that CEO David McCormick would be stepping down to consider running for the US Senate in Pennsylvania.
Bridgewater has had performance problems in recent years with the firm’s flagship Pure Alpha macro fund posting its worst monthly loss in March 2020.
FiscalNote, an AI-driven enterprise SaaS company that delivers legal and regulatory data and insights, is to acquire Aicel Technologies (Aicel), a Seoul, Korea-based alternative data company that provides alpha-capturing dataset solutions and extracts value and actionable insights to drive business solutions for emerging fintech markets around the world.
Aicel processes both proprietary and licensed data, such as trade and export information, patent filings, aggregated consumer and retail transactions, food delivery and home-sharing data, e-Commerce sales information, and ESG metrics on a subscription basis for customers including asset management companies, hedge funds, and investment firms.
Aicel leverages advanced technology to collect,
Infrastructure Capital Advisors (InfraCap), a manager of a series of hedge funds and ETFs has launched the InfraCap Equity Income Fund ETF (NYSE Arca: ICAP).
ICAP is an actively managed ETF overseen by portfolio manager and InfraCap Founder & CEO Jay D Hatfield. ICAP will primarily invest in equity securities of companies with a strong track record of paying dividends during normal market conditions.
ICAP’s portfolio of equities will generally be a diversified selection of securities, including a broad cross-section of sectors and sub-sectors, such as REITs, Utilities, Industrials, pipelines, and financials. In a further attempt to boost yield and
In the high-octane world of cryptocurrency, there are a few hard and fast rules. Markets are volatile, regulatory guardrails remain embryonic, and new digital coins are being minted and launched virtually every day.
Options Technology, a capital markets services provider, backed by Abry Partners, has achieved VMware Cloud Verified status in its East Coast NY5 data centre.
The accomplishment follows the VMware Cloud Provider Principal Partner Status awarded to the firm for their London facility earlier this year.
The Cloud Verified designation indicates that a provider offers a complete VMware-based, software-defined data centre infrastructure delivered as a service. VMware Cloud Verified partner services enable customers to achieve unmatched levels of consistency, performance, and interoperability for traditional and containerised enterprise applications with the confidence that the service received is based on the most advanced
Zhejiang High-Flyer Asset Management, one of China’s top quant hedge fund managers, has apologised to investors following a record slump in performance, according to a report by Bloomberg.
Cboe Global Markets, a provider of global market infrastructure and tradable products, is tolaunch futures on the AMERIBOR (American Interbank Offered Rate) Term-90 interest rate benchmark. The new futures are expected to begin trading on Cboe Futures Exchange, LLC (CFE) on business date Monday, 24 January, 2022.
AMERIBOR, disseminated by the American Financial Exchange, LLC (AFX), is a transparent, transactions-based interest rate benchmark that represents market-based borrowing costs. The AMERIBOR Term-90 benchmark is specifically designed to capture wholesale funding costs for American financial institutions over a ninety-day period at a specific moment in time.
The planned AMERIBOR Term-90 futures
Loyola Capital Management was named Best Equity Hedge Fund (up to USD500m) at the Hedgeweek Americas Awards 2021 as a result of its outstanding performance over the past 12 months. Loyola Capital Partners LP was up 298.3 per cent between 30 September 2020 and 30 September 2021, versus a gain of 71.6 per cent for the S&P 500. The portfolio is managed with significant concentration (four to ten holdings) and use of leverage as high as 2x equity.
