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Last month, most carbon markets experienced strong performance, with the EUA market rising 9 per cent and the CCA and RGGI markets gaining 10.8 per cent and 7.5 per cent respectively while the newly launched UK carbon market lost 4 per cent in June after making a strong debut in May.
Brazilian hedge funds are providing attractive risk-adjusted return for domestic investors, with a 23.38 per cent one-year return, according to research published by Preqin, the global leader in alternative assets data, tools and insights.
Preqin analysed the data of 349 Brazilian hedge funds it is currently tracking, crowning Verde Asset Management as the top Brazilian hedge fund firm by asset under management (AUM), followed by SPX Capital, Itau Asset Management, Kapitalo Investimentos and Legacy Capital.
Equity strategies, which make up the bulk of the hedge funds in Brazil with 41.74 per cent, had cumulative returns over three-years of 16.25
Black Ocean, a liquidity-providing platform incubated by the high-frequency quantitative trading institution VRM, has partnered with CV Labs, a Swiss blockchain ecosystem business and incubator that provides co-working, advisory and event services for startups and corporate clients.
Read the full story at Institutional Asset Manager…
The global hedge fund business returned +0.18 per cent in June, bringing year to date (YTD) performance for the industry to +9.22 per cent, the best first half performance since 2009, according to the just-released eVestment June 2021 hedge fund performance data.
“This year’s performance is impressive by an even longer measure, as in the last 20 years H1 returns have only been near or better than 2021’s three other times, in 2000, 2003 and 2009,” says eVestment Global Head of Research Peter Laurelli.
Hedge fund performance in June continued a streak of good news for the industry, which
Arcesium, a global financial technology and professional services firm, has partnered with Snowflake, the Data Cloud company. This partnership will serve as Arcesium’s foundational database designed to extend its data platform capabilities.
Hedge funds are in a buoyant mood heading into the second half of the year, boosted by impressive Q2 performances and increased capital inflows, according to a key industry confidence metric.
The latest Hedge Fund Confidence Index – published jointly by the Alternative Investment Management Association, Simmons & Simmons and Seward & Kissel – shows industry optimism continued to grow in the second quarter of 2021, having earlier surged 40 per cent in Q1.
The data shows hedge funds’ optimism for the coming 12 months is now at “the highest it has been for many years”, AIMA, Simmons & Simmons
Eurex’s established direct access model for the buy-side, ISA Direct, is being extended to broaden its availability to a greater range of market participants, including hedge funds.
These firms, and their counterparty dealer banks, will now be able to benefit to an even larger degree from the capital and risk management advantages that come through direct access to repo clearing at Eurex. Go live of the expanded model, ISA Direct Indemnified, is planned for the fourth quarter of this year after having recently received regulatory approval.
Alongside the launch of ISA Direct Indemnified, Eurex has this week published a
XTX Markets’ Execution Algo is now available on the BidFX Algo Hub, providing an implementation shortfall execution algorithm that BidFX clients can now access as algorithmic trading in FX continues to increase.
Read the full story at Institutional Asset Manager…
DMA Prime, a provider of execution and prime brokerage services to institutional asset managers in South Africa, has selected TORA’s OEMS and TORA’s outsourced trading service.
Read the full story at Institutional Asset Manager…
AI-based asset manager Quantumrock has proven that its flagship strategy, the Volatility Special Opportunities Program (VSOP), can make a positive contribution to earnings even in markets with low volatility.
Although the first half of 2021 was characterised by a bull market with low volatility, the VSOP strategy closed the last six months at +4.01 per cent.
Michael Zeller, CIO of Quantumrock, says: “At first glance what seems little compared to the S&P 500, is, if you look closer, a proof of the robustness of the VSOP strategy. It was designed as a hedge for volatile markets, but it shows
