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Stephen Kenny (pictured) and Daniel Edgson from Blick Rothenberg’s Financial Services team take a look at the Reporting Fund Regime and provides guidance on what UK investors and individuals need to be aware of.
Funds of hedge funds generated an average gain of 4.2 per cent during the first six months of the year, outflanking long/short equity hedge funds and convertible arbitrage strategies, with larger portfolios pulling ahead of the pack as bigger proved to be better in H1.
New analysis by Citco Fund Services shows funds of hedge funds maintained their positive momentum from 2020 – when they ended the year up more than 11 per cent on average – with a 4.2 per cent average return, and a median return of 4.3 per cent, between January and June this year.
The “vast
Over the past four years, high-net-worth investors have shown a preference for multi-strat specialists, as allocators search for hedge fund strategies capable of better controlling risks and locking-in returns.
Preqin has entered a partnership with the Indian Private Equity and Venture Capital Association (IVCA), under eligibility from the Securities and Exchange Board of India (SEBI), to produce performance benchmarks for alternative investment funds (AIFs) as an official benchmarking agency.
AIFs in India – classified as CAT I, II or III – operate across a wide range of asset classes including private equity & venture capital, real estate, infrastructure, private debt, and hedge funds. With a total of more than 730 such funds currently, they represent a part of the alternative investments ecosystem that is growing and becoming increasingly important
Baton Systems, a fintech transforming asset movements and settlements with solutions based on distributed ledger technology, has appointed Jerome Kemp as President.
Kemp joins the rapidly-growing business at a crucial time as demand for fully digital market infrastructures across the entire post-trade process accelerates. He brings 35 years’ experience in scaling businesses in the cleared derivatives space, with a track record of driving innovation to deliver transformational impact.
Prior to joining Baton, Kemp was Global Head of Futures, OTC Clearing, and FX Prime Brokerage at Citi, where he built the cleared derivatives business to a position of global leadership.
The SBAI, a global alliance of alternative investment managers and allocators and custodian of the Alternative Investments Standards, has released the first publication as part of its Culture and Diversity Initiative – Principles of Culture and Diversity Strategies.
There is general acknowledgement in the alternatives industry that diversity can help to improve industry outcomes, but putting in place an effective strategy to promote diversity can be challenging. The SBAI’s report provides five guiding principles which act as a framework for asset managers and allocators to define their own culture and diversity strategies.
In February 2021, the SBAI formed a Global
Digital asset investment products saw inflows totalling USD95 million last week, bringing the total run of inflows over the last six weeks to USD320 million, according to the latest Digital Assets Fund Flows Weekly report from Coinshares.
The continued inflows suggest the recent headwinds for digital assets, such as the widened China ban, were seen as buying opportunities for investors.
Ether followed bitcoin with inflows totalling USD29 million last week. Sentiment has remained relatively buoyant for ether as the amount staked to Eth2.0 progresses.
Solana and polkadot continue to see outsized inflows totalling USD3.9 million and USD2.4 million, representing 4.5
Hedge fund short sellers betting against Cineworld have seen their bearish positions tank after the global cinema chain’s share price rocketed on the back of the new James Bond movie release.
The Exchange Council of the European Energy Exchange (EEX) has welcomed the good preparation of the upcoming gas makets merger in Germany as well as the positive developments of the new Gas Financial Futures.
On 1 October 2021, the two gas markets GASPOOL (GPL) and NetConnect Germany (NCG) will merge into one German nationwide market area named Trading Hub Europe (THE). A number of EEX teams have been working to support all market players and stakeholders with this change, especially by providing trading solutions which will facilitate the smoothly merging of two hubs into one.
The new nationwide German market
RFA, the IT provider to the financial services industry, has launched a new Development Security Operations (DevSecOps) service for its clients.
