Latest News
As global economies remain finely balanced between reopening and containing Covid-19 variants, metals and mining-focused hedge fund Delbrook Capital is positioning its portfolio for fresh market volatility up ahead.
The Vancouver-based firm’s long/short equity-focused strategy, the Delbrook Resource Opportunities Master Fund, scored a 3 per cent gain in July, partially recovering from the previous month’s 4.4 per cent slide, bringing its year-to-date return to 31 per cent. Its investment universe spans a range of commodities including gold, silver, platinum and palladium, as well as base metals such as copper and zinc, industrial metals including iron ore and coal, and energy
The European Energy Exchange (EEX) has published the prospective 2021 schedule for sell-offs for the national Emissions Trading System (nEHS) in coordination with the German Federal Environment Agency.
With the introduction of the nEHS at the beginning of 2021 a CO2 price for the heat and transport sectors is set at a national level for the first time.
The first sell-off session of the nEHS is expected to take place on 5 October 2021. The sessions will be held twice a week throughout the year, Tuesdays and Thursdays, for six hours each from 9:30 am until 3:30 pm CET. The
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, today announced the appointment of Linda S Huber as Chief Financial Officer (CFO). She will join FactSet in early October 2021.
Huber brings over 30 years of experience in the financial services industry, including 15 years as a public company CFO. As CFO, Huber will lead FactSet’s global nance organisation and oversee all financial functions, including accounting, corporate development, financial planning and analysis (FP&A), treasury, tax, and investor and media relations. She will report to Phil Snow, FactSet’s Chief Executive Officer.
“We are delighted to welcome Linda to
London-based Nickel Digital Asset Management (Nickel), Europe’s largest regulated digital assets hedge fund manager founded by senior traders and investment professionals formerly from major financial institutions including Goldman Sachs and JPMorgan, says the UK is one of the most attractive markets for hedge fund managers focusing on crypto and digital assets, as new research reveals potential for strong growth in the country.
Nickel’s clients include institutional investors, global wealth managers and ultra-high net worth individuals from around the world.
Nickel Digital recently commissioned a survey with 23 institutional investors and wealth managers in the UK who collectively oversee $66.5 billion
Digital asset investment products returned to positive inflows last week following a run of six weeks of out flows’ according to the latest Digital Asset Fund Flows report from CoinShares.
Positive price action in recent weeks has now pushed total assets under management (AuM) to USD57.3 billion, the highest since mid-May.
Solana, a competitor to Ethereum, saw the largest inflows of any digital asset last week totalling USD7.1 million.
Ethereum saw minor inflows totalling USD3.2m last week along with other altcoins such as Cardano, Litecoin and Polkadot which saw inflows of USD6.4 million, USD1.8 million and USD1.1 million respectively.
Bitcoin saw
Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, has appointed Devi Shanmugham as Global Head of Compliance, effective 16 August, 2021.
Los Angeles-based TrueRisk Capital is a newly-established fully-systematic CTA manager which trades a range of algorithm-based options and futures strategies developed by co-founder and chief quant Rito Bhattacharyya over the course of almost nine years.
Cboe Global Markets, a provider of global market infrastructure and tradable products, is to launch futures on the AMERIBOR (American Interbank Offered Rate) Term-30 interest rate benchmark.
The new futures are expected to be available for trading on Cboe Futures Exchange, LLC (CFE) on business date Monday, 13 September, 2021, subject to regulatory review.
The AMERIBOR Term-30 benchmark, disseminated by the American Financial Exchange (AFX), is designed for financial institutions in need of forward-looking short-term interest rates as the planned cessation of LIBOR approaches. The benchmark is designed to capture wholesale funding costs for American financial institutions over a thirty-day
PGIM Fixed Income, a global asset manager offering active solutions across all fixed income markets with USD954 billion in assets under management, has hired Guillermo Felices as global investment strategist in London, effective immediately.
Felices will work under Gregory Peters, PGIM Fixed Income managing director and head of multi-sector and strategy.
PGIM Fixed Income is part of PGIM, the global investment management business of US-based Prudential Financial, Inc (PFI) (NYSE: PRU) and one of the world’s top 10 asset managers with more than USD1.5 trillion in assets under management.
Felices joins from BNP Paribas Asset Management where he was
Special Reports
FeatureD
- Insight
Hedging activity stays lively, despite volatility falling in August
Hedging activity stays lively, despite volatility falling in August