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If you’re a member of an LLP, you need to watch out to avoid being caught unexpectedly by the Salaried Member Rules. Stephen Kenny (pictured) from Blick Rothenberg’s Financial Services team looks at the rules in more detail and explains what you need to know.
Healthcare-focused equity hedge fund Rhenman & Partners scored a near-12 per cent return in the first six months of the year, as a number of correct calls in biotechnology and pharmaceuticals stocks drove gains in June.
REYL & Cie’s investment team has highlighted the strong performance of hedge funds over the past two years in the company’s latest Quarterly Compass investment update.
REYL & Cie says performance has been between 5 per cent and 11 per cent per annum, with all major strategies performing with a strong dependence on global equity markets, but with a low sensitivity (beta). Indeed, the correlation of the Global Hedge Index with the MSCI World has been around 90 per cent on a weekly basis over the last two years.
Despite these strong correlations and the very good performance of equities
The European Energy Exchange has today launched a new Zero Carbon Freight Index (ZCFI), enabling players in the Dry Freight market to see, for the first time, how the cost of carbon emissions could affect freight prices.
The ZCFI comes as the EU prepares to unveil legislation this week, which is likely to include the extension of the EU ETS to the maritime sector. Once these rules are in place, ship owners and operators will be required to take part in the EU Emissions Trading Scheme (ETS). As a consequence, the shipping industry will now have to factor in the
Investcorp, a global provider and manager of alternative investment products, has appointed Urs Rohner as a member of its International Advisory Board (IIAB) as of 1 July 2021.
Read the full story at Private Equity Wire…
Global alternative asset management group Tikehau Capital has launched Tikehau Impact Credit (TIC), pioneering an impact approach in the high yield universe.
Read the full story at Private Equity Wire…
Bullish, a technology company focused on developing financial services for the digital assets sector, is to go public through a merger with Far Peak Acquisition Corporation (NYSE: FPAC), a special purpose acquisition company (SPAC).
Read the full story at Prirvate Equity Wire…
Trident Trust entered the cryptocurrency sector in early 2017 as bitcoin was beginning to appreciate in value, and since then the global fund administrator – which services more than 500 funds globally, with AUM exceeding USD40 billion – has steadily carved out a burgeoning presence in the rapidly-growing digital assets sector, and now counts around 45 crypto funds among its clients.
Hedge funds gained more than 10 per cent in the six months of 2021, the industry’s strongest first half performance in 22 years, despite June seeing a shift in market sentiment which moderated the sector’s monthly returns. Now, managers are positioning for a “dynamic performance environment” heading into the second half of the year, shaped by ongoing Covid concerns, as well as energy and tech trends.
Hedge Fund Research’s main Fund Weighted Composite Index – a monthly measure of more than 1400 single manager hedge funds’ performance across all strategy types – gained 0.4 per cent in June, putting the
Antares Capital, a private debt credit manager with more than USD30 billion of capital under management and administration, has appointed Jeffrey Stammen as Managing Director, Head of Investor Coverage in Asset Management.
Read the full story at Private Equity Wire…
