Latest News
Bernstein Research, the global sell side research arm of AllianceBernstein (AB), has officially rolled out a first-of-its-kind “Alphalytics” tool to better quantify and effectively measure the skillsets and value of the global asset management industry.
Alphalytics, built upon proprietary Bernstein research, thought leadership and expertise, creates a consistent benchmark that measures portfolio manager success by identifying idiosyncratic alpha, or alpha that is generated uniquely by a particular asset manager. Through an interactive, web-based platform, Alphalytics analyses, compares and identifies idiosyncratic returns, long term and tactical style tilts, and other attributes for thousands of asset management products spanning various asset classes.
Healthcare-focused equity hedge fund Rhenman & Partners generated further gains last month as falling US unemployment helped push medical insurance stocks higher.
Its flagship healthcare-focused hedge fund finished the first quarter up 5.56 per cent, as a rotation into cyclical equities which stand to gain from the economic recovery underpinned March’s positive returns.
The Rhenman Healthcare Equity Long/Short strategy advanced 3.6 per cent in its main euro-denominated IC1 share class last month. The SEK-denominated RC1 class rose 4.03 per cent and has now made more than 7 per cent since the start of 2021. Over the fund’s 12-year run, it
EEX has reported a record month for the European power spot markets in March with a trading volume of 55.9 TWh (previous record: 55.8 TWh in December 2020). This new high was mostly driven by the increase in the Intraday Market (+14 per cent to 10.4 TWh).
The total trading volume on the European power derivatives market amounted to 380 TWh which is a decline of 29 per cent. The y-o-y decline is mainly due to the strong volumes seen in March 2020 resulting from high levels of volatility as a result of the first Corona lockdown.
The Nordic Power
Boardroom Alpha, a ratings and analytics platform providing quantitative measurements of public company directors, CEOs and CFOs, has launched an intelligence tool for evaluating the performance of Special Purpose Acquisition Companies (SPACs).
Read the full story at Institutional Asset Manager…
Hedge funds have made their strongest first-quarter start in more than 20 years, gaining more than 6 per cent in the three-month period to the end of March, with returns powered by a mix of successful calls on deep value equities amid accelerated volatility, renewed economic optimism, and soaring cryptocurrencies.
Hedge Fund Research’s main Fund Weighed Composite Index, a global, equal-weighted benchmark of some 1400 single-manager hedge funds, advanced 6.08 per cent in Q1, following a 1.02 per cent gain in March. The March gain proved to be its sixth consecutive monthly rise, with Q1 its best opening quarter since
Market maker Optiver is expanding its footprint in Asia-Pacific (APAC) with the anticipated opening of an office in Singapore in 2021. It will be the eighth office that the firm operates from globally, since its launch in Amsterdam 35 years ago.
According to Optiver’s Group CEO, Jan Boomaars: “Optiver has a long history of doing business in Asia Pacific and its strategic significance in global financial markets continues to grow. We look forward to collaborating with local market participants to contribute to Singapore’s credentials as an international trading hub. We have also been tremendously impressed by the talent in Singapore
GSR, a global leader in digital asset trading, has appointed former Winton Group co-COO Andrew Moss as Managing Director of GSR Capital. Moss will be tasked with leading the new business unit, which will develop investment vehicles for institutional investors.
Moss’s appointment comes as GSR continues to expand beyond its market-making roots to help propel the digital asset economy. The company has broadened out its custom options coverage, eclipsing USD1 billion in notional options volumes in 2020 and now manages a significant book of complex options risks, one of the largest in digital assets. In recent months, the company has
Hedge funds can capitalise on a “substantial” sector and asset class rotation during the second quarter, as an uneven economic recovery, bumpy vaccine rollouts and an inflationary environment drive dispersion across industries, K2 Advisors said this week.
EQUOS, the institutional-grade cryptocurrency exchange owned by Nasdaq-listed Diginex [EQOS], has announced that EQUOS Origin (EQO) has officially started trading, with traders receiving a share of over one million EQO tokens that have been issued to price-taker traders on the platform.
CME Group, the world’s specialist and most diverse derivatives marketplace, will launch Lithium Hydroxide CIF CJK (Fastmarkets) futures on 3 May, pending all relevant regulatory reviews.
Special Reports
FeatureD
- Insight
