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As cryptocurrencies continue to experience violent price shocks, new industry research shows crypto hedge funds’ assets under management have almost doubled to some USD3.8 billion, with traditional managers increasingly eyeing the sector after returns soared in 2020.
Despite a challenging fundraising environment, the new Limited Partnership Fund Ordinance regulation (LPF) has the potential to make Hong Kong the preferred domicile for investment funds in Asia, especially once travel restrictions are lifted. As investors seek to broaden their portfolios, Asian funds can be a valuable source of diversification.
“We are very excited about the limited partnership fund structure. It gives the market additional flavour and we now have more options to offer our clients and prospects,” says Michael Pang, Executive Director, Head of North Asia Alternative Investments, Circle Partners, “The reaction and feedback from the community has been very
Hong Kong recently introduced regulatory reforms, policies and incentives to drive growth and increase Hong Kong’s attractiveness as a fund domicile. The newly adopted Limited Partnership Fund Ordinance (LPF) bill allows Hong Kong’s private equity firms to launch limited partnership funds. Already, there are signs that firms are taking advantage of the market to innovate.
As Asian investors demonstrate a growing appetite to allocate to alternative investment funds, Hong Kong is becoming more attractive to managers looking to make the most of the opportunity.
Chinese Long Short Equity hedge funds substantially outperformed their American equivalents in 2021, according to research carried out by AlternativeSoft.
Marketa globally had a year of extreme volatility in 2020 due to the ongoing pandemic. According to the World Economic Outlook report by IMF in January 2021, the overall world output fell by 3.5 per cent. China was the only country with a positive growth of 2.3 per cent, while the United States fell by -3.4 per cent. United States and China constitute 40 per cent of the world’s GDP.
AlterntiveSoft selected hedge funds with AUM greater than USD10 million,
In light of the recent scandals resulting from mispriced assets, and the broader impact of Covid-19 on the global economy, the need for accurate financial and valuation reporting in private markets – where the underlying assets are largely illiquid and hard to value – is a germane issue for investors.
“Net long-bias with teeth” is how Paul Wick, lead portfolio manager of the sector-specialist Seligman Tech Spectrum, describes the strategy’s positioning in the market.
SIGTech, a provider of next-gen quant trading technology for global investment managers, has announced that it has integrated with IHS Markit Data Lake.
The integration facilitates access to over 1,500 proprietary datasets curated by IHS Markit, enabling quantitative fund managers to seamlessly access these financial and alternative datasets in making the best investment decisions.
This is the first time that IHS Markit’s Data Lake has been integrated with a quant trading platform. It contains proprietary alternative datasets with a long history, compiled by IHS Markit’s 5,000 analysts, data scientists, financial experts and industry specialists. SIGTech platform users can now easily
The coronavirus pandemic has brought about a sea change in hedge funds’ cybersecurity concerns, with the remote working environment pushing firms to re-evaluate how they safeguard and secure data and privacy in the cloud amid a rise in phishing attacks.
Certares Management (Certares), an investment specialist dedicated to the travel, tourism and hospitality sectors, and Knighthead Capital Management, (Knighthead), a credit investment management firm, have closed the CK Opportunities Fund at approximately USD1.5 billion in total commitments.
The Fund exceeded its initial target of USD1 billion over a six-month fundraising period in a fully virtual environment. The Fund received strong support from a diversified global investor base, including leading sovereign wealth funds, family offices, pensions, endowments and foundations, and financial institutions.
The fund is the first co-managed fund for Certares and Knighthead, and it represents a powerful partnership between the
