Hedge funds which generated striking returns in volatile energy markets last year are now preparing for a major rebound in oil in 2021, with post-vaccine travel demand, potential inflation hedges, and surging emerging markets growth all combining to push prices higher this year and beyond.
Proteus, a registered investment advisor, alternative investments and private funds platform, has added new model portfolios and pooled funds to its platform for RIAs, multi-family offices, independent broker-dealers and private banks.
Sionic, a specialist financial services consulting firm, whose clients include private equity, hedge and fund administrators, has appointed Mark Humphries as its new Chairman.
TFI, a Chinese-based financial group which provides institutional brokerage services to trade in equities on the Hong Kong Stock Exchange, has migrated to FlexTrade's FlexOMS.
BXS, a compliance reporting and analytics solutions provider, has launched a new Rule 606 Consolidator tool.
RFA, a specialist IT provider to the financial services industry, has moved to new offices in Mayfair, London.
DE Shaw’s flagship multi-strategy fund delivered net returns of +19.4 per cent for investors in 2020, according to a person familiar with the firm’s results.
The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned 1.68 per cent in December, underperforming the 2.45 per cent monthly return of the HFRX Global Hedge Fund Index.
Zephyr Management (Zephyr) has selected SS&C Technologies to support its upcoming Bermuda fund launch.
Hedge fund adviser Headstart Advisers posted stellar returns in 2020 as volatility returned to global markets, outpacing peers.