Hedge funds are attracting greater numbers of ‘first-time’ allocators, with “unusual amounts” of fresh investors showing an interest in the space, according to London-based investment consultant, bfinance.  New interest has been growing since Q4 2020, accompanied by an increase in activity from clients with existing hedge fund portfolios.  Toby Goodworth (pictured), Head of Risk & Diversifying Strategies at bfinance, commented that prior to the end of 2020, the focus of his team was more on absolute return multi-assets than hedge funds, but following Q4 2020, “it was almost like a light switch turned on, and interest has been very solid

Altana Wealth, the multi-strategy hedge fund led by former Trafalgar Asset Managers co-founder Lee Robinson, has launched a new carbon futures-focused strategy which aims to capitalise on the rising costs of carbon credits within the European Union. With governments in developed nations, and particularly the EU, now fully committed to combating climate change and higher prices for carbon emissions, the Altana Carbon Futures Opportunity (ACFO) strategy, which launched earlier this month, will take directional positions on those rising prices. Specifically, the strategy aims to provide investors with upside participation – with estimated multiple returns at 2-4 times unlevered – in