Intelligence
Latest
QUANT FUNDS
Last year proved to be a strong litmus test for the hedge fund industry, with a slew of strategies able to post solid returns in a market that witnessed an incredible trough to peak recovery between Q2 and Q4.
LONG/SHORT INVESTING
Market neutral long/short hedge funds have been boosted by the recent bounce in Momentum stocks – but Lyxor Asset Management strategists believe the strategy is vulnerable to sudden factor rotations over the longer-term.
The performance of Momentum stocks has stabilised in recent weeks, following the sharp correction in November, in turn aiding certain hedge fund strategies – such as market neutral long/short – which have a Momentum bias. As Value names have maintained their recovery, and are starting to be shown in the Momentum risk factor, Lyxor said near-term prospects for market neutral long/short hedge funds have “marginally improved”.
“The
WEBINAR
ESG data analysis and how it links to performance will be the focus of the next FIS webinar, in conjunction with Hedgeweek, during which we will ask: “How can AI help illustrate your ESG edge to investors?”
DIGITAL SUMMIT
The programme is now largely finalised for Hedgeweek and Private Equity Wire’s inaugural PrivateDebtLIVE Summit, a new flagship digital event that will be held on 21-22 April featuring a high-level line-up of speakers and sponsors.
Read the full story at Private Equity Wire…
SURVEY
Hedge funds are “cautiously optimistic” on their growth prospects for the coming year, according to a new deep-dive industry study jointly published by the Alternative Investment Management Association, Simmons & Simmons and Seward & Kissel.
FUND PERFORMANCE
Energy-focused hedge fund Westbeck Capital has bagged its sixth consecutive monthly gain, as it “aggressively” tapped into buying opportunities during last month’s steep oil correction.
The Westbeck Energy Opportunity Fund – Westbeck’s flagship long/short directional hedge fund strategy which trades across equities, futures and options – scored a 3.9 per cent gain in April, and has already started May positively, the firm said on Wednesday.
The strategy – whose returns have surged more than 46 per cent in the first four months of 2021 – capitalised on buying opportunities in the aftermath of the seismic oil sell-off back in March and April, which the firm saw as a
VIRTUAL EVENT
Apperio, in partnership with Private Equity Wire, Institutional Asset Manager, and Hedgeweek, is launching an all-new live virtual conference dedicated to helping stakeholders in private funds exchange ideas and best practices for efficiently deploying and managing legal resources. REGISTER NOW
SHORT-SELLING
Long-short equity hedge fund Argonaut Capital is eyeing a potential “treasure trove” of short opportunities in previously well-regarded stocks, as the changing inflationary environment and opening up of economies impacts markets.
GUEST ARTICLE
By Viacheslav Oganezov (pictured) — The sudden demise of Lex Greensill’s eponymous company makes for a riveting story that has mesmerised the financial media and public for most of this month. Filled with numerous plot twists, politicians and industry moguls, it makes for an interesting read. Yet, amidst all the noise, it is crucial to understand what really underpins this epic debacle.
INTERVIEW
Why the Archegos debacle is raising renewed fears of market excesses
INTERVIEW
Why the Archegos debacle is raising renewed fears of market excesses