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PODCAST
Retail platforms, led by Amazon, have revolutionized how we behave as consumers and placed convenience and quality of customer service at the centre of the model. How can asset management firms take lessons from this and could there be a way forward for them to adopt more of a platform-centric way to providing fund services? And in doing so, harness the power of the platform to re-think fund distribution and bring a sense of order to the highly fragmented, chaotic nature of global asset management?
PODCAST
In this podcast produced by Hedgeweek, in association with SEI, we examine how asset managers need to carefully engineer the way they optimise alternative data, in order to generate incremental insights to support their investment programmes.
FUND FLOWS
The hedge fund industry returned to positive monthly inflows in October, bringing in USD5.2 billion in new assets for the month, having seen USD2.8 billion in redemptions in September.
FUND PERFORMANCE
CTAs and trend-following hedge funds generated positive returns across a broad range of strategy types last month amid the global market rally – but the sector’s year-to-date performance remains mixed, new data from Société Générale shows.
RESEARCH
Over 70 per cent of hedge fund firms are positive about their business prospects for the coming year, according to AIMA’s new Hedge Fund Confidence Index (HFCI).
MANAGER INSIGHTS
Since launching in late 2018, BKCoin Capital, a New York-based digital asset-focused hedge fund firm, has built an impressive track record with its market neutral, arbitrage-based approach to cryptocurrency trading.
Established by founding principals Carlos Betancourt and Kevin Kang, the BKCoin Digital Asset Fund aims to capitalise on price inefficiency and volatility within cryptocurrencies using an algorithm-based trading model that fuses elements of statistical arbitrage and multi-strategy long/short investing.
Reflecting on the firm’s origins, Betancourt and Kang recall how investors were initially cautious on what they saw as the speculative, volatile nature of cryptocurrencies. BKCoin Capital sought to develop a
REGULATION
All eyes will be on the European Commission’s legal proposal pertaining to the AIFM Directive, which is expected to be published sometime in the first half of 2021, and could usher in an updated version – AIFMD II – a decade after it was first adopted.
FUND PERFORMANCE
The biggest hedge fund firms topped performance charts and drew the most investor capital over the course of last year, with 2020 proving “the year of outsourcing” for a range of middle office functions, as the industry demonstrated its value to investor portfolios, according to new analysis by Citco.
Citco Fund Services’ ‘2020 Hedge Fund Report: A Year In Review’ said the past 12 months had been a “huge year” for the industry, as managers went from “strength to relative strength”, withstanding surging trading volumes and spikes in volatility.
Citco, which provides asset servicing solutions to the global hedge fund
SPECIAL REPORT
By Elliot Refson, Director of Funds, Jersey Finance – As global markets continue to grapple with extreme uncertainty, with the ongoing fallout of Covid-19 and the impact of Brexit becoming a reality, Jersey’s funds industry finds itself in a strong position – well prepared to support investors and guide them through unchartered waters in the short-term and with the right ingredients to help them achieve their long-term ambitions too.
Jersey finished 2019 in bullish mood, with total fund assets rising to a new record high last year of more than GBP345 billion, with private equity in particular performing strongly, rising by almost a fifth.
HOT OFF THE PRESS
Key considerations for hedge fund succession planning – Part II: Leadership transition involves a maze of complexity
HOT OFF THE PRESS
Key considerations for hedge fund succession planning – Part II: Leadership transition involves a maze of complexity