hedge funds

Bond markets are slowly but surely becoming more reliant on machines. At the moment only smaller trades can be automated, with big-ticket or more bespoke deals still arranged by messages…

Eurekahedge: AI hedge funds down, crypto funds rally in May

June 12, 2019

artificial intelligence, bitcoin, crypto fund, Eurekahedge, hedge funds

Fund managers utilizing AI/machine learning strategies ended May down 2.21%, registering their first monthly loss in 2019. On a year-to-date basis the index was still up 1.35%. The Eurekahedge AI…

Beyond Meat (BYND) highlights dysfunction in securities finance pricing (Premium)

June 12, 2019

Hedge Funds, Investments, Securities Lending

BYND, hedge funds, Securities Lending, topstory

Supply and demand are fair play, but securities lending rates as high as 650% 700% for Beyond Meat (BYND) securities are a trade that only a fool – or a trader…

Thursday News Roundup: analytics for hedge funds, the rumor mill, seclending pricing and more (Premium)

June 6, 2019

Artificial Intelligence, Cryptocurrency, Hedge Funds, Securities Lending, SFTR

artificial intelligence, hedge funds, market data, securities lending pricing, SFTR, topstory, Trade repositories, Universal Settlement Coin

The collateralized trading markets are going strong as the summer gears up. Here’s our news roundup for the end of the week. Continue reading

Fintech weekly deals and partnerships roundup

Fnality confirms £50mn equity round for wholesale banking crypto The Utility Settlement Coin (USC) is moving into its next phase of maturity with the creation of Fnality International and completion…

FISL NYC 2019: what seclending players want from data and tech (Premium)

May 14, 2019

Artificial Intelligence, FISL, Securities Lending, Technology

artificial intelligence, asset managers, automation, Custodians, data analytics, hedge funds, machine learning, SFTR, topstory, vendors

As in many markets, the securities lending industry is tackling challenges in advancing technologies for investment and profitability, said panelists at Finadium’s annual Investors in Securities Lending conference. One panelist…

Smaller clients, new opportunities in securities finance should be pursued

May 1, 2019

Hedge Funds, Investments, Securities Lending

asset management, FISL, hedge funds, securities finance, topstory

Given the concentration of assets on the buy-side, landing a big fish means more now than ever for banks and vendors. Bringing on one big new client can have the…

Differentiate your technology platform

April 28, 2019

Ben Simmers

Hedge Funds, Prime Brokerage, Technology

hedge funds, prime brokers, SS&C Advent Syncova, Syncova, topstory, Treasury platforms

The idea of Treasury platforms for hedge funds and other asset managers has taken hold lately because there are financial and organizational benefits from having one central point of control.…

Eurekahedge: AI/ML funds flat, crypto funds outperforming bitcoin

April 17, 2019

artificial intelligence, crypto fund, cryptocurrencies, Eurekahedge, hedge funds, machine learning

Fund managers using AI/machine learning strategies gained 2.59% in March, bringing their year-to-date returns to 3.93%. Quant strategies continued to fall out of investors’ favor, with the CTA/managed futures mandate…

Eurekahedge: quant strategies falling out of favour with investors

March 19, 2019

artificial intelligence, Eurekahedge, hedge funds, machine learning

Fund managers utilizing AI/machine learning strategies were down 0.32% in February, dragging their year-to-date returns to 2.02%. Quant strategies continued to fall out of investors’ favour, with the CTA/managed futures…

Eurekahedge: AI and crypto funds back in black

March 12, 2019

artificial intelligence, cryptocurrencies, Eurekahedge, hedge funds, machine learning

Fund managers using AI/machine learning strategies were up 0.60% in February, bringing their year-to-date returns to 2.96%. The Eurekahedge AI Hedge Fund Index was down 5.26% in 2018. The Eurekahedge…

An argument that more PB internalization will lead to more direct securities lending (Premium)

March 5, 2019

CCP, Hedge Funds, Securities Lending

Beneficial Owners, CCPs, direct lending, hedge funds, Securities Lending, topstory

If prime brokers continue to internalize more effectively, plus expand further into synthetics, there is an argument to be made that more beneficial owners will actively consider direct securities lending…

How to grow in the prime brokerage market for 2019 (Premium)

February 26, 2019

Hedge Funds, Prime Brokerage, Securities Lending

automation, hedge funds, Prime Brokerage, topstory

We’ve been hearing some trends from prime brokers about how to grow their franchises in spite of weak hedge funds returns in 2018 and no end to the concentration in…

Eurekahedge: AI funds in the black, crypto funds down but outperform bitcoin in January

February 19, 2019

artificial intelligence, cryptocurrencies, Eurekahedge, hedge funds

Fund managers using AI/machine learning strategies returned 2.48% in January, after posting losses in eight out of the 12 months last year. Quant strategies continued their struggle with the CTA/managed…

AI hedge funds up 1.4% in December, Crypto funds down 6% – Eurekahedge

January 15, 2019

artificial intelligence, cryptocurrencies, Eurekahedge, hedge funds

Fund managers using AI/machine learning strategies were up 1.52% in November and 1.43% in December, a performance which led the pack of tracked sub-strategies. This ended their streak of losses…

AI hedge funds break losing streak in November, crypto funds still down

December 11, 2018

artificial intelligence, crypto assets, Eurekahedge, hedge funds

Fund managers using AI/machine learning strategies were up 2.1% in November, ending their streak of losses which placed them on track to record their worst year since the inception of…

AI and crypto hedge funds continue downward slide

November 13, 2018

artificial intelligence, cryptocurrencies, Eurekahedge, hedge funds, machine learning

The bloodbath in October left AI/machine learning hedge funds at a loss, as the Eurekahedge AI Hedge Fund Index slumped 3% over the month – its worst monthly performance ever…

Hedge fund closures down in 2018, assets are up but performance is muted

October 30, 2018

Hedge Funds

Barclay Hedge, eVestment, hedge funds, HFR, securities finance, topstory

The hedge fund industry is seeing an uptick in assets and fewer funds closed in 2018 than 2017, but only a portion of those funds posted positive returns. As hedge…

AI hedge funds on track for first year in the red, crypto hedge funds down too

October 18, 2018

artificial intelligence, cryptocurrencies, Eurekahedge, hedge funds

AI hedge fund managers posted their worst monthly performance on record since 2011, as indicated by the 2.06% decline of the Eurekahedge AI Hedge Fund Index in September. This loss…

AI and crypto hedge funds down in September

October 10, 2018

artificial intelligence, cryptocurrencies, Eurekahedge, hedge funds

AI hedge fund managers spent another month in the red, as represented by the Eurekahedge AI Hedge Fund Index which was down 2.63% in September, and 5.21% year-to-date. The Eurekahedge…

Bloomberg: institutional investors and miners are creating an OTC crypto market

October 2, 2018

cryptocurrencies, hedge funds

Hedge funds and miners are shifting sales to over-the-counter trading in what is a departure from peer-to-peer crypto tradition, writes Bloomberg in a recent article. And institutional investors are becoming…

AI and crypto hedge funds down in August

September 12, 2018

artificial intelligence, cryptocurrencies, Eurekahedge, hedge funds

AI hedge fund managers posted their fifth monthly loss for the year in August and were down 0.43%. The Eurekahedge AI Hedge Fund Index, which tracks funds using AI and machine learning…

Eurekahedge publishes data on the global hedge fund industry

August 22, 2018

Eurekahedge’s global hedge funds infographic sums up the industry as at August 2018. Find out more about global hedge funds assets under management (AUM), asset flows into strategic and regional…

AI hedge funds down, cryptocurrency hedge funds up in July

August 14, 2018

artificial intelligence, cryptocurrencies, Eurekahedge, hedge funds

Preliminary numbers show that AI hedge funds are on track to post a fourth consecutive month of losses, with the Eurekahedge AI Hedge Fund Index down 0.09% in July. This loss brought…

FISL London 2018: buy-side debates CCP market share, considers route to cheaper borrow rates

May 10, 2018

CCP, FISL

Eurex, hedge funds, OCC, prime brokers, Securities Lending CCPs, topstory

During a panel discussion at FISL NYC, participants gave a prediction on the future of securities lending. CCPs came out on top as a market infrastructure that will lead the…

Top commercial transactions of the last week (Premium)

March 6, 2018

Blockchain, Custodians, Hedge Funds, Securities Lending, Technology

blockchain, Custodians, Custody, hedge funds, Securities Lending, topstory

Custodians, asset managers, hedge funds and vendors all made some notable trades in the middle of Q1. We offer an analysis of three important deals for the industry including who…

Securities finance as an alpha generator on the buy-side? A FISL NYC and London afternoon session

January 11, 2018

FISL, Hedge Funds, Investments, Repo, Securities Lending

Alpha generation, asset managers, Finadium, FISL, hedge funds, securities finance, topstory

Can hedge funds and asset managers generate meaningful alpha for their portfolios using securities finance? This is an important question for both the funds themselves and the professionals that work…

Bank of England on hedge fund and PB risk: better than it used to be but issues remain

January 4, 2018

Jonathan Cooper

Bank of England, Credit Exposure, Europe, Hedge Funds, Investments, Prime Brokerage, Pro-cyclicality, Risk Management, Systemic Risk

Bank of England, hedge funds, Initial Margin, prime brokers, Procyclicality, topstory

A recent publication from the Bank of England shows that hedge fund systemic risk is generally lower than it used to be; that’s a good thing for the markets. Hedge…

Research paper shows benefits of PB information flow for hedge funds

December 20, 2017

hedge funds, prime brokers

Researchers from the University of Alabama and the University of Florida document a channel of information flow from investment banks to their prime brokerage hedge fund clients. They examine whether hedge…

Finadium Report: Analysis from the US Rates & Repo 2017 Conference

December 5, 2017

Hedge Funds, Investments, Repo, US

events, Finadium, FISL, hedge funds, Rates & Repo, Repo, topstory, US

Finadium has documented the questions and feedback from our November 1, 2017 Rates & Repo event in New York as a research report. The event drew 145 attendees, with 34%…

Our analysis of IOSCO’s latest hedge fund survey (Premium)

November 27, 2017

Hedge Funds, IOSCO, Liquidity Management

hedge funds, IOSCO, Leverage, topstory

IOSCO released their 2016 data analysis of hedge fund assets, leverage and liquidity. While this document always feels a bit dated compared to current markets, it also has some kernels…

IOSCO finds hedge funds most advanced in G20/FSB securities market recommendations

November 8, 2017

FSB, G20, hedge funds, IOSCO, securities markets

The Board of the International Organization of Securities Commissions (IOSCO) today published a report on the implementation of the G20/FSB post-crisis recommendations aimed at strengthening securities markets. It was prepared…

Recap of Finadium’s Rates & Repo Conference 2017 in New York

November 6, 2017

Hedge Funds, Investments, Money Market Funds, Repo, US

Finadium, hedge funds, Rates & Repo, Repo, topstory, US

We are pleased to report that our first Rates & Repo Conference, held last week in New York, was by all accounts a great success. We had 162 registrations by…

There are impacts from the US securities lending lawsuit no matter what happens (Premium)

October 17, 2017

Hedge Funds, Prime Brokerage, Securities Lending

hedge funds, lawsuit, Prime Brokerage, Securities Lending, topstory

The lawsuit against six banks and EquiLend, with some big pensions signed on as plaintiffs, already has likely outcomes and plausible winners regardless of any judgement. Some market participants and…

Rates & Repo event update: who is coming and featured panels

October 11, 2017

Cash management, Federal Reserve, Interest rates, Investments, Repo

asset managers, Benchmarks, cash management, hedge funds, Rates & Repo, Repo, topstory, US Treasury

We are excited to present our inaugural Rates & Repo conference in New York on November 1. We now have over 110 registrations, with hedge funds, asset managers and other…

Are the buy side and sell side on the same page about the direction of prime brokerage?

July 3, 2017

Richard Stinchfield

Hedge Funds, Investments, Liquidity Management, Prime Brokerage, US

BNY Mellon, buy-side, Finadium, financing, hedge funds, Liquidity, Prime Brokerage, topstory

BNY Mellon released the results of a buy-side survey on liquidity and financing on June 26th. How closely do the concerns and attitudes of investors towards their liquidity and financing…

Are hedge funds really that risky as counterparties in collateralized trading?

June 1, 2017

Collateral Management, Custodians, Hedge Funds, Prime Brokerage, Repo, Securities Lending, Technology

brokers, buy-side, collateral management, credit risk, Custodians, hedge funds, P2P, peer to peer, topstory

As Peer to Peer markets make their play, credit departments at buy-side firms around the world are looking askance at the very idea of a collateralized trade directly with a…

Next Steps for Hedge Funds in Cost Management

May 22, 2017

mstan

Basel III, Derivatives, Hedge Funds, Investments, Repo, Securities Lending

hedge funds, Prime Brokerage, Societe Generale, topstory

These are legitimately complex times for hedge funds. Between macropolitical turmoil, negotiating fees and managing their daily activities, hedge fund managers must pay attention to a wide range of factors…

Prequin: 39% of hedge funds changed prime brokers, 19% changed fund custodian in 2016

May 16, 2017

hedge funds, Prequin, prime brokers

Fund administrators, custodians, prime brokers, auditors, law firms and fund marketers all play a crucial role in allowing hedge fund managers to operate their businesses effectively. The service provider industry…

What hedge funds think about Direct/Peer to Peer platforms (Premium)

April 13, 2017

Hedge Funds, Repo, Securities Lending

direct, FISL NYC, hedge funds, peer to peer, topstory

We heard from several hedge funds over the last week on Direct and Peer to Peer platforms. While these platforms are interesting, there are some significant issues that must be…

FISL in NYC: change is the only constant

April 6, 2017

Events, Finadium Event

Agent Lenders, Big Data, blockchain, Direct Borrowing and Lending, Direct repo, distributed ledger technology, hedge funds, Lending CCP, peer to peer, securities finance revenues, technology, topstory

The only certainty about securities finance is that the market is going through a major transformation. And though regulations may have been the driver for adopting technology to tackle the…

FISL launches today in NY: an interview with Finadium’s Josh Galper

April 3, 2017

general collateral, hedge funds, Investors in securities lending conference, securities finance, Securities Lending, topstory

Finadium Event, Regulatory, Securities Lending

Finadium’s Investors in Securities Lending (FISL) conferences are bringing together a wide spectrum of participants in the securities finance market, and so far that’s shaping out to be a major success. Over…

Reuters: CME Group sees Chinese hedge funds, state-owned firms driving Asia growth

February 23, 2017

China, CME, hedge funds

Feb 21 China’s 2015 market crash sparked a surge in Asian trading for futures exchange giant CME Group as Chinese funds hedged their risk offshore and growth prospects remain strong,…

CCP deposits at the Fed: good theory but bad practice

November 30, 2016

CCP, Federal Reserve, Interest rates, Investments, US

CCPs, Federal Reserve, hedge funds, IOER, topstory

The WSJ’s Katy Burne published an article this week on CCPs that are being paid interest on large amounts of cash placed at the Fed. We covered this when the…

The Trade: Hedge funds demands up the pressure on derivatives prime brokers

November 4, 2016

hedge funds, prime brokers, The Trade

Derivatives prime brokers are feeling increased pressure from clients to increase their services, as hedge funds pursue strategies targeting multiple asset classes. According to The TRADE Derivatives 2016 Derivatives Prime Brokerage…

CFTC Chairman Timothy Massad on measuring hedge fund leverage

October 21, 2016

CFTC, hedge funds, Leverage

Keynote Remarks of Chairman Timothy Massad at the Managed Funds Association Outlook 2016 Conference October 21, 2016 FSOC Asset Management Project Finally, I would also like to say a few…

Falling leverage and low volatility threaten Europe’s hedge funds

October 10, 2016

Paul Amery

Europe, Hedge Funds, Investments, Prime Brokerage

BIS, fees, hedge funds, NSFR, prime brokers, topstory

For European hedge funds, already under pressure for below-target returns, low volatility and falling leverage threaten to add up to a toxic mix. Regulators may be happy with less leverage…

Redeploying brokerage infrastructure for Direct securities finance transactions (Premium)

July 11, 2016

Richard Stinchfield

Hedge Funds, Market infrastructure, Operations, Prime Brokerage, Securities Lending, Technology, US

arranged financing, Direct Borrowing and Lending, Enhanced leverage, hedge funds, Prime Brokerage, topstory

The latest in a long line of once unthinkable changes in securities finance is the concept of direct lending and borrowing between beneficial owners and hedge funds. US brokers have…

Federal Reserve Board formalizes previously announced one-year conformance period extension for certain Volcker rule legacy fund investments

July 8, 2016

Federal Reserve, hedge funds, Volcker Rule

Formalizing its prior commitment to facilitate the orderly implementation of section 619 of the Dodd-Frank Act, commonly known as the Volcker Rule, the Federal Reserve Board on Thursday announced that…

Finadium for Hedge Funds: Tools and Information for Alternative Investors

June 21, 2016

alternative asset managers, alternative UCITS, hedge funds, liquid alternatives, topstory

Derivatives, Hedge Funds, Prime Brokerage, Regulatory, Repo, Securities Lending