Hedge

IAMGOLD Provides Preliminary Operating Results for the Second Quarter 2021, Updates Production and Costs Guidance for 2021 and Costs Estimate for Its Côté Gold Project

Thursday, July 22, 2021 - 12:00pm

The Company has implemented a hedge program which includes CAD:USD exchange rate hedging which will be described in greater detail in the Company's second quarter results.

Key Points: 
  • The Company has implemented a hedge program which includes CAD:USD exchange rate hedging which will be described in greater detail in the Company's second quarter results.
  • Previously $120 million at a CAD:USD exchange rate of $1.30 (see news release dated May 3, 2021).
  • The project costs range increase includes new contingency amounts for the remaining expenditures estimate.
  • Additional details regarding the second quarter operating and financial results as well as the progress of activities at Ct will be provided when the Company discloses its second quarter financial results after market hours on Wednesday, August 4th, 2021.

Swan Global Investments Hedged Equity ETF Eclipses $75mm AUM

Tuesday, July 20, 2021 - 1:30pm

Swan Global Investments (Swan), a specialized asset management firm with a 20+ years track record in hedged equity solutions, today announced that Swan Hedged Equity Exchange-Traded Fund (Ticker Symbol: HEGD) has surpassed a significant milestone of over $75 million in assets under management in just over half a year.

Key Points: 
  • Swan Global Investments (Swan), a specialized asset management firm with a 20+ years track record in hedged equity solutions, today announced that Swan Hedged Equity Exchange-Traded Fund (Ticker Symbol: HEGD) has surpassed a significant milestone of over $75 million in assets under management in just over half a year.
  • Swan launched HEGD using its time-tested, proprietary Defined Risk Strategy (DRS), which utilizes hedged equity and options-based strategies.
  • Investors should carefully consider the investment objective, risks, charges and expenses of the Swan Hedged Equity US Large Cap ETF.
  • Foreside Fund Services, LLC and Swan Capital Management, LLC & Swan Global Investments, LLC are not affiliated.

Easterly EAB Announces Hedged Equity and Risk Management Solutions for Institutional Investors

Thursday, July 15, 2021 - 2:46pm

Easterly EAB Risk Solutions LLC, a new partnership combining the expertise of private asset management company Easterly and EAB Investment Group , announced today that it will provide risk mitigation solutions, including a Hedged Equity strategy, for institutional investors.

Key Points: 
  • Easterly EAB Risk Solutions LLC, a new partnership combining the expertise of private asset management company Easterly and EAB Investment Group , announced today that it will provide risk mitigation solutions, including a Hedged Equity strategy, for institutional investors.
  • Easterly EAB will leverage deep expertise in financial markets, derivatives, macro-economics, and risk positioning to help institutional investors manage their overall portfolio risk.
  • Easterly EAB helps institutional investors avoid market timing while continuing to participate in the markets while managing downside risk.
  • The Easterly EAB Hedged Equity Strategy uses long S&P 500 core equity positions together with systematic, option-based risk mitigation techniques.

DGAP-News: Varengold Bank AG continues growth in the 1st half of 2021

Tuesday, July 13, 2021 - 1:08pm

Hamburg, 13/07/2021 - Varengold Bank AG [ISIN: DE0005479307] continues to grow.

Key Points: 
  • Hamburg, 13/07/2021 - Varengold Bank AG [ISIN: DE0005479307] continues to grow.
  • Varengold Bank was able to increase its earnings before taxes (EBT) by 400% to EUR 8.12 million (30 June 2020: EUR 1.63 million).
  • Varengold Bank continues to pursue a conservative risk policy and will continue to use part of its earnings to hedge risks in the first half of 2021.
  • When considering its business development during the first half of 2021 as well as its well-filled transaction pipeline, the Bank continues to expect to achieve the forecasted EBT of EUR 16.4 million for 2021.

ICE Announces That a Record 20,124 Murban Crude Oil Futures Contracts Traded on July 6

Thursday, July 8, 2021 - 1:00pm

Alongside ICE Murban Crude Oil Futures, IFAD launched trading in 18 Murban-related cash settled derivatives and inter-commodity spreads, offering the market the broadest range of ways to trade and hedge Murban crude oil.

Key Points: 
  • Alongside ICE Murban Crude Oil Futures, IFAD launched trading in 18 Murban-related cash settled derivatives and inter-commodity spreads, offering the market the broadest range of ways to trade and hedge Murban crude oil.
  • A total of 503,567 contracts have traded on IFAD since launch, equivalent to 0.5 billion barrels of Murban Crude oil.
  • This includes 495,782 ICE Murban Crude Oil futures contracts and 7,785 Murban-related cash settled derivatives, with 63 firms having traded on IFAD.
  • Average daily volume in ICE Murban Crude Oil futures since launch is 6,886 contracts.

ZEGA Financial Launches ZHDG, An Actively-Managed, Buy and Hedge Exchange-Traded Fund

Wednesday, July 7, 2021 - 7:33pm

The ZEGA Buy and Hedge ETF is a progressive core holding for investors seeking equity growth while aiming to mitigate overall market downside.

Key Points: 
  • The ZEGA Buy and Hedge ETF is a progressive core holding for investors seeking equity growth while aiming to mitigate overall market downside.
  • The ZEGA team has a 10-year buy and hedge strategy track record with expertise in using options to shape the risk-reward profiles of its strategies.
  • Founded in 2011, ZEGA Financial is an SEC-registered investment adviser and investment manager that specializes in derivatives.
  • ZEGA is the sub-adviser for the ZEGA Buy and Hedge ETF.

EPFR Launches Dataset Providing New Market Insights from Global Hedge Fund Flows

Tuesday, June 29, 2021 - 2:08pm

BOSTON, June 29, 2021 /PRNewswire/ -- EPFR , a subsidiary of Informa Financial Intelligence and worldwide industry leader in providing fund flows and allocation data to financial institutions, announces its Hedge Fund Flows dataset.

Key Points: 
  • BOSTON, June 29, 2021 /PRNewswire/ -- EPFR , a subsidiary of Informa Financial Intelligence and worldwide industry leader in providing fund flows and allocation data to financial institutions, announces its Hedge Fund Flows dataset.
  • The dataset provides non-estimated fund flow calculations at the fund level, offering a precise proxy of investor sentiment and hedge fund activity, and granularity to derive better insights.
  • When viewed alongside EPFR's mutual fund and ETF data that tracks $48 trillion in global capital flows, Hedge Fund Flows offers investors a more complete view of market drivers supporting investment and risk management decisions.
  • "Our clients have expressed significant interest in hedge fund analysis, and we're pleased to bring Hedge Fund Flows to market with the support of our Backstop BarclayHedge partner," said Cameron Brandt, Director of Research at EPFR.

EPFR Launches Dataset Providing New Market Insights from Global Hedge Fund Flows

Tuesday, June 29, 2021 - 9:08am

BOSTON, June 29, 2021 /PRNewswire/ -- EPFR , a subsidiary of Informa Financial Intelligence and worldwide industry leader in providing fund flows and allocation data to financial institutions, announces its Hedge Fund Flows dataset.

Key Points: 
  • BOSTON, June 29, 2021 /PRNewswire/ -- EPFR , a subsidiary of Informa Financial Intelligence and worldwide industry leader in providing fund flows and allocation data to financial institutions, announces its Hedge Fund Flows dataset.
  • The dataset provides non-estimated fund flow calculations at the fund level, offering a precise proxy of investor sentiment and hedge fund activity, and granularity to derive better insights.
  • When viewed alongside EPFR's mutual fund and ETF data that tracks $48 trillion in global capital flows, Hedge Fund Flows offers investors a more complete view of market drivers supporting investment and risk management decisions.
  • "Our clients have expressed significant interest in hedge fund analysis, and we're pleased to bring Hedge Fund Flows to market with the support of our Backstop BarclayHedge partner," said Cameron Brandt, Director of Research at EPFR.

Author KJ Cerys's new book "Desserts over Discourse" is an action-packed work of fiction following a team of lethal FBI assassins as they transition to civilian life

Thursday, June 24, 2021 - 5:00am

When one of their missions crossed a location from which the Rangers were launching, she caught her first glimpse of David, a.k.a.

Key Points: 
  • When one of their missions crossed a location from which the Rangers were launching, she caught her first glimpse of David, a.k.a.
  • Cyclone, and demanded permission to have his team tag along to hedge the outcome.
  • The day she received an invitational summons to join the Alpha Angels Unit her life took a turn for the better.
  • Fast forward ten years; the Alpha Angels were trying to come up with a way to transition to civilian life.

Poly Executes Interest Rate Hedge to Reduce Interest Rate Risk

Friday, June 18, 2021 - 1:30pm

Poly's term loan is a floating-rate debt instrument with an interest rate equal to LIBOR plus a 2.5% spread.

Key Points: 
  • Poly's term loan is a floating-rate debt instrument with an interest rate equal to LIBOR plus a 2.5% spread.
  • The interest rate hedge is designed to convert the covered portion of the outstanding term loan from a floating rate to a fixed rate of 2.9% for the next three years.
  • This interest rate hedge complements and will replace a prior hedge at an interest rate of 5.3% for a portion of the remainder of the term loan balance that expires in July 2022.
  • "By refinancing the 2023 bonds in February at a lower coupon and now removing much of the risk of the floating rate on the term loan, we have significantly reduced the interest rate risk associated with our debt", said Chuck Boynton, Poly Chief Financial Officer.