Hedge

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

Retrieved on: 
Tuesday, June 29, 2021

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

Retrieved on: 
Thursday, June 24, 2021

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

Retrieved on: 
Friday, June 18, 2021

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.

Best’s Special Report: Hedge Funds Remain an Option for Some Insurers

Retrieved on: 
Tuesday, June 15, 2021

The new Bests Special Report, Hedge Funds Remain an Option for Some Insurers, notes that during 2020 the hedge fund market did not fall as far as the public markets and recovered more quickly and efficiently.

Key Points: 
  • The new Bests Special Report, Hedge Funds Remain an Option for Some Insurers, notes that during 2020 the hedge fund market did not fall as far as the public markets and recovered more quickly and efficiently.
  • Several qualities made hedge funds attractive to investors during the pandemic, including risk diversification and a low correlation to other asset classes.
  • The life/annuity segment raised its dollar exposure in hedge funds 5.8%, to $5.4 billion, and the property/casualty segment, 5.5%, to $6.6 billion.
  • Nevertheless, investments in hedge funds are not that prevalent in the insurance industry as a wholefewer than 80 U.S. rating units have hedge fund investments.

Judge Altonaga Appoints Rachel Furst as Liaison Counsel for January 2021 Short Squeeze Trading Litigation

Retrieved on: 
Wednesday, June 9, 2021

("Short selling" involves borrowing shares of a stock to quickly sell them and buy them back later at a lower price.

Key Points: 
  • ("Short selling" involves borrowing shares of a stock to quickly sell them and buy them back later at a lower price.
  • In the final weeks of January, the retail investors purchased these undervalued stocks that were being "shorted" by hedge funds.
  • This led to a "short squeeze," as those shorting the stock were pressured to close their short positions.
  • At the height of the short squeeze on January 28, brokerages put a hold on certain securities.

Sasol Restructures Existing Oil Hedges and Increases the Hedge Cover Ratio for Oil for Financial Year 2022

Retrieved on: 
Wednesday, June 9, 2021

The current hedging program consists mainly of put options and provides protection against oil prices decreasing to below approximately US$43,11 per barrel.

Key Points: 
  • The current hedging program consists mainly of put options and provides protection against oil prices decreasing to below approximately US$43,11 per barrel.
  • Following the recent material rise in the oil price, Sasol has been able to restructure and enhance its financial year 2022 hedging programme, ensuring cash flow robustness and protection against future oil price volatility.
  • The existing oil put hedges of 24 million barrels for financial year 2022, as reported in the Production and Sales Metrics ending 31 March 2021, have been restructured and replaced by a zero cost collar hedging structure.
  • The oil hedge cover ratio for financial year 2022 has also been increased by hedging an additional 18 million barrels or an incremental 4,5 million barrels per quarter.

Catalyst Funds Expands Partnership with Millburn Ridgefield Corporation to Launch Dynamic Commodity Fund

Retrieved on: 
Tuesday, June 1, 2021

Catalyst Funds, an alternative-focused mutual fund company, is pleased to announce their expanded partnership with Millburn Ridgefield Corporation (Millburn) by naming the global manager as sub-advisor to the Catalyst/Millburn Dynamic Commodity Strategy Fund (DCXIX) (the Fund).

Key Points: 
  • Catalyst Funds, an alternative-focused mutual fund company, is pleased to announce their expanded partnership with Millburn Ridgefield Corporation (Millburn) by naming the global manager as sub-advisor to the Catalyst/Millburn Dynamic Commodity Strategy Fund (DCXIX) (the Fund).
  • The Catalyst/Millburn Dynamic Commodity Strategy Fund trades under the tickers DCXAX, DCXCX, DCXIX.
  • The Fund was previously named the Catalyst Hedged Commodity Strategy Fund and had a different strategy and manager.
  • Catalyst Funds currently offers 21 distinctive funds that provide various strategies with the goal of producing income- and equity-oriented returns, while seeking to control risk and volatility.

CFD Trading UK - 2021 Market Outlook - Trading Authority Study

Retrieved on: 
Tuesday, June 1, 2021

CFD trading is defined as 'the buying and selling of CFD's, with "CFD" meaning "contract for difference".

Key Points: 
  • CFD trading is defined as 'the buying and selling of CFD's, with "CFD" meaning "contract for difference".
  • Plus500 - a leading CFD trading platform listed in London, +2000 stocks, regulated by the FCA, CySEC, and ASIC.
  • CFD trading can be used for short term trading profits on trends and movements in the market or to hedge/offset losses on your share portfolio.
  • Trading Authority is a privately owned financial services industry research company based in London, UK.

CFD Trading UK - 2021 Market Outlook - Trading Authority Study

Retrieved on: 
Tuesday, June 1, 2021

CFD trading is defined as 'the buying and selling of CFD's, with "CFD" meaning "contract for difference".

Key Points: 
  • CFD trading is defined as 'the buying and selling of CFD's, with "CFD" meaning "contract for difference".
  • Plus500 - a leading CFD trading platform listed in London, +2000 stocks, regulated by the FCA, CySEC, and ASIC.
  • CFD trading can be used for short term trading profits on trends and movements in the market or to hedge/offset losses on your share portfolio.
  • Trading Authority is a privately owned financial services industry research company based in London, UK.

NOREXECO launches China softwood and hardwood pulp futures based on Fastmarkets prices

Retrieved on: 
Tuesday, June 1, 2021

LONDON, June 1, 2021 /PRNewswire/ --NOREXECO ASA, the international pulp and paper exchange, launched two cash-settled China pulp futures contracts on June 1 based on Fastmarkets' prices to meet growing demand for hedging in the international pulp market.

Key Points: 
  • LONDON, June 1, 2021 /PRNewswire/ --NOREXECO ASA, the international pulp and paper exchange, launched two cash-settled China pulp futures contracts on June 1 based on Fastmarkets' prices to meet growing demand for hedging in the international pulp market.
  • The contracts, one for softwood pulp and one for hardwood pulp, are settled against the monthly averages of Fastmarkets RISI's NBSK CIF China assessment and Fastmarkets FOEX' PIX China BHKP Net index.
  • NOREXECO already lists contracts for hardwood and softwood pulp delivered to Europe, as well as for recycled paper.
  • "The two new contracts enable anyone with exposure to pulp delivered to China to hedge out unwanted risk," said Stein O. Larsen, chief executive officer at NOREXECO.