Hedge

Templeton Emerging Markets Income Fund (“TEI”) Announces Distribution and Update to Its Use of Currency Options Disclosure

Retrieved on: 
Tuesday, December 1, 2020

Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0412 per share, payable on December 31, 2020, to shareholders of record on December 15, 2020 (Ex-Dividend Date: December 14, 2020).

Key Points: 
  • Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0412 per share, payable on December 31, 2020, to shareholders of record on December 15, 2020 (Ex-Dividend Date: December 14, 2020).
  • The Fund uses options to express macroeconomic and market views and to hedge foreign exchange and market risks on portfolio exposures, using the full suite of over-the-counter options products in strategies that both buy and sell options.
  • The Fund is permitted to invest up to 25% of its net assets in currency options for hedging purposes and to invest up to 10% of its net assets in currency options for investment purposes.
  • Additionally, the Fund is permitted to sell currency options up to 35% of its net assets.

Hedge Trackers Launches End-to-End FX Risk Management Software

Retrieved on: 
Tuesday, December 1, 2020

SAN JOSE, Calif., Dec. 1, 2020 /PRNewswire/ --Hedge Trackers, the leading provider of accounting, consulting and software services to protect clients against financial risk, has released new advancements to CapellaFX, making it the first FX risk management software that integrates the entire hedge program workflow.

Key Points: 
  • SAN JOSE, Calif., Dec. 1, 2020 /PRNewswire/ --Hedge Trackers, the leading provider of accounting, consulting and software services to protect clients against financial risk, has released new advancements to CapellaFX, making it the first FX risk management software that integrates the entire hedge program workflow.
  • Everyone involved in the FX risk management processfrom treasurers and accountants to reporting managers and CFOscan contribute to and work from the same, single source of truth.
  • "The foreign currency risk management process is traditionally time intensive, error-prone and manual, with little visibility into exposures, historical data and hedge performance.
  • Hedge Trackers is the recognized global expert in foreign currency, interest rate and commodity price risk management.

Purpose Investments Inc. Announces November Distributions

Retrieved on: 
Wednesday, November 18, 2020

(2) Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.

Key Points: 
  • (2) Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.
  • Purpose Investments is an asset management company with more than $9 billion in assets under management.
  • Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products.
  • Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.

Barclay CTA Index Loses 0.67% in September, According to Backstop BarclayHedge

Retrieved on: 
Thursday, October 15, 2020

FAIRFIELD, Iowa, Oct. 15, 2020 /PRNewswire-PRWeb/ -- Managed futures funds reversed course in September losing 0.67%, according to the Barclay CTA Index , compiled by BarclayHedge, a division of Backstop Solutions.

Key Points: 
  • FAIRFIELD, Iowa, Oct. 15, 2020 /PRNewswire-PRWeb/ -- Managed futures funds reversed course in September losing 0.67%, according to the Barclay CTA Index , compiled by BarclayHedge, a division of Backstop Solutions.
  • The Agricultural Traders Index gained 0.63% in September, the Currency Traders Index added 0.55%, the and the Financial & Metal Traders Index was up 0.16%.
  • Sectors in the red for the month included the Cryptocurrency Traders Index, down 10.88%, the MPI Barclay Elite Systematic Traders Index, off 1.47%, the Diversified Traders Index, losing 1.41%, the Systematic Traders Index, falling 0.92%, and the Discretionary Traders Index, shedding 0.75%.
  • Other leading gainers included the Agricultural Traders Index, up 10.04%, the Currency Traders Index, returning 5.37%, the Discretionary Traders Index, gaining 4.35%, and the Systematic Traders Index, up 2.20%.

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Provides Third Quarter 2020 Operational Update

Retrieved on: 
Tuesday, October 13, 2020

MIDLAND, Texas, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) (Viper or the Company) today provided an operational update for the third quarter ended September 30, 2020.

Key Points: 
  • MIDLAND, Texas, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Viper Energy Partners LP (NASDAQ: VNOM) (Viper or the Company) today provided an operational update for the third quarter ended September 30, 2020.
  • Diamondbacks forward plan will continue to focus on areas where Viper has a high mineral interest, showcasing the differentiated relationship between the two companies as they navigate this severe industry downturn.
  • Below is Vipers hedge position as of October 12, 2020.
  • The Companys derivative contracts are based upon reported settlement prices on commodity exchanges, with crude oil derivative settlements based on New York Mercantile Exchange West Texas Intermediate pricing.

Riverside Risk Advisors Announces Strategic Partnerships and the Launch of LiborXchange

Retrieved on: 
Thursday, September 24, 2020

NEW YORK, Sept. 24, 2020 /PRNewswire/ -- Riverside Risk Advisors ("Riverside") announced the launch of LiborXchange, a strategic partnership between Riverside, Scissero Ltd., and Hedge Trackers LLC to help clients through the imminent LIBOR transition.

Key Points: 
  • NEW YORK, Sept. 24, 2020 /PRNewswire/ -- Riverside Risk Advisors ("Riverside") announced the launch of LiborXchange, a strategic partnership between Riverside, Scissero Ltd., and Hedge Trackers LLC to help clients through the imminent LIBOR transition.
  • "With LiborXchange, we bring a practical approach, informed resources and an interdisciplinary skill set to help our clients through this process."
  • Learn more and visit us: www.liborxchange.com
    About Riverside Risk Advisors: An independent derivatives advisory firm located in New York City.
  • Riverside advises clients on hedging interest rates, currency, convertible bonds, and commodity market risk.

ICE Announces Record Trading Volume for Physically-Delivered Bakkt® Bitcoin Futures Contracts

Retrieved on: 
Wednesday, September 16, 2020

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, today announced record trading volume for its Bakkt Bitcoin (USD) Physically Delivered Monthly Futures contracts.

Key Points: 
  • Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listing services, today announced record trading volume for its Bakkt Bitcoin (USD) Physically Delivered Monthly Futures contracts.
  • Bakkt Bitcoin Monthly Futures traded a record 15,955 contracts on September 15, 2020, 36% more than the previous record of 11,706 on July 28, 2020.
  • Bakkt Bitcoin (USD) Physically Delivered Monthly Futures are listed on ICE Futures U.S. and offer market participants a cost-efficient tool to hedge or gain exposure to bitcoin.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

Korean Consortium Acquires Significant Equity Interest in a Large Scale U.S. Wind Generating Portfolio

Retrieved on: 
Tuesday, September 1, 2020

Brookfield will continue to hold a 50.1% equity interest in the Portfolio.

Key Points: 
  • Brookfield will continue to hold a 50.1% equity interest in the Portfolio.
  • The Portfolio is supported by long-term power purchase agreements or hedges with investment grade counterparties with over 12 years of aggregate average remaining capacity-weighted contract life.
  • The Portfolio has long term service agreements with General Electric International, Inc. that cover turbine operations and maintenance as well as other balance of plant services.
  • This landmark Korean transaction is one of the first major investments made by Korean infrastructure investors since COVID-19 and will be the largest ever renewable energy acquisition completed globally by Korean investors.

Huobi Futures Launches Bitcoin Options as Investors Rush to Hedge Inflation Risk

Retrieved on: 
Monday, August 31, 2020

LONDON, Aug. 31, 2020 /PRNewswire/ -- On August 31st, Huobi Futures, the crypto derivatives market of Huobi Group, announced that Bitcoin (BTC) options will be launched for trading at 10:00 on September 1st.

Key Points: 
  • LONDON, Aug. 31, 2020 /PRNewswire/ -- On August 31st, Huobi Futures, the crypto derivatives market of Huobi Group, announced that Bitcoin (BTC) options will be launched for trading at 10:00 on September 1st.
  • The new options product follows the successful roll-out of Huobi Futures' Perpetual Swaps earlier this year and aims to give traders more ways to create arbitrage and hedge risk in the crypto market.
  • Options on Huobi are European Options, a version of an options contract that limits execution to its expiration date.
  • With the surge in derivatives trading, options can provide lower risk as the maximum loss an options buyer can incur is the options Premium, with no limit on gains.

Purpose Investments Inc. Announces August Distributions

Retrieved on: 
Wednesday, August 19, 2020

Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.

Key Points: 
  • Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.
  • Purpose Investments is an asset management company with more than $9 billion in assets under management.
  • Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products.
  • Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.