News category: Buyside Strategies
Investors Should Be Eyeing Cheaper Hedges, SIG Says
Jun 21, 2024
Susquehanna Financial Group believes the market environment should drive investors to look to lower-cost hedges such as put spreads and this could have a more muted impact on volatility, further dampening skew.
Continue readingCapstone, U.S. Pension Draw Out Contract Negotiations Over Vol Strategy
Jun 20, 2024
The volatility-focused hedge fund Capstone Investment Advisors and Illinois State Universities Retirement System are yet to reach agreement on a contract for back-up tail risk and volatility management, two years after the provisional contract was awarded.
Continue readingHedge Fund Strategies Continue To Draw Investors
Jun 20, 2024
London-based consulting firm bfinance is seeing an uptick in investor interest in hedge fund strategies. Toby Goodworth, head of liquid markets, said this is being driven by a combination of the hedge fund industry being in a period of more sustained positive returns as well as investors seeking diversification. A broad swathe of hedge fund strategies are seeing new inflows.
Continue readingBBVA Bets On ARP, QIS For Portfolio Diversification
Jun 18, 2024
EUR110 billion BBVA Asset Management is finding value in its alternative risk premia and quantitative investment strategies allocations for portfolio diversification. “2024 is the fourth year in a row in which ARP vehicles obtain positive returns with decorrelation with traditional assets,” said Laura de Frutos, head of alternative risk premia at BBVA AM in Madrid.
Continue readingIndex Skew Levels Show Lower Demand For Downside Hedges, Cboe Says
Jun 17, 2024
Investors are taking advantage of lower overall index skew by buying relatively cheaper upside VIX calls, even as levels of fear and volatility in the market have fallen dramatically.
Continue readingU.S. State Pension Sees Commodities Boost
Jun 17, 2024
Commodities positions are boosting returns at the largely passive USD10.8 billion Wyoming Retirement System.
Continue readingReap, But Sow - Sunday Roundup, June 16, 2024
Jun 16, 2024
A paper co-authored by GIC and JP Morgan Asset Management this week looked at how hedge funds have more value than ever to offer institutions as geopolitics become more tense and a higher for longer rates environment becomes the new normal.
Continue readingSouthern U.S. Pension Buys Equity Protection
Jun 14, 2024
The USD42 billion Retirement Systems of Alabama has bought put spread protection for its equity portfolio, concerned about a possible correction before the systems’ fiscal year expires at the end of September.
Continue readingSURS And Short Extension Strategies - MandateConnect Newsletter, June 13, 2024
Jun 13, 2024
In this latest newsletter, we’ll dig into a recent presentation on equity short extension strategies published by the State Universities Retirement System of Illinois, plus we have all the links for the most recent asset allocation reviews and more added to MandateConnect in the last few weeks.
Continue readingNortheast Plan Makes Credit Hedge Fund Commitment
Jun 12, 2024
Massachusetts’ Pension Reserves Investment Management Board is investing up to USD175 million in credit hedge fund FourSixThree.
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