Hedge funds posted their worst performance in 20 months in November, after a global market selloff sparked by concerns over the Omicron COVID variant, according to recent data from Hedge Fund Research. Financial markets went into a tailspin in the last week of November with U.S. stocks losing nearly 4% in the last five trading sessions …
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The Omicron variant was the main driver behind investors selling £83 million in equity fund holdings over a two-day period in November, highlighting significant investor uncertainty. According to Calastone’s November Fund Flow Index, as governments imposed new restrictions on travel and reimposed mask mandates investors reacted swiftly on Friday 26 and Monday 29 November 2021, …
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Canada Pension Plan Investment Board (CPP Investments) has made an initial $300 million equity investment in Britain’s Octopus Energy Group as part of a long-term strategic partnership. Reuters state that “the investment and partnership with Octopus Energy was made through CPP Investment’s Sustainable Energies Group, which aims to increase its level of committed capital over …
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U.S. bond funds have attracted record inflows throughout 2021, despite worries about inflation and expectations the Federal Reserve could roll back its pandemic-era stimulus measures earlier than expected. According to Refinitiv Lipper data, U.S. bond funds attracted a net $612B in the first eleven months of this year, already surpassing the record inflow of $486.18B …
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For the first time ever, annual global net inflows into ETFs have surpassed $1 trillion in 2021, and this milestone was reached in November. This brought total global assets invested in ETFs close to $9.5T, more than twice their value as of the end of 2018. In 2020, the global inflows for the full year …
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JP Morgan Asset Management (JPMAM) has launched its Climate Change Solutions Fund to be managed by Francesco Conte, Yazann Romahi and Sara Bellenda. Funds Europe states that the fund is “the firm’s first EU SFDR Article 9 SICAV fund and will invest in “forward thinking companies” that the managers consider to be developing and scaling …
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