Hedge funds

Risk aversion rose over the recent days as Election Day approaches in the U.S. and the gap between Clinton and Trump in the polls has narrowed. During the period under review, both equities and bonds delivered negative returns, while credit spreads widened and energy commodities fell markedly.

The GAM Systematic Global Equity Market Neutral fund uses systematic strategies and proprietary trading systems to invest in global single-name equities. Designed to deliver returns uncorrelated with a long-only equity portfolio...

Fixed income markets have faced some pressures lately, as investors fret about less accommodative monetary conditions going forward. In addition, higher energy prices have fuelled bond yields, as both OPEC members and Russia...

Nervousness rose last week as investors continued to prepare for a December Fed hike - increasingly likely - and ahead of the US elections. US rates, the dollar and breakevens progressed, while equities dropped slightly.

According to George Szemere, Head of Global Strategic Relations & Liquid Alternatives, Columbia Threadneedle, there is a growing understanding that extracting returns from a traditional asset-allocation mix is going to be challenging…