By Hedge Fund Insight staff KKR, the quoted alternatives firm, and Marshall Wace LLP, one of London’s largest and longest-established hedge fund firms, today announced a long-term strategic partnership. Under the terms of the agreement, KKR will acquire at closing a 24.9% interest in Marshall Wace through a combination of cash and common units. […] Read more »
Event Driven Down for Year as Hedge Funds Lose for Third Month
From Eurekahedge Pte of Singapore Hedge funds posted their third consecutive month of losses with the Eurekahedge Hedge Fund Index down 1.75%1in August while the MSCI World Index2lost 6.66% during the month as fears over China’s economic outlook intensified with global equity markets seeing broad based declines. Despite the setback, hedge funds have outperformed […] Read more »
Oil Price Risks to the Upside into 2016 Says Astenbeck’s Andy Hall
By Andrew Hall, CEO and Chairman of Astenbeck Capital Management Despite generally supportive economic data, markets were unnerved in June by the sharp selloff in the Chinese stock market and the specter (yet again) of a Greek default. Metals prices were pummeled for no apparent reason and oil drifted to the lower end of […] Read more »
Get Ready to Buy Equities
By Klaudius Sobczyk, founder of Advanced Dynamic Asset Management Now we are back in the volatile equity markets predicting the next big correction. As the following chart shows we had numerous of those predictions since the bull market started back in 2009. S&P 500 Index weekly chart […] Read more »
5 SNAFUs To Avoid With Investors
By Diane Harrison, principal of Panegyric Marketing Leadership is the art of getting someone else to do something you want done because he wants to do it. ─Dwight D. Eisenhower A SNAFU is a borrowed term from the military, circa 1941, that refers to a Situation Normal All Fouled Up (except soldiers used a […] Read more »
Fee Pressures Are a Hot Button
By Simon Kerr, Publisher of Hedge Fund Insight Fee pressures are ubiquitous in the hedge fund industry. Pre-Credit Crisis there were fee pressures, but some large and very large managers with capacity-constrained funds and closed to all new capital could not be bullied or argued into fee concessions. In the aftermath of the Credit […] Read more »
Bridgewater Associates in Numbers
By Hedge Fund Insight staff Related articles: Bridgewater’s Leadership In Building Firm Culture & Commitment To Training (Sept 2014) Bridgewater Win Shows It Leads the Way in the Hedge Fund Industry (May 2013) Bridgewater Associates in Numbers (March 2011) Bob Prince, Co CEO of Bridgewater, on Alpha and Beta in HF Portfolios (Dec 2010) Read more »
MMIF Reporting – A Challenge for Fund Administrators Survey Says
By Shane Brett, Chief Executive of Global Perspectives INTRODUCTION In April 2014, the Central Bank of Ireland (CBI) introduced new reporting requirements for all funds in Ireland. The Resident Money Market and Investment Funds Return (MMIF) must be completed for all UCITS (Undertakings for the Collective Investment of Transferable Securities) and hedge funds resident […] Read more »
BlueBay’s Discipline, Flexibility and Team Depth Highlighted By Fitch
By Hedge Fund Insight staff Fitch Ratings has just released its views of the Absolute Return Funds of London-based BlueBay Asset Management – BlueBay Investment Grade Absolute Return Bond Fund (IGARF) and BlueBay Investment Grade Libor Fund (IGL). BlueBay is a specialist credit asset manager with AUM of USD59.1bn at end-March 2015 (USD28.3bn in investment grade […] Read more »
Citi Says It Will Use Balance Sheet to Grow Prime Finance
By Simon Kerr, Publisher of Hedge Fund Insight Changes to capital requirements imposed on banks by regulators are expected to have a significant impact on hedge fund-related activity. Indeed in only the last week or so two industry insiders told Hedge Fund Insight independently that it was THE biggest factor driving change in the […] Read more »