By Colin McLean, managing director, SVM Asset Management SVM portfolios are currently fully invested, recognising attractive valuations in the UK and Europe and a more encouraging outlook for global growth. In the US, news in construction, housing and retail suggests that the worst is past. US construction and housing sectors, representing in total one-sixth of […] Read more »
Fortress’ Logan Circle At The Tipping Point
By Simon Kerr Across its funds businesses Fortress Investment Group has put in some good returns this year, including from its hedge funds. Should the superior returns continue, the Group will be well placed to give better profitability to its investors, not the least from Logan Circle, the institutional fixed income manager acquired in April 2010. […] Read more »
Specialist Manager Series – Selecting Healthcare Stocks with Rhenman & Partners
Selecting Healthcare Stocks: “Hedge Fund Insight” features a series of articles to share the expertise of specialist equity managers. The second looks at the approach taken by Rhenman & Partners Asset Management AB of Stockholm, which specialises in healthcare shares in the hedge fund format. The requirements of institutional investors in hedge funds can […] Read more »
Opinion – Some Reasons SWFs Will Not Buy HF Management Companies
By Simon Kerr A recent article suggested that SWFs are exploring the possibility of buying asset management companies. Could hedge fund management companies be on their radar? The reasons given for buying asset managers are two-fold: to reduce fees and to ramp up investment expertise. It could be that the most senior executives at the […] Read more »
Avenue Capital Backs Punch Taverns and Travelodge Debt to Recover
A recent article in the “New York Times” made a a big play about Avenue Capital’s strategic allocation of capital to Europe, which meets the opportunistic and value-driven approach of founder Marc Lasry. The $3bn of capital is expected to be committed for 3 to 5 years, but is being drip-fed in at roughly $150m […] Read more »
Top Five Property Markets In The U.S. for Investment
By Martin Sadler, Operations Director at Qualitas Property International, the UK based professional real estate investment company that works in the American market. Below are our top five picks of the very best places right now to invest in the US. Prices today in the US are up to 70% under their peak values before […] Read more »
Co-Opting Marketing Resources for Hedge Funds – Part Two
Preqin – Building On A Database The previous and following articles in this series cover lead generator companies in the hedge fund business who make great efforts to explain that they are not database companies. Preqin is a database company that is trying to add some value beyond that restrictive label, so is […] Read more »
Co-Opting Marketing Resources for Hedge Funds – Part One
Murano Systems, A Lead Generator In one of the coincidences that inspire, recently two aspects of hedge fund marketing came into view. The first was coming across a small hedge fund using Murano Systems, and the second was a White Paper on the different types of hedge fund investors from Merlin Securities. The Merlin paper […] Read more »
European Equity Managers Adding Value From Bottom Up
According to Deutsche Bank the median return of European-based hedge funds in the first 4 months of the year was 3.15%. Just looking at Equity L/S strategies, over the same period global L/S funds were up 4.25%, and European Equity L/S were up 4.13% on a median basis. For comparison the STOXX 600 was up […] Read more »
The End is Nigh for Smaller Funds of Hedge Funds
For some time there have been questions raised about the sustainability of the business models of funds of hedge funds as a category. There is no doubt that they will continue to exist and that there will be winners as well as losers. But the rising tide of assets in the hedge fund industry is […] Read more »