By Fred Ingham, head of international hedge fund investments, Neuberger Berman A quiet revolution is happening in hedge funds. Investors continue to allocate to the asset class, but the way they are allocating is changing, while its investor base is growing broader and becoming more inclusive. With both bond and equity markets facing major […] Read more »
Maturing US Corporate Credit Cycle Calls For Active Credit Managers
By David Absolon, Investment Director at Heartwood Investment Management Diverging from recent trends, the US investment grade corporate market has underperformed US treasuries year-to-date. The yield spread (the difference in interest rates between the Investment grade corporate bond and the equivalent maturity risk-free rate) is at the widest level for a year and has […] Read more »
Reinsurance as an Alternative Investment Strategy
By Donald A. Steinbrugge, Managing Partner Agecroft Partners, LLC Reinsurance is one of the few hedge fund strategies that has almost no correlation to the stock or bond markets and has the potential to generate high single digit to low double digit returns on average over the next 5 to 10 years, regardless of […] Read more »
Special Situations Funds: A Private Party Worth Crashing
By Aimee F. Kish and Kurt L. Braitberg of TeamCo Advisers. _______________________________________________ In 2013, Argentine debt was badly battered. The bonds, which had defaulted and subsequently been renegotiated over a decade earlier, began to crumble. The 7% of debt holders who refused to convert to the new terms became locked in a legal battle […] Read more »
Equity Hedge Yet to De-Gross Notes Man Group’s FRM
From FRM Investment Management Market Background China’s financial troubles and the Fed’s zeroing in on lift off for the next interest rate cycle have combined, as we thought they might, to place deflation at the forefront of investor concerns. Moreover, it is clear that the problems emanating from China, other emerging markets and many […] Read more »
A Bias to Event Driven and Equity Arb Over Equity L/S for DB Wealth Mgt
From Deutsche Asset & Wealth Management* Event-driven Equity special-situation-orientated managers and those running moderate net exposures (i.e. with long and short exposures to the market that are roughly in balance) continue generally to fare better than their credit and more directional peers. Within the merger-arbitrage sector, we prefer nimble and smaller managers which can […] Read more »
…and Asian Hedge Funds Were Doing So Well
By Simon Kerr, Publisher of Hedge Fund Insight Though it may seem a thought from a long time ago, this year had been stacking up as a relatively good one for Asian hedge funds. This was true as recently as just over a month ago. Comparisons for performance in the YTD to the end […] Read more »
A Case for Liquid Alternatives from K2 Advisors
By David Saunders, Founding Managing Director, K2 Advisors (part of Franklin Templeton Solutions) Some investors consider hedge funds mysterious, aggressively managed investments that may be too risky for the typical portfolio. But skeptics may be surprised to learn that the majority of hedge fund managers focus on providing capital appreciation with lower volatility than the broad […] Read more »
Robertson Seeds A ‘Tiger’ Tiger Cub
By Hedge Fund Insight staff Tiger Management L.L.C. (“Tiger”) has announced a strategic partnership with Yulan Capital Management LLC (“Yulan Capital”) to focus on investing in companies in the greater China region. Yulan Capital is an investment advisory firm founded in January 2014 by Lilian Zhou, who has a history of investing in Asian securities. […] Read more »
European Hedge Fund Returns Closer to Asian Hedge Funds by End July
From Eurekahedge Hedge funds up 0.38% after bouncing back from previous month’s losses Hedge funds started the second half of 2015 on a positive note with the Eurekahedge Hedge Fund Index up 0.38%1in July while the MSCI World Index2gained 1.34% during the month. Market sentiment improved as the impasse in Greek debt negotiations was […] Read more »