By Donald A. Steinbrugge, CFA, Managing Partner Agecroft Partners Each year, Agecroft Partners predicts the top hedge fund industry trends through their contact with more than 2,000 institutional investors and 300 hedge fund organizations. Because the hedge fund industry is very dynamic and constantly changing, it is important for firms to anticipate what changes are […] Read more »
Fitch London Credit Outlook Conference Highlights
From Fitch Ratings Fitch Ratings’ annual series of European credit outlook events returned to London today, with a combination of presentations and panel discussion focussed on the question: Why is Funding The Key to Recovery? Below are some highlight quotes from today’s presentations. Sovereigns: “On the back of a fragile economic recovery and […] Read more »
Japanese Reflation Trade Pays Off For Macro Managers In November
From FRM Investment Management With many of this year’s themes continuing, as discussed above, November was a positive month for hedge funds. The majority of strategies were positive over the month, with very few outliers on either the positive or negative side (given adjustments for volatility). The HFRX Global Hedge Fund Index returned 0.55%. […] Read more »
GAM Insight – Hedge Fund Performance in November
From Global Asset Management Accommodative monetary policy continues to support equity-related hedge fund strategies in November, says GAM A continuing rally in equity markets remains a prominent theme as we head into December, but there are also other sizeable trade ideas today across hedge funds, says Anthony Lawler, portfolio manager at GAM. “Hedge fund […] Read more »
GFIA’s 7 Commandments In The World Of Investment
By GFIA Team, led by Peter Douglas The monthly “thinkpiece” as we call it in GFIA, is usually a qualitative commentary on what we’re seeing at the moment in our world. This month, however, we’re going to go over some of our learnings from 28 years’ exposure to the world of professional investing (and including […] Read more »
Graphic of the Day – Investors in CTAs
By Hedge Fund Insight staff Today’s graphic shows the proportion of each investor type that invest in CTAs. Source: Preqin Hedge Fund Investor Profiles From this graphic one could say that a fund of hedge funds is four times as likely to have invested in CTAs as a family office. Or, that a marketer of […] Read more »
SWFs As Investors In Hedge Funds
By Hedge Fund Insight staff As Sovereign Wealth Funds (SWFs) have grown in number and AUM they have become more significant to the hedge fund industry. According to data from Preqin, assets managed by SWFs are up 76% in the last 5 years as existing funds have grown, and new funds have been formed. Total […] Read more »
HSBC Review of Hedge Funds in 2013 and Outlook for 2014
By Dean Turner, Investment Strategist, HSBC Private Bank Hedge funds reviewed Hedge funds have delivered healthy risk-adjustedreturns over the last few years, and have been a useful diversifier for portfolios. In our view, the macroeconomic and investing environment should remain supportive for managers across equity, credit and macro strategies. We have been positive on the […] Read more »
Acceleration in Downtrend for Funds of Hedge Funds
By Simon Kerr, Publisher of Hedge Fund Insight Eurekahedge has just published its annual review of funds of hedge funds. It is difficult to find any good news in it. The divergence of the paths since the Credit Crunch of the single manager and multi-manager hedge fund businesses is well known, and is reflected in […] Read more »
Corporate Governance Is More Than A Tool To Today’s Activist Investors
From Activist Insight Traditional activists were essentially value investors, but that profile might be changing. For example, Carl Icahn has long championed the interests of shareholders. Yet even many who had watched him for years were surprised by the vehemence of his Wall Street Journal Op-ed after withdrawing from the shareholder vote on Dell’s leveraged […] Read more »