From Keith Haydon and Adam Singleton of Man FRM, part of Man Group Markets return to an uneasy calm in July with rising equity markets and falling volatility. Commentators continue to watch the shape of the US yield curve for clues. July continued the difficult year for hedge fund performance, with mixed performance across strategies […] Read more »
Differential Performance Noteworthy at Half Year Point – European CTAs Suffer
By Hedge Fund Insight staff At the half way point of the year, in terms of consolidated data releases, the picture for hedge funds at the top level looks okay – broad hedge fund indices are flat (e.g. the HFRI Asset Weighted Composite Index is up 1.35%), and flows have been positive (over $17bn in […] Read more »
Insurers Trim Hedge Fund Holdings – AIG Cuts A Third – According to AM Best
By Jason Hopper, Associate Director – Industry Research and Analytics at A.M. Best The U.S. insurance industry continued to reduce its risk appetite for hedge fund investments, as holdings declined year over year by 8.5% to $16.4 billion from $17.9 billion in 2016, according to a new A.M. Best report based on year-end 2017 data from the National Association of […] Read more »
Hedge Funds in Europe in Graphics in 2018
For 2008 it has been estimated by data provider Preqin that Europe-based investors allocated a combined €175bn to hedge funds; today there are over 1,100 institutional investors in Europe actively investing over €404bn in hedge funds – a huge increase since the GFC. In 2017 Preqin produced a study with AIMA looking at employment in the hedge fund sector; the study estimated that […] Read more »
Graphic of the Day: Consistent Flows to Medium-Sized Hedge Funds
By Hedge Fund Insight staff The global hedge fund industry has attracted US$342.1 billion of net asset flows since January 2013, out of which billion dollar hedge funds accounted for US$206.9 billion of these net capital allocations, while funds with assets under US$500 million collectively recorded net asset inflows of US$49.3 billion over this period. There […] Read more »
Quote of the Day from Warren Buffett
Risk does not equate with volatility. However, opportunity does equate with volatility. source: Jeff Towson from Notes from Q&A with Warren Buffett related article (Buffett mentioned): Follow The Leader: Thought Leadership As A Practice Read more »
Value Partners – Trade Deal To Follow Trade War Will Be Buy Catalyst For Markets
By Cheah Cheng Hye, Chairman and Co-Chief Investment Officer of Value Partners The potential trade war between China and the United States In recent months, I have been advising investors to be cautious, because I was worried about rising trade tensions between China and the U.S. But now that the two sides have announced trade tariffs, […] Read more »
Are CTAs Positioned To Protect Portfolios?
by Seth Bancroft, Research Consultant, Hedge Funds at NEPC If abrupt shifts in prices are what keep CTA (or managed futures) investors up at night, then they are likely sleep-deprived, given the recent market volatility. Up until recently, equity markets have been on a tear. Thus, not surprisingly, most CTAs–strategies designed to capture trends in asset […] Read more »
Class Action Started Over LJM Funds’ Volatility Strategy Fund
By Hedge Fund Insight staff Robbins Geller Rudman & Dowd LLP has announced a class action has been commenced on behalf of purchasers of shares of the LJM Preservation and Growth Fund (MUTF: LJMAX, LJMCX, LJMIX) during the period between February 28, 2015 and February 7, 2018. LJM Funds Management is a liquid alternative investment management […] Read more »
GAM Hedge Fund Outlook 2018 – Prefer CB Arb to L/S Credit
By Kier Boley, Chairperson of the GAM AIS Investment Committee Alternative industry trends As we begin 2018, global asset prices have continued their inexorable grind higher. There is increasing unease from investors on the length and extent of the current rally, whilst central banks are increasingly on a rate tightening trajectory. As a result, […] Read more »