by Deborah Prutzman, The Regulatory Fundamentals Group The SEC recently issued guidance about risk management in the fixed income market in light of the prospect of the Fed tapering its quantitative easing program and triggering a rise in interest rates. It noted that the net assets of bond funds are at “near-historic highs” with much […] Read more »
Half Of UCITS Hedge Flows Into Fixed Income
By HFI Staff Writer Last year UCITS hedge funds assets under management (AUM) increased by 20% to reach a new high of €140 billion. The latest quarterly European research on the UCITS hedge funds industry published by Alix Capital, the Geneva-based provider of the UCITS Alternatives Index (UAI) family of indices, reveals that more than […] Read more »
SEB Bias Towards RV and Macro In Outlook For Hedge Funds
Victor de Oliveira, Portfolio Manager and Head of Investment Strategy, SEB Luxemburg The strong start to the year came to an end in the second quarter. The fading effects of the European Central Bank’s Long Term Refinancing Operation (LTRO, three-year loans at 1 per cent interest) reduced risk appetite, while increasing volatility made the market […] Read more »
Hedge Funds to Step Up In LBO Market in Europe
Just like the private equity business, Leveraged Buy Out (LBO) activity is usually subject to a cycle related to that of the stock market with a lag. On top of that in Europe there used to be laid a secular growth in LBO volume, and a long-term trend towards a wider variety of buy-out financing […] Read more »