Incisive Views from Professionals
By Hedge Fund Insight staff A hedge fund based in Sydney Australia has been the victim of a cyber attack that ultimately put it out of business. The rogue software was delivered via a Zoom invitation. Fake invoices were sent to the fund’s trustee and fund administrator leading to payments totaling $8.7m. Levitas Capital was […] Read more »
Consolidation has provided some managers with the m eans to grow their firm at a time when the wider fund of hedge funds industry has contracted both in terms of AUM and number of participants. The majority (60%) of investors active in hedge funds seek exposure to the asset class via multi-manager vehicles, either solely or as part of a […] Read more »
By Simon Kerr, Publisher of Hedge Fund Insight The peak of the fund of hedge funds sector was in 2008 (by AUM and numbers of funds) and in aggregate the sector has shrunk ever since (by those two measures). The pace of change has varied but the direction hasn’t. In the first half of last […] Read more »
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 »