Incisive Views from Professionals
From Lyxor Asset Management The Lyxor Hedge Fund Index was down -0.7% in April (YTD -0.1%). 6 out of 12 Lyxor Indices ended the month of April in positive territory, led by the Lyxor L/S Credit Arbitrage Index(+1%), the CTA Long Term Index (+1%) and the Lyxor Global Macro Index (+0.9%). Data published in […] Read more »
By Peter Douglas of GFIA, with an introduction by Simon Kerr When Richard Hills wrote “Hedge Funds: An Introduction to Skill-based Investment Strategies” in 1996 the hedge fund industry consisted of relatively few firms dominated by the idiosyncratic talents of their seasoned leaders. The landscape today is very different – many of the investment […] Read more »
By Diane Harrison, Panegyric Marketing A t some point in every business, there comes a time when you need to sit down and engage in some introspective planning to create, refresh or fine-tune the marketing message. Most people who are successful in business are willing to spend whatever time, energy and resources are required […] Read more »
By Alex Gavrish, Etalon Investment Research and author of “Wall Street Back To Basics” Credit Suisse recently released its Annual Hedge Fund Investor Survey. The survey, produced by Credit Suisse’s Capital Services Group, is one of the most comprehensive in the industry, with over 500 respondents – including pension funds, endowments, consultants, family offices […] Read more »
From Lyxor Asset Management The Lyxor Hedge Fund Index was up +1.9% in February, bringing year to date performance to +1.45%. 11 Lyxor Strategy Indices out of 12 ended the month in positive territory, led by the Lyxor Special Situations Index (+3.48%), the Lyxor CTA Long Term Index (+3.4%) and the Lyxor L/S Equity […] Read more »
By Donald A. Steinbrugge,Managing Partner Agecroft Partners, LLC Average hedge fund performance has been mediocre at best over the past five years, which is not surprising because most of the asset flows have been concentrated in a small percentage of firms with the largest assets under management. Many of these firms have morphed into […] Read more »
By Steven Whittaker and Nicholas Fagge, Schulte Roth & Zabel LLP Background In May 2013, HM Revenue and Customs (“HMRC”) consulted on proposals in two areas to tackle perceived tax avoidance via partnerships. The first area was disguised employment in Limited Liability Partnerships (“LLPs”) and the second was the tax-motivated allocation of business profits […] Read more »
From FRM Investment Management Despite January being a negative month for equity indices Equity Long-Short managers benefited from single stock dispersion to end the month roughly flat; European managers finished the month marginally positive, while the US was flat in aggregate. In Europe, managers suffered in the sharp sell offs, which were highly correlated and […] Read more »
From Cliffwater LLC The views expressed herein are the views of Cliffwater only through the date of this report and are subject to change based on market or other conditions. All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. This report is being distributed for informational purposes […] Read more »
From Lyxor Asset Management The global economy finished was down only -0.4% in January, outperforming the MSCI World down -3.8%. 8 Lyxor Strategy Indices out of 12 ended the month in positive territory, led by the Lyxor Fixed Income Arbitrage Index (+1.74%), the Lyxor Merger Arbitrage Index (+0.92%) and the Lyxor L/S Equity Market Neutral […] Read more »