Differential Performance Noteworthy at Half Year Point – European CTAs Suffer

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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 »

Hedge Funds in Europe in Graphics in 2018

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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 »

Demand for European Hedge Funds Increases

By Hedge Fund Insight staff   Hedge Fund Insight has commented this year on Emerging Market (EM) hedge fund returns and capital flows in the context of the six month rule (see Emerging Market Hedge Fund Demand – The Six Month Rule in Action). The monthly report from eVestment on hedge fund industry capital flows remarked […] Read more »

Graphic of the Day – Europe’s Decline v. US as Hedge Fund Investors

From Preqin Over recent years Europe-based investors have accounted for a decreasing proportion of capital allocated to hedge funds by institutional investors worldwide, as some have pulled back from investing in the asset class and investors in other regions have increased their activity. Europe-based institutions accounted for 32% of institutional capital invested in hedge funds in December 2011; this figure has […] Read more »

Emerging Market Hedge Fund Demand – The Six Month Rule in Action

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By Simon Kerr, Publisher of Hedge Fund Insight   The “2017 Credit Suisse Global Survey of Hedge Fund Investor Appetite and Activity” contains the latest example of the six-month rule in action. Regular readers will know the rule and it’s workings (given below). If you haven’t heard of the rule and you have to do some marketing […] Read more »

Hedge Fund M&A … Deals Are Flowing

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By Madison Street Capital 2016 is gearing up to be one of the most active years in terms of M&A activity for the hedge fund industry. Propelled by the wave of transactions in the fourth quarter of 2015, many positive factors are leading indicators that M&A deal momentum will continue, positioning 2016 to be a […] Read more »

Asset Flows in 2016 – Multi-Strategy and Macro/CTAs Seen As Beneficiaries

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By Peter Laurelli, Head of Research at eVestment   Executive Summary of eVestment’s 2016 Hedge Fund Industry Outlook The Outlook highlights data-driven predictions of hedge fund trends for the upcoming year. The hedge fund industry continues to face dominant short-term and long-term influences. There is consistent evidence to suggest returns influence fund specific flows in […] Read more »

Talent, PB Fees, and Middle Office Outsourcing Highlighted in E&Y HF Survey

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By Hedge Fund Insight staff   One of the public services Hedge Fund Insight provides is mastication: HFI will chew over a major piece of work to give you the highlights. Each year Ernst & Young publish a Global Hedge Fund & Investor Survey*. As usual there were some interesting and surprising results in the […] Read more »

Big Changes For Hedge Funds In Management Of Counterparties & Collateral Seen By Citi

By Citi Investor Services   This article gives the key findings from Part 2 of  “The 2014 Citi Investor Services 5th Annual Industry Evolution Report”.   The factors driving change in the hedge fund industry are shifting. For the five years since the Global Financial Crisis, major industry evolution occurred primarily in response to a […] Read more »

CalPERS Resizes Hedge Fund Program On The Back Of Power Shift

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By Simon Kerr, Publisher of Hedge Fund Insight   CalPERs, the largest defined benefit plan in the United States, has been a thought leader in the use of hedge funds for investing institutions, but no more. Changes to the power structure within the Retirement System have led to a reversal of the attitude towards investing […] Read more »