The Bank of Japan Goes All In According To Insight Investment

From Insight Investment   The Bank of Japan (BoJ) announced on 31 October that it would dramatically increase the scale of its quantitative easing (QE) programme. Passed by a majority 5-4 vote of the BoJ’s Policy Board, it announced the intention to purchase ¥80 trillion (£440bn) of Japanese government bonds a year, marking an increase […] Read more »

Macro Returns Positive In October As Event Driven Turns Negative For the Year

From Global Asset Management   Global markets were volatile in October with equities, credit and bond yields broadly selling-off in the first half of the month before reversing course and rallying into month-end. This volatility and choppiness proved challenging for many investors, including hedge funds, with most cutting their risk by mid-month and therefore not […] Read more »

GAM Insight: Hedge Funds De-Risk By January Month End

From Global Asset Management Managers weather the challenging last two weeks of the month In general, hedge fund managers began January broadly expecting the successful themes of the previous quarter to remain prevalent, according to Anthony Lawler, portfolio manager at GAM. Specifically, these themes included Japan reflation; strength in developed market equities led by US […] Read more »

GAM Hedge Fund Performance Update For End 2013

From Global Asset Management 2014 could see alpha and dispersion rise in importance over beta, says GAM Hedge funds had a strong final quarter of 2013 and ended the year up 6.7%, as measured by the HFRX Global Hedge Fund index returns in US dollar terms. “The four main hedge fund strategies all performed positively […] Read more »

GAM Insight – Hedge Fund Performance in November

From Global Asset Management Accommodative monetary policy continues to support equity-related hedge fund strategies in November, says GAM A continuing rally in equity markets remains a prominent theme as we head into December, but there are also other sizeable trade ideas today across hedge funds, says Anthony Lawler, portfolio manager at GAM.   “Hedge fund […] Read more »