Endowments Reevaluating Hedge Funds NEPC Survey Finds

money tag galaxy with teal background 654 x 638

NEPC, LLC, one of the industry’s largest independent, full-service investment consulting firms to endowments and foundations, recently published the results of its Q2 2016 NEPC Endowment and Foundation Poll, a measure of endowment and foundation confidence and sentiment related to the economy, investing and market performance. The Q2 Poll included a special focus on how […] Read more »

Spotlight on Merger Arbitrage at Paulson & Co

FotoFlexer_Photo Mosaic 1 Blue Tint

By Hedge Fund Insight staff   Introduction – Part One This article is divided into three parts. The first part is the genesis of the article – the new supply of funds engaging in the strategy of merger arbitrage, including one from Paulson & Co. The second part is John Paulson’s writing on the strategy […] Read more »

Graphics Of The Day – Odey European Fund’s Balance Sheet

From Hedge Fund Insight staff                 Net short of equity exposure by over 100% of balance sheet.                     Top 10 positions include 6 short positions. The sizing of the JGB/Australian Govt. Bond positions make it look like one relative […] Read more »

Beta Component of Returns Hits Absolute Return Funds – Fitch


By Manuel Arrivé and Alastair Sewell of Fitch Ratings   Returns Reveal Beta Exposures in Absolute Return Funds Absolute Return (AR) funds showed their poorest performance since 2008, with average 12-month rolling returns sinking to – 5.2%, principally as a result of poorly managed drawdowns. Only 11% of funds showed positive performance over 12 months […] Read more »

Top Ranked CTAs

Over the last 36 months these are the top-ranked managed futures programs for absolute return.* Please note that this table updates in the week after the close of the month. Click on a program to see more detail (right mouse click to open in a new window or tab). *source:Fundpeak.com Read more »

Bridgewater Associates in Numbers

Bridgewater 9 images unedited

By Hedge Fund Insight staff Related articles: Bridgewater’s Leadership In Building Firm Culture & Commitment To Training (Sept 2014) Bridgewater Win Shows It Leads the Way in the Hedge Fund Industry (May 2013) Bridgewater Associates in Numbers (March 2011) Bob Prince, Co CEO of Bridgewater, on Alpha and Beta in HF Portfolios (Dec 2010)   Read more »

Activists Post Best Month In Two Years

From Cliffwater LLC   Risk assets rallied strongly in February led by developed equity markets. This propelled the HFRI Event Driven Index to its best monthly return since October 2011 at 3.0%. While positive returns were generated across all event driven sub-strategies, activist and equity special situations strategies benefited the most from the equity market […] Read more »

Event Driven in May

Event_Driven_Lead_Article_Graphic 2 jpeg

By Hedge Fund Insight staff* Event Driven managers had a negative month in May despite the high level of deal activity and the positive contribution from special situations trading. A number of the larger deal spreads either broke (Astra-Zeneca/Pfizer was not an official deal break, but it had the same effect) or widened. This was […] Read more »

Hedge Funds Increase Short Bets On US Bonds According To Lyxor Data

From Lyxor Asset Management*   Hedge funds are increasing their short bets on US rates as the flow of economic data improved and inflation figures edged higher. Moderate price pressures materialised recently (PCE deflator at 1.6% yoy in April), though the inflation rate remains below the 2% target of the Fed. This triggered a rise […] Read more »

Lyxor Hedge Fund Index Commentary For April

Lyxor Index Apr 2014

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 »