From Lyxor Asset Management March has been a positive month for risk assets. As soon as mid-February, the Fed started to prepare markets for a softer stance than expected by market participants. Mid-March, it delivered at the FOMC meeting with a downward revision of growth and inflation forecasts for 2016, consolidating the rally in […] Read more »
Ford Pension Plans Cut Equity And Event For Macro And Multi-Strat
By Simon Kerr, Publisher of Hedge Fund Insight The investment strategy allocation of portfolios of hedge funds is a function of the target return and drawdown tolerance of the end investor over a multi-year period. The pension plans of the Ford Motor Company are part way through a five-year de-risking process – the U.S. […] Read more »
Lyxor Favours Relative Value & Macro For 2016
By Jean-Marc Stenger, CIO for Alternative Investments, Lyxor Asset Management Macro Themes: After navigating between Scylla and Charybdis in 2015 amid growth and deflation scares, 2016 should provide some limited relief. The sturdy, yet aging, expansion in the US should warrant the inception of monetary policy normalization this December. However, all the concerns – […] Read more »
Asset Flows in 2016 – Multi-Strategy and Macro/CTAs Seen As Beneficiaries
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 »
Deutsche AWM Sticks to Strategy Biases – Positive on Equity M-N
By Hedge Fund Insight staff At the beginning of the last quarter Deutsche Asset & Wealth Management’s Hedge Fund Advisory Team advised an overweight in equity market-neutral and an underweight in distressed investing strategies. Both have been good calls in the short period since. Here we catch up with Tim Gascoigne, Head of Liquid Alternatives – […] Read more »
…and Asian Hedge Funds Were Doing So Well
By Simon Kerr, Publisher of Hedge Fund Insight Though it may seem a thought from a long time ago, this year had been stacking up as a relatively good one for Asian hedge funds. This was true as recently as just over a month ago. Comparisons for performance in the YTD to the end […] Read more »
Add to Equity M-N from Event Driven Advises Deutsche AWM
By Deutsche Asset & Wealth Management’s Hedge Fund Advisory Team Strategy and Drivers – Taking advantage of the rise in volatility “Volatility and liquidity are persistent themes”. The theme ofelevated volatility in markets – a key message of the June 2015 CIO view, suggests emphasising those strategies that thrive in this type of environment. […] Read more »
A.M. Best on Insurance Industry Hedge Fund Exposures
By Jason Hopper and Ken Johnson of A.M.Best* Introduction In A. M. Best’s recently published briefing, “Industry Interest in Non-Traditional Assets Continues”, we discussed the overall increased interest in non-traditional assets which are found on Schedule BA of the U.S. statutory filings. As allocations to Schedule BA assets (BA assets) have been increasing for […] Read more »
2015 Hedge Fund Outlook from Deutsche AWM
By Deutsche Asset & Wealth Management’s Hedge Fund Advisory team Our 12 month hedge fund performance forecasts are derived from our market outlook to the end of 2015, which in turn is anchored by the forecasts from the Deutsche AWM CIO Office. They are based on the following expectations: We expect global economic […] Read more »
2015 Hedge Fund Industry Outlook from eVestment – Flow Forecasts
From eVestment LLC eVestment’s 2015 Hedge Fund Industry Outlook predictions of hedge fund trends for the upcoming year include: Barring a large and unexpected global or financial event, hedge funds are positioned for another year of solid growth as institutional investors seek to gain alternative exposures to traditional equity and fixed income markets. […] Read more »