In this webcast transcript Troy Gayeski, Senior Portfolio Manager, and Ray Nolte, Chief Investment Officer of SkyBridge Capital discuss how the shifts of market and economic background have driven the decision making on the flagship SkyBridge Multi-Advisor Hedge Fund Portfolios (Series G). 1. Q2 Portfolio Review: How much did the portfolio shift? Troy Gayeski: […] Read more »
Outlook for Event Driven Strategies from Quaker Funds
By Thomas F. Kirchner, Portfolio Manager, and Paul Hoffmeister, Portfolio Strategist of Quaker Funds, Inc. The market environment for event driven strategies Credit conditions remain highly favorable for corporations to execute and complete corporate transactions. We expect the current environment, the result of two years of relative macroeconomic calm, to continue during the near-term. […] Read more »
Specialized Equity Hedge Funds Preferred By FERI
By Tao Wan, Senior Analyst at FERI AG Although the global equity indices have been marching higher with low volatility until lately, it has been tough for many Equity Long/Short managers starting late March as the rotation of growth to value began. As a whole the Equity L/S managers have not been able to […] Read more »
Strategy Preferences of Japanese Investors In Hedge Funds
By Hedge Fund Insight staff Japanese institutional investors have longer experience investing in hedge funds than institutions in other regions of the world. In addition absolute return strategies have had significant allocations from Japanese investors for a long period – the Japanese economy has suffered from low interest rates and bond yields for a […] Read more »
Managing Position Size In Merger Arbitrage – VRX v AGN
By Hedge Fund Insight staff The latest Weekly Brief from Lyxor Asset Management shows merger arbitrage as the best performing strategy this month (data up to 17th June). Merger arb is also one of the best performing strategies this year (up 3.3% YTD). The Allergan vs. Valeant Pharmaceuticals International deal was the hottest spot […] Read more »
CalPERS Resizes Hedge Fund Program On The Back Of Power Shift
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 »
Why Data Visualisation Matters In Financial Software
By thecitysecret Ltd Introduction Over the past 20 years trading systems have not changed radically in terms of appearance, although the amount of available data has greatly increased. There are countless examples of overly-complex, multi-tabbed interfaces each with an array of grids, sub grids, drop-downs, tick boxes and confusing graphs. These are normally accompanied […] Read more »
Global Macro & CTA Outlook For 2014 Is A Mixed Bag According To NB
By Neuberger Berman Alternative Investment Management Introduction Macro-focused investing is broadly defined as profiting from changes in market prices that arise from any number of factors, including turning points in macroeconomic cycles, changes in the outlook for economic growth or inflation and market price reactions stemming from the actions of policymakers. In Figure […] Read more »
Event Driven Strategy Outlook: Looking Beyond Merger Arb
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 »
A Case For Convertible Bond Arbitrage In 2014
By Paul Sansome, Ferox Capital LLP Part One of this article discusses the main reasons to own convertible securities in the current environment. Part Two looks at why convertible bond arbitrage is an attractive investment strategy now. Part One We see four main reasons to own convertibles: 1. Strong new issuance 2. Dispersion in […] Read more »