Incisive Views from Professionals
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 »
By Mary Bates, Director of Credit Strategies at Silver Creek Capital As interest in liquid alternatives surges and the search for yield continues, public Business Development Companies (“BDCs”) have received significant institutional interest. These REIT-like vehicles, which have historically focused on the retail market, appear very attractive at first blush, offering yields above traditional […] Read more »
By Jerry Haworth, CIO and co-Founder of 36 South Capital Advisors LLP [In this article the terms “volatility” and “options” are used interchangeably for the purpose of simplicity. Options are really a member of a family of volatility assets] Everybody loves options, the generic kind. We love to be able to look back and […] Read more »
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 »
By GFIA of Singapore Historical overview GFIA began coverage of the Asian hedge funds industry in September 1998. At that time the industry was tiny and all participants mostly knew each other. The Asian crisis was still unfolding, and the industry was a collection of maverick specialists. It was another five years before the industry […] Read more »
By Simon Kerr One of the manifest difficulties of a successful trader or investor with their own firm is to diversify investment strategies. The monied trader will be very good at one particular way of addressing markets and won’t necessarily be a master of the universe in another investment discipline. The edge may be different […] Read more »
By Simon Kerr, Publisher of Hedge Fund Insight Equity long/short managers have done okay in 2012. With the S&P500 up 15.0% in 2012 US based equity long/short managers were up 7.0% to the end of November according to the Greenwich Hedge Fund Index. Given the risk on/risk off market environment through 2012 that is a […] Read more »
The first Hedge Fund Insight Podcast is an exploration with Dr. Ian Heslop of how his team operates and it explores some of the structural decisions they have made to manage capital quantitatively at Old Mutual Asset Managers (OMAM). Ian Heslop is Head of Quantitative Strategies, running a team of five, and he is co-Fund […] Read more »