From Eurekahedge Hedge funds up 0.38% after bouncing back from previous month’s losses Hedge funds started the second half of 2015 on a positive note with the Eurekahedge Hedge Fund Index up 0.38%1in July while the MSCI World Index2gained 1.34% during the month. Market sentiment improved as the impasse in Greek debt negotiations was […] Read more »
Macro Drives the Month & Quarter
By Global Asset Management Although the MSCI World index declined 1.8% in March, the real story was about equity dispersion, currencies and central bank policy. In equities, dispersion of returns by geography continued in March, with equities rallying in China, Europe and Japan while selling off in the US. In currencies, the US dollar […] Read more »
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 »
The Children’s Investment Fund Gets Some Board Support At Japan Tobacco
From Activism Monthly Premium (July 2014 edition) When Shinzo Abe became Prime Minister of Japan in 2012, investor sentiment began to warm to a country long known for its overvaluations and prickly corporate governance. This year, the government drew Abe’s ‘third arrow’—corporate reform—from its quiver and let loose. Opinion is divided on whether the […] Read more »
Hedge Fund Managers Increase Gross Investment Levels According To GAM
From Global Asset Management Asset prices rallied in June across equities, bonds, credit and most commodities. Hedge funds performed positively with the HFRX Global Hedge Fund index up 0.9% for the month and each of the four main hedge fund strategies also posting gains, as measured by the respective HFRX strategy indices in US dollar […] Read more »
Graphic Of The Day – Legal & General Strategy Views – Japan Over US Equities
From Legal & General Investment Management Current views are summarised in the following table: Read more »
Market Reactions to the Bank of Japan’s Monetary Policy Decision
By Nathan Gibbs, Manager of the Schroder Japan Alpha Plus Fund The newly constituted Policy Board of the Bank of Japan completed its first meeting today under the leadership of Mr Kuroda, the new Governor. Given the strong language used in recent weeks by both the Governor and the Prime Minister, Mr Abe, investors already […] Read more »