13th Annual European Single Manager Awards
Europe's fund of hedge funds industry has suffered AUM declines since 2008 but there are signs of a rising appetite for niche strategies and bespoke mandates. Stenham has launched two niche FoHFs
US pension funds are attracted by the low correlation to mainstream asset classes offered by 36 South's flagship fund, says its CIO. He says European funds should not ignore the US market
India has no plans to become an equivalent country under EU regulations on financial services. India’s decision is likely to foreshadow problems with other emerging countries trading with the EU
As China relaxes controls on its currency, the yuan is set to become more widely used. However, government control is likely to be maintained. Full convertibility may never happen, says Jim O’Neill
The US will not allow the EU financial transaction tax to happen, according to the head of US Chamber of Commerce Thomas Donohue. Co-ordination between G-20 countries on financial regulation is needed
As more institutional investors opt for hedge funds, robust risk management is being seen as a central function needed in order to raise capital, according to a survey by Prmia and SunGard APT
UAE rules have changed to exempt registration for private placement of foreign funds, overturning regulations adopted in 2012 that lengthened the process of offering hedge funds to local investors
Hedge funds are under pressure to differentiate and explain their worth concludes a survey by SEI. Managers need to work with investors to find portfolio solutions rather than offer products
CF Partners, active in the commodities market since 2006, has launched a long/short equity hedge fund after hiring Alvaro Ventosa from Spanish fund manager Cygnus Asset Management
Apex Fund Services is providing start-up hedge fund managers with a range of options to keep costs down, including free office space in several major cities around the globe. It will also offer advice
Esma guidelines for Ucits funds and the introduction of the AIFM directive are casting doubt over the future shape of the alternative Ucits industry as demand for the products remains strong
Hermes has partnered with private equity company Northern Lights Capital Group to create an acceleration capital fund. Its first investment is in a credit long/short fund run by US-based Taurasi
Amendments to China's Securities Investment Funds Law, effective from June 2013, will for the first time recognise hedge funds. This could lead to the establishment of a Chinese hedge fund industry
China is showing encouraging signs that it is willing to open its market to foreign investors and funds. Hedge funds are still excluded from the market but steps are being taken in the right direction.
Man Group is looking at opportunities for acquisitions and establishing a larger presence in the US hedge fund market.
Institutional investors are set to allocate 11% more to hedge funds this year, according to a Deutsche Bank survey. Less money is flowing to FoHFs while emerging managers are in favour.
Former Brevan Howard and Trafalgar Capital hedge fund manager is recipient of first joint seed investment by NewAlpha and Woori Absolute Partners. The strategy is Asia equity long/short.
Hedge fund manager sees value in activist investing
Fasanara Capital has bleak view of global markets