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.
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.
Hedge funds with a significant presence in Europe are invited to enter the European Single Manager Awards. The awards recognise the best hedge funds, judged on quantitative and qualitative criteria.
Clear and present data
Hedge funds finished 2012 in positive territory, according to eVestment. Despite reports of investor dissatisfaction, performance contributed with $116.3 billion increasing overall AUM in 2012.
Beginning again from the end
Recent years have seen an outflow of commodity derivatives talent from banks towards hedge funds and independent traders. This is the path trodden by Frédéric Lasserre, former head of Société Générale Corporate & Investment Banking’s commodity...
Independent commodity asset manager Diapason Commodities Management is launching a hedge fund trading spreads between commodity future contracts using a proprietary model of the refining industry.
The CFTC’s no-action relief letter issued late last year and SGX’s upcoming iron ore futures contract have ended uncertainty and brought back hesitant market participants
Concordia Advisors, which manages around $1 billion in relative value-oriented interest rate, credit and equity strategies, is to merge with $10 billion hedge fund Mariner Investment Group.
Northern Trust appointed to replicate middle- and back-office functions of existing administrator BNY Mellon at $140bn hedge fund
Poor returns have forced asset managers to focus on efficiency - including preventing operational risk losses
Traders of the lost art
Hedge funds house of the year
Service Provider Rankings 2012
Buy-side firms need to begin negotiating OTC clearing documentation now or risk being forced to adopt one-size-fits-all standard templates
Value can be found in bonds despite central bank interventions that are impacting spreads. Absolute value is hard to fund with the exception of orphan bonds, says GAM fixed income expert Haywood.
Investors and hedge fund managers are trying to find effective and cost-efficient ways to tackle tail risk. One way to hedge this risk is through long-dated options, because they offer convexity.
The best performing single manager and FoHF in the US, Canada and Latin America were recognised at the Americas Awards 2012. Individuals were also honoured for their contribution to the industry.
Tenax Capital fund will buy bank loans and provide debt capital to corporates