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
Developed Europe-focused funds report positive gains
SAC hopes to put an insider trading probe by the US Securities and Exchange Commission behind it after agreeing to pay a record fine, but hurdles still remain
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
Preparations must be made before AIFM Directive implemented on July 22, 2013
Bill Perkins, founder of Skylar Capital Management, sees opportunities in US natural gas markets, even as depressed prices and low volatility prompt other traders to pull back. Alexander Osipovich reports
Split on junk
The Cayman Islands Monetary Authority has opened negotiations with Esma on a co-operation agreement on the EU’s AIFM directive. Separately, its consultation on hedge fund directorships has closed
Fighting the Fed
Ucits hedge funds underperform hedge funds
Outsourcing drives mandate growth
Operational due diligence analysts find more red flags in hedge funds’ compliance and regulatory functions than any other area
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
Analysis from JP Morgan shows strong relationship between intra-stock correlation and equity long/short hedge fund returns
The latest appointments within hedge funds and funds of hedge funds as well as related service industries.
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.