Investing in Hedge Funds

The Alternative Investment Management Association (AIMA), the global hedge fund association, has created the AIMA Smaller Managers’ Group. The members of the group comprise AIMA manager member firms in Europe with USD250 million or less in assets under management.   »

The hedge fund industry posted an inflow of USD8.1 billion (0.5% of assets) in May 2011, according to the latest report from BarclayHedge and TrimTabs Investment Research. The inflow marks the fifth straight as well as the seventh in eight months. Industry assets remain unchanged at USD1.79 trillion, just below the highest level since October 2008. »

Paris-based investment manager Lyxor Asset Management has signed up to Calastone enabling its clients to transact electronically at zero cost into its alternative investment fund range using Calastone’s independent cross-border transaction network. »

Hedge fund managers have turned bearish on US equities, according to TrimTabs Investment Research and BarclayHedge. About 38% of the 87 hedge fund managers the firms surveyed are bearish on the S&P 500, up from 29% in May and the highest share since February. Only 27% of managers are bullish, down from 30% in May. »

AMP Capital Investors has selected MSCI's BarraOne for firm-wide multi-asset class investment risk management. »

HSBC Private Bank is maintaining its highest conviction overweight in hedge funds in the belief that the active and flexible investment approach employed by hedge funds is well suited to the current volatile market conditions. »

Institutional fund managers have undertaken a dramatic shift to direct hedge fund investing following the global financial crisis, according to a new survey from Citi Prime Finance.   »

The GlobeOp Forward Redemption Indicator for June 2011 recorded a modest increase to 4.01%, up from 3.92% in May but lower than the 4.39% of a year ago. »

In recent years, there have been an increasing number of pensions and other institutional investors who have expressed interest or started investing in women and minority owned investment companies. Indeed, such investing is now mandated for public pension plans by several states, including Ohio, California and Illinois. However, the debate over these practices remains fierce, while the number of women and minority owned funds continues to be relatively small, even as demand increases. »

Hedge fund flows as measured by the GlobeOp Capital Movement Index were positive 1.36% in June.  »