US assets continue to draw international flows, predominantly from Japan, but the level of support may not be sustainable to keep the dollar strong, according to new research by contrarian hedge fund Horseman Capital.
Lazard Asset Management is launching a new emerging markets quantitative fund which will trade a diversified, low volatility strategy with an ESG focus placed at the forefront of its stock-picking process.
Hedge funds are positioning for a spike in volatility in healthcare, energy, financials and tech as the US presidential election gathers pace.
As the title of this article suggests, evaluating hedge fund performance over the last decade can be a little awkward, and give rise to a variety of opposing viewpoints. In that sense, it should make for a fascinating panel discussion at ABN AMRO Clearing’s Amsterdam Investor Forum (AIF) 2020, which takes place at the bank’s headquarters in Amsterdam on 5 February.
H2O Asset Management, Bruno Crastes’ bond-focused discretionary macro hedge fund, which this year marks its tenth anniversary, has posted sterling year-end gains after facing investor pressure this past summer.
– Uncertainty still looms for commodities-focused strategies as Middle East tensions resurface –
The deadly missile strike against Iranian general Qassem Suleimani at Baghdad Airport on 3 January elevated oil prices amid immediate concerns over renewed conflict in the region. Brent Crude surged to more than USD70 a barrel following the attack, and prices stayed above USD68 early last week, before falling back to just under USD65 on Monday.
The recent underperformance of momentum stocks suggests the prevailing trends of recent years are drawing to a close - potentially making alpha generation increasingly challenging for hedge funds, according to Man Group analysts.
– Timing and discipline “key” to returns in 2020, says BlueBay –
Macro-focused hedge funds have enjoyed a resurgence in recent months, generating a 6.50 per cent annual gain in 2019, aided by a 1.73 per cent return during the final quarter of the year, according to eVestment’s aggregated hedge fund performance data.