Comment

GUEST ARTICLE

How macro hedge funds can do more to embrace SRI

How macro hedge funds can do more to embrace SRI

By Mario Acquistapace (pictured), Associate - Investment Research, Capital Generation Partners – As allocators we have, in part, a responsibility for the actions and inactions of the managers we select. When it comes to responsible investing there is certainly very little consensus on the right approach, and ultimately investors tend not share identical views of what is or is not an appropriate SRI investment policy to adopt.

HOT OFF THE PRESS

Key considerations for hedge fund succession planning – Part II: Leadership transition involves a maze of complexity

Key considerations for hedge fund succession planning – Part II: Leadership transition involves a maze of complexity

By Joel Press, Press Management – The transition of leadership in the private world of hedge funds is incomparable to corporate America, requiring both a deft touch and significant forward planning. The founders of successful hedge funds will have invested years, often decades, building the business in their image. When it comes time to handing over the keys to someone else, it can be a hugely emotional affair so picking the right leadership has to be approached very carefully.

OUTLOOK

Man GLG’s Flamand urges market neutral tilt as inflation risk looms amid equities “euphoria”

Man GLG’s Flamand urges market neutral tilt as inflation risk looms amid equities “euphoria”

Inflation is the next big risk facing the nascent economic recovery, and equity investors should be “exceptionally selective” in their exposures, tilting portfolios towards market neutral strategies that will help avoid excessive beta risk, says Man Group’s Pierre-Henri Flamand.

GUEST ARTICLE

Is the convergence of liquid and illiquid alternatives really in the best interests of investors?

Is the convergence of liquid and illiquid alternatives really in the best interests of investors?

By Stephen Oxley (pictured), managing director, Institutional Relationship Group, PGIM – I read a prediction in one of those crystal-ball gazing missives that financial firms like to put out at the start of every year. It forecast that there will be continued blurring between hedge funds and private equity. I must admit I baulk at such an idea and find myself asking whether the convergence of liquid and illiquid alternatives is a desirable end and, if so, whose interests might best be served by an erosion of the distinction.

COMMENT

Retail genie “out of the bottle”: Hedge fund giant Man Group says GameStop effect here to stay

Retail genie “out of the bottle”: Hedge fund giant Man Group says GameStop effect here to stay

The increasing democratisation of stock trading – and the growing impact of social media in market movements – is likely here to stay following last month’s GameStop frenzy, which could bring sweeping changes to the way hedge funds build short positions amid volatility surges.

OUTLOOK

Alpha-generating opportunities surge in Japan, as economic recovery and market reforms gather pace

Alpha-generating opportunities surge in Japan, as economic recovery and market reforms gather pace

Japan’s macroeconomic backdrop is strengthening alpha-generating opportunities for hedge funds, with a growing number of newly-launched Japanese equity strategies looking to capitalise on a kaleidoscopic range of stockpicking ideas arising from market-friendly structural reforms, a pick-up in economic momentum, improving fundamentals, and a falling number of coronavirus cases.

TRADING

As dust settles on GameStop carnage, hedge funds ponder lasting impact of ‘Reddit raid’ on short selling

As dust settles on GameStop carnage, hedge funds ponder lasting impact of ‘Reddit raid’ on short selling

The co-ordinated billion-dollar raid on hedge funds’ short positions in GameStop by amateur traders represents another risk management factor in a battalion of emerging challenges that now confront managers’ portfolios, industry participants say.

OUTLOOK

“Hedge funds are back”: Veteran investor Dixon Boardman sees “compelling opportunities” across three key strategy areas

“Hedge funds are back”: Veteran investor Dixon Boardman sees “compelling opportunities” across three key strategy areas

Seasoned hedge fund investor Dixon Boardman (pictured), the founder and CEO of New York-based multi-manager group Optima Asset Management, is bullish on hedge funds for the year ahead – seeing compelling opportunities across several strategies after a year in which strong outperformance by many hedge funds has put alternatives firmly back on the radar of allocators around the world.