Long-running multi-manager hedge fund Brummer & Partners’ flagship vehicle has generated gains across its equity, credit, macro and relative value strategies, as equities rose last month amid hopes of a global economic recovery.
Hedge funds that trade emerging markets mounted a partial comeback last month following bruising double-digit losses earlier – but total invested capital in EM funds tumbled as the coronavirus crisis took its toll.
Although lauded for their ability to outperform broader market indices, hedge funds’ “Best Ideas” do not excel relative to the rest of their portfolios, according to a study produced by Epsilon Asset Management, a quantitative investment firm, in collaboration with New York University.
Short-term trend-following hedge fund strategies are maintaining their positive momentum in May, but other managed futures strategies have dipped into negative territory in recent weeks.
Hedge fund redemptions skyrocket in March as investors pull USD85bn amid Covid-19 pandemic fears, new data shows
Investors pulled more than USD85 billion out of hedge funds during March – some 2.7 per cent of total industry assets globally – amid growing fears over the economic impact of the coronavirus pandemic, new data from BarclayHedge shows.
While volatility-focused hedge funds can often experience dramatic swings in performance, the long lean periods punctuated by sporadic surges in returns, Dominicé & Co Asset Management, a Geneva-based volatility-focused manager, has seen its long-running Cassiopeia fund flourish with consistency.
High-conviction long-positioned hedge fund portfolios outperformed high-conviction short portfolios during the recent market meltdown, according to new MSCI research exploring how hedge fund managers navigated Q1’s unprecedented volatility surge.
Cheyne Capital gains traction with credit dislocation focus, as long/short hedge fund maintains momentum
Cheyne Capital, the London-based credit and multi-strategy alternative investment manager, has continued to attract investor allocations during this year’s turbulence with its focus on market dislocations, as its thematic long/short equity hedge fund notched up successive gains in March and April.
US stocks had their best month in decades in April and hedge funds sailed to a 5.46 per cent return, according to the Barclay Hedge Fund Index compiled by BarclayHedge. By comparison, the S&P 500 Total Return Index was up 12.8 per cent in April.
Tyr Capital Arbitrage SP (Tyr Capital), a crypto hedge fund for institutional investors, family offices and high net-worth individuals, has announced strong double digit returns for investors in its first year results.