Most hedge fund strategies had losses in September, evidenced by a 3.92% drop in the Barclay Hedge Fund Index compiled by BarclayHedge. The Index has lost 7.45% in the 3rd quarter and is now down 6.53% in 2011. “For the
The Lyxor Hedge Fund Index was up 0.75% in October as the hedge fund industry rebounded. Year-to-date performance as of October 2011 is down 5.85%. The top performing strategies over the month were Lyxor L/S Equity Long Bias Index (+5.59%),
AXA Investment Managers (AXA IM) has added to its suite of liability driven investment (LDI) solutions with the launch of a pooled fund range designed to meet the specific liability hedging needs of UK pension funds. The range is intended
Nearly 1/3 of all financial advisors who sell alternative investments (AI) predict that Multi-Strategy and Managed Futures strategies have the greatest potential over the next 12 months, according to a new report released by Cogent Research. By contrast, providers offering
Hermes BPK Partners, the USD2.3 billion alternative advisory boutique and fund of hedge funds manager, has launched Alpha Vault Managed Futures (Alpha Vault) with USD275 million of investment. The alternative investment managed account solution is designed to provide portfolio protection
The trustee of the GBP145m Midcounties Co-operative Pension Scheme has chosen Towers Watson to manage its investment portfolio on a fiduciary management basis, following a competitive tender. Towers Watson’s delegated investment service provides an integrated approach to managing assets
Hedge fund redemptions in October totalled USD9 billion, more than triple September’s USD2.59 billion outflow, according to figures released by BarclayHedge and TrimTabs Investment Research. Industry assets decreased to USD1.66 trillion in October from USD1.73 trillion in September, the third
London-based fund of funds manager Coronation International has launched the Prism Fund, an Irish-domiciled dynamically managed multi-asset vehicle, with initial capital of USD15m.
Kodak Retirement Income Plan (KRIP) is the seed investor for AlphaEngine Global Investment’s SMART Alpha investment program, an absolute return strategy that focuses on generating strong absolute returns, especially during periods when equity beta and typical absolute return strategies struggle
TIM Group has launched a new service that enables the fund of hedge funds (FoHFs) industry to react faster to changing market and industry conditions. Through a series of newly developed Application Program Interfaces (APIs), TIM Funds Connect enables
