Institutional investment in hedge funds has been intensifying since the end of 2009, with institutions now providing 72 per cent of the industry’s capital, according to Preqin estimates. With investors monitoring up to 100 funds at any one time, it
Final performance for the Credit Suisse/Tremont Hedge Fund Index has been confirmed down 2.76 per cent in May, its largest drop since November 2008. Nine out of ten sectors posted negative performance for the month. Although the industry was negatively
The funds in Australian Fund Monitor’s database have fallen by an average of 2.47 per cent in May, based on the results of 31 per cent of funds in the database. This is five per cent less than the fall
The Newedge CTA Index fell by 1.51 per cent in May, bringing its year-to-date performance to +2.06 per cent. The Newedge CTA Index top performances for May included Boronia Diversified Fund, up by an estimated 4.32 per cent, IKOS Financial
Hedge fund strategies’ performance retreated in May as both equity and bond markets struggled amid the European debt crisis and its effect on the global recovery. The Lipper Hedge Fund Composite Index posted a loss of 2.97 per cent, with
The Lyxor Global Hedge Fund index, an investable index based on Lyxor’s hedge fund platform which tracks the overall hedge fund universe, was down 2.2 per cent in May. Year-to-date the index remains in positive territory, up 0.7 per cent.
Fortress Investment Group has closed its first Yen denominated opportunity fund, Fortress Japan Opportunity Domestic Fund, at JPY75bn. The close brings the fund all the way to its cap of USD800m. The fund has already invested approximately JPY20bn (USD200m) in
Investment managers must take lessons from the credit crunch to their portfolios, Collins Stewart’s global strategist told a wealth management conference in Guernsey this week. Modern portfolio theory failed prior to the crisis because it did not account for the
Octopus Investments has launched the IM Octopus Absolute European Fund, the third in Octopus’ family of absolute return funds. The fund is being managed by Thierry Serero (pictured) whose appointment was announced in April 2010. Trading in the fund will
Equinoxe Alternative Investment Services has launched the Mid Ocean Emerging Manager Offshore Platform to provide emerging managers with a transparent, cost-effective and time-sensitive solution for an offshore hedge fund. The platform provides a Bermuda segregated accounts company coupled with quality
