Industry research this month suggests that Asian investors, in particular, are starting to favour Asian hedge fund managers as the eurozone’s problems show no clear sign of abating and the US economy trundles along lethargically. If meaningful assets start flowing
Evercore Partners Inc has completed the purchase of a 45% non-controlling interest in ABS Investment Management, LLC, an institutionally focused equity long/short hedge fund-of-funds manager. Under the terms of the purchase agreement announced on 14 November, 2011, ABS’s founders and
Hedge funds delivered mixed results in October but in aggregate closed in negative territory, according to GAM. The HRFX Global Hedge Fund index lost 0.5 per cent, bringing its year-to-date performance to 2.1 per cent. At the strategy level, event
The Dow Jones Credit Suisse Core Hedge Fund Index closed down 0.47 per cent in October as three of the seven index component strategies reported positive results for the month. The three top performing strategies were event driven (0.75 per
Valentijn van Nieuwenhuijzen (pictured), Head of Strategy at ING Investment Management on the outcome of the US presidential election… The combination of an Obama win and divided Congress was our and the market’s base case expectation and is therefore not
Federated Investors is to acquire Prime Rate Capital Management, LLP, a United Kingdom-based provider of institutional liquidity and fixed income products, from Matrix Group Limited. Prime Rate Capital Management’s family of UCITS products includes Prime Rate Sterling Liquidity Fund, Prime Rate
Hedge funds posted the first monthly decline in five months in October, as uncertainty over the outcome and impact of US political elections and the ongoing European sovereign debt and banking crisis increased financial market volatility and further reduced investor
Bridgehampton Capital Management, a manager of long-biased hedged and unhedged investment partnerships and privately managed accounts, has launched its first mutual fund, the Bridgehampton Value Strategies Fund. The new fund seeks higher returns and lower volatility than the S&P 500
Nine Lyxor strategy indices out of 14 ended the month in positive territory, led by the Lyxor Long/Short Credit Arbitrage Index (+1.7 per cent), the Convertible Arbitrage Index (+0.5 per cent), and the Distressed Index (+0.6 per cent). The Lyxor
Schroders’ Virginie Maisonneuve (pictured), Head of Global and International Equities comments on the once-in-a-decade leadership transition in China, which is set to be unveiled at the party conference. The implications for China and the global economy are significant and that the
