Funds
The LuxHedge Global UCITS Index fell by 1.64 per cent during August, one of the worst monthly performances experienced in years. This strong decline reflects the catastrophic trend exhibited by the global markets.
The equity markets massively suffered with -9.10 per cent in Europe, -6.02 per cent in the United States (US), -9.01 per cent in Emerging Countries and -6.55 per cent for the MSCI World Index.
“Under these circumstances, we gave a careful look at the long/short equity strategies, assessing if the managers could float in these very troubled waters,” says the LuxHedge Research Team. “The answer is
Institutional Shareholder Services (ISS) and RepRisk have formed a strategic partnership allowing ISS to offer environmental, social and corporate governance (ESG) solutions from RepRisk.
ISS will offer clients – including asset owners, investment managers, hedge funds, broker-dealers, and custodian banks – access to RepRisk’s Asset Management Platform, Data Feed, and Monitoring Report offerings. Using the platform, clients can better manage reputational, compliance, and investment risks related to ESG issues. As a screening tool, the platform can also be used to dynamically monitor portfolio companies’ activities for purposes of investment analysis, engagement, or exclusion. In addition, customisable data feeds can be
Using information from the recently released Preqin Investor Outlook: Alternative Assets H2 2015, Preqin explores institutional investors’ objectives, satisfaction with returns and activity within the real estate asset class in this extract from Preqin Real Estate Spotlight.
Investor objectives for real estate
A diverse range of institutional investors choose to invest in the real estate asset class, each with their own set of objectives. Fig 1 shows that there are a multitude of reasons that surveyed investors place above returns as their main motivation. The diversification benefits of real estate were cited by the largest proportion of respondents,
At the turn of the month, hedge funds rebounded as market conditions improved. The Lyxor Hedge Fund Index was up 0.4 per cent last week, following a 3.3 per cent drawdown in August. Year to date, hedge funds have demonstrated their ability to protect portfolios, returning -0.3 per cent whilst the MSCI World and JPM Global Aggregate Bond Index were down 7 per cent and 2.3 per cent respectively. On a risk-adjusted basis, the outperformance of hedge funds is impressive and marks a critical change of paradigm.
Exchange turnover in investment products and leverage products decreased slightly in the second quarter of 2015 on Europe’s financial markets. Compared with the first three months of the year, volume was down marginally by 2 per cent to EUR 38.6 billion. However, there was a 46 per cent increase year on year.
This is one of the outcomes of an analysis by Derivative Partners Research AG of the latest market data collected by the European Structured Investment Products Association (EUSIPA) from its members.
The members of EUSIPA include: Zertifikate Forum Austria (ZFA), Association Française des Produits Dérivés de Bourse (afpdb), Deutscher Derivate
Bedell Trust has expanded its international presence through the acquisition of a majority stake in Singapore Trust Company Pte Ltd (STC), a fiduciary and corporate services business in Singapore.
STC which was incorporated in 1996, was the first trust company in Singapore to be licensed under the Trust Companies Act in 2006. he company has grown significantly under the guidance of its Chairman, Robert Meggy and Managing Director, Rudy Tan. Following the acquisition, Rudy Tan will remain as Managing Director and be supported by the existing team of highly experienced professionals. Robert Meggy will retire after a long and accomplished
Treasury reforms, financial innovation and growing demand is driving interest in Australia’s hedge fund industry, according to the Alternative Investment Management Association (AIMA), the global hedge fund industry association.
Currently managing AUD96.9 billion (US$67 billion) in assets, according to the Australian Securities and Investments Commission (ASIC), this renewed interest is set to drive Australia’s hedge fund industry through the AUD100 billion mark, and continue strong growth that saw assets managed by hedge funds increase more than 45 per cent from 2012 to 2014. ASIC data also showed that in 2014, Australia’s largest hedge funds reported average returns of 15.6 per
Markit, a provider of financial information services, has completed its acquisition of DealHub, a leading provider of trade processing and trading services to the foreign exchange market.
The acquisition complements Markit’s growing business in FX and enables Markit to offer customers a comprehensive solution for FX across venue connectivity, trading services, trade confirmation and management, clearing and regulatory reporting. DealHub will form part of Markit’s Processing division.
DealHub’s customers include global banks, regional banks, interdealer brokers, FX electronic trading venues and asset managers. The company has approximately 55 people based primarily in London, with additional offices in New York
August was a very volatile month for capital markets. Risk assets sold off without a corresponding offsetting rally in traditional safe-haven assets, such as sovereign bonds or the US dollar.
The MSCI World index was down 6.6 per cent while neither the Barclays US Aggregate Bond index nor the US Dollar index managed positive returns, ending the month down 0.1 per cent and 1.6 per cent, respectively. Commodities were broadly weaker aside from gold and oil, with oil moving from deeply negative mid-month to end up about 4 per cent following a 28 per cent rally in the last three
In this excerpt from Preqin Investor Outlook: Alternative Assets, H2 2015, we take a closer look at how investors source and select new investment opportunities, based on the results of our interviews with over 100 investors in hedge funds.
As our extract from the Preqin Special Report: Hedge Fund Manager Outlook reveals, fund managers are finding the fundraising environment more competitive. Therefore, it is more important than ever to understand how investors source and select new investment opportunities, in order to be in with a greater chance of gaining some of the capital earmarked for new investment. With this
