Funds
The real estate funds industry is alive and well from an asset raising perspective. In 2012, private RE funds closed with USD72 billion in committed institutional assets. By 2014, that number had increased by 45 per cent, according to leading alternative asset data provider, Preqin.
While this is encouraging, the reality is that for most RE managers, the playing field has become extremely competitive as more players enter the arena to compete for a share of the assets.
Institutional investors favour the big global names in real estate who are attracting the lion’s share of assets, in a similar fashion
Hedge funds moved into health care stocks and shifted out of info tech stocks in Q2, according to S&P Capital IQ’s latest quarterly hedge fund tracker.
Health care drove the bulk of hedge fund buying for the second straight quarter, with net buys of USD7.2 billion, up from USD4.8 billion in Q1. The sector now constitutes 26 per cent of the holdings for ten largest hedge funds.
In a sign that activist investing is alive and well, activist target Baxter International was a top buy in Q2. This stock now constitutes about 18 per cent of Dan Loeb’s Third
Liquidnet has launched its Next Gen Algo suite, designed to enhance the trading performance of its asset manager Member community around the world with precision tools built to address the complexities of institutional trading.
Liquidnet’s Next Gen Algos, in development for more than a year, have been engineered to address three key institutional needs: seeking large-scale liquidity, outperforming benchmarks, and trading portfolios.
“Our Next Gen Algos are the only ones that leverage Liquidnet’s deep and diverse pool of institutional liquidity spanning five continents and 13.7 billion shares in more than 7,500 symbols. As one of the few unconflicted, agency-only
The Corporate Solutions business of Nasdaq (Nasdaq:NDAQ) and Visible Alpha are teaming up to provide detailed analyst forecast data and models on the Nasdaq IR Insight platform.
Through this partnership, select corporate executives and investor relations officers will gain the capability to compare and contrast the financial and operating assumptions of the sell-side analysts that drive market expectations of their companies.
"We are excited about the opportunities and insights this new collaboration with Visible Alpha will bring to our clients," says Brian Reynolds, Vice President, Corporate Solutions, Nasdaq. "By providing more granular estimate details from the leading brokerage firms, our
The Credit Suisse Hedge Fund Index up 0.87 per in July with eight of the ten sub-strategies recording positive performance for the month.
Managed Futures led the way with a return of 4.33 per cent, followed by Dedicated Short Bias (3.88 per cent), Long/Short Equity (1.52 per cent), and Global Macro (1.26 per cent).
The other positive performers for the month were Multi-Strategy (1.00 per cent), Equity Market Neutral (0.56 per cent), Fixed Income Arbitrage (0.30 per cent) and Event Driven 0.18 per cent).
The month’s biggest loser meanwhile was Emerging Markets which was down 2/01 per cent,
Preqin’s Real Estate Online provides comprehensive profiles for the 49 institutional investors based in Boston that actively invest in the real estate asset class, collectively representing over USD1.1 trillion in assets under management. The largest proportion of institutional investors are foundations, representing a quarter of investors located in the city. Boston has a strong private wealth industry; a fifth of real estate investors based in Boston are wealth managers and a further 14 per cent are family offices.
Read the full factsheet here, which contains charts, tables and analysis of the private real estate investor universe in Boston.
The Board of Global Derivatives Indices Limited (GDI), the index and product development arm of GMEX Group, has established an Index Oversight Committee in order to oversee the compilation methodology and production of indices published by GDI.
The Committee has complete autonomy independent of the day to day activities of GMEX Group.


The Committee has been established in accordance with the IOSCO Principles for Financial Benchmarks and is responsible for ensuring that they are applied to GDI’s activity. GDI already publishes the IRS Constant Maturity Index (CMI), which tracks the 2 -30 year tenors of the interest rate yield curve
The Cayman Islands is confident that the pan-European marketing ‘passport’ will be extended to alternative investment funds (AIFs) set up in the jurisdiction, according to the Alternative Investment Management Association (AIMA).
Cayman, where a high percentage of offshore hedge funds are registered, still awaits assessment by the European Securities and Markets Authority (ESMA). It was not included in the initial assessments which saw ESMA recommend the passport for Jersey, Guernsey and Switzerland under the Alternative Investment Fund Managers Directive (AIFMD).
But AIMA said that Cayman was well-placed to have a successful review in the near future.
Cayman has
Euro money market funds' (MMFs) assets under management (AUM) hit their lowest level in twelve months in the second quarter of 2015 and registered a drop of 21 per cent to EUR54 billion.
GBP- and USD-denominated MMFs also experienced a fall in AUM in Q2, albeit to a lesser extent, with a 6.4 per cent and 5 per cent decrease, respectively.
"The advent of net negative yields now affecting all Euro prime funds prompted investors to limit their euro-denominated cash balances and/or to invest directly in higher yielding instruments, such as short-dated bond funds or commercial paper," says Vanessa Robert,
With most investors believing that small-sized and mid-market buyout funds currently present the best opportunities in private equity, this article from Preqin Private Equity Spotlight, August 2015, examines whether the size of a buyout fund has any significant impact on returns.
According to Preqin’s latest investor survey, carried out in June 2015, over half of LPs (51 per cent) surveyed see small-sized and mid-market buyout funds as currently presenting the best opportunities in private equity. In contrast, just 10 per cent of investors believe that large-sized and mega buyout funds present the best opportunities.
Despite this investor view, private
