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ABC Quant, part of Quant Risk Group Hedge Fund Analytics companies, has hired Peter J. de Marigny, manager of Equity Hedge DITMo Strategies, to represent Quant Suite.
Marigny says: "As a certified financial risk manager and PM of DITMo Strategies, I recognise that higher moment analytics are required for fund of hedge funds and institutional investors to adequately evaluate hedge funds for any predictive added value.
“I found Quant Suite to be the most economic and robust choice that offers higher moments analytics unlike many popular analytics apps that are only useful for marketing materials, so I asked to rep
Global hedge funds finally reversed two consecutive months of declines by making positive returns in July, the HFRI Fund Weighted Composite Index
New York-based hedge fund guru, Phil Falcone (pictured), is preparing to make his first foray into the Asia region with the launch of a Pan-Asia fund next month, reports FINalternatives.
When UK-based Matrix Group decided to launch its Matrix Asia Fund
Hong Kong-based Diamond Dragon Advisors Ltd, Asia’s first independent general partner advisory and fund placement firm established by industry veteran Ed Greene
Asia’s fourth largest emerging stock market, Taiwan, is in talks with the region’s largest – Japan – to cross-list its exchange-traded f
The HFN Hedge Fund Aggregate Index rose by 1.72 per cent in July and 1.84 per cent in the first seven months of 2010.
The S&P 500 Total Return Index was up 7.01 per cent in July and down 0.11 per cent YTD.
Hedge fund assets increased by an estimated 1.37 per cent in July to USD2.249trn. Investor’s flows accounted for an estimated net increase of USD9.3bn, the second highest monthly net investor inflow in 2010. Performance added an additional USD21.09bn.
Positive net investor flows in July followed the industry’s first net outflow in June. The return to net inflows
The Lyxor Global Hedge Fund index was up 0.7 per cent in July, lifting year-to-date gains to 0.8 per cent.
Equity markets delivered solid gains in July, as major Western indexes posted gains in the six to seven per cent range.
Investors appeared pleased with the European stress test results and strong US corporate earnings. This provided a tailwind for L/S equity managers, especially if they were exposed to high-performing sectors such as technology and industrials.
Japanese exporters and markets were, however, weighed down by the strong yen.
Many equity managers have retained a relatively low net exposure to markets,
Morten Spenner, chief executive at International Asset Management, believes credit and equity market conditions bode well for security selection and should in particular benefit long/short equity and credit managers.
With regards to long/short equity, Spenner says strong earnings growth should help to drive equities higher but macroeconomic concerns are likely to put pressure on markets again in the future.
IAM believes equity markets have over discounted the risks of a double-dip in economic growth and therefore currently offer reasonable value.
Equity correlations are much higher than usual and IAM expects them to come down again over time as equity markets
