The latest news articles from Hedge Funds Review

Coherence Capital Partners eyes long/short credit opportunities in US and Europe

Wed, 08 Feb 2012 13:35:33 GMT

Long/short credit strategies could profit in a scenario where the US leads a global economic recovery while Europe slips into recession, says Coherence Capital founder Sal Naro, formerly at UBS.

China will need to issue products through multiple financial centres to internationalise yuan

Wed, 08 Feb 2012 10:58:12 GMT

Hedge Funds Review

As global regulators work together, developed countries are grappling with change. For emerging markets, political and economic considerations are priorities as China works to fully convert the yuan.

Positive risk environment in 2012 should benefit some hedge fund strategies

Tue, 07 Feb 2012 18:12:41 GMT

Hedge Funds Review

A positive January performance got hedge funds off to a good start for 2012. A better macroeconomic backdrop and a more positive risk environment could continue to benefit some strategies, says FRM.

Repo market changes stymied as taskforce set to disband without delivering key reform

Tue, 07 Feb 2012 10:45:06 GMT

Hedge Funds Review

Concerns expressed by New York Fed about intra-day credit and tri-party repo market (valued at $1.67trn in late January) should be tackled by JP Morgan, BNY Mellon and DTCC, says industry taskforce.

Emerging markets will dominate global growth as political and economic power shifts east

Tue, 07 Feb 2012 10:45:06 GMT

Hedge Funds Review

As power shifts to the east, emerging markets are driving global growth said speakers at City Week. These markets are growing fast, which means their currencies will become more important in future.

SS&C Technologies considers rival bid for hedge fund administrator GlobeOp

Mon, 06 Feb 2012 18:31:02 GMT

Hedge Funds Review

TPG’s acquisition of GlobeOp could turn into a bidding war if rival fund administrator SS&C Technologies enters the fray

Direct Access to launch alternative asset management business

Mon, 06 Feb 2012 15:04:23 GMT

Hedge Funds Review

NY-based brokerage Direct Access Partners is setting up an alternative asset management unit that will also provide seed and acceleration capital for hedge funds.

Direct Access to launch alternative asset management business to seed hedge funds

Mon, 06 Feb 2012 10:02:07 GMT

Hedge Funds Review

NY-based brokerage Direct Access Partners is setting up an alternative asset management unit to provide seed and acceleration capital for hedge funds by acquiring an existing multi-manager platform.

GSAM private investment fund Petershill maintains stake in hedge fund manager Altana

Fri, 03 Feb 2012 15:26:29 GMT

Hedge Funds Review

Goldman Sachs Asset Management through its private investment fund Petershill has exercised investment rights to keep a minority stake in Altana Wealth. Altana plans to open a third fund this year.

Arden hires HedgeMark to build growing custom portfolios business

Fri, 03 Feb 2012 13:04:53 GMT

Hedge Funds Review

Fund of hedge funds manager Arden wants to develop its customised business by offering detailed risk reporting on underlying funds. Data will be provided by hedge fund platform HedgeMark.

Shareholder activism grips disgruntled investors locked into non-performing hedge funds

Fri, 03 Feb 2012 11:29:55 GMT

Hedge Funds Review

Secondary market commentary: January 2012 Secondary trading of hedge funds so far in 2012 remains constant although supply will diminish. Disgruntled shareholders are becoming more vocal in pressing for swift closure of non-performing funds.

US regulators step up hedge fund investigations

Fri, 03 Feb 2012 11:29:54 GMT

Hedge Funds Review

Recent insider trading and fraud cases involving hedge funds are indicative of a more aggressive approach to investigating financial crimes in the US as the focus moves to suspicious trading activity.

Blackstone fund of hedge funds business has net $6.4 billion inflow

Fri, 03 Feb 2012 10:10:12 GMT

Hedge Funds Review

Blackstone Group’s fund of hedge funds business had net inflows of $6.4 billion in 2011 despite flat performance for many funds. Assets under management grew 14% in 2011 to close to $38 billion.

Brics will slow over next decade as consumers drive growth

Thu, 02 Feb 2012 14:55:35 GMT

Hedge Funds Review

Changes in demographics and sluggish investment flows will check the fast economic growth in the Bric countries over 2010-20. Slower growth will impact the global economy, says Legal & General.

Czech central bank and other EU members concerned over extended Esma powers

Thu, 02 Feb 2012 11:13:21 GMT

Hedge Funds Review

National supervisors should be responsible for their domestic institutions, says Czech National Bank. CNB is worried about power balance between member states and EU regulator Esma.

Legg Mason targets mass-affluent investors with Permal FoHF

Thu, 02 Feb 2012 11:13:21 GMT

Hedge Funds Review

Legg Mason has launched a registered version of Permal’s fixed income fund of hedge funds for US accredited investors. The FoHF focuses on developed, emerging market and hedged fixed income strategies.

M&A activity in 2012 could be boosted by strong corporates and interest from Asia-Pacific

Wed, 01 Feb 2012 17:28:41 GMT

Hedge Funds Review

Opportunities for mergers and acquisitions (M&A) could pick up in 2012 although economic, political and regulatory challenges remain and activity is dependent on confidence returning to the markets.

Hedge fund administrator GlobeOp to be acquired by private equity group

Wed, 01 Feb 2012 17:28:41 GMT

Hedge Funds Review

Private equity group TPG Partners is poised to acquire hedge fund administrator GlobeOp Financial Services in a cash deal said to be valued at around $802 million.

People moves

Wed, 01 Feb 2012 14:51:31 GMT

Hedge Funds Review

The latest appointments within hedge funds and funds of hedge funds as well as related service industries.

Alternatives secure highest allocations from US college and university endowments in 2011

Wed, 01 Feb 2012 11:26:31 GMT

Hedge Funds Review

US college and university endowments favour allocations to alternatives, including hedge funds. Best returns in 2011 came from commodities/managed futures, energy/natural resources and venture capital.

Video: Alcentra’s Paul Hatfield, CIO, and Graham Rainbow, senior loan portfolio manager, talk about leveraged loans as an asset class

Wed, 01 Feb 2012 11:26:31 GMT

Hedge Funds Review

Alcentra says sub-investment grade leveraged loans are becoming an accepted asset class in Europe as the market develops. Institutional investors are the norm in Europe compared with retail in the US.

Hedge funds access securities lending data on the move with Data Explorers app

Tue, 31 Jan 2012 13:10:16 GMT

Hedge Funds Review

Hedge fund managers are increasingly using multiple devices to access data anywhere, anytime, says Data Explorers. Its iPhone app provides on-the-go securities lending data, essential for shorting.

Hedge funds and investors show wide differences over future of eurozone

Tue, 31 Jan 2012 10:31:43 GMT

Hedge Funds Review

Around a third of hedge fund managers and institutional investors believe all 17 members will remain in the eurozone. Over a quarter think there will be 17 separate currencies by the end of 2013.

US most likely to lead equity rally in 2012, say hedge fund managers and institutional investors

Tue, 31 Jan 2012 10:31:43 GMT

Hedge Funds Review

Over half of hedge funds and institutional investors think the US is most likely to lead an equity rally this year. The EU came second with 16%, according to a Hedge Funds Review website poll.

Audio: PerTrac lifts the lid on alternative Ucits investment

Mon, 30 Jan 2012 15:12:43 GMT

Hedge Funds Review

Alternative Ucits is an investment vehicle people outside of Europe want to know more about. PerTrac’s comprehensive survey of the market reveals some surprises on location and size of the market.