Thu, Jun 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Investors still putting money into emerging markets despite tepid performance

Friday, October 19, 2012

Bailey McCann, Opalesque New York: Middle East and Africa focused funds have been one of the best performing sub-sectors of the hedge fund industry in 2012, according to new data from eVestment. Emerging markets strategies outperformed in Q3 2012 with those investing in the Middle East & Africa posting the second largest gains among the group, +8.22% (India +23.28%). By comparison global EM strategies were up +3.42% and the hedge fund aggregate was up +2.78%.

For the year, Middle East and Africa focused funds are up 15%, putting the group well ahead of many other hedge fund strategies this year. The regions are also consistently gathering assets, which make them a standout relative to other emerging markets which have seen more tepid inflows. South Africa focused funds have been a standout among EM in 2011 & 2012 producing relatively good aggregate performance in periods when their country’s equity markets were negative and when rising; +9.0% in 2011 & +13.8% in 2012.

The eVestment data tracks with a Reuters account that the new market of choice for the smart money on Wall Street is Africa. As the piece notes, much of the Africa story is being supported by firms like Renaissance Capital which sees diversified investment opportunities throughout the content. For hed......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  2. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  3. Chesapeake Partners to liquidate hedge fund amidst 'hostile environment'[more]

    Komfie Manalo, Opalesque Asia: Chesapeake Partners Management, the hedge fund run by woman fund manager Traci Lerner said it would return investors’ money after 25 years because the market environment has become "hostile" to manage other people’s money, reported

  4. Europe - George Soros says Brexit has ‘unleashed’ a financial markets crisis, Brexit—what we know, Will the UK’s departure be a ‘soft-Brexit’ or a ‘hard-Brexit’?, Brexit: Six-point action plan for asset managers[more]

    George Soros says Brexit has ‘unleashed’ a financial markets crisis From Bloomberg.com: Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Bruss

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.