Tue, Feb 28, 2017
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. Institutional investors plan to raise allocations to alternative assets in 2017[more]

    Komfie Manalo, Opalesque Asia: A survey by Context Summits Miami showed that nearly 72% of institutional investors and family offices plan to raise their allocations to alternative asset managers this year, suggesting continued strong demand for the industry. "As many large, brand name f

  2. Comment - Mortgages, mergers and hedge fund fees, Fairholme's Berkowitz responds to court ruling against hedge fund suits of Fannie Mae[more]

    Mortgages, mergers and hedge fund fees From Bloomberg.com: Yesterday the U.S. Court of Appeals for the D.C. Circuit handed down an odd decision in a lawsuit over the government's nationalization of Fannie Mae and Freddie Mac. The key issue is what's called the "Third Amendment," the 2012

  3. Investing - Hedge funds continue to chase the herd in record Momentum wager, Marshall Wace bets grocer Sainsbury may need rights offering, Hedge fund net exposure has started to retreat, David Tepper's Appaloosa fund makes a huge buy, The 10,000-mile journey to Short Australia, Skeptical hedge fund investors grill Evan Spiegel about Snap's I.P.O.[more]

    Hedge funds continue to chase the herd in record Momentum wager From Bloomberg.com: Hedge funds can't get enough of momentum - even if it means embracing an investing strategy they hate. Loosely defined as betting on shares that went up the fastest over the preceding nine-to-12 months, h

  4. Opalesque Exclusive: Swiss investors take fund seeding and acceleration into their own hands[more]

    Benedicte Gravrand, Opalesque Geneva: Banque Bonhote, a 200-year old Swiss private bank, last year launched a community of investors - heads of Swiss family and advisory offices and wealth managers - with the aim of co-investing in the kind of managers they wanted to invest in, either by way of s

  5. K2 Advisors : Why We Like Activist Hedge Fund Strategies and Some Thoughts on Alpha[more]

    Matthias Knab, Opalesque: Rob Christian, Senior Managing Director, Head of Research K2 Advisors, Franklin Templeton Solutions, writes on Harvest Exchange: When d