Tue, Mar 20, 2018
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. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. Investing - Hedge funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From FT.com: Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  3. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  4. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/Streetinsider.com: Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  5. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t