Wed, Mar 4, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Pundits predict brighter prospects for hedge funds in 2013

Monday, January 07, 2013

amb
Kenneth J. Heinz
From Precy Dumlao, Opalesque Asia After a disappointing year in 2012, hedge fund managers are hoping for brighter prospects this year with many of them forecasting better returns for most strategies, reported Pensions & Investments.

The report quoted Kenneth J. Heinz, president of Chicago-based Hedge Fund Research Inc., "Because of all the uncertainty in the world right now, investor risk tolerance is very low, including hedge fund portfolio managers, but even if all the uncertainties aren't resolved early this year, there will be more clarity about what is going to happen globally. That will encourage many hedge fund managers to be less risk averse than they have been."

However, while the hedge fund industry is expected to produce better results in 2013, revenues are expected to fall as institutional investors have pushed for lowering fees and the majority of hedge fund managers has been steadily offering low-cost versions of their funds to attract more investors. Hedge fund managers also agree that generating better results this year will not be down to cherry-picking.

It was unclear which hedge fund strategy will be a major driver this year. Heinz added, "The trees aren't going to grow to the sky this year." He added that the incredible global environment caused by the European sovereign debt an......................

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. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  2. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  3. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie