Wed, Jul 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Despite a slow end to 2012, hedge funds may be on track for a more positive future

Thursday, February 14, 2013

amb
Alan Pace
Bailey McCann, Opalesque New York:

2012, was a marginally better year for hedge funds, HFRX Indices saw the Global Absolute Return index end 2012 up 0.88% and the Global Hedge Fund Index up 3.51% for the year. Yet, they still lagged the S&P 500, a trend which persisted through January. Now, new research shows that investor sentiment is improving and new launches are on the rise.

"Performance is a symptom of change not a trend," said Alan Pace, managing director, global head of sales and client experience at Citi Prime Finance at a recent press event. In the last six months, new hedge fund launches have been creeping back up with a renewed focus on the US equities market. The capital for those launches are also coming from more places than just seeders or friends and family - family offices and in some cases, institutions are getting in early.

As Opalesque reported earlier this week, new data from Towers Watson shows that institutional mandates to hedge funds are on the rise. In total, equity mandate selections among Towers Watson clients accounted for US$22bn in assets invested last year. Hedge fund mandates also increased into macro, fixed income and reinsurance funds.

Bank of America has also noted t......................

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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  3. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  4. Opalesque Roundtable: European family offices struggle to retain their investments in offshore hedge funds[more]

    Komfie Manalo, Opalesque Asia: The European Union’s Alternative Investment Fund Managers Directive (AIFMD) will constrain investment opportunities amidst concern a number of U.S. fund managers will stop marketing their products in the European Union under the new rule, said Valentin Bohländer fro

  5. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm