Wed, Sep 17, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

FRM reports on a month of volatility in Asian markets and success for global macro managers

Friday, June 07, 2013

Beverly Chandler, Opalesque London: The latest Early View from FRM, Man Group’s $16.7bn fund of hedge funds and managed accounts business includes the following key highlights:

  • Asset price movements during May were surprisingly volatile. The biggest stories were the swings in the price of Japanese equities and a significant retracement in global government bond yields
  • In the first half of the month the trend of Yen depreciation and equity market gains seen for the past six months continued, however the second half of May saw these gains entirely wiped out
  • Volatility markets in Asia were very active. Elsewhere, equities markets in early May continued their recent rise, even in the absence of any strong indication of continuing growth or fundamental data releases. This price action shows that investors are confident that policy makers are committed to further fiscal stimulus
  • In the US, the on-going debate around the likelihood of the tapering of quantitative easing, and the risks associated with this scenario, continues to be of greater importance than individual macro-economic events
  • In May, cyclical sectors outperformed and defensive stocks dropped back. Whether these moves are just profit-taking or the start of a more sustained rotation into riskier securities remains to be seen
  • Emerging Market asset classes continued to underperform i......................

    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 - Big hedge funds show interest in Alibaba, Maglan joins other hedge funds in rush to Argentinian assets[more]

    Big hedge funds show interest in Alibaba From Hereisthecity.com: …Three other major hedge fund investors who have shown interest in the IPO are Dan Loeb of Third Point, David Tepper of Appaloosa Management and Dan Benton of Andor Capital Management. All three were among the roughly 800 p

  2. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  3. Investors move capital out of Scotland ahead of referendum[more]

    Benedicte Gravrand, Opalesque Geneva: Ahead of Scotland’s independence referendum on September 18, asset managers, investors and pension savers are moving billions of pounds out of the country,

  4. Indices - Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD), Eurekahedge Hedge Fund Index rebounds in August gaining 1.36% (4.22%), Lyxor Hedge Fund Index was up 0.9% in August (YTD +1.7%)[more]

    Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD) The Greenwich Global Hedge Fund Index ended the month of August up +1.57%. Equity markets were up in August with the MSCI World Index up +2.00%. This was primarily driven by the performance of the S&P 500 which was up +4.

  5. Alpha Strategic buys stake in Premium Point Investments[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Alpha Strategic plc, a affiliate of