Tue, Oct 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

FRM predicts hedge fund managers will remain well-hedged and low on performance over coming months

Thursday, July 04, 2013

Beverly Chandler, Opalesque London:

Man Group’s $15.5bn fund of hedge funds’ business FRM’s latest Early View finds that markets over June proved the most extreme in terms of market behaviour in 2013, with both the Fed Policy and Chinese Economic Data shaking the markets. The firm writes: "Emerging Markets equities were difficult in places, with the move in US government bond yields, forcing investors to pre-price EM assets, fundamental worries and outflows all combining to result in large moves across both EM debt and equities."

Looking forward, FRM predicts that for the rest of the year, the Fed should act as a dampening mechanism, breaking trends as they start to develop. "Strong data could lead to a lessening of Fed involvement, whereas weak data could lead to a more active Fed" the firm writes.

Europe continues to be a concern with only US data affected by the Fed’s actions. FRM feels that a likely scenario is where US data remains strong, Fed talk of tapering QE is increased, but this translates into a weak European market. The firm also predicts a risk of dislocation in credit markets where a widening government bond yield and a widening spread may lead to material absolute losses in the credit complex.

In terms o......................

To view our full article Click here

Banner

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. Opalesque Exclusive: What's next for trend followers?[more]

    Bailey McCann, Opalesque New York: New research out from Ibbotson touches on a key debate happening among investors and fund managers, specifically whether long term trend followers can survive in the new

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Sparx optimistic about outlook for Japan[more]

    Benedicte Gravrand, Opalesque Geneva: According to SPARX, there are causes to be optimistic about the outlook for the Japanese market and the country's economy in general. Sparx Asset Management is a Tokyo-based asset manager, part of