Wed, May 25, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund investments in emerging markets rise in Q2

Monday, August 26, 2013

amb
Kenneth J. Heinz
Precy Dumlao, Opalesque Asia:

Hedge funds’ confidence in emerging markets remain at positive levels as investments in the sector rose in Q2 of 2013 even as currencies across the globe fell during the period, according to data provider Hedge Funds Research.

According to the latest HFR Emerging Markets Hedge Fund Industry Report, hedge funds assets invested in emerging markets reached a record $154.9bn (Russian Ruble 5.1tln, Brazil Real 371 bn, Indian Rupee 9.8tln, Saudi Riyal 580 bn).

"In contrast to the recent economic improvement in developed markets, the Emerging Markets investment environment has deteriorated and become more challenging, with EM hedge funds effectively posting impressive gains, negatively correlated to the recent declines in both EM equities and currencies," said Kenneth J. Heinz, President of HFR.

He went on to say, "The combination of variables , including expectations for tapering of U.S. bond purchases, continued social and secular unrest across Egypt and Syria, and policy action to reduce the sharp declines in the Indian Rupee and South African Rand suggests continued EM asset volatility in coming quarters. Through this environment, EM hedge funds continue to be well positioned to insulate investors from currency, commodity, equity and sovereign fixed income weakness and to tactically position for opportunities created by fluid political......................

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. Paul Tudor’s hedge fund trims fee amidst poor performance, keep investors[more]

    Komfie Manalo, Opalesque Asia: Paul Tudor’s $11.6bn hedge fund firm Tudor Investment Corp. announced on Monday it would slash down fees of one of its biggest fund to 2.25% of assets and 25% of profits amidst backlash arising from poor performa

  2. West Virginia objects to Alpha Natural sale to hedge fund[more]

    From AP/Heraldcourier.com: West Virginia's environmental authority has filed an objection to the proposed $500 million sale of Alpha Natural Resources' assets to a hedge fund, arguing that the deal could leave the state holding hundreds of millions in reclamation liabilities. The Register-Hera

  3. Mitch Petrick leaves Carlyle as his hedge fund unit suffers losses while assets expand[more]

    Komfie Manalo, Opalesque Asia: Mitch Petrick will be leaving Carlyle Group as head of its hedge funds unit overseeing about $34bn as of March 31, after several funds under his management suffered losses while assets expanded, various media reported. Petrick joined Carlyle in 2010 and was a former

  4. Institutions - Kentucky pension leans into hedge funds amid governance turmoil, Korea's NPS names finalists for initial $1 billion hedge fund-of-funds allocation[more]

    Kentucky pension leans into hedge funds amid governance turmoil From AI-CIO.com: The Kentucky Retirement Systems moved to increase its hedge fund allocation as controversy reigned over fund leadership. Following a string of high-profile hedge fund exits, the Kentucky Retirement Systems (

  5. Fund Profile - The hedge fund that couldn't stay open long enough for a big payday[more]

    From Bloomberg.com: Toby Dodson waited six months for his bet against a fragile Portuguese bank to pay off. But before the reckoning, word came down from his hedge fund bosses at Achievement Asset Management in Chicago: get ready to clear out your desk and unwind your trades, we’re shutting down. Th