Tue, Mar 28, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

LatAm hedge funds expand stronger than Europe since 2000

Thursday, January 16, 2014

Komfie Manalo, Opalesque Asia:

Latin America’s hedge fund industry might comprise only a fraction of the total hedge fund assets globally, but it grew larger compared to European hedge funds since 2000. Thomas Belkin, vice president on the Buy-Side Business Development team in the Eurex Exchange Chicago office, said that while the $62bn LatAm hedge fund industry might be small compared to the $1.91tln managed by hedge funds globally, its relative growth is much larger than that of European hedge funds.

Speaking at the recent Opalesque Florida Roundtable, Belkin said that in 2000, Latin American hedge funds manage $2.6bn but the figure grew to $62bn in 2013 or at least 20 times.

"The relative growth from Latin American hedge funds from $2.6bn in 2000 to over $62bn in 2013 has been clearly stronger than the growth by European Hedge Funds which only increased assets tenfold over the same period. Partially contributing to this boost in Latin American hedge fund AUM is the strong GDP growth and an increasing number of high-net-worth individuals in Brazil", he said.

Also contributed to the rapid growth in the LatAm hedge funds space is the shift amongst Brazilian investors towards US dollar denominated offshore investment opportunities and away from the Brazilian real.

Fortunately, Belkin said Florida-based investment management and investment services firms offer better opportunity 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. Opalesque Exclusive: FS Investments launches energy fund[more]

    Bailey McCann, Opalesque New York: $19 billion Philadelphia-based FS Investments has launched a new interval fund which will invest in energy. The FS Energy Total Return Fund is the firm's first closed-end interval fund and will invest opportunistically in energy companies and assets. FS

  2. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  3. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  4. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  5. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less