Fri, Aug 22, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emerging market-focused hedge funds suffer sharp losses

Tuesday, March 04, 2014

Komfie Manalo, Opalesque Asia:

Emerging market-focused hedge funds suffered sharp losses at the start of 2014 as the HFRI Emerging Markets (Total) Index declined by 2.5% in January on weakness in Eastern Europe and Latin America. Comparatively, the index gained 7.1% in the final four months of 2013.

According to the latest HFR Emerging Markets Hedge Fund Industry Report, hedge funds investing in Latin America and Eastern Europe fell sharply this year even as the funds saw strong capital inflows from investors.

Total hedge fund capital invested in emerging markets increased by over $9bn in 4Q 2013 to over $170bn with inflows for the quarter of $2.1bn. For the full year 2013, total hedge fund capital invested in emerging market increased by nearly $20bn, on inflows of over $6.4bn.

"Hedge funds investing in Ukraine and Argentina have been exposed to tremendous volatility in recent weeks, contributing to an intra-emerging market performance decoupling, with funds investing in Emerging Asia, the Middle East and elsewhere in Latin America producing mixed performance through the recent EM-centric volatility," stated Kenneth J. Heinz, President of HFR.

"As developed markets continue to extract economic stimulus measures led by the U.S. Federal Reserve, it is plausible to expect continued volatility in EM in 2014; however, this volatility is likely to create opportunities ......................

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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added