In the week ending 17 March, 2017, a Seward & Kissel study showed that a rising number of newly launched hedge funds are employing non-equity-based investment strategies which according to the authors is "the story of the year". The portion of new hedge funds using non-equity-based strategies increased to 35 percent in 2016, up from 20 percent in 2015. The report added that hedge fund managers are establishing solid track records in the U.S. first and leverage it to attract offshore investor interest.
Robert Grunewald and Richard Petrocelli have launched the alternative asset management firm Flat Rock Global that is focused on yield-driven investment strategies; ABR Dynamic Funds launched its first Irish-domiciled UCITS V fund; and Volker Dischler and Julian Moore have founded Cognitive Trading to leverage complexity theory to multiply the power of artificial intelligence;
The Lyxor Hedge Fund Indexwas up 0.8% from the week ending March 07 (+1.5% YTD);
The Lyxor Hedge Fund Index ......................